Failure to open a credit card after you get it will generally not incur any fees or affect your personal credit (except for specific card types, such as some platinum cards that charge fees even if they are not opened).

1. Credit card cancellation methods:

1. Cancellation of card by phone: Cardholders can call customer service to apply.

2. Cancel cards at branches: Some banks ask cardholders to bring their ID cards and credit cards to any local branch to cancel their cards. After filling in the account cancellation application form, the bank will report a copy of the cardholder's ID card and the filled account cancellation application form to the head office. After a period of time, the cardholder can call to verify whether his or her credit card has been cancelled.

3. Cancel the card at a designated location: There are also a few banks that require you to cancel your credit card at a designated location.

2. Will not opening a credit card affect your credit worthiness?

Not opening a card will not affect your creditworthiness, and canceling it will not affect it. The only fee that needs to be deducted from the credit card is the annual fee, which is usually about 100 a year, but generally if you swipe it 5 times a year, it will be up. You don’t have to pay an annual fee. If you want to improve your creditworthiness, you have to make more payments, and you must pay them back on time, otherwise it will affect your creditworthiness. If you make more payments and pay them back well, the bank will usually pay you back in about 3 months. There is no handling fee for increasing the credit limit. The handling fee is paid by the merchant to the bank. Credit cards are just a way to encourage consumption, and the merchants benefit.

3. Will credit card installment repayment be reflected as a personal liability in the credit report?

Credit card installment means that when the cardholder uses a credit card to make large purchases, the bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder, and then allows the cardholder to pay the cardholder in installments. The process of bank repayment. The bank will deduct the consumption funds in installments from the cardholder's credit card account based on the cardholder's application, and the cardholder will repay according to the monthly credit amount.

Credit needs to be checked for loans, mainly whether housing loans, car loans, and credit cards are overdue. Installment payments will not affect the loan. If your credit card can be repaid on time every time and there is no overdue payment, the consumption is normal consumption and there is no problem with your creditworthiness.