Frequent Contributor
TheConductor
Posts: 491
Registered: ‎07-24-2012
Re: what happens if you don't "Activate" your card?

 


webhopper wrote:
The credit card companies want to use the time that you call in to cross sell you on additional products such as "wallet protector"

True in some cases, but not all. AmEx didn't upsell me anything, nor did Chase on my debit card (though I may find out they do differently for credit when I activate my Freedom). 

 

The main thing activation does for the companies is verify that the card is in the hands of the person it was delivered to. It also verifies your phone number for them if you activate via phone. The accounts are typically active already, but these little bits of data housekeeping make the people in their risk management departments very happy.  :smileyhappy:

Starting: EQ 622 (myFICO 7/7/12), EX 696 (TU FAKO 8/14/12), TU 621 (CK TransRisk 7/24/12)
Current: EQ 674 (myFICO 8/14/14), EX 694 (Prosper 7/17/14) , TU 688 (WalMart 8/5/14) Goal: 700+ x3
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