How to close HSBC credit card? Know about how to – Close HSBC credit card; Close HSBC credit card India; Close HSBC credit card Singapore; Close HSBC credit card in UAE; Close HSBC credit card online; Close HSBC credit card Philippines
Close HSBC Credit Card
HSBC Bank provides credit card facilities of various kinds to all its customers. There are customers with varied needs and the credit card facility fulfills all the needs of the customers.
HSBC bank is well known for many credit card-based offers and reward points which can be redeemed at stores and eateries. Also when you are making bookings for hotels, traveling, or events, they have good discounts and additional benefits.
Sometimes it so happens that you may be having many cards or your financial situation may be a little tight, and you may wish to close down your HSBC credit card.
When you decide to close down your credit card account, you will look up to see options available for closing down and would also want to know the steps or the procedure to follow for closing down your HSBC card account.
There are many options available for customers their convenience to close down their credit card accounts. HSBC Bank offers in the form even home services.
Though the credit card company would not wish to lose any of its customers, Bank tries its best to keep them happy with occasional offers and assured gifts; it can become a liability in case you do not continue fulfilling your duty of paying the dues on time.
Before you think of closing down your credit card account with HSBC bank, it is essential to consider the reason why are you closing it down.
In case of a financial crisis or any similar reason, it is better to clear off your dues by some means and then close down the account with HSBC bank as otherwise, it will reflect very evidently on your credit score.
It is crucial to maintain your credit score as otherwise, you may not be able to avail of any loan or credit services shortly in case of any emergency. Please go through the below given shared information pointwise essential to initiate the closure of the HSBC credit card.
- Points to note down and consider before deciding to close down your credit card account with HSBC bank
- Close HSBC credit card
- Close HSBC credit card India
- Close HSBC credit card Singapore
- Close HSBC credit card in UAE
- Close HSBC credit card online
- Close HSBC credit card Philippines
- Close an HSBC credit card account temporarily
- Essential precautions
- HSBC credit card cancellation customer care
- Pros and Cons
- Conclusion
- Frequently asked questions
Points to note down and consider before deciding to close down your credit card account with HSBC bank
- It is essential to make sure that you do not have any concurring bills which are usually transacted without intimating you. It can be a subscription to any service or can be your bills of various kinds.
- Sometimes for our convenience, we depend on automatic billing service so that we aren’t disturbed much. But before you close down your HSBC credit card, it is necessary to check on such subscriptions and stop them or shift them to any other credit or debit card you may possess.
- If the subscriptions are not stopped, and they repeat themselves during the process of cancellation of your card, it may delay the process or bring in more complications from the side of the HSBC bank.
- In case you wish to cancel the HSBC credit card, it is essential to redeem all the reward points and the offers which are stored for you.
- If you apply for cancellation of the HSBC credit card without redeeming the offers, they will get forfeited without being notified. In such cases, the Bank for their benefit does not intimate you of the pending unused offers in your to-be-canceled account. Therefore it is essential to use up all the rewards.
- If any outstanding dues are pending with the Bank, make sure you clear them off. Otherwise, your HSBC credit card will not be canceled, and the report of your non-payment of dues may affect your credit score, and also your credit card will be blocked by the Bank for inquiry as to why are you closing your HSBC credit card without paying off the outstanding dues.
- When you have decided to apply for the cancellation of the HSBC card, make sure that you do not do any transactions while the process is on from the side of the Bank.
- The statement will be prepared by the Bank when the process is on, and if you make any transaction, the statement will have to be made all over again leading to a delay in the process.
- You need to make sure that you check through the statement of transactions in detail. There may be some unseen charges implied by the Bank and you are unaware of the same.
- There is also a rare possibility of some fraudulent transaction that may have taken place from your account. In such cases, you must revert to the Bank and demand for the necessary action to be taken in case of fraud or give an appropriate response in case of non-notified charges.
- In case you have any additional cards which are attached to the primary card due to being canceled, it is important to clear off those dues too as the primary cardholder is held responsible for the outstanding dues on the primary HSBC credit card.
- If any debts are linked to your HSBC credit card, make sure that you unlink it otherwise the debit account will update the credit balance resulting in the reactivation of the HSBC credit card.
Close hsbc credit card
There are mainly three ways to close an HSBC credit card. By HSBC internet banking, using HSBC customer care services, or visiting the branch office of HSBC and giving one application.
HSBS customer care service is the most frequent way used by customers to initiate the closure of HSBC credit cards. Following essential steps, you have to adapt.
- Connect to the HSBC 24 X 7 toll-free number available in the web link- https://www.hsbc.co.in/help/contact/
- Keep ready your HSBC credit card number before connecting to the customer care number.
- An automated dialing system will instruct you on the procedure to close the credit card, you have to follow and complete the procedure. Be sure that nothing outstanding was there before initiating the closure procedure.
Close HSBC credit card India
Procedure or steps to close down the HSBC credit card
- You can use the available option of logging onto your HSBC account and applying for the cancellation of the credit card from your account itself. You can send a Bank Mail for which the option is available in your account.
- Once you decide to mail them, make sure you include the necessary details which are required to let the customer care representative know that you are going to cancel the particular credit card.
- Be careful and do not share any Pin code or extremely personal details for the same. It is a very convenient option. As the representatives are available all the time, you will be intimated with a reply very soon in which you will receive a reply from customer care about the further process for cancellation of your HSBC credit card.
- You can make use of the HSBC Phone Banking option. There will be a customer care number that will usually be provided behind the HSBC credit card or you will find it in the bank statements or any other documents which are shared with you by the Bank.
- When you call customer care representatives, they will assist you with the process of cancellation of the HSBC credit card.
- Be warned that they are trained to persuade you to stay by offering you amazing offers or benefits which you will not be able to resist. They may even clear off your annual charges on the credit card to make you stay.
- If you find that the offer that you are getting is worth it, stay and enjoy the additional benefits that you are receiving at no extra cost.
- You can go directly to the HSBC bank branch and submit a handwritten request letter stating that you wish to close down your credit card account.
- Once you apply you will be requested to provide the reason for the cancellation and once validated, the other details are checked to confirm that it is possible to cancel your HSBC credit card.
- Along with the application, you will be also requested to submit the HSBC credit card which should be cut diagonally into pieces across the magnetic strip so that it is damaged perfectly and cannot be used anymore. This has to be done once you submit your handwritten application for the closure of the HSBC credit card.
Close HSBC credit card Singapore
Valuable information related to HSBC credit card Singapore is available on FAQ web site https://www.hsbc.com.sg/help/faq/
A convenient way to close the HSBC credit card in Singapore is through customer care services. Numbers are given on the back of your HSBS credit card.
- A customer care system is a computerized automatic system answering and repeating questions for a fixed period.
- You require to keep the credit card number in your hand. As per instruction, you have to act,
- Finally, you have to provide a one-time password (OTP) received on your registered phone to finish the closure work.
- If there is any outstanding amount against the card, then there would be an unnecessary complication in the closure procedure. Be sure all the dues are already been cleared before the closure of credit card initiation.
Close HSBC credit card in UAE
Closure of an HSBC credit card in UAE requires you to fill out a form and deposit or send it by mail to the HSBS bank official. The form is available in the web page https://www.hsbc.ae/1/PA_ES_Content_Mgmt/content/uae_pws/pdf/en/download_center/account-closure-request.pdf
- First, let us check all there are no dues against the HSBC credit card.
- Contact the toll-free customer care number provided backside of your credit card.
- Choose the deactivation of card option.
- Fill out the above-mentioned form and post it by email provided in the facility mailbox of HSBC bank internet banking.
- Card closure information will come through your registered email.
Close HSBC credit card online
HSBS bank provides the facility of online closure of credit cards by internet banking. Internet banking web portal is accessible on the website https://www.hsbc.co.in/security/
Few simple steps one has to adopt for the closure of HSBS credit card online-
- Log in to the internet banking portal, and go to the credit card section.
- Scrolling the browser, choose the deactivation of the credit card.
- Recheck that there is no outstanding amount of money against the credit card.
- Fill out the closure of credit card form available online, and send an email to the Manager of customer care attaching the closure form requesting him or her to close the credit card number so and so.
- Re-check the closure of the credit card by demanding the Bank your current SIBIL report.
Close HSBC credit card Philippines
If you want to close the HSBC credit card issued in the Philippines, then the convenient way is first to request to close the credit card through customer care services, then by sending the application seeking to close the credit card. The address for the Philippines office of HSBS bank is –
HSBC Centre,3058 Fifth Avenue West, Bonifacio Global City, Taguig City, 1634, (+632) 8858-0000
However, you can initiate the closure of your HSBS credit card by using your online banking facility and the email facility available as a mailbox available inside the internet banking portal.
Close an HSBC credit card account temporarily
Sometimes due to a few personal reasons, we want to close the credit card temporarily. Temporarily deactivation of the card can quickly be done by using HSBS bank online banking facility.
You have to first log in to the internet banking of HSBC bank. Then after selecting the tab credit card, you have to select and click the deactivation tab. You can re-activate at your convenient time.
Essential precautions
- When there is any fraudulent transaction that you are intimated of from your credit card, report it to the HSBC bank as soon as possible.
- When you aren’t sure of bank charges implied upon you, ask for a statement of the expenses and transactions from your credit card. The HSBC bank is bound to provide you with the statement.
- When you forget to submit the cut credit card, make sure you call customer service and inform them so that they can assist you.
- When applying for cancellation of the card, if there is a false statement as a reason for the removal of the HSBC credit card which may hurt your reputation, demand necessary action from the Bank.
Essential precautions
- When there is any fraudulent transaction that you are intimated of from your credit card, report it to the HSBC bank as soon as possible.
- When you aren’t sure of bank charges implied upon you, ask for a statement of the expenses and transactions from your credit card. The HSBC bank is bound to provide you with the statement.
- When you forget to submit the cut credit card, make sure you call customer service and inform them so that they can assist you.
- When applying for cancellation of the card, if there is a false statement as a reason for the removal of the HSBC credit card which may hurt your reputation, demand necessary action from the Bank.
Pros and Cons
| Pros | Cons |
| HSBC credit card closer facility is simple and customer friendly. Customer care services are a more popular mode to initiate the closure application. However, you can do the closure of card work using online banking or by visiting the HSBC bank branch. Toll-free 24 x 7 customer services are available separately for different countries, e.g. India, UAE, Philippines, etc. HSBC bank officials are highly focused on their work; the bank’s work culture is fast and customer friendly. | It is mandatory to clear all the outstanding due before the closure application of the credit card. |
Conclusion
How to close the HSBC credit card? Make sure that you are aware of all the above points so that you do not have to be worried about the cancellation procedure of your HSBC credit card. Since this whole process involves money in it, you need to proceed with utmost care to avoid any violation of rules implied by the Bank on which you will have agreed when you sign the terms and conditions in the beginning. It can lead to excessive charges by the Bank on which you will not be allowed to have a say later. Be aware of every step and follow it with the utmost care.
