How to Close Target Credit Card
Target is a popular retail store that offers its customers a store credit card. While the Target credit card can be a convenient way to shop and earn rewards, there may come a time when you decide to close your account. Whether you’re looking to reduce your number of credit cards or simply want to switch to a different provider, closing your Target credit card is a straightforward process. In this article, we will guide you through the steps of closing your Target credit card and answer some frequently asked questions.
Step 1: Pay off your balance
Before closing your Target credit card, it’s important to ensure that you have paid off any outstanding balance on the card. You can do this by logging into your Target account online or calling the customer service number on the back of your card. Once you have settled your balance, you can proceed with the closure process.
Step 2: Contact Target customer service
To close your Target credit card, you will need to contact Target customer service. You can do this by calling the number on the back of your card or by visiting a Target store and speaking with a representative. Inform them of your intent to close your credit card account and follow their instructions. They may ask you to provide certain details to verify your identity, such as your account number and personal information.
Step 3: Follow up in writing
To ensure that your request to close your Target credit card is processed correctly, it is recommended to follow up with a written confirmation. You can send a letter to Target’s customer service department stating your intention to close your account and include your account number, full name, and contact information. This will serve as an additional layer of protection and provide a record of your request.
Q1: Can I close my Target credit card online?
A1: No, you cannot close your Target credit card online. To close your account, you will need to contact Target customer service either by phone or in person.
Q2: Will closing my Target credit card affect my credit score?
A2: Closing a credit card can have an impact on your credit score. It may cause a slight decrease in your credit score, especially if the card had a high available credit limit. However, the impact is usually temporary and should not significantly affect your credit in the long term.
Q3: What should I do with my unused Target credit card after closing the account?
A3: Once your Target credit card account is closed, it is recommended to destroy the physical card to prevent any potential misuse. You can cut it into several pieces or shred it to ensure that the card cannot be used again.
Q4: Will closing my Target credit card affect my Target REDcard?
A4: Closing your Target credit card will not affect your Target REDcard. The REDcard is a separate program that offers additional benefits, such as an extended return period and free shipping on Target.com purchases.
Q5: Can I reopen my Target credit card after closing it?
A5: Yes, it is possible to reopen a closed Target credit card account. However, you will need to contact Target customer service and go through the application process again, which may include a credit check.
In conclusion, closing your Target credit card is a simple process that involves paying off your balance, contacting Target customer service, and following up with a written confirmation. Remember to take the necessary steps to protect your personal information and ensure the card is properly disposed of after closure. If you have any further questions or concerns, reach out to Target’s customer service for assistance.