No
For activation, there are usually three ways to activate a credit card:
Activate through the counter of the bank where the credit card is located, and you need to present yourself and your ID card Original, credit card.
Call the credit card service phone number on the card to activate.
Log in to credit card online banking and activate online.
In order to avoid being mailed to the wrong address or having the credit card stolen during the mailing process, the bank requires that the credit card must be activated before swiping the card for consumption. During activation, the cardholder is required to provide personal information, such as: birthday, ID number, etc. for verification. This ensures the safety of the cardholder. Even if the card is mailed incorrectly or stolen, it cannot be activated without knowing the personal information, and naturally it is impossible to swipe the card for consumption.
Extended information:
New Central Bank Regulations
In April 2016, the People's Bank of China issued the "Notice of the People's Bank of China on Matters Concerning the Credit Card Business". In 2017 It will come into effect on January 1, 2019.
The "Notice" requires the implementation of upper and lower limit management on credit card overdraft interest rates. The upper limit of overdraft interest rates is 5/10,000 daily interest rates, and the lower limit of overdraft interest rates is 0.7 times the daily interest rate of 5/10,000ths.
Mainly based on the following considerations: First, the implementation of step-by-step and gradual reforms will help card issuers further accumulate pricing data and experience during the transition period, and guide them to improve the credit card interest rate pricing mechanism.
Second, the credit card risk control and pricing capabilities of each card issuer are uneven. The upper and lower interest rate guidance will help prevent individual card issuers from blindly cutting prices and engaging in price wars, resulting in unfair competition and high-risk customers. Excessive borrowing will increase credit risks and cause partial chaos in the market.
Third, while the information disclosure mechanism needs to be strengthened, setting an upper limit on overdraft interest rates will help prevent individual card issuers from unreasonably charging excessive interest and protect the legitimate rights and interests of cardholders.
Reference: Baidu Encyclopedia-Credit Card
Reference: Bank of Communications-Credit Card Activation Process