Sample letter to bank to Cancel, Suspend, or Restrict a Credit Account

I have a credit card account in your bank which I have been using for a long while. I want to cancel this credit card. I have spoken over phone to an executive of your bank in this regard. This letter is to confirm in written that I am opting for the cancellation of my credit card at the earliest.

Account number:

Credit card number:

All my dues and payments are settled with this credit card and there is no withstanding payment that needs clearance. I have attached a copy of the last payment check that I issued to clear the remaining debt. I have also attached the other documents necessary for the procedure of credit card cancellation as informed to me by the bank executive over phone.

The reason behind mine opting to cancel this credit card is the huge rate of interest that comes with this card. I find it difficult to pay this big amount which has led me to opt for a cancellation of this credit card. I had earlier requested for a decrease in payable interest rate but to that I received no response.

I would appreciate if I you could give me a written statement for my credit card cancellation. I would want you to include in the statement that this card has been cancelled at consumer’s request and not under any penalisation for delayed or non-payment.