Now many friends will go to the bank to apply for a credit card, but sometimes because the credit card limit is relatively low, the credit card has not been activated. What happens if the credit card is not activated?
1, which may affect the next card application: whether you choose to activate or not, your application time, application amount and other information will be uploaded to the credit information system. Although it will not be regarded as a bad record, it will be more difficult to apply for a card in the future and the application may fail. If the card is not activated for many times, it may affect future loans.
2. It may not be automatically cancelled: many people think that the card will be automatically cancelled by the bank if it is not activated, but it is not. Different banks have different rules. Some banks stipulate that the card will be cancelled if it is not activated within a few years, and some banks stipulate that the card will be considered dormant if it is not activated. However, it is best to cancel the inactive cards to avoid many problems.
3. The annual fee may be charged as usual: Generally speaking, if it is not activated, the annual fee will not be charged. But it's only for Puka. If it is a platinum card or above, you can enjoy a higher level of service and have higher rights after opening. Even if it is not activated after processing, there will still be an annual fee. If you forget to pay it, it will be considered overdue.
4. It may be stolen by others: Many criminals will specifically look for those inactive cards, steal the information inside, use this information to activate the cards and use them, and do not repay after swiping the cards. Bad records such as arrears will be recorded in the applicant's name, causing great losses to the applicant.
If the credit card is not activated, it will bring you a lot of trouble. Be sure to consider whether you need to apply for a card before handling it, and remember to apply for a card blindly. If it is not activated after handling, you must take the initiative to cancel the card so as not to cause losses to yourself.
What happens if the credit card is not activated?
If the credit card is not activated, it will be used frequently. In order to make customers enjoy the rights and interests of CCB credit card as soon as possible, it is recommended that customers open the card immediately after receiving it. If the card is not activated before the expiration, CCB will not issue new cards to customers at the expiration. Note: If a customer applies for CCB's rigid annual fee credit card, an annual fee will be incurred regardless of whether the customer is activated or not.
(In case of business changes, please refer to the actual situation. )
What happens if the credit card is not activated?
If the credit card is not activated, it will have the following adverse effects:
1. An inactive credit card may also incur an annual fee.
Although the CBRC stipulates that credit cards are not activated and banks cannot charge cardholders an annual fee, this is only for ordinary credit cards. If the cardholder handles advanced credit cards or customized cards, due to the relatively high cost of business card printing, such credit cards will generate annual fees even if the cardholder does not activate the credit cards.
If the cardholder does not pay attention, it may be overdue because of the annual fee. Once the credit card is overdue, it will not only generate overdue interest, but also adversely affect personal credit. Affect the cardholder to apply for a credit card again.
When a customer applies for a credit card from a bank, the bank will refer to the applicant's current credit card information, and the inactive credit card will also account for the credit limit. If the applicant currently holds more credit cards and the total credit line is higher, it will make his current debt ratio higher, which may affect his later application for credit cards.
Inactive credit cards will also be reflected in the personal credit report, which will record all our credit cards, including inactive credit cards. If there are many unused credit cards in the personal credit report, the bank may think that the applicant does not really have the need to apply for a card when applying for a credit card again, which may lead to the user's application for using the card being rejected.
This is the end of the introduction about what will happen if the credit card is not activated all the time and what will happen if the bank card is not activated. I wonder if you have found the information you need?