The short answer
Cancel in writing, citing the cancellation clause in your agreement, send it by a method that produces proof of delivery, retain written confirmation, close the final batch before the cutover, and check the following two bank statements for residual fees. Simply ceasing to process leaves monthly fees running.
Check the auto-renewal window first
Many agreements auto-renew annually unless cancelled 30 to 60 days before the anniversary. Missing that window can extend the term by a full year with damages attached.
Watch for the trailing month
Some providers bill a final month regardless, and a few keep debiting until challenged. Two months of bank statement checks after cancellation is the minimum diligence.
Key takeaways
- Cancel in writing with proof of delivery
- Find and respect the auto-renewal window
- Check two subsequent bank statements for residual debits
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