How do I cancel my Indigo Credit Card?

For cancelling your MyIndigoCard, you’re required to-

Call your card issuer at 866-946-9545.
Share your basic details such as name, DOB, and Social Security Number.
State them that you wish to cancel your credit card along with a reason.
Follow the process they ask you to follow and wait.
Once they process it, you have to wait for another 24-48 hours and you will receive a confirmation on your email address.

Factors to Consider before you cancel Indigo Credit Card

There are multiple factors that one must consider before they cancel their credit card. Here are some of the factors that you must go through-

Clear off your credit card balance- It is crucial and recommended that before you cancel your credit card, you must clear the credit card balance that you still owe. It might be the case that you may be allowed to close your credit card without clearing off the balance, however, if you clear off at the time of closure, it will be beneficial for you.
Check on your subscriptions and recurring payments- You might have used your credit card at a place where it may automatically deduct money every month or so for a subscription or a service purchased by you. If you have done that, please ensure you update the details from all those accounts as after getting your card canceled, your credit card will not approve any of these payments.
Contact the customer care- Even if you think you have paid all the dues left and there’s nothing left to do now, you must call your bank once and cross-check it with the representative. Ensure that you do not have any balance left with the account. Once the representative confirms that there’s no balance left for you to pay or an offer to redeem, you are good to go with the final confirmation for canceling your credit card.
Ask for an official statement- Although once the formalities are done, you will be getting the official statement from the bank itself about getting your credit card canceled. However, if you have still not received such from the bank, feel free to ask the representative to share the official note to confirm that the credit card is canceled. You are likely to receive it at your email address. It will work as the note will confirm that the closure of your credit card is not a glitch and has been done by your will.
Check your credit report- Do not hurry. Even though we have mentioned this factor to consider, it does not mean that you check it just after getting your credit card canceled. You must wait for a month or more and then demand a credit report and check the reason against your credit card closure. It should be written as “closed at consumer’s request” and not anything except this. If you find any other reason stated for the same, do contact the issuer of your credit card and enquire about the same. Any other reason may impact your credit score in a negative form.
Thrash your card- Since you have already canceled the credit card, you no longer require that. Although the card will become useless, to add an extra layer of protection, you must dispose of it or destroy it so that nobody can consider trying the card including you.

FAQ-

Will my credit score will be affected if I cancel my credit card?

Yes, your credit report will have an impact if you cancel your credit card surely. However, if you clear off the dues and proceed to cancel, the impact will not be massive.

Can I close my credit card with the balance?

No, even if you close your credit card with the balance in it, you will be charged interest on it and ultimately you will have to pay an amount that will be much more than what you had to pay. It will also impact your credit report. Thus, it is recommended to clear your dues first.