How to Cancel a Milestone Credit Card?

Milestone Credit cards are unsecured cards, where the user doesn’t have to have any security deposit against using the card issued by the lender. Which automatically puts this card under high interest rates radar. So some people eventually wonder how to cancel a milestone credit card, as they fail to afford the card rates. 

Prerequisites before cancelling milestone credit card

1. Have clarity on why are you cancelling your milestone credit card. Unplanned or haphazard cancellations will hurt your credit reports. 

2. Always clear your balance due amount before raising a cancellation request. Any balance due will put your cancellation request in pending queues and your card will still be charged with fees or interest rates on the due balance. Your Milestone account will only be closed after clearing all your credit-due amounts. Till then your account will be active, but you are not authorized to make any further purchases. 

3. Redeem your rewards if any, before cancelling your credit card. They might lapse once your Milestone credit card account is closed. 

How to cancel a milestone credit card? 

You can get in touch with a Customer representative at (800) 305-0330 and raise a milestone credit card termination request at the quickest. You will be thoroughly guided through the steps about how to cancel a milestone credit card. 

You might be offered discounts or cross offers as an alternative to your Milestone card cancellation. 

But then if you would like to opt for the traditional way of writing an application to close your milestone credit card, you may have to send the cancellation request application to the below address. 

Concora Credit, General Correspondence P.O. Box 4477 Beaverton, OR 97076-4477 

Note that, trying to cancel your credit card through your mailbox will delay your process. 

How to cancel a milestone credit card online YouTube Video

Is Milestone credit card’s annual fees refundable after cancellation? 

Yes, the Milestone annual fee is refundable only if the user has zero credit balance due with no transaction made before they raise a cancellation request. Refunding fees are completely explicit to the credit lender’s terms and conditions post-investigation. 

Can I cancel my Milestone credit card online? 

Unfortunately, you cannot cancel your Milestone credit card online. Milestone is one among the pool of few lenders who don’t allow raising credit card terminations requests through their online portal. They prefer their customers to get in touch with their live customer representatives for such requests. 

How do I cancel my milestone payment? 

Log in to your online account. 

Under the “Payments” tab, check for the payment instance you want to cancel. Not just any future scheduled payments but you can also cancel “in progress” payments here. 

Click on “Request Release” and select “Cancel” 

Select “Yes” on the confirmation prompt to finalize your action.