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Established Contributor
Posts: 739
Registered: ‎06-30-2007
0

when does a account become inactive/unused?

I'm learning to play the credit game quite well,I have a cap 1 card I'm paying off , I won't have much use for it, once I pay it down I shouldn't have a problem getting a rate better than 8.9% I have on the card. my high balance is 97% of CL and is my oldest open CC. So I was wondering how it takes for account to be reported inactive/unused so I can just charge something every so often to keep it active.
People say "Only apply for credit you NEED"

I say "apply for credit you have PRATICAL use of"

I don't have AMEX card because I don't want a card that suffers from PMS
Moderator Emeritus
Posts: 16,385
Registered: ‎03-12-2007
0

Re: when does a account become inactive/unused?



rbbyrbsn wrote:
I'm learning to play the credit game quite well,I have a cap 1 card I'm paying off , I won't have much use for it, once I pay it down I shouldn't have a problem getting a rate better than 8.9% I have on the card. my high balance is 97% of CL and is my oldest open CC. So I was wondering how it takes for account to be reported inactive/unused so I can just charge something every so often to keep it active.


This is a real unknown. Some CCCs might close an account with no activity after 4 months, some 6, others 9 or 12, and some just do not care and will keep your account open indefinitely. 
Credit Profile - FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 27 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: TU 1


Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring World Mastercard ~ Chase Freedom Signature Visa ~ CITI Dividend World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Moderator Emeritus
Posts: 7,326
Registered: ‎06-18-2007
0

Re: when does a account become inactive/unused?

I have had an account with Cap1 for 7 years. They stop charging yearly charge several years ago but still show it as open. It is open on my CR also. I called & asked for a card 2 times in 6 mo. the last time was 2 weeks ago. If I do not get a card by next week, I will write a letter telling them to issue a new card or close my account. I have a $0 balance.
Established Contributor
Posts: 503
Registered: ‎05-01-2007
0

Re: when does a account become inactive/unused?

Use each of your credit cards once evry six months. I did ask my bank that question last eyar. they told em for them it's 2 years but visa will report the account being inactive around 1 year. I think using credit cards once evry six motnhs will beat the credit game. For department store and gas station cards I do not know. That would eb great if soemoen had the answer on those
 
Regular Contributor
Posts: 174
Registered: ‎03-26-2007
0

Re: when does a account become inactive/unused?

Have a PCRichard card have not used since 2003 and still reports current, pays as agreed
and account still open, does not state inactive anywere
 
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Established Contributor
Posts: 578
Registered: ‎06-18-2007
0

Re: when does a account become inactive/unused?

Every lender is different.  Use the card every 3-6 months and you should be safe.
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