Closing a credit card becomes possible after you fully repay the existing debt on it. The convenience of a credit card in comparison with other options for using borrowed funds from a bank is that you can do this at any time without additional formalities - just deposit money into the account in any possible way.
It is necessary
- - money;
- - bank card;
- - passport (when depositing money at the bank's cash desk or when transferring through another credit institution or when repaying a loan at the post office, through a communication salon, etc.);
- - the amount of debt;
- - a visit to the bank or a call to its call center.
Instructions
Step 1
Check what your current credit card debt is. The easiest way to do this is to go to the Internet bank. But it is better to call the call center or visit the nearest bank office. It is optimal to do this directly on the day you are going to make a payment. A conversation with the bank's specialists will allow you to clarify how much money you have to deposit if you are going to close the card. It is possible that the amount will be slightly more than expected. The bank usually does not charge a fee for closing the card. But it may turn out that the commission for the annual service has not been written off. Or additional interest for the use of the loan has run up, etc. To close the loan, you need to have no debts on it.
Step 2
Pay off the debt in any convenient way. There are various options, but the fastest and most reliable - depositing money at the bank's cash desk or through its ATM with the function of instant crediting to the account. Please also note that replenishment of a credit card account with the participation of intermediaries (terminals, other banks, post offices, etc.) involves additional commissions for the services of these intermediaries, which can reach up to 10 percent of the payment amount. If in the area where you are, there are no branches and ATMs of the bank whose card you are closing, you cannot do without intermediaries. Please note: the account must receive an amount not less than the debt on the card. In addition, the money will reach her after some time (usually up to 3 working days), and during this time additional interest may be charged, especially if there is an overdue debt.
Step 3
After the complete calculation, write an application for closing the credit card (most banks will give you a sample), make a copy of it and ask to make an acceptance mark on it. There are cases when banks continued to charge customers who stopped using credit cards commissions for their annual service and charged them late fees, and when a solid amount was accumulated, they were transferred to the work of collectors. But if you have a copy of the application with the bank's mark, you can easily prove that the debt was accrued inappropriately. If the bank does not want to make a mark on the acceptance of the application, send this document to its head office in a valuable letter with a list of investments and a receipt acknowledgment.
Step 4
Ask the bank employees to issue a certificate of the absence of credit card debt, this certificate, a copy of the application for closing the card with a bank mark (or confirmation of its sending by mail) and all documents confirming loan payments (receipts, cash orders, checks from ATMs, etc..) keep for three years. This is exactly how much time is the limitation period for litigation.
