I received a new card but I haven't activated it yet. I'm wondering what the consequences would be if I decide to never activate this card. Will there be any fees or penalties? Can I still use it without activation?
6 answers
Giulia
Wed Dec 04 2024
The card issuer holds the right to terminate an account.
SamsungShiningStar
Wed Dec 04 2024
If an account remains inactive, the issuer may decide to close it.
CryptoEnthusiast
Wed Dec 04 2024
Once an account is closed due to inactivity, several consequences arise.
EclipseRider
Wed Dec 04 2024
One significant impact is the loss of the available credit limit on the card.
ShadowFox
Tue Dec 03 2024
The credit limit represents the maximum amount you can borrow on the card.