Make sure you destroy your old card as soon as you activate the new one. To activate your credit card, either follow the instructions you receive in your acceptance letter for online activation or call the phone number on your card. The process of how to cancel a credit card that was never activated varies by each credit card issuer but generally, the issuer will reach out to you if you wait too long to activate your new credit card.
If the credit card company calls you, this call can serve two purposes. On your end, this call gives you an easy opportunity to let them know you want to close your account. If you want to get any fees waived like an annual fee on a new card, also confirm with the customer service rep that those fees will be dropped and get confirmation of this in writing, as well as confirmation of your request to close your account.
For extra confirmation, you can send a letter to the credit card company via recorded mail stating the date the account was closed, as well as your name, the last four digits of your account and any other important details.
Once your account is closed, properly dispose of the credit card. You can do this yourself or return it to the issuer in person or by mail. Ignoring this new credit card can lead to paying fees without reaping any of your cardholder benefits.
In addition, you can damage your credit score if you forget to make payments on interest or fees and you may have to go through the hassle of requesting a new card if you wait too long to activate the first one. How We Make Money. Jacqueline DeMarco. Written by. Edited By Grace Pilling. Edited by. Grace Pilling. Reviewed By Barri Segal. Reviewed by. Barri Segal. Barri has written in the personal finance vertical—including credit cards—for more than 20 years.
She currently identifies and reports on news and top trends in the credit …. Share this page. Bankrate Logo Why you can trust Bankrate. With this combination of expertise and perspectives, we keep close tabs on the credit card industry year-round to: Meet you wherever you are in your credit card journey to guide your information search and help you understand your options. Consistently provide up-to-date, reliable market information so you're well-equipped to make confident decisions.
See all brands. Inactivate cards and security. The Apple Card is a great recent example. Apply now View details. This is a higher-than-average welcome offer for a card with no annual fee. Having 6 months to earn a welcome offer is a rare benefit as most cards give you only 3. Compare up to 4 providers Clear selection. Do you need to activate a credit card? Typically, yes, especially if you intend on using your physical card for purchases.
How do I know if my credit card is activated? How long after activating my credit card can I use it? If your credit card requires activation before it can be used, you can typically use it immediately after the activation process.
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The lender makes a hard inquiry into your credit at the time of a card application, and that can lower your score SHARE: Tweet. Advertiser Disclosure. Editorial Disclaimer The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars.
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