When canceling a credit card,you should cut up the card and ____ that you are canceling your account.
A) inform the issuer in writing
B) call the issuer and tell them
C) inform the credit bureau in writing
D) call the credit bureau and tell them
E) all of the above

Question

Quizplus · Accepted Answer

When canceling a credit card, it is important to inform the issuer in writing to ensure that your account is properly closed and to have a record of your cancellation request. Simply cutting up the card is not enough. While it may also be helpful to notify the credit bureau of the cancellation, it is not necessary or required. Calling either the issuer or the credit bureau is not as effective as providing written notice. Therefore, option A is the best choice.

When Canceling a Credit Card,you Should Cut Up the Card