Citibank
Date: Mon, 08/16/2010 - 09:20
You go Citibanks' branch where you have the unwanted account and
You go Citibanks' branch where you have the unwanted account and close them. But first, make sure all automatic deposits/withdrawals are canceled first and that all checks have cleared.
Quote:Originally Posted by paulcahill80You go Citibanks' branch
Quote:
Originally Posted by paulcahill80 You go Citibanks' branch where you have the unwanted account and close them. But first, make sure all automatic deposits/withdrawals are canceled first and that all checks have cleared. |
If it's in good standing, you may want to keep it so you don't impact your credit score by closing it.
Just to clarify, by closing out 1 account, if you have other acc
Just to clarify, by closing out 1 account, if you have other accounts open, it should not negatively impact your account rating. Below is a outline of how your FICO score is calculated.
1) 35% (Payment History)
2) 30% (Amounts Owed)
3) 15% (Length of Credit History)
4) 10% (New Credit)
5) 10% (Types of Credit Used)
Please feel free to go on (www.myfico.com) website to validate this information.
You can either go into a Citibank branch office or call the customer service phone number on back of your credit card to request for your card to be closed. You can also send a letter to the billing correspondence address on your statement & request for account to be closed in writing.
I hope I was able to answer your question. If in need of free financial assistance, please do not hesitate to contact me.
