Sample letter to bank to Cancel, Suspend, or Restrict a Credit Account

I have a credit card account in your bank which I have been using for a long while. I want to cancel this credit card. I have spoken over phone to an executive of your bank in this regard. This letter is to confirm in written that I am opting for the cancellation of my credit card at the earliest.

Account number:

Credit card number:

All my dues and payments are settled with this credit card and there is no withstanding payment that needs clearance. I have attached a copy of the last payment check that I issued to clear the remaining debt. I have also attached the other documents necessary for the procedure of credit card cancellation as informed to me by the bank executive over phone.

The reason behind mine opting to cancel this credit card is the huge rate of interest that comes with this card. I find it difficult to pay this big amount which has led me to opt for a cancellation of this credit card. I had earlier requested for a decrease in payable interest rate but to that I received no response.

I would appreciate if I you could give me a written statement for my credit card cancellation. I would want you to include in the statement that this card has been cancelled at consumer’s request and not under any penalisation for delayed or non-payment.
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  • RE: Sample letter to bank to Cancel, Suspend, or Restrict a Credit Account -Lubna Lakdawala (03/13/14)
  • Sample letter to bank to Cancel, Suspend, or Restrict a Credit Account


    I am writing this to request to you to cancel my credit card. My credit card number is 00000000000. I have been using this card since 3 years.

    The reason I am canceling this card is that the interest rate charge by your bank is very high. Thus I don’t use this card very frequently. It is difficult for me to pay the huge interest you charge which has led me to opt for a cancellation of this credit card. I had earlier requested for a decrease in charged interest rate but I received no response. Thus I request you to please cancel this credit card immediately.

    All the dues on this card are cleared. I hereby assure you that there is no outstanding bills n this credit card. All dues as of February 2014 are cleared. For your reference I have attached the payment receipt along with other documents required for the cancellation of my credit card which are mentioned on your website.

    Please send me a confirmation about the cancellation of credit card. If there is any more formalities to complete for the cancellation please feel free to contact me via mail or telephone. Your prompt attention to this matter would be highly appreciated.

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