If you don’t activate a credit card after applying for it, will it affect your future credit?

If the credit card is not activated, there will be no credit record and it will not affect your future credit.

If the credit card is activated without your knowledge, then the bank will bear full responsibility. There is no need to worry about this. The bank is very cautious in doing this and requires double checks for authorization.

Not activating a credit card will only affect credit card transactions but not your credit record.

The personal credit record will record the use of the credit card. If the credit card has not been opened, it will display words such as "Not yet activated", which means that you have such a credit card in your name but have not used it. .

To put it simply, in your credit reporting system, it will be recorded that you have applied for such a card, but it will show that it has not been activated, and it will not be regarded as a bad record for you.

Of course, if your credit record shows that you have more than a dozen inactive credit cards, you may have trouble applying for a card in the future. Another situation is that if the card is not activated after applying for it, it will be automatically canceled after 3 years.

Will there be any impact on your credit if your credit card expires and your new card is not activated?

If your credit card expires and your new card is not activated, it will still have a slight impact on your credit.

1. A record will be left in the credit report, showing that there is an inactivated credit card.

2. No annual fee will be charged if the card is not activated. Generally, no fees should be charged if the credit card is not activated. This is for common cards.

3. Currently, there are many types of bank credit cards, including many gold cards, platinum cards, etc. with higher benefits. The services provided start before activation, and all annual fees are unavoidable.

4. The credit report will be affected. The last card application was not activated, which may hinder the bank from approving new cards. If various situations occur many times, later loans will also be affected.

5. There is a risk of card theft. Due to leakage of personal information or loss of identity information, unscrupulous people may steal personal credit cards.

The role of credit reporting:

1. The impact of credit reporting:

1. It will reduce the borrower’s loan amount.

2. Not giving borrowers preferential interest rates or increasing loan interest rates.

3. If there are multiple bad credit records, the borrower’s loan application will be directly rejected.

4. It has an impact on many fields such as job hunting, renting a house and even visas to go abroad.

5. Credit bureaus will be included in the central bank’s blacklist, which will bring a lot of inconvenience to life.

2. Behaviors that affect personal credit:

1. Late water bills, phone bills and other related expenses. These small things will affect your personal credit.

2. If the borrower’s debt is too high. Most people have already had car loan and house loan repayments exceeding 50% of the borrower's monthly income, and credit card repayments that exceed 50% of the borrower's monthly income will also be deducted. Be included in the bad credit reporting system.

3. The borrower applies for personal loan default. If there is any outstanding loan principal and interest or the guarantor is repaying the loan; if there is a loan extension record recently or within two years of using capital to offset the debt, it will also be included in the credit record list.

4. The borrower’s credit card is overdue. If a cardholder forgets to repay or has been defaulting on repayment, it will also be recorded if the number of repayments exceeds six times within a year.

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.)

How long does it take for the credit card to become invalid if it is not activated?

During the validity period of the credit card, if the credit card is not activated, it will not automatically void.

The bank has no time limit on credit card activation.

The credit card can be activated and used at any time within the validity period. If it is not activated after the validity period, the card will become invalid. The validity period of a credit card is generally 3 to 5 years, which is marked on the front of the credit card. It can be activated and used before then.

After the credit card application is successfully approved, even if you do not open the card, the approval time and specific limit of the card will be displayed in the personal credit report, and words such as "The card has not been activated" will also be displayed. . Although it is not a bad credit record, if there are too many of these "inactive" records, it may affect the success rate and amount of future credit applications, because the financial institution reviewing your credit report will think that you lack demand for loans.

Extended information:

Since the card is sent by mail after the credit card application is approved, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from fraud losses, the credit card has set up a card opening procedure before it is officially launched.

Card opening is mainly done by phone or online. The relevant personal information provided during the application is checked. Once the card is met, the card opening process is completed. At this point, the applicant becomes the card holder and can officially start using it after signing on the back of the card. After opening a credit card, you generally need to set up a password for the card.

After accepting a credit card, a credit card merchant or bank must review the validity of the credit card and the identity of the cardholder.