cancel
Showing results for 
Search instead for 
Did you mean: 

Not activating cards.

Senior Contributor

Not activating cards.

If you dont activate a card that you regret applying for will that card close by itself and not report to the bureaus?

Banking with CBofTV, BofH, and BBVA. All three are free checking accounts.
First Premier CC $500
Chapter 7 BK Discharged on 7/11/16
Equifax, Experian, Transunion, and ChexSystem are FROZEN.
Gardening Since 10/25/2017
Message 1 of 10
9 REPLIES
New Contributor

Re: Not activating cards.

I don't think so. The account is still open even if you didn't activate the card. I applied for the Chase BP Visa two years ago but I never activated or used it. It still reports on all three credit reports.

Scores: EQ-798 EX-802 TU-786

CC: |Amex PRG - NPSL| |Citi Simplicity - 22.6K| |CapOne No Hassle Rewards - 20K| |Chase Freedom 17.5K| |CSP 15K| |Discover IT - 7.8K| |Discover More - 6.1K| |GE PC Richard - 4.5K| |Amex Delta Gold - 3.5K| |Citi Goodyear - 2.5K| |CapOne Kohls - 1.5K| |GAP - 1.5K| |Macy's Amex - 1K| |Ann Taylor - 0.5K| |NY&C - 0.5K|
Message 2 of 10
Senior Contributor

Re: Not activating cards.

Oh okay thanks for sharing and letting us know.

Banking with CBofTV, BofH, and BBVA. All three are free checking accounts.
First Premier CC $500
Chapter 7 BK Discharged on 7/11/16
Equifax, Experian, Transunion, and ChexSystem are FROZEN.
Gardening Since 10/25/2017
Message 3 of 10
Established Contributor

Re: Not activating cards.

Correct me if I am wrong, but you have a small grace period where you can cancel a new card you just app'd for and the card will not report at all.

Message 4 of 10
New Contributor

Re: Not activating cards.

But then you just wasted a hard pull. Why not just keep the credit card?

Scores: EQ-798 EX-802 TU-786

CC: |Amex PRG - NPSL| |Citi Simplicity - 22.6K| |CapOne No Hassle Rewards - 20K| |Chase Freedom 17.5K| |CSP 15K| |Discover IT - 7.8K| |Discover More - 6.1K| |GE PC Richard - 4.5K| |Amex Delta Gold - 3.5K| |Citi Goodyear - 2.5K| |CapOne Kohls - 1.5K| |GAP - 1.5K| |Macy's Amex - 1K| |Ann Taylor - 0.5K| |NY&C - 0.5K|
Message 5 of 10
Valued Contributor

Re: Not activating cards.

you took the hit and the damage is done, might as well let it grow.
5/2012: 560 credit scores across the board
12/2014 750+
3/2017 780+
5/2017 800+
Message 6 of 10
Established Contributor

Re: Not activating cards.


BearsAndTurtlesRtheBest wrote:

If you dont activate a card that you regret applying for will that card close by itself and not report to the bureau


sometime ago a friend of mine had been sent a new citi card for renewal and he didn't activate it (he thinks he shreaded it) and the account was automatically closed after a certain period of time and for right now its still on his credit reports and it reads "closed by consumer" He's leaving it go cuz it was of no use to him, as he has a $19,000 BOA card that he has had open since like 1962 or 1972 or somthing like that. (it was FIA but then they recently sent him a BOA Card). lol

Capital One QuickSilver MC $4.5K | Walmart $5K (CLOSED) | BOA Cash Rewards Sig $6.5K | BOA BBR $1K | Discover IT $13.5K | AMEX Sr Green Charge (NPSL) | PNC CashBuilder $1.5K | Paypal Extras MC $6k | PNC Auto Loan $20,038.75 | AMEX SimplyCash Biz CC $3k | BOA Cash Rewards Biz CC $3.5K | Chase Freedom Sig $8K | CapOne Spark BIZ Cash Visa Sig $5k | AMEX SimplyCash Biz CC $10k (LLC) | AMEX Everyday $2k | Sallie Mae WMC $6.4K | Citi Double Cash WEMC $6.2k | DCU Visa Platinum $1K (CLOSED0 | PSECU Visa w/PSL $8k | Chase Ink Cash BIZ Sig CC $3k | FNBO Biz Visa $9.5K | AMEX SimplyCash Plus BIZ CC $10k | Fidelity Rewards Visa Sig $4.7k | AARP Visa $500 |
Message 7 of 10
Established Contributor

Re: Not activating cards.


BearsAndTurtlesRtheBest wrote:

If you dont activate a card that you regret applying for will that card close by itself and not report to the bureaus?


Not sure.

 

Does it say anything in the T&C?

 

 

IIRC, I recently read one banks T&C and it said something about activating/not activating the card and what happens or doesn't happen.

 

I can't fully remember, otherwise I would be more detailed.  But definitely check the T&C.

Message 8 of 10
Valued Contributor

Re: Not activating cards.

If it doesnt have an AF might as well throw it in the SD

ccpics2.jpg
Message 9 of 10
Highlighted
Moderator Emeritus

Re: Not activating cards.


beb86 wrote:

If it doesnt have an AF might as well throw it in the SD


Big +1

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 10 of 10