10-11-2012 05:00 PM
I added a sibling as an additional card user on my BCE account. Of course, being that the sibling is only 15, I don't plan on giving the actual card to the said person until the person reaches the age of 18, sort of like a high school graduation +18th birthday present. Here's the deal: I haven't opened the envelope yet because I rather the person open it instead (would-you-give-an-open-present-to-someone type of thing) so the card remains inactivated till this day. Will American Express eventually cancel the card if it is to remain inactivated + unused for the next two years or so? Does this also mean that if inactivated + unusued, the card won't be reported?
10-11-2012 05:33 PM
I'd say activate the card; It may expire before they turn 18. If you want them to be able to open the envelope, order a replacement card a few weeks before they turn 18. They can open and activate that one.
10-11-2012 05:35 PM
I think if it is not activated eventually the AU account will never fully generate. Why don't you activate it, and order a replacement card on the 18th birthday? Once activated, it won't require any use at all.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO