How to Cancel FAB Credit Card– 6 Steps Guide 2024
Do you want to cancel your FAB credit card but don’t know where to start? Canceling the FAB credit card is easy; however, some considerations are necessary to keep in mind. These include the reason why you want to cancel your card and the other implications including reviewing the fees and rewards.
Canceling the credit card of the FAB bank account is as easy as just activating the card. There is no doubt that it’s a smooth process; however, some attention and time are required to do so.
In this post, we provided a step-by-step guide on how to cancel your FAB credit card using simple steps.
How to Cancel FAB Credit Card – 6 Step Guide
Step # 1: Assess the Implications
The first and most important step to avoid inconvenience is to consider the implications as well as your financial situation. It is better not to lose your card than to be sad later for canceling it.
Canceling the card may have a great effect on your life as you won’t be accessing the money through card, you won’t be able to do shopping, and you also won’t be able to perform other important work using it.
So, the first and most important step is to consider the reason you want to cancel the card and to analyze the impacts of it.
Step # 2: Settling the Balance and Bills
The second important step is to set and clear all of your bills and the balances that remain on the card. For example, if you have applied for a bill and the fee has not been deducted from the account yet, then you should wait until the fee is deducted. Once the fee is deducted, you can proceed to cancel the card.
Step # 3: Reviewing the Terms and Conditions
Reviewing the card terms and conditions of the FAB bank is another step that must be followed. Most people skip this step, and they regret it later for the loss of the rewards, etc. So, before cancellation, also review the terms and other policies on the card.
Step # 4: Reviewing Rewards and Benefits
The fourth step includes reviewing the rewards and benefits you could gain by using the card. FAB Bank always facilitates customers by offering different benefits, including rewards and other benefits each year. Reviewing these rewards and benefits helps you take advantage of these facilities before closing or canceling the card.
Step # 5: Contacting the FAB Bank Customer Phone Number
The 5th step includes contacting the FAB bank phone number. This phone number is available on the back side of your credit, or you can also find it on the official website of FAB bank. Once you find the relevant number, call them.
Upon calling them, you will be able to listen to the multiple options. Click on the extension to talk to customer support. Now describe the situation to them about the cancelation of the card. They will ask for some details, including your ID number, name, and other details, and will make note of your request.
Once your request is written, they will guide you about the steps that are involved in the cancelation of the card. Follow those steps, and in this way, your card will be canceled with some timeframe described by the customer support member.
Step # 6: Disposing your Credit Card
In the end, we recommend you dispose of your credit card. It will help to avoid any fraudulent activities upon snatching or losing your card on the way.
Also Read: Transfer Money From Ratibi / Ratibi Card Salary Check / Open FAB Bank Account /FAB Balance Check
Note: No Liability Certificate
Once you review all the rewards, benefits, and implications, you can request a No Liability Certificate from the FAB bank. This certificate will help you on different occasions, i.e., help you create a credit card again in the future if needed. It also includes the details that your bank statements are cleared, and there are no pending dues or bills, so it will also help you handle compliments about bills in the future.
Frequently Asked Questions
Q. How much time it takes to cancel my FAB credit card?
Ans. Once you request credit card cancelation, it will take -1-3 weeks.
Q. May I close my FAB credit card with annual fees on it?
Ans. No, do not close your FAB credit card with annual fees. It will affect your bank statements in the future.
Also Read: Deactivate your FAB Debit Card / Get Your FAB Bank Statement Online / Activate FAB Credit Card / FAB iSave Account Apply online
Wrapping Up – Canceling the FAB Credit Card
You can cancel your FAB credit card by following the above simple steps. However, before the cancellation, make sure that you have no pending fees and rewards. Keep in mind that FAB Bank always facilitates users. However, do not try to follow steps not suggested by the bank to avoid any wrong conduct with your bank and credit card. Always read the terms and conditions before canceling or activating any type of FAB card.
