Best way to cancel Credit card accounts?

ukonlineshopping

I have about 9 credit cards accounts mostly all expired 0% purchase cards that I no longer use.

I am having a new year clean up of my finances and wish to get rid of about half of them.

What is the quickest and most efficent way of cancelling?

A cancellation letter with the card enclosed cut up??

Thanks
Ted

lisyloo

Phone up, it's quicker.

chattychappy

Yes, phone. Barclaycard offered to confirm in writing, but I said no need.

Don't forget that if you've given any continuous payment authorities, these could bring the accounts back to life.

ukonlineshopping

continuous payment authorities

such as magazine subscriptions etc

izools

ukonlineshopping wrote: »

continuous payment authorities

such as magazine subscriptions etc

Yeah, that and any services / insurances etc you are paying for via credit card, too - especially any payment protection insurance you might have on the card - if you do, demand confirmation of cancellation in writing as it's been known for these to re-surface years later and the CPP company trying to blag that you'd never cancelled it to begin with.

Good luck!