Introduction
Closing a Discover credit card can be a straightforward process if you follow the right steps. Whether you want to close your card due to high fees, lack of use, or simply because you no longer need it, this article will guide you through the process of closing your Discover credit card.
Contact Discover
The first step in closing your Discover credit card is to contact Discover’s customer service. You can find the customer service phone number on the back of your credit card or on your monthly statement. When you call, be prepared to provide your account information and answer security questions to verify your identity.
Tip: Make sure to redeem any remaining rewards or cash back on your card before closing it, as you may lose those benefits once the card is closed.
Pay Off Your Balance
Before closing your Discover credit card, it’s important to pay off any outstanding balance. You can do this by making a payment online, through the Discover mobile app, or by calling customer service. Ensure that you have a zero balance on your card before proceeding with the closure process.
Tip: Keep in mind that even after you close your credit card, you are still responsible for paying off any remaining balance. Closing the card does not absolve you of this obligation.
Request Closure
Once you have paid off your balance, you can request the closure of your Discover credit card. You can do this by calling Discover’s customer service or by sending a written request through mail. When making the request, clearly state that you want to close your credit card account and provide your account information for verification purposes.
Tip: It’s a good idea to keep a record of your request, whether it’s a confirmation number from a phone call or a copy of the written request. This can come in handy if any issues arise in the future.
Confirm Closure
After you have requested the closure of your Discover credit card, it’s important to confirm that the closure has been processed. You can do this by checking your online account or by contacting customer service. Ensure that the closure has been completed and that your credit card account is no longer active.
Tip: It’s a good practice to monitor your credit report after closing a credit card to ensure that it is accurately reflected as closed. You can obtain a free copy of your credit report from each of the three major credit bureaus once a year.
Conclusion
Closing a Discover credit card involves contacting customer service, paying off your balance, requesting closure, and confirming the closure. By following these steps, you can successfully close your Discover credit card. Remember to redeem any rewards or cash back before closing the card and monitor your credit report to ensure accuracy.
References
– discover.com
– consumerfinance.gov
