ICICI Credit Card Cancel

How to Close an ICICI Credit Card?

To close the ICICI credit card, the customers can choose any of the below-mentioned options -

Online Cancellation Request

The credit cardholders will have to submit ICICI credit card cancellation requests online to initiate the process -

• Visit the official website of ICICI bank

• Log into your ICICI credit card netbanking account using your net banking account credentials.

• Under ‘service request’, select ‘Deactivate ICICI credit card’

• You will be redirected to a new page to enter all the mandatory details like card number, cancellation reason, etc.

• Submit the form to initiate the ICICI credit card closing procedure.

The ICICI bank executive will contact you within three working days to discuss your ICICI credit card cancellation form. Once the details are duly discussed between the bank executive and cardholder, ICICI bank will cancel your ICICI credit card.

Email

The ICICI credit cardholders will have to write an email from their registered email address to ICICI bank at customer.care@icicibank.com to discontinue ICICI credit card services. The mail content should mandatorily mention the following details -

• Name of the ICICI credit card holder

• Branch details

• Account number

• Credit card number

• Type of ICICI credit card

• Expiry of credit card

• Reason for cancellation/ credit card deactivation

• Registered mobile number

The ICICI bank executive will contact you within three working days to discuss your ICICI credit card cancellation form. Once the details are duly discussed between the bank executive and cardholder, ICICI bank will cancel your ICICI credit card.

Customer Care

The customers can also opt for customer care services for ICICI credit card closure. They can contact the ICICI credit card customer care centre between 7 am -9 pm. The customer care executive will ask for certain credit card information like card number, cancellation reason, etc, to process your ICICI bank credit card close request.

Written Request Form

The ICICI bank credit cardholders can also submit a written request form to close ICICI credit card. The request form can be submitted or couriered to the respective ICICI bank branch or ICICI headquarters.

Following details should be mandatorily mentioned in the written request form to close ICICI credit card -

• Name of the credit card holder

• Branch details

• Account number

• Credit card number

• Type of ICICI credit card

• Expiry of credit card

• Reason for cancellation/ deactivation of the credit card

• Registered mobile number

How to Deactivate an ICICI Credit Card?

The credit cardholders will have to contact the ICICI customer care services at 1800-1020-123 /022-3366-7777 to deactivate the ICICI credit card. The care executive will ask some information based questions to authenticate the credit cardholder's identity and initiate the ICICI credit card deactivation process.

Things to Keep in Mind while Canceling ICICI Credit Card

There are a few pointers the credit cardholder should keep in mind before initiating the ICICI credit card closing procedure -

• No Dues - The bank will not proceed with your ICICI bank credit card close request until the customer clears off outstanding bills.

• Avoid Transactions - ICICI bank will revoke your ICICI credit card closure request if the credit cardholder continues to make transactions during the cancellation process.

• Deactivate Auto Debit Feature -If you have linked your credit card to pay your periodic bills under the auto-debit feature, unlink your credit card before closing your ICICI credit card

• Redeem Rewards - Claim and redeem your credit card reward points before you close your ICICI bank credit card.

• Documentation - Once your ICICI bank cancels credit card request is approved, ensure that the bank provides you with an official letter stating that your credit card services are closed.

• Additional Charges - Ensure that the bank does not charge any amount under maintenance, interest, etc., after the prescribed closure date.

Consequences of Closing ICICI Credit Card

There are a few consequences/ cons of closing an ICICI credit card like -

• Hike in Credit Usage Ratio - Customers who do not own a credit card have a low credit limit. Complete or maximum utilisation of credit limit will lead to a high credit utilisation ratio, thus affecting the individual's credit score.

• No EMI Purchase - The customers will not be able to make lump-sum purchases without exhausting their monthly budget. The credit card offers an EMI facility that enables the cardholder to pay minimal amounts every month on lump-sum purchases

• No Rewards - The cardholder will not be able to enjoy exclusive discounts, services, and redeemable rewards without an ICICI credit card.