Closing a credit card can be a big decision, and if you have decided to close your IDFC FIRST Bank credit card, we are here to help you through the process. We will guide you step-by-step process to close your IDFC FIRST Bank credit card.
Step 1: Pay Off Any Outstanding Bills
Before you close your credit card, it is important to ensure that you have paid off all outstanding balance on the card. This includes any pending bills, fees, or charges. Clearing your balance will make the closure process smoother.
Step 2: Redeem Any Reward Points
If you have accumulated reward points on your IDFC FIRST Bank credit card, it is a good idea to redeem them before closing the account. Check with the bank for available redemption options, such as cashback, gift vouchers, or airline miles. Take advantage of the rewards you have earned before bidding farewell to your credit card.
Step 3: Contact Customer Care
To initiate the closure of your IDFC FIRST Bank credit card, you’ll need to get in touch with the bank’s customer care. You can reach out to their helpline at 1800 10 888. Follow the prompts to speak to a representative who will guide you through the account closure process.
Closing your IDFC FIRST Bank credit card is a simple process that involves paying off your balance, redeeming any reward points, and contacting customer care. By following these steps, you can smoothly close your credit card account.
FAQ
Is there a specific time frame within which I need to close my IDFC FIRST Bank credit card?
No, there isn’t a specific time frame for closing your IDFC FIRST Bank credit card. You can initiate the closure at any time that is convenient for you.
Are there any fees associated with closing my credit card?
IDFC FIRST Bank does not usually charge a fee for closing a credit card. But, it is a good idea to double-check with customer care about the fees and charges.
Will closing my credit card affect my CIBIL score?
Closing a credit card may impact your CIBIL score, as it could decrease the overall credit available to you. However, if you have multiple credit cards or maintain a good credit utilization ratio, the impact will be low.
Can I reopen my credit card after closing it?
Once you have closed your IDFC FIRST Bank credit card, it cannot be reopened. If you wish to continue using their credit card services, you would need to apply for a new card.
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