Credit Card Tips: Follow these 5 easy steps to close your credit card..
Sometimes, due to some reasons, people want to close one or more of their credit cards. After getting some credit cards, people come to know that many types of charges are being levied on them and the benefit is much less. It is better to close such a troublesome credit card, otherwise, there will be a loss of money and tension will always remain. Closing a credit card is not a very difficult task, it can be easily closed (How to close your Credit Card). You just have to follow these 5 easy steps.
1- First of all pay your dues
Before closing any credit card, you have to pay all its dues. Until you pay the dues, your credit card will not be closed, even if your dues are only a few rupees. Also read- These are the 7 benefits of a credit card, tell them to the person who says bad things, and he will not say anything next time.
2- Redeem your reward points
Many people forget to redeem their reward points in a hurry to close their credit cards. You have earned reward points from the money you have spent using that credit card. In such a situation, do not hesitate before redeeming the reward points while closing the card. Also read- Have you just got a job? Do not make these 5 mistakes even by mistake, otherwise the dream of becoming rich will remain just a dream!
3- Check the standing instructions
Many times people put standing instructions for some recurring payments on their credit cards, such as insurance premiums, OTT monthly charges, or something else. Before closing the card, make sure that there is no such instruction on it, otherwise, your payment may stop after the card is closed. If the premium stops, then your policy may be in danger. Also, read- I wish I had not made this mistake... These 5 mistakes made during the job are very costly in old age.
4- Call the bank
The next step is that you have to call your credit card bank. You have to tell them that you want to close your card. The bank may ask the reason for closing the credit card, which you will have to answer. After this, the request to close your credit card will be taken after taking the necessary information. The bank may ask you to send an email or ask you to cut the card and email its photo, then you will have to do that too. Also read- Big news has come for those who have credit cards, if you are still unaware then read it now
5- Do not forget to cut the card
To close your credit card, it is most important that you cut it diagonally. Otherwise, if it comes into the wrong hands, it is possible that some of your information can be stolen from it or it is possible that some fraud can happen in your name. Don't just throw the card in the dustbin, first cut it and then throw it away.
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