{"id":1790,"date":"2020-11-08T11:04:57","date_gmt":"2020-11-08T07:04:57","guid":{"rendered":"https:\/\/moneymall.ae\/credit-blog\/?p=1790"},"modified":"2020-11-08T11:05:07","modified_gmt":"2020-11-08T07:05:07","slug":"not-activating-your-credit-card","status":"publish","type":"post","link":"https:\/\/moneymall.ae\/credit-blog\/not-activating-your-credit-card\/","title":{"rendered":"Not activating your credit card is bad, here&#8217;s why"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">You must already know that your credit card account is already made when you get your credit card. However, there is one more crucial step that goes into it before you can start using your brand new credit card. <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Credit card Activation!<\/strong> <\/span><span style=\"font-weight: 400;\">But <\/span><\/p>\n<h1><span class=\"ez-toc-section\" id=\"Ever_wondered_what_exactly_happens_when_you_dont_activate_your_credit_card_Lets_find_out\"><\/span><strong>Ever wondered what exactly happens when you don\u2019t activate your <a href=\"https:\/\/moneymall.ae\/best-credit-card-in-uae\/\">credit card<\/a>. Let\u2019s find out.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a232900a3916\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a232900a3916\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/moneymall.ae\/credit-blog\/not-activating-your-credit-card\/#Ever_wondered_what_exactly_happens_when_you_dont_activate_your_credit_card_Lets_find_out\" >Ever wondered what exactly happens when you don\u2019t activate your credit card. Let\u2019s find out.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/moneymall.ae\/credit-blog\/not-activating-your-credit-card\/#Introduction\" >Introduction<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/moneymall.ae\/credit-blog\/not-activating-your-credit-card\/#What_happens_when_I_dont_activate_my_credit_card\" >What happens when I don\u2019t activate my credit card?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/moneymall.ae\/credit-blog\/not-activating-your-credit-card\/#Does_no_activation_of_my_credit_card_affect_my_credit_score\" >Does no activation of my credit card affect my credit score?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/moneymall.ae\/credit-blog\/not-activating-your-credit-card\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<figure id=\"attachment_1795\" aria-describedby=\"caption-attachment-1795\" style=\"width: 1920px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/moneymall.ae\/credit-blog\/not-activating-your-credit-card\/rupixen-com-q59hmzk38eq-unsplash\/\" rel=\"attachment wp-att-1795\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1795\" src=\"https:\/\/moneymall.ae\/credit-blog\/wp-content\/uploads\/2020\/11\/rupixen-com-Q59HmzK38eQ-unsplash.jpg\" alt=\"Credit Card Activation\" width=\"1920\" height=\"1280\" \/><\/a><figcaption id=\"caption-attachment-1795\" class=\"wp-caption-text\">Credit Card Activation<\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><strong>Introduction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">We all go through the process of getting that new and shiny credit card that is capable of many handy perks along? But often amidst the hustle-bustle of life and for reasons like, the rewards are not worth the annual fee associated with the card or the welcome bonus isn\u2019t that attractive anymore; we on the way simply stop using the credit card. Whatever the reason might be, if you\u2019re on that boat already, you can seriously consider an alternative. Not activating that credit card at all. Yes, that\u2019s right. That will get you right out of your dilemma. But will it, though?<\/span><\/p>\n<p><em><span style=\"font-weight: 400;\">The reason for the hesitation is that your credit card account gets set up the moment you get your credit card. If you\u2019re thinking that not activating the card will just make the account disappear, that does not happen (unfortunately). Not activating your new credit card might impact your credit score in multiple ways. Here\u2019s how&#8230;<\/span><\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_happens_when_I_dont_activate_my_credit_card\"><\/span><strong>What happens when I don\u2019t activate my credit card?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Since your account is considered open and running from the day your Credit card is issued, there are still some problems that might occur if you don\u2019t activate your card at all. The most basic consequence of not activating your credit card is that you won\u2019t be able to use the card. Simple. The activation of the card is a process that is designed to make the usage of your credit card more secure. There are other consequences too.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your bank or credit card company or financial institution might try to contact you if you have not activated your credit card after a certain number of days or weeks. Mostly, this time ranges from between 45-60 days of the receipt of your credit card. After that time has been elapsed, you might have to request a new card from the same provider (if you want one) because the existing card will have expired.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Does_no_activation_of_my_credit_card_affect_my_credit_score\"><\/span><strong>Does no activation of my credit card affect my credit score?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When you apply for a credit card, there is a formal inquiry that is held into your credit record &#8211; credit history and credit scores. The inquiry into your credit might bring your credit score down by a few points but that will soon get compensated with your new card (or a credit line, whatever applies). Usually, the non-activation of a credit card does not affect your credit score directly. This might come as good news to someone who applies for a lot of credit cards but never uses them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if you do this frequently, there are some things that you must look out for. For starters, you should be aware whether the card you are not activating has an annual fee. Card issuers have been known for charging annual fees even if you have not activated the card in the first place. These issuers usually charge your bill on the first bill of the year, or on the anniversary of your card\u2019s opening. The fee usually shows up on your credit card statement for that month, and if you miss that, it can easily become a missed payment and accrue interest month after month without your knowledge. This amount, mostly small, can become a big amount due to the hefty interest rates that are charged on credit balances that are carried month on month.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This means that even if you do not activate your card, you are still liable to pay the annual fee of the card. This can directly affect your credit score. You should also consider how getting a new credit card and not activating it affects your credit score. This is actually a positive benefit. If you get a new credit card and never activate it, it lowers your credit utilization ratio, which helps to increase your credit score over time. However, even though lowering your credit utilization might be an excellent advantage, that may impact your account status. If your credit card is not activated, your account might get closed. This might reflect poorly in your credit report, which is often pulled when you\u2019re looking for lines of credit that you actually want in the future.<\/span><\/p>\n<h2><\/h2>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Hence, while there might be some advantages here and there of not activating your credit card, there are more disadvantages. It is better to activate your credit card and then make some small payment here and there so that your credit score does not have to bear the brunt of it. This way, you and your credit report stay out of harm\u2019s way!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You must already know that your credit card account is already made when you get your credit card. However, there [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[2,4],"tags":[458,60,457],"class_list":["post-1790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-credit-cards","category-credit-score-report","tag-activate-your-credit-card","tag-credit-card","tag-credit-card-activation"],"_links":{"self":[{"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/posts\/1790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/comments?post=1790"}],"version-history":[{"count":4,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/posts\/1790\/revisions"}],"predecessor-version":[{"id":1794,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/posts\/1790\/revisions\/1794"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/media\/1795"}],"wp:attachment":[{"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/media?parent=1790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/categories?post=1790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneymall.ae\/credit-blog\/wp-json\/wp\/v2\/tags?post=1790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}