A credit card whose applicant has not signed a contract (agreement) and whose identity has not been confirmed by the activation procedure shall not be activated. The new card, lost card, damaged card and expired card must be activated before the cardholder can use it.
The credit card is not activated by the cardholder, and no fees may be charged. Under special circumstances, except for the cardholder's written charge, customer service telephone recording, electronic signature and the way recognized by both the cardholder and the issuing bank, the creditor-debtor relationship formed when changing the card.
Without the activation and use of the cardholder, the credit card shall not issue any gifts or gift certificates. In other words, once activated, there is an annual fee.
Most credit cards do not charge an annual fee if they are not activated, and a few special cards will also charge an annual fee if they are not activated. The bank that handles the card will give a special reminder when handling it.
After the card is activated, there may be an annual fee if it is not applicable for a long time. I suggest you contact the bank to confirm whether there are any remedial measures.
It depends on what kind of credit card you have. Generally, there is no annual fee if the credit card is not activated. The annual fee for the UnionPay version of Longka Family Credit Card is 580 yuan/card/year, and the annual fee for the supplementary card is 300 yuan/card/year. There is no annual fee for swiping a card. Whether the card is activated or not, China Construction Bank has the right to charge an annual fee.
In fact, the regulations of each bank are different. I suggest that when you apply for a credit card, call the bank's customer service phone to find out. Don't be misled by the credit card business representative, causing your own financial losses and affecting your credit history. Long-term unused credit cards must be cancelled in time. Credit card activation means that after receiving the credit card from the bank, the customer calls the bank to activate the credit card. A related person of CITIC Bank said: "The so-called activation is only a security measure to prevent theft, and it is not necessarily related to charging." Every credit card has a production cost. From the moment the bid is successful, the credit card account has been generated, and the bank has to pay the costs of data processing and information maintenance. These costs do not exist because they are not open. Therefore, it is "beyond cost" for banks to charge annual credit card fees.
Agricultural Bank, Industrial Bank, Minsheng Bank, Guangfa Bank, at present, credit cards are not activated, and no annual fees are charged for the time being.
Banks such as ICBC, Bank of Communications, China Merchants Bank, Shanghai Pudong Development Bank and Shenzhen Development Bank will also charge annual fees if their credit cards are not activated. Among them, Bank of Communications and Shenzhen Development Bank are exempt from annual fees for the first year. There are also Olympic cards of China Bank and Longka of China Construction Bank. This also requires paying an annual fee on the premise that the credit card is not activated.
Nowadays, in order to cope with the increasingly fierce competition, the banking industry has launched many preferential activities, such as free annual fee for credit cards in the first year, free annual fee for five credit cards in the first year, free telephone charges for more than * yuan * times, and free subway cards for * times. I suggest that you don't be tempted by gifts, and read the credit card application terms carefully to avoid regret. Some gifts can't be closed for several months, otherwise they will be returned or deducted the same amount. Once the annual fee is in arrears, personal credit will have a bad record, which will directly affect the approval of future home purchase loans and car purchase loans. For those who have already incurred the annual fee, I suggest you pay it off. For those who have just applied and never used it, you can swipe your card for a specified number of times, and then cancel the account without annual fee.