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 sent is not activated?

After receiving the credit card, if you don’t want to use it, you can If the credit card is not activated, according to relevant regulations, the bank will not charge any fees for non-activation of 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 designated commercial service departments, and then the bank will settle the accounts 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.

What are the consequences of applying for a credit card but not activating it?

Deactivating a credit card after applying for it will have the following adverse effects:

1. An unactivated credit card may also have annual consequences. fee.

Although the China Banking Regulatory Commission stipulates that banks are not allowed to charge cardholders annual fees if their credit cards are not activated, this only applies to ordinary credit cards. If the cardholder applies for a high-level credit card or a customized card, Due to the relatively high cost of card production, this type of credit card will incur annual fees even if the cardholder does not activate the credit card.

If the cardholder is not careful, the annual fee may be overdue. Once a credit card is overdue, it will not only generate overdue interest, but also have a negative impact on personal credit due to overdue payment

2. It will affect the cardholder's ability to apply for a credit card again.

When a customer applies for a credit card from the bank, the bank will refer to the applicant's current card information. Unactivated credit cards will also account for the credit limit. If the applicant currently holds more credit cards, A higher total credit limit will result in a higher current debt ratio, which may affect your later application for a credit card.

3. Unactivated credit cards will also be reflected in the personal credit report. All our credit cards will be recorded in the personal credit report, including credit cards that are not activated. If there are more If there are too many unactivated credit cards, when applying for a credit card again, the bank may think that the applicant does not really have a need to apply for a card, resulting in rejecting the user's application for a card.

Let’s stop here to introduce what will happen if you get a credit card but don’t activate it.