1. Impact on credit report

As we all know, after applying for a credit card, it will be recorded in the credit report. If the card has not been opened, it will be clearly recorded that the card has not been opened, and it will be increased if you apply again. Once the number of cards and credit limit are too high, it will affect the bank's credit review. When applying for a card again, it can easily affect your credit limit.

Second, annual fee

The China Banking Regulatory Commission stipulates that banks cannot charge annual fees if the credit card is not activated. However, if the cardholder does not carefully identify the provisions of the terms when applying and authorizes the bank to automatically deduct fees from the account, annual fees may still be incurred.

The annual fee generated will be credited to the cardholder's account in the form of credit card debt. If you don't repay it on time, interest and liquidated damages will accrue, and it will leave a stain on your credit record.

Third, it affects the card drop rate in the later period.

When you apply again, other banks will find that you don’t need to apply for a credit report. If you do it this many times, you obviously have malicious intent. The bank will think that you don't really need to use the card, and the rejection rate will increase.

Generally speaking, after you get a credit card, if you can no longer use it, it is best to cancel it (but generally canceling this bank card will make it difficult to apply for a card online).

Cancellation is easy. Just call the bank's manual service and ask for help. Cancellation usually takes 1-5 working days. It is best to cut off the card after logging out to avoid being picked up and used by others. Related Q&A: How to activate the limit of Jiufu Wanka Card

If you want to activate the limit of Jiufu Wanka Card, you must first conduct Sesame Credit Score authentication. Just authorize Jiufu to check the Sesame Credit Score. Then there is the phone operator authentication, which requires the service password of the mobile phone number. The last step is to complete personal information. Users need to fill in their work unit, academic qualifications, ID card, and emergency contact. After completing the information and submitting it, Jiufu Wanka will review it. If the review is passed, the limit can be activated.