Whether the credit card will not be used but not cancelled will cause any adverse effects, and the specific situation will be analyzed:

If the credit card handled by the customer is a direct annual fee-free card within the validity period, there will be no charge if it is not used, and it doesn't matter if the customer doesn't cancel it, which will not cause any serious adverse effects.

If the credit card handled by the customer is an annual charge, the annual fee can only reach the specified number or amount by swiping the card, or the hard annual fee cannot be reduced, and the points can only be exchanged for the annual fee, then there will be expenses if they are not used.

If the customer does not cancel, after the bank deducts the annual fee from the card limit, if the customer fails to repay on time within the specified repayment period, it will be overdue and reported to the central bank for credit investigation, leaving a bad record in the credit investigation report, resulting in personal credit damage.

Customers are advised to cancel their cards as soon as possible if they do not intend to use them again. If you plan to use the card in the future, you need to pay more attention to the status of the card to avoid not knowing the bill and causing overdue. Moreover, we also need to note that if the credit card is not used for a long time after activation, the bank is likely to reduce the amount.

Consequences of not activating the credit card:

1. Affect personal credit. If the credit card is not activated, it will sometimes be charged. Non-repayment will lead to overdue, and overdue will stain your credit history. You may not quite understand, how to charge if the credit card is not activated? Of course, this will not happen on ordinary credit cards, but it will happen on high-end credit cards, such as platinum cards.

2. Subsequent card use will be affected. If you get a credit card from the bank, but it has not been activated for a long time, or even sold it without activation, the bank is likely to refuse you to apply for a credit card again in the future. Of course, if you are a quality customer, the impact is not that great.

3. Cause potential safety hazard. Credit card information is sometimes obtained by criminals. They can copy the same credit card and then activate it to steal it. Without your knowledge, it is often easy to cause economic losses. It can be seen that the consequences of not activating the credit card are still very serious.

Although it has a certain impact, the normal cancellation of credit cards by singles generally does not have adverse consequences. As long as the cardholder has not had overdue credit before canceling his credit card, it will not affect personal credit. However, if credit card users are overdue in the process of using their credit cards and cancel their credit cards immediately after paying off overdue debts, it will have a negative impact on personal credit.

Because overdue credit cards will be collected, the bad records in the personal credit report will be kept for five years after repayment, but the credit card records in the credit report will only show the data of the last two years. In other words, if the cardholder cancels the credit card immediately after paying off the overdue debt, the bad record will be kept for five years. However, if you continue to use the credit card after paying off the debt and maintain a good repayment record, the previous bad record will be covered for two years.

Therefore, the credit card has an overdue record, and canceling the credit card immediately after repayment will have an impact on personal credit information.

Can I restore my credit card after cancellation?

There are two ways to cancel a credit card. The first way is to return the card, and the other way is to return the card without closing the account. Cancellation means that the cardholder applies for cancellation of the credit card at the same time. After cancellation, it means that the bank has deleted all the information of the cardholder from the banking system. This situation cannot be recovered after the credit card is cancelled.

The cancellation of a card means that the cardholder only applies for cancellation of a certain credit card, and the cardholder's personal information has not been deleted from the banking system. Then, if the credit card user regrets canceling the card, he can apply to the bank to restore the cancelled card.