I was getting heck lot of credit card offers from different companies but I gave a hang to all of them.Couple of weeks ago I accepted one and later found out there were so many fees associated with it.So,I donn wann it no more.The thing is I already got my card but havent activated it.Infact,I donn wanna use that card.Does it affects my credit history if i just didnt use that card or in simple terms just deny to use it now??So,FOLKS what could be the way out??

   Any kind of helpful suggestion deserves a vote of THANKS!!

Just cancel the card. What's the big deal?

If i cancel the card,does it affect my credit history in any way??

Dont activate, dont use, it will be fine...

Bank may call you later (1-2 months) to ask why you havent activated the CC, tell them you don't want to use it.

Everything will be fine.

Call the 800 number and ask to opt-out getting the credit card offer in the future.

 

If u activate the credit card and didn't use for a long interval of time then that may probably affect your credit history as well bank will decrease your credit limit too. as far unless u didn't activate your new card it won't affect your credit history. simply cancel it if u don't like and try other one. I recommend you chase reward card or citi student card.

Thanks everybody for yo ministrant inputs.......In fact Bimala,I m using the citi student card and discover card.I wont activate the card,prolly throw that in the dumpster...end of the story!!!

I am satisfied with the citi student card but I do not have idea about the discover card. In fact what are the hidden fees they are charging you?

i am pleased with both citi and discover cards so far........i got screwed when i accepted the card from HSBC...HSBC do charge annual fee and there were bunch of others which i donn even have clue...i made an online account the same day i accepted the card and when i logged in a week ago,i already owe them hundred and sth with out even activating my card......aint that piece of crap??