I have a credit card but I don’t want to use it. Is it possible not to activate it? Is there any impact?

If you apply for a credit card and don’t want to use it, you can just not activate it. There will be no impact. However, although most credit cards have no fees or annual fees if they are not activated, there are still some special cards that you need to pay attention to, such as some banks' platinum cards, customized cards, etc. Don't take it lightly, as it may cause overdue payments. Another point that needs to be reminded is that if you apply for multiple credit cards and do not activate any of them, it is likely to affect your personal credit record and make it difficult to apply for another credit card in the future, so don’t apply for multiple useless cards just for the sake of favor and face. manage.

Credit card cancellation method:

1. Before canceling the credit card, please make sure that there is no debt in the account and there is no balance;

2. When canceling a credit card, call the credit card customer service number to apply for cancellation.

3. It is completely free to cancel the credit card, and there is no cancellation fee.

Extended information:

Cancellation status

Canceling a credit card account is something you must do if you no longer intend to use the credit card. If you do not cancel the account, the bank will The annual credit card fee is charged annually.

As long as there is no overdraft on the card, you can apply for account cancellation at any time.

If the card has not expired, you need to apply first and go to the bank to cancel the account after a certain number of days; if the card has expired and the account balance is zero, you can go directly to the designated bank outlet to cancel the account. Account procedures. When canceling an account, you should bring the original valid identity document and card. If it is inconvenient for you to go through the account cancellation procedures, someone else can do it for you. The agent must hold a power of attorney written by the principal (in person) and bring the original valid identity document to handle the account cancellation business.

If your card has not expired when canceling a credit card account, some banks stipulate that you need to go to a designated outlet to handle the card collection business, and then go through the formal account cancellation procedures after a certain period of time (up to 30 days) . This is mainly because if the cardholder has made a manual card pressing transaction before canceling the account, the cardholder will have already canceled the account before the merchant has submitted the card pressing form to the bank for entry into the account, and the bank will not be liquidated normally; On the other hand, if the cardholder spends money or withdraws cash overseas, it may take a few days to settle the account. If the account is closed immediately, it will also affect the bank's normal liquidation.

Reference material: Baidu Encyclopedia-Credit Card

Is it OK to apply for a credit card without activating it?

After applying for a credit card, you can not activate it, but not activating it may cause some disadvantages as a result of.

Some banks will charge an annual fee regardless of whether the credit card applied for by the cardholder is activated or not. Since you do not use these credit cards, the annual fee will not be paid, and you will be in arrears. The form will be credited to the cardholder's account, resulting in overdue payment.

In this case, it is difficult for the cardholder to find out. Once discovered, he is likely to owe a large sum of money. This will not only generate penalty interest and late payment fees, but also create a bad credit record, which will affect the credit card. Credit reference.

Unactivated credit cards will also have records in the cardholder’s personal credit system. Therefore, under this premise, cardholders who want to apply for new credit cards or loans in the future may be affected.

The bank will take into account the integrity or lack of demand for cardholders who apply for multiple credit cards but do not open a card. They may reduce the credit card loan limit and even affect the success rate of credit card loan approval.

Nowadays, it is becoming easier and easier to activate credit cards. Some banks only need to verify the ID number to activate. In this case, it increases the risk of being activated and stolen by others. Moreover, the magnetic strip information on credit cards may be used by criminals to leak personal information.

Will there be any impact if the credit card is not activated?

The consequences of not activating the credit card:

1. Incurring annual fees

Normal Generally speaking, if the credit card is not activated, there is no annual fee;

But this is not the case with many platinum cards. Even if you have not activated it, you will still be charged an annual fee;

For regular and gold card users, it is best to call the bank to confirm whether there will be an annual fee or other fees if it is not activated.

2. Impact on personal credit

As long as you apply for a credit card, there will be an application record in your personal credit report. For users who have not activated it, the credit report will show that the card has not been opened. , this situation will be more serious than overdue.

3. Impact on second card application

If your first card application is not activated and you apply for a credit card from the same bank for the second time, it is very likely that your card will be rejected. reject.

Credit card application

In most cases, citizens who have full capacity for civil conduct (citizens over 18 years old in mainland China) and have certain direct financial resources can issue cards to Apply for a credit card. Sometimes, legal persons can also be applicants.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

This concludes the introduction on how to cancel a credit card that is not activated after applying for it and how to cancel it. I wonder if you have found the information you need?