Credit cards (debit cards) may not be subject to transaction control for one year. Some banks will stop the counter business of credit cards (debit cards) that have not generated any transactions for more than 180 days, but cardholders can call the bank to apply for cancellation of transaction control and resume use. It is also possible to deduct the annual fee from the credit card (debit card). Although many credit cards (debit cards) have the condition of reducing the annual fee, they usually have to swipe their cards (debit cards) to meet the requirements. Cardholders should pay attention to the deduction of annual fees, and the deducted annual fees should be repaid on time and can be refunded later.
What are the consequences of not using credit cards for a long time?
1. If the credit card is not used for a long time and there is no consumption record, the bank will re-evaluate the credit card and reduce the credit card limit. 2. If the credit card is not used for a long time, and there is no credit card cancellation or loss reporting, the bank will automatically deduct the annual credit card fee. 3. In the credit report, there are detailed records about the credit card, such as whether the credit card is activated or overdue. If the annual fee of the credit card is deducted, but it is not paid off in time, it will affect the user's credit record, and then affect the user's future loan and credit card application. What happens if the credit card of China Bank is not used for a long time and has not been cancelled?
If your card is activated and not used for a long time, an annual fee will be charged from the second year. If your card is not used for a long time, it will automatically expire after the expiration date.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
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