How Do You Cancel A Credit Card Payment?
• Go to your banking institution. Check in at the customer service counter. Inform the customer service agent that you need to place a stop check on the credit card payment you made. • Ask the customer service agent how much this service costs. Most banks charge a fee to put a stop check into effect. • Compare the late fee amount you charged by your credit card company, with the amount your bank charges for this service. If your bank charges more for this transaction, you might want to reconsider canceling the payment; if however, the bank charges less than the late fee on your credit card you may want to allow it to go through. Most banks allow you to do this one time free of charge, after that they will charge you for this type of transaction. Tell the customer service agent which check you want to cancel. Have the name of the credit card and the check number you want to cancel. Also, inform them of the date you mailed the check as well as the date the transaction was set to clear. •