Wondering how to cancel your OCBC credit card? You’re not alone. Many people find themselves in this situation at some point in their lives. Whether you’re closing an account you no longer use or switching to a different card, canceling a credit card can be a hassle. But it doesn’t have to be. Here are three easy ways to cancel your OCBC credit card:
1. Online Banking
The fastest and easiest way to cancel your OCBC credit card is through online banking. Here’s how:
- Log in to your OCBC online banking account.
- Select the “Credit Cards” tab.
- Find the card you want to cancel and click on “Cancel Card.”
- Follow the on-screen instructions to complete the cancellation process.
2. Phone Banking
If you don’t have online access, you can also cancel your OCBC credit card over the phone. Here’s how:
- Call the OCBC Customer Service hotline 1800-363-3333.
- Select the option to speak to a customer service representative.
- Provide your account information and request to cancel your credit card.
- The representative will process your request and confirm the cancellation with you.
3. Mail
If you prefer, you can also cancel your OCBC credit card by mail. Here’s how:
- Write a letter to OCBC requesting to cancel your credit card.
- Include your account information and signature.
- Mail the letter to:
OCBC Bank
Credit Card Cancellation
PO Box 953
Singapore 911815
Additional Information
- When you cancel your OCBC credit card, it will be closed within 10 working days.
- Any outstanding balance on your card must be paid in full before it can be canceled.
- If you have any automatic payments linked to your credit card, you will need to update them with a new payment method.
Cancelling Your OCBC Credit Card: A Step-by-Step Guide
- Gather your information. You will need your credit card number, account number, and personal information.
- Contact OCBC. You can do this by phone, online, or by mail.
- Request to cancel your card. Be sure to state the reason for cancellation.
- Follow the instructions. You will be asked to confirm your identity and provide additional information.
- Receive confirmation. Once your card has been canceled, you will receive a confirmation from OCBC.
Common Mistakes to Avoid
- Don’t cancel your card without paying off your balance. You will be charged interest on any outstanding balance.
- Don’t forget to update your automatic payments. If you have any automatic payments linked to your credit card, you will need to update them with a new payment method.
- Don’t throw away your credit card until it has been canceled. This could lead to identity theft.
Alternatives to Cancelling Your Credit Card
If you’re not sure whether you want to cancel your OCBC credit card, there are a few alternatives you can consider:
- Freeze your card. This will prevent any new charges from being made to your card.
- Reduce your credit limit. This will make it harder to overspend on your card.
- Switch to a balance transfer card. This can help you pay off your debt faster.
Cancelling a credit card is a relatively simple process. By following the steps outlined in this article, you can cancel your OCBC credit card quickly and easily.
Q: How long does it take to cancel an OCBC credit card?
A: Your OCBC credit card will be closed within 10 working days.
Q: Do I have to pay off my balance before I cancel my card?
A: Yes, you must pay off any outstanding balance on your card before it can be canceled.
Q: What happens to my automatic payments if I cancel my card?
A: You will need to update your automatic payments with a new payment method.
Q: Is there a fee to cancel my OCBC credit card?
A: No, there is no fee to cancel your OCBC credit card.
Cancelling an OCBC credit card is a straightforward process. By following the steps outlined in this article, you can cancel your card quickly and easily. Just be sure to remember to pay off your balance and update your automatic payments before cancelling your card.
