No. Credit cards cannot be used on the same day they are applied for. It takes time to apply for a credit card. After the applicant submits the credit card application, it must be reviewed by the bank and the personal information submitted by the applicant will be approved before the card is issued and the specific credit limit is notified, which usually takes ten working days.

In addition, after passing the review, it will also take a certain amount of time to produce the card. Therefore, the credit card cannot be used on the same day.

Will there be fees for unused credit cards?

Yes. Credit cards have annual fees and if they are not used, they will not be eligible for an annual fee reduction, which will require users to pay the annual fee in cash. There are also some high-end credit cards that will also charge an annual fee if they are not activated. For idle credit cards, the best way is to cancel, close the account or cancel the card. If you do not cancel the card, the idle card will become a dormant card for a long time. Not only will the user have to pay an annual fee, but his personal credit will also be affected.