To close a credit card, you have two options:
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Send a Cancellation Request: You can send a cancellation request via mail or personally visit the bank’s office where the credit card was issued. If you choose to send the cancellation request via mail, make sure to obtain the cancellation form.
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Inactivate the Credit Card: If you decide not to use the credit card, there are consequences. If the bank does not find sufficient funds in your current account on the day of the debit, the amount will be charged and your current account will go into overdraft. When your current account balance remains in the negative, you will have to repay more money due to interest charges.
Understanding Pending Balance and Suspended Payment
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Pending Balance: A pending balance refers to a payment that is temporarily held by the payment service provider until the order is completed by the buyer. This payment is displayed as a "pending balance" for the seller.
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Suspended Payment: If the payment status is indicated as "suspended," it means that the authorization process is still ongoing, but the spot is reserved for you. The status will change to "rejected" if the payment does not go through.
Timeframe for Money Transfer on PayPal
Typically, incoming money transfers on PayPal are immediate. However, it takes approximately 48 business hours to transfer money from your PayPal account to your bank account.
Closing an Intesa San Paolo Credit Card
To close an Intesa San Paolo credit card, you can stop using it and send a cancellation request via fax to 011-0935279 or via email to [email protected]
Opening a NEXI Credit Card
To open a NEXI credit card, you can exercise your right to withdraw without any cost or reason by sending a registered letter with acknowledgment of receipt to the issuer at the following address: CartaSi S.p.A., Corso Sempione, 55, Milan, Italy.
Closing an Intesa San Paolo Superflash Card
To cancel a Superflash card, you need to go to the Intesa-Sanpaolo branch where the card was requested. There, you will need to sign and complete various forms. The bank employee will cut the Superflash card after asking you to return it.
Ceasing the Use of Bancoposta Plus Credit Card
To stop using the Bancoposta Plus credit card, simply call the toll-free number 800.00.33.22 at least two days before closing your account.
Cancelling a Findomestic Credit Card
To cancel your Findomestic credit card, you can contact them by phone or visit the nearest Customer Center to settle the outstanding amount.