If you decide to close very account, you need to take care of any checks or pending transactions that are in the pipeline. You may also need to deal with a negative balance or fees if you have one. Closing credit cards can hurt your credit score, but closing standard deposit accounts usually doesn’t.

To close your Very account, you’ll need to speak to a member of the customer services team. To do this click on ’start chat’ and then tell the representative you would like to cancel your account. The rep will then ask a few questions and your Very account with be closed.

How to Close a Very Account

You can also contact Very on the phone and they will close your account for you. However, before you do this, make sure that your account balance is at zero and that all rewards are redeemed. You may be offered vouchers to stay as a customer but if you are certain you want to cancel, just inform them of this and they will do it.

Credit card issuers agree to advance your money, and in return, you promise to pay back the full amount. If you don’t pay the balances in full each month, it’s not uncommon for a card to be closed.

To avoid a major hit to your credit scores, make sure you clear up any balances before calling to cancel your account. It’s also a good idea to check your credit report to ensure that any inaccurate information has been corrected.