Do you wish to learn how to cancel your FNB credit card? This is something that a number of people in South Africa have been asking about. FNB is a great bank. It’s currently used by over 8 million people around the country. We have a previous article in which we showed you the process of applying for an FNB credit card. You are here because, for one reason or the other, you now wish to cancel. How do you do that?
Cancel FNB credit card account
The following is how to cancel your FNB credit card;
- Make sure that you do not have positive or negative balances in your account.
- Visit your nearest FNB bank branch to cancel your credit card. At the moment, FNB is only allowing for the cancellation of credit card accounts inside their branches. It cannot be done over the phone.
You will not be able to cancel if you have outstanding payments
That’s how to cancel your FNB credit card. The first thing that you will need to do is to make sure that you do not owe anything to the bank. If you owe something, you will not be able to cancel your account.
Once you have settled all your debts, and once you have withdrawn all your money, you will now be able to cancel your account. We noted in the above that you can only do this inside one of the FNB branches.
It cannot be done over the phone. Neither can you do it on the app or via internet banking. However, there are some things that you can do this way, such as stopping your FNB card.
You can stop a lost FNB credit card via online banking and using the app
We have just noted that if you wish to cancel an FNB credit card, you will have to do it instore. In this article, we were focusing on people who are looking to get rid of their credit card accounts altogether.
If what you are looking for is to simply stop a card that has been lost or stolen, then it’s easy enough to do so via online banking and through the app. Here is how to report a lost FNB card.
Why cancel your FNB credit card?
You are here because you wish to get rid of your FNB credit card? But why would you even do so? We have already noted that this article is for those who have lost their cards and not those who wish to stop lost cards. But why would you cancel your account?
FNB is a great bank, but you may have decided to cancel because you have moved on to another bank that you believe is even greater. It happens. There are enough banks in South Africa to make choosing easy.
Or maybe you are tired of credit cards altogether. Having a credit card is great, but it can become a liability if you do not know how to manage your finances. Make sure that you remain disciplined and you should be fine. But you have decided that you have had enough and you now wish to live a credit free life.