The Termination Of Credit Card Letter is a crucial document used when an individual or business wishes to formally end their credit card agreement with a financial institution in the United States. This document is necessary to create a paper trail of the cancellation request, protect the cardholder's rights, and ensure proper account closure. It typically includes the cardholder's personal information, credit card account details, explicit termination request, and handling of outstanding matters such as balance payments or automatic charges. The letter must align with U.S. federal regulations including the Truth in Lending Act and the Credit CARD Act of 2009, making it a legally significant document in consumer credit relationships. It's particularly important for preventing future disputes and ensuring the account closure is properly reported to credit bureaus.

1. Sender Information: Full name, address, and contact information of the cardholder

2. Date: Current date of the letter

3. Recipient Information: Credit card company's name, department (if applicable), and address

4. Account Details: Credit card account number (partially masked for security), cardholder name as it appears on the card

5. Explicit Termination Request: Clear statement requesting immediate termination of the credit card account

6. Balance Statement: Acknowledgment of any remaining balance and commitment to pay

7. Card Destruction Confirmation: Statement confirming physical destruction of the credit card

8. Signature Block: Space for signature, printed name, and date