How to reset payment method on a new Apple Account?

Hi niyo202,

welcome to this Apple (user-to-user) Community!

Re: "How to reset payment method on a new Apple Account? Would like to remove the payment method but seem it has to be reset as I have not been using this account for long. Any idea on how to reset an entire account?"

Sorry I haven't heard of any way to reset an entire Apple Account.

Eg: If you have an active subscription (iCloud, etc.) seems the payment method needs to be active too,:

ie: you would need to add a new payment method before you can remove the old one.

Else you may be able to choose "None" as your payment method:

See whether Apple Support's online article (link below) can help your remove the payment method:

Remove a payment method from your Apple Account - Apple Support

Eg: says:

Remove a payment method on your iPhone,

1. Open the Settings app.
2. Tap your name.
3. Tap Payment & Shipping.
4. Tap Edit, tap the red Delete button, then tap Remove.

If this doesn't work for you ... see that linked article above for much more info. and trouble-shooting tips

or

If you still need help: The User Tip below, comes from a respected community member:

If payment method can't be added or chang… - Apple Community

Eg: says:

" ... you can't choose None when you edit your Apple ID payment information

1. If you have an unpaid balance or payment due
2. If you have a subscription that automatically renews
3. If you're using the iTunes Store or App Store for the first time
4. If you are not in the country or region you’re creating an Apple ID for
5. If you changed your country or region
6. If you're a part of Family Sharing"

If needed: See what payment methods Apple can accept in your country or region:

Payment methods that you can use with your Apple Account - Apple Support

What to do: If your payment method is declined in the App Store or iTunes Store - Apple Support

or

If a message says 'billing problem with previous purchase' or 'verification required' - Apple Support