Dead credit card: The so-called "dead credit card" refers to a card that is not activated or used after activation after the user applies for the credit card. It is understood that when users apply for a credit card, they must first "activate" it before using it. However, in the "dead card" team, some people choose not to activate, while more people do not use it or do not use it "in place" after activating it.

1 With the fierce competition, various banks are currently offering discounts on the number of card swipes and the amount of a single card swipe without annual fees. For example, regarding the annual fee exemption for the number of card swipes, most banks stipulate that customers only need to swipe their cards 5 times to be exempted. Some banks stated that if a customer completes the two-year annual fee exemption within one year, he or she can enjoy the annual fee exemption in the second year. There is no limit on the time period during which the annual fee exemption can be applied to the number of credit card transactions.

2 Many bank credit card centers stated that no annual fee will be charged if the credit card is not activated. But if you want to use a credit card, you must activate it first, and if you do not use it after activation, or if you do not meet the annual fee exemption conditions such as the number of card swipes, the bank will charge the credit card annual fee in full even if it is missed once, and it will not be because the customer swipes less. is "discounted" on the annual fee.

3 Bank staff also said that banks naturally issue credit cards to allow customers to use the cards rationally, which is good for the bank and the customers themselves. The original intention is not to collect annual fees.

4 For this group of people who do not use it after activation, the bank will charge the full annual fee. The collection time is calculated from the date the bank approves the card after the customer applies for a card, not from the date the customer activates the card. If you activate the card 3 months after you get it, the annual fee will be charged not from 3 months later, but from the date the bank approves the card. The bank will charge it after one year. An annual fee bill is generated!

5 If the customer does not deduct the corresponding fee from the associated account, but fails to deposit the corresponding fee into the card in full and on time, the bank will charge penalty interest according to the corresponding standard, and this fee The accumulation cannot be underestimated.

Reminder: Nowadays, with the increase in credit card users, many consumers are following the trend and blindly apply for credit cards. Therefore, cardholders should think twice before applying for a card and do not apply blindly to avoid unnecessary financial losses to themselves.