Cancel Credit Account Sample Clauses

Cancel Credit Account. Please note: • If there is a balance owing on the account, you will still receive a monthly statement and will need to continue to make the monthly payments until the account is paid in full. • Once a credit account is closed, it cannot be reopened. You will need to apply for a new credit product if you want access to a credit product after closing the current account(s). • When a credit card is closed, all available cash back and reward points are forfeited. Please ensure you have redeemed your c ash back and reward points prior to closing any rewards credit cards. • If you close and payoff a Home Equity Line of Credit, you will be required to pay a reconveyance recording fee in order to remove BECU’s lien on the property. The amount of the reconveyance fee will be listed in the payoff quote. • Lines of Credit may function as NSF protection for a linked checking account. If you close a Line of Credit, you will still have the option to link a Savings or Money Market account to the checking account for the purpose of avoiding NSF fees. Indicate type of account to close. ☐ Home Equity Line of Credit Indicate reason for closure. ☐ Competitor rates ☐ Consolidate BECU accounts ☐ Convenience ☐ Deceased ☐ Fees ☐ Relocating / Moving ☐ Fraud ☐ Products and services selection ☐ Other (please specify): Indicate account number. ACCOUNT NUMBER(S) CLOSURE DATE (max. 1 week out)
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Related to Cancel Credit Account

  • CONCENTRATIONS OF CREDIT (1) Within sixty (60) days, the Board shall adopt, implement, and thereafter ensure Bank adherence to a written asset diversification program consistent with OCC Banking Circular 255. The program shall include, but not necessarily be limited to, the following:

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