Amazon Pay Later is a commonly used payment method across the globe, which ensures convenience for customers. It allows you to shop at Amazon and pay later for the purchase, even without a credit card. It is pretty easy to track your expenses and choose flexible repayment options. Many people use this service to manage costs. However, what should be done after settling all the installments? Do not worry, you can easily close your account through a simple and quick process. In this guide, we will explore how to close Amazon Pay later in a few simple steps. Continue reading to understand everything about it.
What is an Amazon Pay Later Account?
Amazon Pay Later is a payment service that enables users to buy any product and pay later or in installments. This facilitates customer purchases by enabling users to make their purchases now with zero down payment. To avail the service of Amazon Pay Later, you have to agree to some terms and conditions. You must be aged above 21, have a good credit history, and submit documents like a PAN card and other government documents. This service helps users manage their payments more efficiently while shopping on Amazon.
However, what’s next after availing the service? How to close Amazon Pay later?
Things to Consider before Finding ‘How to Close Amazon Pay Later’
Some of the things that you should consider before finding ‘how to close Amazon Pay later’ include:
Clear all dues: Make sure that you have cleared all the payments and installments before closing the account.
NOC: After closing the account with zero balance, ask for a No Objection Certificate (NOC) from the lending firm. If it is not received within 2-3 weeks, ask for it again.
Credit Score Decline: Closing the account may lead to a short-term decline in the credit score. However, no need to worry, it will be for a temporary period.
Active status on CIBIL: If your Amazon Pay Later account is still showing an ‘active’ sign, you should not worry, as it may take two months to show a ‘closed’ status.
Close account with CIBIL: Your account will be labelled as ‘inactive’ on your CIBIL report for some years, even after cloning. It is to inform the prospective lenders that you have used the credit already.
No issue leaving it open: It is not mandatory to close your Amazon Pay Later account even if it is no longer in use. It maintains a healthy balance of credit accounts, which is healthy for your credit record.
First credit line: If your first credit line is Amazon Pay Later, then you should leave it active. A more extended credit record strengthens your credit scores, which helps in availing loans or credit cards in the future.
How to Close Amazon Pay Later Account?
You must be curious to know whether closing the account needs any fees while searching for ‘how to close Amazon Pay Later account?’ The Amazon Pay Later account does not charge any fee to close the account, but you should pay off the amount before closing it. Follow these steps to close the account:
- Download the ‘Amazon’ App from the Google Play Store or Apple App Store
- Install the app on your mobile or PC
- Open the app and search for ‘Customer Care Number’ in the search bar
- Hit the Amazon Customer Service option
- Scroll down slowly and tap on ‘Talk to Us’
- Scroll down and tap on ‘Amazon Pay UPI, EMI, Gift Cards, etc.
- Tap on Amazon Pay Later in the third option
- Scroll down and click on ‘I want to close my Amazon Pay Later Account’
- Choose your reason to close the account
- Press on ‘Close APL account’
- Tick the terms and conditions and choose a reason to close the account
- Hit the submit button
- The account will be closed within 10-15 working days
By following the above-discussed steps, you can get the answer to ‘how to close Amazon Pay Later account’.
How to Close Amazon Pay Later Account After Death?
To safeguard your details, Amazon needs confirmation from the individual in charge of the estate. This requires a death certificate, proper verification, valid identification, and the email address of the account. For further help, users or their family members can connect to their support team at [email protected]. This is how to close Amazon pay later account after a death.
Key Features of Amazon Pay Later Account
Amazon Pay Later is an online credit option through which you can shop at Amazon and pay later. It provides several key features like:
Instant credit: Receive instant approval on a credit limit
No credit card required: No need to input credit card details
No extra fees: No processing, cancellation, or pre-closure fees
Easy payment plans: Choose an option that suits your needs
Spend tracking: Monitor spending and payments made on the EMI dashboard
Convenient checkout: Pay at checkout with Amazon Pay Later
What do you need to avail of Amazon Pay Later?
- You must be 21 years or above
- Have an Amazon account with a legit mobile number
- Have a legit PAN card
- Have a bank account with one of the listed banks
Submit any of the following residential proofs:
- Driving license
- Voted ID card
- Aadhar
- Utility bills
- Passport
How to Close Amazon Pay Later Account by Connecting with Customer Care?
You can contact the customer support service through a toll-free number and official email address:
- Phone: 1800-1200-1571
- Email: [email protected]
To get general customer support, you should call 1800-1200-1637
The lending partner support can be availed through:
- Axio: 080-68075001 or [email protected]
- IDFC First Bank: 1800-10-888 or [email protected]
To report unauthorized transactions, you can:
Call 1800-1200-1637
You can raise a ticket to a cybercrime complaint online at cybercrime,gov,in
Dial the National Cyber Crime Reporting Portal helpline number- 1930
This is how to close Amazon Pay Later account by connecting with customer support services.
Final Thoughts
Amazon Pay Later features a flexible and easy way to shop, wherein you can purchase now and pay later without even a credit card. It is ideal for controlling expenses. If you complete all the transactions, closing the account is quite easy and free. Now that you know how to close Amazon Pay Later account, you should keep in mind that it may take 10-15 days. However, even if you do not close it, it will be a convenient shopping and budgeting tool.
FAQs
Which Banks Partner with Amazon Pay Later?
Amazon Finance India Private Limited leads Amazon, and it collaborates with third-party lending partners like Axio and IDFC First Bank.
What Happens if You Miss a Payment?
If you miss a payment, you may have to pay a late fee to Axio, and it may block your credit facility.
How to Close Amazon Pay Later Account?
You can close your account by downloading the app, installing it, finding the customer care number, and giving the reason for closure.
How Amazon Pay Later Impacts CIBIL Score?
Timely pay off of the dues can help in improving the credit score. However, defaults or delays in repayments could negatively impact your credit score. As a result, you may end up with a negative entry on your CIBIL report.
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