SBI Cards offer great deals and benefits, but there may come a time when you decide to close your card. Here’s how you can do it smoothly, step by step.
Ways to Close Your SBI Credit Card
1. Via Customer Care
- Call the SBI Card helpline number (find it on the official website).
- Request for card closure and provide the required card details.
- The customer care representative will verify your identity and guide you.
- Pro Tip: Keep the reference number for future follow-up.
2. Via Written Request
- Write a formal letter requesting card closure.
- Include your name, contact number, and last four digits of your card (never share sensitive info like CVV or PIN).
3. Via Email
- Send a closure request to SBI Card’s official customer care email ID.
- Mention your card details, registered contact number, and reasons for closure.
- Await a reply with next steps from the customer care team.
4. Visit an SBI Branch
- Head to your nearest SBI branch.
- Provide valid identification and correct card details.
- A bank representative will assist you with the closure process.
For more details visit SBI Credit Card
Things to Consider Before Closing Your SBI Credit Card
1. Clear Outstanding Dues
- Ensure there are no pending payments on your card.
- Unpaid dues can lead to penalties and hurt your credit score.
2. Redeem Reward Points
- Use up your accumulated reward points before closing the card, as they will expire upon closure.
3. Impact on Credit Score
- Closing a card may temporarily dip your credit score by affecting your credit utilization ratio and credit history.
- Recover your score by making timely payments on your other debts.
Key Takeaways
- Closing a credit card is a good option if you want to consolidate debt or reduce financial burdens.
- Avoid frequent applications for new cards to maintain your creditworthiness.
- Always use credit cards responsibly to maximize benefits and maintain a healthy financial profile.