You can cancel your Capital One Platinum application by calling customer service at (800) 227-4825. Note that you may have very little time to cancel an online application before it processes. If you submitted an application by mail, you may have up to 10 business days to call customer service and cancel the application.
If you're unable to cancel your Capital One Platinum credit card application, you can always close the account as soon as you receive the card. However, your credit score will still take a slight hit from the hard pull on your account when you applied.
You can cancel a Capital One credit card either online or by calling the number you see on the back of your card. To cancel a Capital One card online, click “I Want To…” (near the top of the page when you sign in), then select “Close Account” from the account services menu. Over the phone, a Capital One representative will walk you through the process.... read full answer
Here’s how to cancel a Capital One credit card:
Online: Log in to your Capital One account. Click on “More Account Services” and then “Close Account.” Capital One will ask you to confirm that you want to cancel your account.
By phone: Call Capital One at the number you see on the back of your card. Enter your full card number to be connected to a representative. Tell them you want to cancel your Capital One credit card.
If you call to cancel your Capital One credit card, the representative will likely try to get you to stay. They may even try to lure you back in you with a retention offer, like bonus rewards or a lower rate. Capital One also says that once you cancel a credit card account, there are “very few exceptions” where they can reopen it.
Things to know before you cancel a Capital One credit card:
Before you cancel a Capital One credit card, there are a few things you should know. You’ll still be responsible for repaying any balance you owe. You will continue to get statements and owe monthly payments until the entire balance is paid off. You’ll also lose any rewards you haven’t redeemed when you close your account. Canceling your card will likely cause a dip in your credit score, too, though exactly how much depends on the age and credit limit of the account.
Plus, you’re not going to get a partial refund for a card’s annual fee. So, it’s best to enjoy the benefits until shortly before your next annual fee is due to be charged.
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