Many people apply for credit cards and activate them, but never use them, thinking that this will not have any bad impact on them. So is this really the case? Let’s take a look at the consequences of not using your credit card again after it is activated.

What will happen if the credit card is not used after activation?

If the credit card is not used after activation, although there will be no annual fee, it will reduce the bank's evaluation of users. There are certain costs involved in creating and sending credit cards. If users do not use the card bank, they cannot recoup the costs. Of course, banks will lower their evaluation of such users. Therefore, users who do not need a credit card are best not to apply.

Furthermore, even if the credit card account is closed at some banks, subsequent applications cannot enjoy new user benefits. In this way, users will lose a lot of discounts and benefits when they apply for a new card.

Consequences of not using a credit card after it is activated

1. Annual fees: Except for the exemption of credit card annual fees within some specified periods, others need to be paid according to regulations. There is an annual fee for a credit card, but users can waive the annual fee by swiping the credit card the number of times;

2. Impact on credit reporting: If an annual credit card fee is incurred after the credit card is activated, and the cardholder fails to repay on time , then it will lead to overdue, and the impact of overdue is very bad;

3. Impact on credit limit: Many customers have relatively low credit card limits and do not use them frequently after activation. Then the bank will think that the customer does not need the credit card. Card, the limit will naturally not be increased;

4. The status of the card will be abnormal: some banks will monitor credit cards that have not been used for a long time. After a certain period of time, transactions may be restricted.

It can be seen that applying for and activating a credit card but not using it will still have a certain impact on you, so if you have a credit card that you do not use, it is better to cancel it.