CITIC Bank provides credit card services to qualified customers. After a friend applied for a CITIC Bank credit card, he did not want to activate the card for some reasons, but was worried that it would not be safe if he did not cancel it. Then the CITIC Bank credit card was not activated. Do you want to cancel?

Do you want to cancel the CITIC Bank credit card if it is not activated?

It is recommended to cancel if the CITIC Bank credit card is not activated, because some credit cards made with special craftsmanship may charge additional card production fees. Or the cost of production, failure to return on time will affect personal credit. Moreover, if the credit card is not activated or used, the credit limit will still be displayed on the credit report, and it will be counted as a personal liability and will not be conducive to increasing the credit limit in subsequent card applications.

Although if the credit card is not activated, it will automatically cancel or go to sleep after the expiration date of the credit card. However, if the user does not cancel in time, there is also a risk of fraud, so it is more appropriate to cancel.

According to the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks", no fees may be deducted from a credit card without being activated by the cardholder (unless otherwise agreed). Therefore, under normal circumstances, no fees will be incurred if the credit card is not activated. However, some credit cards made with special craftsmanship may charge additional card production fees or production fees. Failure to return the card on time will affect your personal credit report. Cardholders can call the CITIC Bank Credit Card 24-hour customer service hotline to inquire about the charges of this card.

In addition, if the credit card is not activated or used, the credit limit of this card will still be displayed on the credit report, and it will be counted as a personal debt and will not be conducive to increasing the limit of subsequent card applications. If the cardholder pays more attention to the credit card limit, it is best to cancel the extra credit cards that are not used.