By Gabriela Burk, Community Program Specialist
Some credit cards let you accumulate rewards of some kind, such as frequent flyer miles on airlines or points you can use to buy things at certain stores. Remember to collect (use) any rewards from your card before canceling it.
Call the bank to ask any questions you might have about the cancellation process. Finally, put your request to cancel your card in a letter, make a copy, and then mail the letter to the issuing bank. Ask the bank if you have any questions about what should go in the letter.
For more details on canceling credit cards, visit Creditcard.com’s website How to cancel a credit card.