Will there be any impact if the credit card is not activated?

There will be an impact, annual fees will be charged, 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 to cancel the card. After canceling, be sure to cut the card to prevent theft.

Be sure to apply for a credit card based on your own needs. Don’t blindly apply for a credit card because of the inducement of a salesperson or the instigation of some intermediaries. When applying for a credit card, be sure to choose a bank outlet or one with official authorization from the bank. Third Party Agencies.

1. Annual fees are charged

Generally, if the Gold Card is not activated, the bank will not charge an annual fee, but for the Platinum Card, the annual fee will be charged regardless of whether you activate the credit card. Take it as it is. Therefore, don’t take it for granted that there will be no annual fees if you apply for a credit card but don’t activate it. And although most banks stipulate that no annual fee will be charged in the first year for unactivated credit cards, annual fees will be charged in the second year. Fees incurred when the credit card is not activated will be charged to the cardholder's account in the form of credit card debt. If the payment is not made on time, high interest and liquidated damages will be incurred, and personal credit will be affected.

2. Personal credit is affected

After you apply for a credit card to the bank, the bank will check your personal credit report. This record will be retained in your credit report system. If If you apply for too many credit cards without any usage records, the bank will think that you are applying for the card maliciously. Moreover, the total number of cards you hold and the total credit limit will change. When you really need a credit card, it is easy to be rejected by the bank.

After applying for a credit card, regardless of whether it is activated or not, it will be recorded in the personal credit reference 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 when you apply for a card next time, which will affect whether the bank approves your credit card application and the credit card limit. Moreover, if you apply for a credit card from the same bank, the bank will most likely reject your application. Therefore, if the credit card you apply for is not activated, it will affect future card openings.

3. Cause information leakage

If there is a person with bad intentions around you, it is very likely that after he knows your personal identity information, he will activate it under your name, because now the credit card Activation is very simple, you only need to know your ID number and hold your phone to activate it in one minute.

What will happen if the credit card is not activated?

If the credit card is not activated, it will not be used regularly. In order to enable customers to enjoy the various benefits of CCB credit cards as soon as possible, it is recommended that customers open and use the card immediately after receiving it. For cards that have not been activated before the card expires, CCB will not issue a new card to the customer upon expiration. Note: If the customer applies for a CCB credit card with a rigid annual fee, the annual fee will be incurred regardless of whether the customer activates it or not.

(In case of business changes, please refer to the actual situation.)

What will happen if the credit card is not activated

Many friends now go to the bank to apply for a credit card, but sometimes Because the credit card limit is relatively low, the credit card has not been activated. What will happen if the credit card is not activated?

1. It may affect your next card application: Regardless of whether you choose to activate or not, your application time, applied amount and other information will be uploaded to the credit reporting system. Although it will not be considered a bad record, it will be difficult to apply for a card later, and the application may fail. If you apply for a card multiple times but do not activate it, it may affect future loans.

2. It may not be automatically canceled: Many people think that if the card is not activated, it will be automatically canceled by the bank, but this is not the case. The regulations of each bank are different. Some banks stipulate that the card will be canceled if it is not activated within a few years, and some banks stipulate that the card will be considered dormant if it is not activated. It is best to cancel the inactive card to avoid many problems.

3. The annual fee may be charged as usual: Generally speaking, no annual fee will be charged if it is not activated. But this is only for regular cards. If you are a platinum-level card or above, you will enjoy higher-level services and have higher rights after activation.

Even if it is not activated after application, annual fees will still be incurred. If you forget to pay, it will be treated as overdue.

4. The card may be stolen by others: Many criminals will specifically look for unactivated cards, steal the information, use the information to activate the card and then use it, and will not repay the money after the card is used. . Arrears and other bad records will be recorded in the applicant's name, which will cause great losses to the applicant.

Not activating a credit card will bring you a lot of trouble. Before applying, you must consider whether you need a card, and remember to blindly apply for a card. If it is not activated after processing, you must take the initiative to cancel the card to avoid causing losses to yourself.

This is the end of the introduction about what will happen if the credit card is not activated after application and what will happen if the credit card is not activated after application. I wonder if you found the information you need?