Oumar Malik
Oumar Malik
Chief Financial Officer
Oumar Malik is the Chief Financial Officer of iNewkhusi.com, a top financial platform offering banking, loans, credit cards, and insurance. With deep financial expertise, Oumar is key in developing strategies for growth and effective management of financial products and services. Based in Al Hamriya, Dubai, Oumar provides valuable insights and innovative solutions to help individuals and businesses manage their finances.
How to Cancel FAB Credit Card: If you have a First Abu Dhabi Bank credit card and you want to cancel your credit card but you do not know how to cancel this credit card, I will tell you this information in simple words. It is easy to cancel a FAB credit card, but before that you should also think about why you want to cancel your credit card and what other effects can be there on closing this card.
Here you must think once about what charges and reports are received on closing the card and only after that you should take the decision of closing the card.
Canceling a FAB Bank credit card is just as easy as activating the card but it requires attention and time to do.
In this post, we have provided you a step-by-step guide on the simple steps to cancel a FAB credit card. So stay with us till the end.
How to Cancel FAB Credit Card – Points
If you want to cancel FAB Credit Card, you need to follow the following steps:
1. Evaluate the ambition: You need to consider its implications, such as the reason for canceling the card and other effects it may have.
2. Clear charges and bills: Clear all dues and bills. For example, if there is any pending charges, clear it.
3. Review Terms and Conditions: Read and understand the terms and conditions of FAB Credit Card carefully.
4. Review rewards and benefits: Understand the rewards and benefits, if any, and avail or withdraw them.
5. Contact FAB Bank Customer Support Phone Number: You need to request for cancellation of the card by contacting FAB Bank customer support.
6. Destroy your credit card: After you’ve expired a credit card, destroy it safely.
These steps will help you cancel your FAB credit card safely and simply.
How to Cancel FAB Credit Card – 6 Method Guide
Here I have told you 6 methods using which you can cancel FAB Credit Card. To cancel this credit card, any one of the methods given below can be adopted, which is as follows:
Method # 1: Assess the Implications
The first crucial step is to carefully consider the consequences and your financial situation before proceeding. It’s prudent to weigh the impact of canceling your card against the potential inconvenience it might cause.
Canceling your card could significantly affect your daily life, restricting your ability to make purchases and handle other important transactions. Therefore, it’s essential to thoroughly evaluate why you intend to cancel the card and assess its broader implications.
If you can use this method then you will be able to take the right decision regarding canceling your card.
Method # 2: Settling the Balance and Bills
The second crucial step is to ensure all outstanding bills and balances on the card are settled. For instance, if you have pending bills that haven’t been deducted from your account yet, wait until they are deducted. Once these payments are processed, you can proceed with canceling the card.
Method # 3: Reviewing the Terms and Conditions
It’s essential to carefully review the terms and conditions of your FAB bank card. Many people overlook this step and may regret it later due to missed rewards or other benefits. Therefore, before canceling the card, thoroughly examine the terms, policies, and any associated conditions.
Method # 4: Reviewing Rewards and Benefits
The fourth step involves evaluating the rewards and benefits offered by your card. FAB Bank consistently provides various benefits, including rewards, to enhance customer satisfaction. Assessing these rewards allows you to maximize their utility before deciding to close or cancel the card.
Method # 5: Contacting the FAB Bank Customer Service
The fifth step involves contacting the FAB bank customer service. You can find the phone number on the back of your credit card or visit the official website of FAB bank. Once you locate the number, give them a call.
When you call, you’ll encounter multiple options. Choose the appropriate extension to speak with customer support. Explain your situation regarding the cancellation of the card. They will request certain details such as your ID number and name, and then record your request.
After recording your request, they will provide you with guidance on the cancellation process. Follow their instructions, and your card will be cancelled within the timeframe specified by the customer support representative.
Method # 6: Disposing of Your Credit Card
Finally, it’s important to safely dispose of your credit card. This helps prevent any potential fraudulent activities in case your card is lost or stolen.
Please Note : No Liability Certificate
After reviewing all the rewards, benefits, and implications, you can request a No Liability Certificate from FAB bank. This certificate serves various purposes, such as assisting you in obtaining a credit card in the future if necessary. It also confirms that your bank statements are clear of any pending dues or bills, which can be useful for future financial transactions.
Frequently Asked Questions
1. How much time does it take to cancel my FAB credit card?
Once you request cancellation of your credit card, it typically takes 1-3 weeks to process.
2. May I close my FAB credit card with annual fees on it?
No, it is not advisable to close your FAB credit card if it has annual fees. Doing so may have implications for your bank statements in the future.
Final Words – Canceling the FAB Credit Card
You can easily cancel your FAB credit card by following the simple steps outlined above. However, ensure there are no pending fees or rewards before initiating the cancellation process. Remember, FAB Bank prioritizes customer satisfaction, but it’s crucial to adhere to their recommended procedures to avoid any potential issues with your bank or credit card. Always familiarize yourself with the terms and conditions before making decisions regarding your FAB card.