Will the application for non-activation of the credit card affect

Consequences of non-activation of the credit card:

1. Annual fee

Normally, if the credit card is not activated, there is no annual fee;

But many platinum cards are not like this. Even if you don't activate them, you still have to pay an annual fee.

For users of Puka and Gold Card, it is best to call the bank to confirm whether there will be annual fees or other fees if they are not activated.

2. Impact on personal credit

As long as you apply for a credit card, there will be an application record in your personal credit report, while the credit report of inactive users will show that they have not opened the card, which will be more serious than overdue.

3. It will affect the second card application

If your card application is not activated after the first time, the second time you apply for a credit card from the same bank, you will probably be rejected.

credit card application

in most cases, citizens with full capacity for civil conduct (citizens over 18 years old in Chinese mainland) and a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.

people who apply for credit cards can be divided into units and individuals. The applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal personality within the territory of China. Each unit can get a main card and several (5-1) supplementary cards when applying for a credit card. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.

what are the consequences if the credit card is not activated?

it will have an impact. The annual fee and personal credit will be affected.

If you really don't want some credit cards, it's very simple. Call the bank's credit card hotline and cancel this card. Remember to cut off the card after cancellation to prevent theft.

you must apply for a credit card according to your own needs. don't blindly apply for a credit card because of the inducement of salesmen or the temptation of some intermediaries. when applying for a credit card, you must choose a bank outlet or a third-party institution with official authorization from the bank.

First, the annual fee is charged

Under normal circumstances, the bank that has not activated the Golden Card will not charge the annual fee, but the Platinum Card will receive the annual fee of the credit card no matter whether you activate the credit card or not. Therefore, don't take it for granted that there will be no annual fee for applying for credit card deactivation. Moreover, although most banks stipulate that inactive credit cards do not charge an annual fee in the first year, they will charge an annual fee in the second year. The expenses incurred by the inactive credit card will be included in the cardholder's account in the form of credit card arrears. If the credit card is not repaid on time, it will generate high interest and liquidated damages, and it will also affect personal credit information.

2. Personal credit is affected

After you apply to the bank for a credit card, the bank will check your personal credit information, and this record will be kept in your credit information system. If you apply for a credit card too much without using the record, the bank will think that you are suspected of malicious card application. Moreover, the total number of cards you hold and the total amount of credit will change. When you really need a credit card, it is easy to be rejected by the bank.

whether the credit card application is activated or not will be recorded in the personal credit information center of the central bank. If there are too many credit cards in your account, the bank will consider your debt ratio and repayment ability the next time you apply for a card, which will affect whether the bank approves your credit card application and the credit card quota. Moreover, if you apply for a credit card from the same bank, then the bank is likely to reject your application. Therefore, if the credit card you applied for is not activated, it will affect the future card opening.

Third, information leakage

If someone with ulterior motives appears around you, it is very likely that he will activate it under an assumed name after knowing your personal identity information, because the activation of credit cards is very simple now. Just know your ID number and hold your mobile phone for one minute.

What will happen if the credit card is not activated?

If the credit card is not activated, it will have the following adverse effects:

1. Inactive credit cards may also generate annual fees.

Although the CBRC stipulates that the bank may not charge the cardholder an annual fee if the credit card is not activated, this is only for ordinary credit cards. If the cardholder handles a high-level credit card or a customized card, such credit cards will generate an annual fee even if the cardholder does not activate the credit card, due to the high cost of card making.

if the cardholder does not pay attention, it may be overdue due to the annual fee. Once the credit card is overdue, it will not only generate overdue interest, but also adversely affect personal credit. Affect the cardholder to apply for a credit card again.

when a customer applies to the bank for a credit card, the bank will refer to the applicant's current credit card information, and the inactive credit card will also account for the credit line. If the applicant currently holds more credit cards and the total credit line is higher, the current debt ratio will be higher, which may affect the later application for a credit card.

3. Inactive credit cards will also be reflected in the personal credit report, which will record all our credit cards, including inactive credit cards. If there are many inactive credit cards in the personal credit report, the bank may think that the applicant does not really need to apply for a card when applying for a credit card again, which will lead to the rejection of the user's card application.

does it matter if the credit card is not activated?

Generally speaking, if the credit card is not activated, it will not affect personal credit. However, if the credit card is a high-end card or a customized card, even if it is not activated, it may generate an annual fee. If you don't pay attention, it may be overdue due to the annual fee, thus affecting personal credit.

Inactivation of the credit card will mainly have the following effects:

1. Annual fee: Before the cardholder activates the credit card, the bank is not allowed to charge the cardholder the annual fee. However, for some platinum cards with higher bank level, the annual fee may be charged even if they are not activated, so if the user handles the platinum card, the annual fee of the credit card will also be paid if they are not activated. If the cardholder leaves the credit card at will, it is very likely that overdue behavior will occur due to the annual fee of the credit card.

2. There is a hidden danger of swiping the inactive credit card. If the credit card holder does not activate the credit card, criminals may use the Internet to purchase personal information, forge identity cards, and activate the credit card by taking advantage of loopholes in bank customer service, thus stealing the credit card and causing economic losses to the cardholder;

3. handling the card again causes rejection. If a user applies for a credit card from a bank, but it is not activated for a long time, and then applies for a credit card from the same bank, then the bank will find the information that the user has applied for a credit card that is not activated, and the bank may think that the user does not particularly need a credit card, thus rejecting the user's application.

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Let's stop here for the introduction of what will happen if the credit card is not activated.