Reply
Valued Member
Posts: 36
Registered: ‎06-23-2007
0

I don't want the card!!

 

 

I was approved for a card but it has a high AF and Maintenance Fee.  I DON'T want the card.  If I don't activate the card does that mean that the account is never officially opened or do I have to call and tell them to cancel?


Starting Score: 624
Current Score: 691
Goal Score: 750+


Take the FICO Fitness Challenge
New Member
Posts: 5
Registered: ‎02-21-2012
0

Re: I don't want the card!!

At this point, it will report even if you don't activate it.

New Contributor
Posts: 68
Registered: ‎10-22-2010
0

Re: I don't want the card!!

If you dont activate the card, you wont have to pay the annual fee and your card will report to the credit bureau's as closed for next 10 years . You can also call them and cancel the card, they might offer to waive the annual fee.

Senior Contributor
Posts: 3,322
Registered: ‎05-05-2011
0

Re: I don't want the card!!


cldavis04 wrote:

 

 

I was approved for a card but it has a high AF and Maintenance Fee.  I DON'T want the card.  If I don't activate the card does that mean that the account is never officially opened or do I have to call and tell them to cancel?


Curious as to whyy you would app for a CC with high fees if you didn't want it. Anyway, to answer your question: in all liklihood, the card will still report on your CR as a new acct and affect your AAoA. I'd call the CCC and tell them you changed your mind and don't want the CC as aks if they will NOT report it to the CRBs. . It's really up to them to choose NOT to report it to the CR. Usuallly it will report and there's nothing you can do.

~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*~*
EQ FICO 750 | TU FICO 761 (Walmart) | EX FAKO 767 | Goal: 800+

Edits, funky spacing and spelling due to my iPad not getting along with the forum editor!

Valued Contributor
Posts: 2,982
Registered: ‎02-09-2012
0

Re: I don't want the card!!

^^^^^^^^This.  It's in big bold numbers, is it not?

5/2012: 560 credit scores across the board and $500 secured CC
12/2014: 750+ scores across the board and $80k in revolving credit

Get those baddies removed!!!
Valued Member
Posts: 36
Registered: ‎06-23-2007
0

Re: I don't want the card!!

 

 

Thank you everyone for your responses. 

 

I am still in the rebuilding stage.  I originally applied for a card that I felt I had a chance of obtaining.  Then after talking with some other posters who had similar scores and reports, I applied for a better card with no AF and lower interest rate.  I was approved for that card with a much higher credit limit than the initial card (MC).  Had I known that I would have a chance of getting the Discover card initially, I would never have applied for the other card.


Starting Score: 624
Current Score: 691
Goal Score: 750+


Take the FICO Fitness Challenge
Established Contributor
Posts: 607
Registered: ‎09-08-2011
0

Re: I don't want the card!!

Don't leave anything to chance. Call a cancel the account. I would also confirm no AF has been assessed.


Starting Score: TU:676;EQ:648 8/2011
Current Score: TU:738; EQ: 739 ;EX: 729 6/2012
Goal Score: 760


Take the FICO Fitness Challenge







Current Score: 800
Goal Score: 850

Take the FICO Fitness Challenge
Established Contributor
Posts: 1,048
Registered: ‎12-12-2011
0

Re: I don't want the card!!


cldavis04 wrote:

 

 

I was approved for a card but it has a high AF and Maintenance Fee.  I DON'T want the card.  If I don't activate the card does that mean that the account is never officially opened or do I have to call and tell them to cancel?


What card is it?

Walmart / SYNCB - 1,000/12,000 | JCP MasterCard / SYNCB - 5,500 | Dillard's / Wells Fargo - 5,000 | Amazon / SYNCB - 1,000 | Belk / SYNCB - 3,000 | Aeromexico Visa / US Bank - 300 | Capital One - 500/3,700 | Bank Of America 123 Cash Back - 12,000 | Wells Fargo - 300 | AMEX Hilton HHonours - 2,000 | PenFed Platinum Rewards Visa Signature - 30,000 | PenFed Travel Rewards AMEX - 10,000 | PenFed PLOC - 5,000 | PenFed Thrifty Credit - 500 | Discover IT - 8,800 | Wyndham / Barclays - 2,500 | Citi Simplicity - 3,800 | Amazon.com Visa Signature - 5,000 | Chase Freedom Visa Signature - $6,200.
Valued Member
Posts: 36
Registered: ‎06-23-2007
0

Re: I don't want the card!!

 

 

It's the BestBuy Reward Zone Master Card.  It automatically applied and approved me for this card when it wouldn't for the store card when I completed the application online. 

 

 


Starting Score: 624
Current Score: 691
Goal Score: 750+


Take the FICO Fitness Challenge
Established Contributor
Posts: 1,048
Registered: ‎12-12-2011
0

Re: I don't want the card!!


cldavis04 wrote:

 

 

It's the BestBuy Reward Zone Master Card.  It automatically applied and approved me for this card when it wouldn't for the store card when I completed the application online. 

 

 


I wanted that card! I know people will think that I'm crazy but after capital one has it it will be a lot better. I don't care what anyone saids I love capital one!

Walmart / SYNCB - 1,000/12,000 | JCP MasterCard / SYNCB - 5,500 | Dillard's / Wells Fargo - 5,000 | Amazon / SYNCB - 1,000 | Belk / SYNCB - 3,000 | Aeromexico Visa / US Bank - 300 | Capital One - 500/3,700 | Bank Of America 123 Cash Back - 12,000 | Wells Fargo - 300 | AMEX Hilton HHonours - 2,000 | PenFed Platinum Rewards Visa Signature - 30,000 | PenFed Travel Rewards AMEX - 10,000 | PenFed PLOC - 5,000 | PenFed Thrifty Credit - 500 | Discover IT - 8,800 | Wyndham / Barclays - 2,500 | Citi Simplicity - 3,800 | Amazon.com Visa Signature - 5,000 | Chase Freedom Visa Signature - $6,200.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.