How Do I Cancel My Capital One Card?
Capital One is a leader in credit cards, giving customers a number of options, but sometimes you want to break away from credit cards and take control of your finances. If you are a Capital One cardholder and want to cancel your card, what steps do you take? How do you cancel your Capital One card? You can get information and assistance from Capital One customer support here, and you can continue reading for ways to cancel your credit card.
Reasons for Canceling Your Card
There are a number of reasons you may be thinking of canceling your Capital One card. Your card could have been damaged, lost or stolen. You may be reorganizing your finances, or you just no longer use the card.
Before Closing Your Card
Before you close your Capital One card, there are some things you need to be aware of, such as:
- Closing the account could alter your credit usage by decreasing your available credit. This could show a higher percentage of credit usage which may decrease your credit score.
- All charges made before you close the card are still your obligation to pay. Any attempted charges after the Capital One card has been closed will be declined.
- If you have any automatic payments set up on your Capital One card, make sure you stop those before closing your account.
- Continue making payments until your balance is zero after canceling your card.
- Once you cancel your card, any rewards you earned will be forfeit. Therefore, use any rewards you've accrued before canceling your card.
- Statements will still be sent to you until the account is paid in full.
- Almost all accounts are permanently closed. It is very rare for a card to be reactivated.
How to Cancel Your Card
To cancel your Capital One card, follow these steps:
- Open Capital One's website in your browser on your PC or laptop.
- Log into your account.
- Click on "Need Help."
- Type in "Close Account."
- Click on the reason you are closing your card.
- Select "Continue closing my account" at the bottom of the payment window that appears.
- Continue paying your Capital One bill until the balance is zero to completely close out the account.
Make sure you have considered everything before canceling your Capital One card. Once you are ready to make that move, you can cancel your card online by logging into your account and following the prompts under the "Need Help" icon. For more information and assistance, contact Capital One customer support here.
Why Did GetHuman Write "How Do I Cancel My Capital One Card?"?
After thousands of Capital One customers came to GetHuman in search of an answer to this problem (and many others), we decided it was time to publish instructions. So we put together How Do I Cancel My Capital One Card? to try to help. It takes time to get through these steps according to other users, including time spent working through each step and contacting Capital One if necessary. Best of luck and please let us know if you successfully resolve your issue with guidance from this page.
Why does GetHuman Write How-to Guides for Capital One Problems?
GetHuman has been working for over 10 years on sourcing information about big organizations like Capital One in order to help customers resolve customer service issues faster. We started with contact information and fastest ways to reach a human at big companies. Particularly ones with slow or complicated IVR or phone menu systems. Or companies that have self-serve help forums instead of a customer service department. From there, we realized that consumers still needed more detailed help solving the most common problems, so we expanded to this set of guides, which grows every day. And if you spot any issues with our How Do I Cancel My Capital One Card? guide, please let us know by sending us feedback. We want to be as helpful as possible. If you appreciated this guide, please share it with your favorite people. Our free information and tools is powered by you, the customer. The more people that use it, the better it gets.