How To Close Your SBI Cred Card: If you are loyal to the State Bank of India, you can close your SBI credit card or SBI debit card in order to stay with them. You must be wondering which is the best option and how can you close your credit card or debit card. Here are 3 different ways that will help you to understand this better.
Why should you close your SBI card?
There are many reasons why you should close your SBI card. Some of these include:
– Increased exposure to other credit offers
– Time wasted dealing with the hassle of rewards cards
– Financial statements don’t accurately reflect your account
How To Close Your SBI Credit Card:
Automated Online Payment: You can close your account for good by making an online payment. The payment must be at least Rs. 1000. This payment will not be a one-time thing, but it will be recurring monthly payments until the account balance is cleared. This can be a hassle because you have to make sure you have the funds in your bank account to cover the payments every month, but it’s very simple to do and is guaranteed to close your account.
You can go to the SBI website, click on ‘Credit Cards’ and then click ‘Close Your Credit Card.’ You will need your credit card number and PIN. The downside of this is that you won’t be able to transfer your balance from your SBI Credit Card to another account.
Paragraph: Picking up the phone and calling SBI Customer Service at 1950 (1800 for International Customers) is another option for closing your account. Keep in mind that there are certain restrictions on who can close their account by phone.
Paragraph: You can also close your account online if you have the email address associated with the card and know all of the account details like the credit card number, expiration date, and other data.
One option is to call the number printed on your card and explain that you want to close your account. They may ask you a few questions, such as why you’re closing it and what cards have been used on the account. Once they’ve processed your request, they’ll send an email confirmation with a list of all the charges that will be reversed within 24 hours.
How To Close Your SBI Debit Card:
Option 1: SBI e-Debit Card
Option 2: Opt for a balance transfer to another card of your choice
Option 3: Go in person to the SBI branch and request a closure of your account
3 Ways To Close Your SBI Credit Card
If you think that just because SBI credit card has an annual fee, then it is not worth it. Think again, there are many benefits to having a SBI credit card and these 3 ways to close your SBI credit card will show you why! Not only can it be used as an emergency fund with its high interest rate, but it also provides lots of other perks that make the annual fee well worth it.
How to Close Your SBI Card
To close your SBI Card, you will need to call the customer service line. They will ask for a reason for closing the card, and then they’ll make sure that you’re not just applying to another card. You’ll have to wait 10-14 days before your card is closed.
If you have a SBI credit card, it’s easy to close the account. You’ll need to call their customer service department to let them know that you want to close the account. They will need your date of birth and last 4 digits of your social security number if you’re over 18 years old. If you’re under 18, they’ll need your parent or guardian’s information instead.
Applying for Another Credit Card
Applying for another credit card and immediately cancelling the current one is a good way to close a credit card account. Sometimes, this process may be too complicated if the terms of the old account are not favorable or there is an annual fee. In that case, transferring balances to a new credit card is also viable. Lastly, one can close their SBI credit card by not using it for an extended period of time.
Dissolve Your Credit Card
Many people have cards that they no longer need. The best thing to do is to close the card and dissolve it. This will protect you from any potential fraud or identity theft in the future.
How to Close Your Debit SBI Card
SBI Cards can be closed at any time without incurring any penalties. You will want to do this if:
-You no longer want the card and want to cancel it.
-If you are moving out of the country, as you cannot use your SBI Card abroad.
-You need to transfer balances from your SBI Card to a non-SBI card.
SBI Cards are a part of the State Bank of India and offer many great features. If you’re looking to close your SBI Credit Card, there is no need to worry. You can go online and fill out a form that will request for the closure of your card. There is also a second option where you can call customer service at 1800-111-123 from Monday-Saturday from 9:00am-6:00pm and request for your card to be closed. Lastly, if you want to close your SBI Card in person, visit any customer service center with your card and make sure to take all documents needed for verification purposes along with you.