We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Closing card account that is in credit?

Options
My other half wants to close his Capital One credit card account but it is in credit by £56.


Will they let him close the account and send him a cheque for the money?


He cut up the card last year so cant spend the money to bring the account to zero.

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Yes. .
  • I've also called up credit cards and asked them to credit my account, the one which has the DD associated with it, from there you can move it to wherever you want.
  • chelseablue
    chelseablue Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thank you, the account doesn't have a direct debit associated with it.
  • Anthorn
    Anthorn Posts: 4,362 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    My other half wants to close his Capital One credit card account but it is in credit by £56.


    Will they let him close the account and send him a cheque for the money?


    He cut up the card last year so cant spend the money to bring the account to zero.
    Thank you, the account doesn't have a direct debit associated with it.

    When you ring them to close it ask them about it.

    When I closed my Santander 123456789 (slight exaggeration) card they me a cheque for one penny that I din't know I had. Yes I did deposit it in my current account (thank goodness for deposit automatic teller machines).

    Anyway, most likely a cheque or transfer to your bank account.
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker

    He cut up the card last year so cant spend the money to bring the account to zero.

    If he knows the CVV and the expiry date then it is simplicity itself to spend the money in a cardholder not present transaction (online or by phone).
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.7K Work, Benefits & Business
  • 598.6K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.