How do I cancel my Home Depot Credit Card? This question is about the Home Depot® Credit Card

How do I cancel my Home Depot Credit Card?

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This question is about the Home Depot® Credit Card

Bogdan Roberts, Credit Cards Moderator

@bogdan_roberts • 03/17/23 This answer was first published on 04/30/21 and it was last updated on 03/17/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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To cancel your Home Depot® Credit Card, call (800) 677-0232 and enter your account information. When prompted to state the reason for your call, simply say “Close Account” and wait to be connected to a representative. In some cases, your account can be closed immediately through the automated system. At the moment, there is no way to close your Home Depot® Credit Card online.

Keep in mind that canceling a credit card can hurt your credit score, because of the decrease of your overall available credit. Since the Home Depot® Credit Card has a $0 annual fee, it might be better for you to keep it open without a balance.

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Does closing credit cards hurt your credit score?

Yes, closing credit cards can hurt your credit score in the short term, depending on how old the accounts are and how much other credit you have. But canceling a credit card account might also benefit your credit score in the long run if you manage the rest of your finances better as a result of having one fewer account to worry about.

You can estimate the effect of canceling a credit card on...

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How do I cancel a credit card transaction?

To cancel a credit card transaction, contact either the merchant on the other side of the transaction or the credit card company. Which you should contact first depends on whether or not you think the transaction is fraudulent.

When You Think the Transaction Is Fraudulent:

If you want to cancel a credit card transaction because you think it is fraudulent, the first thing you should do is search online for the name of...

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What happens if you cancel a credit card with a balance?

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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