11-13-2012 04:08 PM
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.
11-13-2012 04:55 PM
But then you just wasted a hard pull. Why not just keep the credit card?
11-13-2012 05:00 PM
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
11-13-2012 06:01 PM
If you dont activate a card that you regret applying for will that card close by itself and not report to the bureaus?
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.
11-13-2012 06:51 PM
If it doesnt have an AF might as well throw it in the SD
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.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.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.