Whether you have an old credit card that you forgot you had or you have a card with a high annual fee, there may be times when you need to close a card. If you're wondering how to cancel a credit card, it's easier than you may think. But closing a card can affect your credit, so it's important to understand the impact before moving forward. How to cancel a credit card in 7 steps Whatever your reasons may be, closing a credit card is surprisingly easy. You can close or cancel a card in just seven steps. ...