What happens when the credit card application is activated?

Can I activate my credit card? There may be these consequences.

We all know that credit cards need to be activated before they can be used. However, many cardholders, after activating their credit cards, find that they have no consumer demand, so they put their credit cards aside and ignore them. So, is it ok to activate the credit card? Are there any bad consequences? Let's have a look.

Can I activate my credit card?

Credit card is a credit card issued by a bank that can be overdrawn in advance. After activation, it can be used for credit card consumption, emergency cash withdrawal, and even provide cardholders with large cash installment products. Of course, after activation, cardholders can also choose not to use credit cards, but there will inevitably be some influences:

1, an annual fee will be incurred. The annual fee is a mandatory charge for credit cards. Except for those credit cards that are free of annual fee within the validity period stipulated by the bank, most ordinary credit cards can reduce the annual fee by swiping the card number. Therefore, if the credit card is not used after activation, the annual fee will be deducted from the credit card limit.

2. It will affect credit. If the number of swipes is not enough after the credit card is activated and the annual fee is deducted, the cardholder fails to repay in time, which will lead to overdue. There are many consequences of overdue, the most important is to affect the credit of cardholders.

3. It will affect withdrawal. Many cardholders' credit cards are too low to be used after activation. They think that banks will actively increase credit cards in order to avoid customer churn. Although some banks may do this, most banks mainly look at the cardholder's use of cards and will not easily increase credit cards.

4, it will affect the use of cards. Some banks will control credit cards that are not used for a long time. For example, if the CCB credit card has no transaction record within 180 days from the date of activation, the card will be subject to transaction control, and the controlled credit card can not be used for consumption and cash withdrawal, but can only handle counter business.

The above is "Can I activate my credit card?" . In a word, the activation of credit card will mainly have the above four effects, so if you don't need to use the card, you'd better cancel your credit card.

Do I need to go to the counter to activate the credit card applied online? What happens if it is not activated?

Although it is already 2020, there are still many people who want to apply for credit cards, and online application is still the first choice for many people to apply for cards. There is a problem: for example, a credit card must be activated before it can be used, so should the credit card applied online also be activated at the counter? What happens if it is not activated? Let's have a look.

1. Do I need to go to the counter to activate the credit card I applied for online?

This should be discussed in different situations.

If it is the first time for a new customer to apply for the bank's credit card online, after passing the preliminary examination, they will have to go to the counter to sign it before they can be activated. After all, banks should implement the principle of "three relatives" when approving cards. Generally, applicants need to bring their valid ID card and credit card to the counter for the bank teller to verify their identity, and then copy a paragraph and sign it. After the interview is successful, the credit card can be activated.

If you are an old customer of a bank, because you have already applied for a credit card of this bank before, and the bank knows more about the customer's information, after doing cartoons, customers generally don't take the time to sign at the counter, and customers can easily activate the credit card by making a phone call. Of course, if the customer is willing to go to the counter to activate the credit card, it is also possible.

Second, what happens if the credit card is not activated?

No matter what channel you can activate your credit card, if you want to use it, you'd better activate it as soon as possible. After all, some banks' credit cards have an activation period, usually within one month after receiving the card. Of course, some banks have no activation time limit, as long as the validity period of the credit card is not exceeded.

However, if you apply for a credit card that has not been activated for a long time, it will be recorded as inactive in the credit report. In this way, if you apply for other credit services in the same bank, especially credit cards, you may be rejected. There is a cost in issuing bank cards, and it takes a certain amount of manpower and material resources from approval to issuing cards. If you don't activate the credit card after receiving it, the bank will not be able to recover the cost.

Do I need to activate my credit card to use it?

Yes, credit cards need to be activated before they can be used. Before activation, the credit card cannot be used for consumption, cash withdrawal and other operations.

Under normal circumstances, after applying for a credit card, you can adopt several methods such as bank outlet activation, online activation and mobile banking activation.

Most credit cards do not charge an annual fee before activation, but some high-end credit cards will also charge an annual fee if they are not activated. The annual fee is included in the current bill, and the overdue will affect the personal credit record.

If the credit card is overdue, there will be a penalty interest, full interest, and the daily interest rate will be five ten thousandths. For example, if your credit card is overdue for 5,000 yuan and the overdue days are 30 days, then the penalty interest is 5,000× 0.05 %× 30 = 75 yuan.

In addition, in addition to interest, there will be liquidated damages after the deadline, and the charging standards for liquidated damages of different banks are different. Generally speaking, most banks charge a penalty of 5% of the minimum unpaid amount.

We know that overdue is an act of dishonesty. Once the credit card is overdue, the bank will report the overdue record to the central bank's personal credit report, and the overdue record will be kept in the personal credit report for five years. During this period, applying for a bank loan may encounter high interest rate and small amount, and even the loan application is directly rejected by the bank.

At present, credit reports are mainly used for various consumer credit businesses of banks. With the continuous improvement of the social credit system, credit reports will be more widely used in commercial credit sales, credit transactions, recruitment and job hunting and other fields. In addition, the personal credit report also provides a way for inquirers to examine and standardize their own credit history behavior, and forms a verification mechanism of personal credit information.

In addition, for those who are particularly overdue, their travel will also be affected. They can't spend money on planes, high-speed trains, hotels and mobile phones, and their children can't go to key schools, so it's hard to break their word.

Credit card arrears are protected by law. If the cardholder maliciously overdraws and fails to pay it back within the time limit, he is suspected of committing a credit card crime and will be punished by law and face jail. The punishment depends on the overdue situation. The more serious the circumstances, the heavier the punishment. Those who are particularly overdue may even be sentenced.

In order to reduce losses, banks generally reduce the credit card limit of cardholders, or even directly seal the cards. Once the credit card limit is reduced or blocked, it is difficult to withdraw cash or unblock it. If you use a credit card, you must repay it on time. Overdue behavior is not desirable. Never try the law, let alone take chances, otherwise the consequences will be very serious.

What will happen if the credit card is activated and not used?

1, an annual fee will be incurred. Except for credit cards that are free of annual fees within the validity period stipulated by the bank, ordinary credit cards charge an annual fee, but the annual fee can be reduced or exempted according to the number of swipes. Therefore, even if the credit card is not used after activation, this annual fee will be generated. 2. It will affect credit. If the annual fee is generated after the credit card is activated, and the cardholder fails to repay it in time, it will lead to overdue. There are many consequences of overdue, the most important is to affect the credit of cardholders.

3. It will affect withdrawal. Many cardholders' credit cards are too low to be used after activation. When the bank sees it, it will think that the cardholder does not need to use a credit card and will not consider raising the limit for the cardholder.

4, it will affect the use of cards. Some banks will control credit cards that are not used for a long time. If the CCB credit card has no transaction record within 180 days from the date of activation, the card will be subject to transaction control, and the controlled credit card can not be used for consumption and cash withdrawal, but can only handle counter business.

Credit card, also called debit card, is a credit certificate issued by commercial banks or credit card companies to qualified consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

Second, the credit card has not been used after activation. Although there will be no annual fee, it will reduce the bank's evaluation of users. Credit card business card printing and card issuing all need a certain cost, and users can't recover the cost without using the card bank, so banks will definitely lower their evaluation of such users. So users don't need a credit card, so it's best not to apply. Moreover, even if some banks cancel their credit cards, they can't enjoy the treatment of new users in subsequent applications, which means that users will lose many benefits and benefits when they apply for new cards.

Will credit card activation be rejected?

After applying for a credit card, you need to go to the counter to activate it in person, and there is also the possibility of being rejected in this process. Usually you need to go to the counter to activate after applying online. Reasons for rejection usually include card handling in different places and activation in different places. This situation will be judged by the bank as unstable, so it will be rejected, which is an important reason.

Credit card is a credit certificate issued by commercial banks or credit card companies to qualified consumers.

The form of credit card is a card with the name of the issuing bank, expiration date, number and cardholder's name printed on the front. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

Credit card application process

apply for

In most cases, citizens with full civil capacity (citizens aged 65-438+08 in Chinese mainland) who have a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.

material

(1) information of the main card holder.

(2) Supplementary card applicant information.

(3) Guarantor information.

(4) Other information.

(5) statements and signatures of the applicant for the main card and the applicant for the supplementary card.

(6) Bank column.

check

After receiving the application form and related materials submitted by the applicant, the issuing bank shall review the applicant's credit standing. The contents of the audit mainly include whether the contents of the application form are true, evaluating the credit degree of the applicant, and auditing the relevant information of the personal guarantor.

hairpin

After the applicant successfully applies for a credit card, the card issuer will open a separate credit card account at the card issuing bank for shopping, consumption and cash withdrawal.

Activate bank card

Card opening is mainly through telephone or internet. , check the relevant personal information provided at the time of application, and go through the card opening procedures after meeting the requirements. At this time, the applicant becomes the cardholder and can officially start using it after signing on the back of the card.

After a credit card is opened, it is generally necessary to set a password for the card.

identify

The credit card has at least the following information on its surface:

Front: name and logo of the issuing bank, credit card type (organization logo) and holographic anti-counterfeiting logo, English or pinyin name, activation date (generally calculated to month) and effective date (generally calculated to month). The chip is attached to the front of the newly issued card, and the chip account and the card magnetic stripe account are two relatively independent accounts.

Back: card magnetic stripe, cardholder signature column (signature is required after activation), service hotline, last four digits or all (to prevent fraudulent use), and credit card security code.

approve

After receiving the authorization notice, the issuing bank will issue an authorization instruction according to the balance of the cardholder's deposit account and the agreement that the bank allows overdraft, and reply whether to agree to the transaction.

use

Credit cards are usually only used by the cardholder himself, and lending them to others is generally a violation of the use contract.

Pin card

Before the credit card is cancelled, the account balance must be settled, and the whole process of card cancellation must be completed within 45 days after the application.

Will credit card activation be rejected?

Hello, going to the bank to activate the credit card will not be rejected.

Enter the bank credit card activation link, that is, the credit card has been issued and the applicant has received the card. At this time, the activation program is a normal card opening program, and you can handle it as long as you receive the credit card. The bank cannot refuse the applicant's application for activation for any reason. After the ordinary credit card is activated successfully, it can be used for normal consumption, withdrawal and repayment.

1. What is a credit card?

Credit card, also known as credit card, is a credit certificate issued by commercial banks or credit card companies to eligible consumers. The form is a card with name, expiration date, number and cardholder's name printed on the front and magnetic stripe and signature strip printed on the back. Consumers with credit cards can shop or spend in specialized commercial service departments, and then banks will settle accounts with merchants and cardholders. Cardholders can overdraw within a certain amount.

The credit card stipulated in the relevant laws of China (Interpretation of the NPC Standing Committee on the Provisions on Credit Cards in the Criminal Law of People's Republic of China (PRC)) refers to the electronic payment card issued by commercial banks or other financial institutions. It has all or part of the functions of consumption payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the standard of English translation and writing in the field of public service was formally implemented, and it was stipulated that the name of credit card with English as the credit card standard was credit card.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when spending, and it will be repaid on the day of collection.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to the credit card that the cardholder has a certain credit limit and can repay before spending within the credit limit; Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of petty cash according to the regulations, and when the balance of the petty cash account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally only refer to credit cards.

From 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.05% of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).

On May 25th, 20021year, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.

This concludes the introduction of how to apply for credit card activation and whether to apply for credit card activation in the bank. I wonder if you have found the information you need?