The credit card has expired. If you replace it with a new card and do not activate it, the following effects will occur:

(1) Annual fees may be incurred:

Replacement of old card For new cards, the annual fee cycle will be recalculated. If you have a regular card or a gold card, there will be no annual fee if you do not open the card if it is not overdue. However, if it is a high-end card such as a platinum card, no annual fee will be charged. The annual fee will still be deducted when opening the card. In addition to the annual fee, some cards with special craftsmanship will also charge a card production fee, which is also deducted directly from the credit card.

(2) It may affect your credit report:

It affects your credit report because it is overdue. There are two overdue situations. One is that the credit card incurs annual fees or card production fees, and you do not have them. If you activate a new card and fail to repay, it will become overdue;

The other is whether the credit card is activated or not, the card information will be displayed in the personal credit report, and a message such as "The card has not been activated" will also be displayed. words. If there are too many "inactive" records, it will also affect your credit report.

(3) It may be canceled:

Although the credit card only needs to be activated within the validity period, there is always an exception. According to the reports of many cardholders, if the new card is not activated for more than 3 months after getting it, bank staff will call to find out the situation. If you say there is no need to use the card, if there is no outstanding balance on the credit card, , the bank will automatically cancel your card.

So, if you don’t want to use the card, call the bank directly one month before changing the card and tell them not to use the card and ask them not to send you a new card to avoid wasting resources.

Extended information:

1. Failure to repay credit card debt will cause serious consequences, specifically as follows:

1. Failure to repay credit card overdue , the bank will first cancel the interest-free treatment, charge penalty interest, and deduct 0.05% interest based on the bill amount every day until it is repaid;

2. The bank will collect the bill through various channels. Including methods such as phone calls and door-to-door visits;

3. If the credit card is overdue for more than three months, it is possible to sue the court and apply for enforcement of the cardholder's relevant property;

4. The credit card is overdue , the bank will freeze the card and enter the credit blacklist, and you will not be able to handle other credit services in the future;

5. If the amount of debt owed is large, such as more than 10,000 yuan, it is enough to meet the standard for sentencing. If It is possible to get in if you are unable to repay the loan on time.

II. Legal basis

Article 196 of the "Criminal Law" stipulates that under any of the following circumstances, those who engage in credit card fraud activities and the amount is relatively large shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention , and shall be fined not less than 20,000 yuan but not more than 200,000 yuan; if the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; if the amount is particularly huge or If there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than ten years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated:

(1) Using a forged credit card, or using Using false identification to fraudulently obtain a credit card;

(2) Using an expired credit card;

(3) Pretending to use another person’s credit card;

(4) Malicious overdraft.

A malicious overdraft refers to the cardholder's behavior of overdrafting beyond the prescribed limit or within the prescribed period for the purpose of illegal possession, and still refuses to return the card after being called upon by the card-issuing bank. Malicious overdrafts are a major form of risk in credit card business and are part of credit card fraud.