A sleeping credit card refers to a card that has not been used for a certain period of time or after the card is opened, or a card that has not been activated after the newly applied card is released. The card is in an initialization state, which is called sleep card. It should be noted that sleep card has to pay an annual fee, otherwise it will have a bad credit record.
After the applicant successfully applies for a credit card, the issuing bank will open a separate credit card account for the cardholder at the issuing bank for shopping, consumption and settlement after cash withdrawal.
Because the credit card application is approved by post, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from being stolen, credit cards have card opening procedures before they are officially opened. Card opening is mainly through telephone or internet. , check the relevant personal information provided at the time of application, and go through the card opening procedures after meeting the requirements. At this time, the applicant becomes the cardholder and can officially start using it after signing on the back of the card. After a credit card is opened, it is generally necessary to set a password for the card.
After accepting a credit card, a credit card merchant or bank shall review the validity of the credit card and the identity of the cardholder.
The credit card has at least the following information on its surface:
Front: name and logo of the issuing bank, credit card type (organization logo) and holographic anti-counterfeiting logo, English or pinyin name, activation date (generally calculated to month) and effective date (generally calculated to month). The chip is attached to the front of the newly issued card, and the chip account and the card magnetic stripe account are two relatively independent accounts.
Back: card magnetic stripe, cardholder's signature column (which must be signed after activation), service hotline, the last four digits or all (to prevent fraudulent use), and credit card security code (the last four digits of the signature column on the back of credit card are used for credit card activation, password management, TV, telephone and online transactions, etc. ).
The merchant and the bank confirm that the credit card is valid and contact the bank for authorization according to the contract signed with the issuing bank. Authorization is to further prove the identity of the cardholder and the amount that can be used. Authorization is generally carried out when the usage specified in the contract is exceeded.
After receiving the authorization notice, the issuing bank will issue an authorization instruction according to the balance of the cardholder's deposit account and the agreement that the bank allows overdraft, and reply whether to agree to the transaction.
Can I use a credit card to sleep? There are two possibilities!
A card friend was rejected when he applied for a bank loan, because a sleeping card in his name was overdue, but this card has never been activated. Why is it overdue? In fact, although the credit card is asleep, it may be charged. In this case, it is suggested that sleep card should be activated to pay off its debts and use it for a period of time before applying for a loan. So, can I sleep with a credit card? Let's have a look.
1. What does the credit card sleep state mean?
There are two situations here:
1. The credit card has not been used for a long time, especially once in a year;
2. The newly applied credit card has not been activated and is in an uninitialized state.
Second, can a credit card sleep?
First, look at the validity period of the credit card. If it expires, it can't be used. If you want to use this card, you must reapply. Can't use, sleep card suggested to cancel. You can call the customer service of the issuing bank to apply for cancellation, provided that the credit card has no arrears and balance.
If it doesn't expire, it usually does. You only need to activate your credit card to use it. As for how to activate, there are many ways, but the most reliable and direct way is to call the customer service of the issuing bank, so that you can consult the status of the card. Secondly, it can be activated by customer service, which can kill two birds with one stone.
The above is "Can I sleep with a credit card?" . As can be seen from the above introduction, as long as the sleep credit card has not expired, it can be activated. If you don't know how to use it, the best way is to call the credit card customer service directly. I would like to remind you that sleeping credit cards are risky. If you don't want to use the card, you'd better cancel it as soon as possible to avoid various consequences.
What does credit card sleep card mean?
The credit cards mentioned in the industry are those that have never been used at all for a certain period of time or a period of time, or the newly applied cards are not enabled or activated, which are called sleep card, or those that have not been used once within one year after being enabled, which are regarded as quasi-sleep, low-use or seldom-used cards.
Sleep card is divided into debit card sleep card, quasi-credit card sleep card and credit card sleep card. Debit card sleep card refers to the card that the cardholder has not initiated for more than 12 months (excluding interest settlement and inquiry) and the deposit balance is lower than 10 yuan; Quasi-credit card sleep card refers to a card with a balance of less than 10 yuan, where the cardholder has not initiated financial transactions (excluding interest settlement and inquiry) for more than 6 consecutive months; A credit card sleep card refers to a card with a balance of less than 10 yuan, where the cardholder has not initiated financial transactions (excluding interest settlement and inquiry) for more than 6 consecutive months.
Sleep card card withdrawal regulations of some banks:
ICBC: If the average daily balance of the account in the current quarter is less than that in 300 yuan, the bank will automatically deduct the 3 yuan management fee and 10 yuan annual fee. If you owe money for one and a half years, the bank will automatically close the account. To restore the use, you need to pay the arrears.
Agricultural Bank of China: If the average daily balance of the account in the current quarter is less than that in 500 yuan, the bank will automatically deduct the quarterly 3 yuan management fee and annual fee 10 yuan. If you are in arrears for 18 months, you will automatically become a "sleeper". When you close your account, you need to pay the arrears.
Bank of China: Debit card charges an annual fee 10 yuan. If the balance is insufficient, arrears will be formed. If you want to cancel or reuse your account, you need to make up the arrears. Accounts with zero balance for one year and not used for three years will be cancelled by the bank.
CCB: If the average daily balance of the account in the current quarter is less than that in 300 yuan, the bank will automatically deduct the 3 yuan management fee and 10 yuan annual fee every quarter. Debit cards with zero account balance and no transaction for three consecutive years (including three years) will be automatically cancelled by the bank.
Bank of Communications: Debit cards charge an annual fee 10 yuan. If the annual fee is not deducted for two consecutive years, the bank will automatically cancel the card for the customer. During this period, if the customer returns the card by himself, he needs to make up the arrears.
China Merchants Bank: If the average monthly balance is less than 1 0,000, the 0 yuan account management fee will be deducted every month, and the bank will not take the initiative to cancel the card. If the customer returns the card voluntarily, he must make up the account management fee owed and cancel the account at any outlet with his ID card and password.
This concludes the introduction of sleep credit card and sleep credit card wake-up. I wonder if you found the information you need from it?