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How To Write Credit Card Cancellation Letter

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    It is important to write a credit card cancellation letter as this formal letter that notifies a financial institution in advance that you will no longer be using their services.

    When writing the letter, it is imperative to use formal language and to be concise. Specify all details including account balance that you may need to pay.

    Most financial institutions may not require any payment status in your account. However, ensure to go through cancellation policies for the best possible results.

    Additionally, be honest in your writing. When closing an account, it has to be based on mutual consent between you and the bank. This will ensure a happy closing note and helps to hasten the process of canceling a credit card.

    Give reasons as to why you need to cancel a credit card. More importantly, it should be short, clear and straight to the point. Similarly, use a soft and positive tone bearing in mind that this is a formal document that has to be treated with utmost respect and urgency.

    Example Of Credit Card Cancellation Letter

    (Sender Name)
    (Sender Title/Position)
    (Sender Organization Name)
    (Sender Street Address)
    (City, State, Zip Code)

    (Date)

    (Recipient Name)
    (Recipient Title/Position)
    (Recipient Organization Name)
    (Recipient Street Address)
    (City, State, Zip Code)

    Dear (Name),

    I am writing to inform you that I need to cancel my credit card no. 4455 1232 3694 issued by your bank in March 12, 2009. I need to terminate the card within the shortest time possible. I have cleared all balances and there are no dues on the card.

    It is a savings card and I no longer need it because I have stopped purchasing books online for my research. I enjoyed good relations which we maintained for the past years based on your quality service delivery and your dedication.

    Please give precedence to my request and confirm my credit card cancellation.

    Yours Sincerely,
    (Name)

    Click to find out more on how to write complaint letter for credit card charges.

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