Is it okay if I don’t open the card after I get it?

Failure to open a credit card after you get it will generally not incur any fees or affect your personal credit (except for specific card types, such as some platinum cards that charge fees even if they are not opened).

1. Credit card cancellation methods:

1. Cancellation of card by phone: Cardholders can call customer service to apply.

2. Cancel cards at branches: Some banks ask cardholders to bring their ID cards and credit cards to any local branch to cancel their cards. After filling in the account cancellation application form, the bank will report a copy of the cardholder's ID card and the filled account cancellation application form to the head office. After a period of time, the cardholder can call to verify whether his credit card has been cancelled.

3. Cancel the card at a designated location: There are also a few banks that require you to cancel your credit card at a designated location.

2. Will not opening a credit card affect your credit worthiness?

Not opening a card will not affect your creditworthiness, and canceling it will not affect it. The only fee that needs to be deducted from the credit card is the annual fee, which is usually about 100 a year, but generally if you use it 5 times a year, it will be up. You don’t have to pay an annual fee. If you want to improve your creditworthiness, you have to make more payments, and you must pay them back on time, otherwise it will affect your creditworthiness. If you make more payments and pay them back well, the bank will usually pay you back in about 3 months. There is no handling fee for increasing the credit limit. The handling fee is paid by the merchant to the bank. Credit cards are just a way to encourage consumption, and the merchants benefit.

3. Will credit card installment repayment be reflected as a personal liability in the credit report?

Credit card installment means that when the cardholder uses a credit card to make large purchases, the bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder, and then allows the cardholder to pay the cardholder in installments. The process of bank repayment. The bank will deduct the consumption funds in installments from the cardholder's credit card account based on the cardholder's application, and the cardholder will repay according to the monthly credit amount.

Credit needs to be checked for loans, mainly whether housing loans, car loans, and credit cards are overdue. Installment payments will not affect the loan. If your credit card can be repaid on time every time and there is no overdue payment, the consumption is normal consumption and there is no problem with your creditworthiness.

Is it okay to not activate the credit card that was mailed?

After receiving the credit card, if you don’t want to use it, you can not activate it. According to relevant regulations, the bank will not charge any fees for not activating the credit card. But if you still want to use it, it’s best to activate it as soon as possible, because some credit cards can be activated at any time during the validity period, but some credit cards will be automatically canceled if they are not activated within 90 days after the card is approved.

In addition, if you do not activate your credit card, your credit report will not be affected. When a customer applies for a credit card, the bank needs to review the customer's credit report to evaluate the customer's credit status to determine whether the customer is eligible to apply for a credit card. If the customer does not activate the card after applying for the card, the account will be displayed as an inactivated account on the credit report, but there is generally no negative impact.

CreditCard, also called credit card. It is a non-cash transaction payment method and a simple credit service. A credit card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

There is no need to pay cash when using a credit card, and repayment will be made on the billing date (BillingDate). Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; a quasi-credit card refers to a credit card in which the cardholder can A quasi-credit card that deposits a certain amount of reserve fund and can be overdrafted within the specified credit limit when the reserve account balance is insufficient for payment. The so-called credit card generally refers to a credit card only.

Credit card activation process:

1. Credit card activation process by phone:

Call the credit card’s 24-hour customer service hotline and follow the prompts.

After selecting the Chinese service in the voice, select the credit card, enter the credit card, the validity period of the credit card and the three-digit security verification code on the back of the card. Select credit card activation and password settings, and then press the # key to end.

2. Credit card online banking card opening process:

Log in to the bank's official website, click on the homepage of the Credit Card Center, click on the card opening on the right and set a password.

Verify the credit card application reservation information, such as home phone number, ID number, etc.

Three: Credit card bank counter opening process:

Bring your ID card and credit card, fill in the special business application form, and let the staff handle the activation of the credit card.

If you have other specific questions, it is recommended that you call the bank’s customer service staff and hope they can help you.

After receiving a China Merchants Bank credit card, how long will it take for the card to expire if it is not opened?

If it is a China Merchants Bank credit card, the validity period of the credit card is generally 5 years, that is, it will become invalid if the card is not opened within 5 years.

For China Merchants Bank credit cards, the validity period of the credit card is generally 5 years. The card can be opened and used within the validity period. If the card is not opened, it will not be automatically invalidated. If you do not open a card, no new card will be issued after the card expires. You can reapply if necessary. If the credit card is not activated, it will not be invalidated until the validity period of the credit card expires. Credit cards issued by various banks are generally valid for 3-5 years, and special cards are valid for 8 years. If the credit card is not activated, it means that you need to wait 3-5 years or 8 years before it becomes invalid. But if you need to use it, you must activate it before it can be used normally.

Generally, credit cards have expiration dates. On the front of the credit card, there are four numbers separated by /. The front represents the month and the back represents the year. This means that by this month of the year, this card will become invalid. If you don’t want to use the credit card after receiving it, it is best to cancel the card, because if it is idle for a long time, it will become a sleeping card. The hidden dangers of sleeping cards are very big. Once activated by others, it can be easily If it is stolen, the trouble will be huge.

There are three ways to activate a credit card, one is online activation, one is activation by phone, and the other is activation at a bank branch. If you apply for a credit card online, you must go to a bank branch to apply for card activation. If you have not applied online before, you have more options.

1. Most credit cards meet the conditions of "no annual fee if you swipe a few times a year." However, for some high-end platinum credit cards, because cardholders are entitled to special treatment, their high annual fees Sometimes it cannot be reduced or exempted, or more points are required;

2. For example, the classic version of China Merchants Bank Platinum Credit Card, with an annual fee of 3,600 yuan, can only be passed through 10,000 points (or a cumulative consumption of 80,000 yuan) )exchange. In addition, due to the common phenomenon of "card application but not activation", we really need to pay attention to some special card types that still need to pay annual fees and production costs even if they are not activated. For example, the standard version and elite version of the Industrial Bank Rider Credit Card Platinum Card, once issued, will still charge an annual fee of several hundred yuan even if they are not activated.

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 early 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 should I do if I don’t want the newly applied for credit card? Can I not activate it?

If you don’t want the newly applied credit card after you receive it, you can apply for cancellation, but you don’t need to activate it.

After receiving the credit card, if you don’t want to use it, you don’t have to activate it. If you still want to use it, it’s best to activate it as soon as possible. According to relevant regulations, the bank will not charge any fees if the credit card is not activated.

1. The specific process of canceling a card over the phone is as follows:

1. Call the bank’s credit card center and ask about cancellation related matters. It mainly depends on whether your card is suitable for cancellation, whether there is a balance, etc. .

2. Use the phone to cancel the credit card. After the bank receives the call, it will accept the user's application for canceling the credit card and deduct the annual fees receivable for all cards under the account. The account balance is zero or the customer has made it clear Indicates giving up the remaining balance in the account.

3. Go to the bank counter to formally cancel the credit card. The cardholder must bring his or her ID card and the credit card to be canceled to the bank to fill out a card cancellation application form. The card may be collected first and the corresponding card cancellation procedures will be done one month later. However, you can also directly make an appointment to cancel the account on the day of card cancellation.

2. Pay attention to a few points when canceling a credit card:

1. Pay off all outstanding debts in a timely manner. This arrears includes bill arrears and annual fees. If there are still outstanding balances in the card, just cancel the card without hesitation. After the interest is compounded, when the amount reaches a certain amount, the bank will start "debt collection"!

2. Confirm whether to cancel the account after 45 days. Credit card cancellation is usually handled through customer service, but it is not possible to cancel the card successfully at that time. When you propose to cancel the card, the account will enter the pre-cancellation state. Whether the account has been successfully canceled will not be known until 45 working days.

3. Cut the magnetic strip when deleting the card. If the card is complete, it may still be usable in some consumption places that only require information without verifying it. The best way is to cut the magnetic strip into several pieces and throw them into different garbage dumps to avoid future troubles!

It should be noted that different banks have different regulations. Some banks can activate the credit card at any time during the validity period. If the credit card is not activated after the validity period, it will be automatically canceled. Some banks stipulate that if the cardholder does not activate the credit card within 90 days after the card is approved, the card will be automatically canceled.

This is the end of the introduction about receiving a credit card and not wanting to open the card and receiving a credit card and not wanting to open the card. Did you find the information you need?