The reason why you still owe money on a credit card that has not been used is because after activation, the bank will charge a certain annual fee, which results in a debt record on the credit card. After activation, most credit cards require the cardholder to make at least five purchases per year to waive the annual fee. However, if the credit card has not been activated, there is no annual fee and there is no need to pay back the card if it is not used.

Will overdue credit card repayment affect your credit report?

1. If a credit card is overdue, the bank will upload the overdue record to the database of the Credit Information Center of the People's Bank of China, but as long as The repayment is timely, the overdue period is not long, and the amount owed is not too large. Generally, it will not affect the processing of credit cards, loans and other businesses. If there is no repayment after the due date, once the overdue payment exceeds 90 days, it will become a malicious overdue payment, and the impact will be greater. Bank credit business may be rejected in the future.

2. Some banks will provide credit card repayment extension services, that is, when cardholders are unable to repay under special circumstances, they can apply to the bank for an appropriate extension of the final repayment date. If the bank agrees to postpone the repayment, it will not affect the credit investigation, but if the repayment is overdue, it will have an impact on the credit investigation.