07 Apr 2021 | 6 min read
While credit cards are one of the most valuable items in the financial world, cardholders often find it difficult to keep them up to date. They may also feel compelled to choose a different card altogether. In such situations, cardholders must close or cancel the credit card they no longer wish to use. This is a simple method that guarantees the cardholder does not incur any excessive fees or charges.
Call the following helpline numbers to close your SBI credit card account:
(STD Code) 39020202 (it is another SBI credit card cancellation customer service number).
The representative will inquire about that information. Share the information to verify your identity and cancel your SBI credit card.
You can also cancel your credit card by writing to the address mentioned below. In the letter, provide the cardholder's name, date of birth, and card number. Never include the CVV or PIN from your credit card in a message.
The following is the address:
PO-Bag 28, GPO,
New Delhi- 110001
Before you order an SBI Credit Card cancellation, keep the following points in mind.
Though it is known that a cardholder may cancel or close a credit card at any time, there are a few things to consider before beginning the cancellation process. The following is a guide for cardholders to follow:
Cardholders can face the following consequences if they close their credit cards.
Question: If I don't pay my bills on time until the bank cancels my account, how will I be notified?
Answer: Before you can close your credit card, you'll need to pay off any outstanding debts. If you owe money on the bill, you won't be able to cancel it.
Question: What are some things to remember before or after you start the process of closing your credit card account?
Answer: You'll need to pay off your debts to avoid using the card before and after the initiation. Also, never give the bank confidential details like your credit card PIN or CVV number. Before discarding your credit card, make sure to cut it diagonally.
Question: Is the credit card worthless after the account has been closed?
Answer: Yes, once the card is closed, it becomes invalid. The bank, on the other hand, can enable reactivation.
Question: When do you think my account will be closed?
Answer: When an account is closed, the Bank will send you written notice. A credit report would also show that a credit card account has been closed.
Question: Will I have to close each of my add-on cards separately?
Answer: All add-on cards will be made non-functional until the primary card has been closed.