Chip Lupo, Credit Card Writer
@CLoop
To cancel a TD Bank credit card, call customer service at 1 (888) 561-8861 and ask a customer service rep to cancel your card account. Cardholders can also cancel an account in person at a TD Bank branch, or by mail.
Be aware that if there’s a balance remaining on the canceled account, you will still need to make at least the minimum payment every month until the balance is paid in full. In addition, canceling your credit card will forfeit any unused cash back or points if you don’t redeem them within 60 days after you cancel the card. You will also need to update the payment method for any recurring charges linked to your TD Bank card.
How to Cancel a TD Bank Credit Card
By phone
Call customer service at 1 (888) 561-8861. Then, follow the prompts to speak to a customer service representative, and let them know you want to cancel. The representative may offer you a retention bonus to keep you on as a customer, but you can simply decline the offer and proceed with canceling the account.
In person
Click the branch locator tool link on the TD Bank website for a list of TD Bank branch locations. Enter your address or ZIP code to find a branch in your area.
By mail
Send your written request to cancel the card to:
TD Bank
P.O. Box 84037
Columbus, GA 31908-4037
It’s important to know that when you cancel your TD Bank card, you may see a decrease in your credit score, depending on the card’s credit limit and how long you’ve had the card. You can get an idea of how much a canceled credit card will affect your credit score by using WalletHub’s free credit score simulator.
People also ask
Is it better to cancel unused credit cards or keep them?
It is better to keep unused credit cards open than to cancel them because even unused credit cards with a $0 balance will still report positive information to the credit bureaus each month. It is especially worthwhile to keep an unused credit card open when the account does not have an annual fee.
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read full answerIs closing a credit card with zero balance a good idea?
Closing a credit card with zero balance is not a good idea if that card has no annual fee. Any credit card you manage responsibly, even an unused one, reflects positively on your credit history. So closing such a card will have a negative impact on your credit standing. But it can be worth it if your card is costly or if you’re worried about falling victim to fraud while you’re not keeping a close eye on it.
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Closing a credit card with a balance is possible, and it can be beneficial when a credit card company changes your account’s terms for the worse, such as raising the annual fee or APR. It can also be a good idea to remove the credit card itself from the situation if you want to pay off the existing balance without the temptation to spend more. Closing a credit card doesn’t cancel the balance owed, nor...
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