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Letter to Cancel a Credit Card because of Poor Terms

A Letter to Cancel a Credit Card because of Poor Terms is a formal way to cancel your service and voice your grievances. If your interest rate went up, there's a new annual fee, or your creditor... Read More

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Making a Letter to Cancel a Credit Card because of Poor Terms

  • What is a Letter to Cancel a Credit Card because of Poor Terms?

    A Letter to Cancel a Credit Card because of Poor Terms is a formal way to cancel your service and voice your grievances. If your interest rate went up, there's a new annual fee, or your creditor tried to change its policies without anyone noticing, you may be considering cutting up your credit card. Whatever may have happened, you can cancel your account with a Letter to Cancel a Credit Card because of Poor Service.


    Use the Letter to Cancel a Credit Card because of Poor Terms document if:

    • You want to cancel your credit card because of any changes in your contract.
    • Your interest rate was raised.
    • You got a new or raised annual fee tacked onto your card.
    • Your limit was lowered.

    Credit card companies are constantly changing things, and it's not always in your favor. Maybe your credit limit was lowered or the new fees or APR just don't work for you. If you're unhappy with recent changes, you can send a Letter to Cancel a Credit Card because of Poor Terms. You're not locked into this account, so if it's not serving you anymore it may be best to move on. There's no reason to accept sub-par terms. Let your credit card company know you're not satisfied with a Letter to Cancel a Credit Card because of Poor Terms.

    Other names for this document: Letter Cancelling a Credit Card because of Terms and Conditions

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