How to Cancel Nordstrom Credit Card: Step-by-Step Guide

Canceling a credit card can be a significant financial decision, and if you’ve decided to part ways with your Nordstrom credit card, it’s essential to do it correctly. This comprehensive guide will walk you through the process of canceling your Nordstrom credit card, explore the potential impacts on your credit score, and provide tips for verifying the cancellation.

Methods to Cancel Your Nordstrom Credit Card

There are two primary methods to cancel your Nordstrom credit card: by phone or by mail. Let’s explore each option in detail.

1. Canceling by Phone

The quickest and most direct method to cancel your Nordstrom credit card is by phone. Here’s how to do it:

1. Call Nordstrom customer support at 1-800-964-1800.
2. Have your account number and social security number ready, as you’ll need to provide this information when prompted.
3. Inform the representative that you wish to cancel your Nordstrom credit card.
4. Follow any additional instructions provided by the customer service representative.
5. You should receive an email confirming the cancellation.

2. Canceling by Mail

If you prefer a written approach, you can cancel your Nordstrom credit card by mail. Follow these steps:

1. Write a clear and concise notice stating your intention to cancel your Nordstrom credit card.
2. Include your credit card information in the notice.
3. Address the letter to:
   Nordstrom Card Services
P.O. Box 6555
Englewood, CO 80155
4. Send the letter via certified mail for proof of delivery.
5. Wait for about 15 days after sending the certified mail to allow for processing.
6. Follow up with a phone call to Nordstrom’s customer support at 1-800-964-1800 to confirm that your cancellation request has been received and processed.

Tips for Mailing Your Cancellation Request

• Use certified mail to ensure you have proof of delivery.
• Keep a copy of the cancellation letter for your records.
• Consider making a follow-up call 15 days after the initial confirmation to verify that the cancellation has been completed.

Important Considerations Before Canceling

Before you proceed with canceling your Nordstrom credit card, there are several factors you should consider:

Clear Existing Balances

Ensure that you have paid off any existing balances on your card. Canceling a card with an outstanding balance can negatively impact your credit score and may result in additional fees or penalties.

Destroy the Physical Card

Once you’ve confirmed the cancellation, make sure to destroy the physical card to prevent any unauthorized use.

Potential Impacts on Your Credit Score

Canceling a credit card can have various effects on your credit score. Here are some key points to consider:

1. Credit Utilization Ratio

Closing your Nordstrom credit card may increase your overall credit utilization ratio if you have balances on other cards. This ratio is a significant factor in your credit score calculation.

2. Average Age of Accounts

If your Nordstrom card is relatively new, closing it won’t significantly impact the average age of your accounts immediately. However, closing an older account can lower this average over time.

3. Credit Mix

Your credit mix may be affected by closing the account, although this impact is usually minor unless you have very few credit accounts.

4. Temporary Credit Score Fluctuation

You may experience a temporary dip in your credit score after closing the account, especially if the Nordstrom card had a significant credit limit.

5. Long-Term Effects

The long-term effects of closing a relatively new account are generally less significant compared to closing an older, well-established account.

Verifying the Cancellation

After you’ve initiated the cancellation process, it’s crucial to verify that your account has been closed properly. Here’s how you can do that:

1. Contact Customer Service

Call Nordstrom Card Services at 888.478.6390 to confirm that your account is closed and there are no outstanding balances or pending charges.

2. Request Written Confirmation

Send a certified letter to Nordstrom Card Services (PO Box 100135, Columbia, SC 29202-3135) requesting written confirmation of the account closure.

3. Follow-Up Calls

Make follow-up calls every 15 days to ensure your request has been processed and there are no remaining issues with your account.

4. Check Your Credit Report

After a reasonable amount of time, review your credit report to confirm that the account is listed as closed and there are no outstanding balances.

Conclusion

Canceling your Nordstrom credit card is a straightforward process, but it requires attention to detail and follow-up to ensure it’s done correctly. By following this guide, you can cancel your card efficiently and minimize any potential negative impacts on your credit score. Remember to consider the implications carefully before making your decision, and always prioritize maintaining a healthy credit profile.