To cancel your Alaska Airlines Credit Card, call customer support by dialing (800) 732-9194. Cardholders are also able to cancel an account at any of the branch locations for the issuer or via mail.
Please note that if you have an outstanding balance on the account that was cancelled, you still need to pay at least the minimum monthly payment until you have paid the full amount. In addition, you'll forfeit any miles you don't use therefore, make sure you redeem them prior to cancelling the card.
You need to change your payment method to accommodate any recurring charges linked to the Alaska Airlines Credit Card.
How do I cancel your Alaska Airlines Credit Card?
- On the phone: Contact the customer support number by dialing (800) 732-9194 and provide your account number in full as well as you Social Security number (SSN) or your phone access ID to confirm your identity. Follow the instructions for a call to a customer service rep and inform them that you'd like to cancel your account.
The customer service representative might offer an incentive to keep customers however, you are able to refuse the offer and move on to ending the account.
- In-person: You may cancel your card in one of the branch locations owned by the issuer during business hours. To locate a branch within your region, click this branch location tool on the issuer's site or mobile application.
- In writing: Mail your request in writing to revoke this card:
to Bank of America
PO Box 982234
El Paso, TX 79998-2234
It's crucial to understand that if you cancel the Alaska Airlines Credit Card, there could be a decline of your credit rating according to the card's credit limit as well as the length of time you've held the card. It is possible to get a sense of how a canceled credit card can impact your credit score using the free credit score calculator.
Read Also: How To Use Alaska Airlines Flight Credit
People Also Inquire
What is the Alaska Airlines Credit Card cancellation cost?
There isn't an Alaska Airlines Credit Card cancellation cost. However, you must pay any balances due prior to closing your account.
You can deactivate the validity of your Alaska Airlines credit card by calling 1-800-432-1000.
Most of the time the cancellation of a credit card can negatively impact your score on credit, therefore it's recommended to keep it in use and not used. However, if the annual fee of $75 beginning after the year two is excessive, given how often you utilize it, it's an excellent idea to terminate it.
What happens when you cancel your credit card with an outstanding balance?
The ability to close a credit card that has balances is possible and can be advantageous when a credit card firm alters the terms of your account for the worse, like increasing your annual fees or the APR.Getting rid of the credit card from the account is also advantageous if you want to pay off your outstanding balance without making any additional purchases. Closing a credit account doesn't make the balance due disappear or render the full amount payable immediately. It is necessary to continue making the minimum amount of payment each billing cycle till the debt is paid. But closing your account will stop the purchase of new items.
There are many things to take into consideration before deciding if closing a credit card is a good idea and it's best not to take action quickly. Before you decide take a look at what happens when you close the credit card that has an outstanding balance.
This is what happens when you shut down the credit card that has the balance
You'll owe the balance. There is no obligation to settle the balance on the account immediately however, you are required to continue making the minimum amount due for every billing cycle. There will be interest accruing and the minimum amount due will increase gradually. Each card issuer has specific rules regarding this issue and you can learn more about this in the terms of your card. If not, contact customer service to learn as much that you are able from your card provider prior to deciding for the closing of your account. If you're considering closing the account so that you'll be able to be able to pay off the debt, think about an option to transfer your balance or a payment plan with your card issuer or a consolidation loan.
Any rewards you've earned are likely to be lost. It is important to make sure you use any rewards remaining from your current card since they're likely to be lost when you close your account. It's also a good idea to pay off a little of the balance by making cash-back redemptions.
It can affect the credit rating. If your credit card is the oldest of credit cards the average age of your credit will be reduced. Your credit utilization can rise if there are accounts with balances from other credit cards. Both of these could negatively impact the credit rating. If you're planning on applying for an loan or financing a major purchase in the near future, you should make sure to check your credit score first to determine if you are able to afford to pay for a loss.
Overall closing a credit card that has an outstanding balance is not the best choice. There are options but they're not all accessible to everyone at any credit score, including an affordable deal on the balance transfer credit card. The option of cancelling an account with an outstanding amount could be a wonderful solution to help you get back on track if you are willing to endure an eventual loss on your credit rating for the financial stability of your budget. Be sure to understand the terms of your repayment prior to you decide to act. The closing of a credit card that has an outstanding balance doesn't get you out of the obligation to pay that amount.