1. Is there an annual fee if the credit card is not activated?

Regarding credit card charges, the CBRC once stipulated: "Before the cardholder activates the credit card, the banking financial institution shall not deduct any fees, except that the cardholder authorizes the banking financial institution to deduct the fees by telephone recording or electronic signature of the written customer service center."

Because of this regulation issued by the China Banking Regulatory Commission, if the credit card you apply for is not activated by yourself, but opened by someone else, then the bank needs to bear certain responsibilities. Moreover, the CBRC also stipulates that most credit cards, as long as you don't activate them, banks are not allowed to charge annual fees, and banks are not allowed to open inactive credit cards for applicants privately. Therefore, at present, general credit cards are not activated and there is no annual fee.

Second, why do you have to charge an annual fee if you don't activate it?

Because platinum cards need to provide some high-value value-added services, banks have to bear a lot of expenses for this. Therefore, there is such a rule that platinum card users will charge an annual fee even if they don't activate their cards. Therefore, users of platinum cards must remember that even if they are not activated, there will still be an annual fee. For users of Puka and Gold Card, it is best to call the bank to confirm whether there will be annual fees or other fees if they do not activate. Second: there is also a hidden danger that the inactive credit card is stolen. In a case uncovered on 20 14, criminals used the Internet to buy personal information, forged identity cards, activated credit cards by taking advantage of loopholes in bank customer service, and stole tens of thousands of yuan. Because "dormant" credit cards are ignored by everyone, there are also great security risks.

To sum up, according to the regulations of CBRC, most credit cards will not be charged if they are not activated. But many platinum cards will still be charged if they are not activated. Of course, some credit cards with special requirements will be charged an annual fee if they are not activated, so you can ask the bank clearly when handling credit cards and remember to handle them rationally.