Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
liann906

0 Contributions
0 People Helped
If I apply for a credit card and recieve it in the mail and activate it but don't use for a month..
will I be charged interest during that month? If I have a monthly fee, will that cause interest too?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
179 Contributions
333 People Helped
Most Helpful Response

Get to know your card's customer service

Helpful to 1 out of 1 people

It depends on the terms of the card.... if you are not clear, or you don’t completely understand, the terms of a card, you should always contact the card company directly and find out the specific terms for the card.  Credit cards are offered in SO many varieties, it can be hard to decide which is best for you and how you plan to use it.  Unfortunately this also means that each card will carry terms that can be completely different from any other card; even if the cards are from the same company.  So there's no generic right answer to the question as stated above.  If at all possible you will want to discuss any terms about the card prior to applying for credit with them.  However there will always be small nuances that you will want to understand about the cards you get, so becoming familiar with the card's customer service will always be a bonus when getting a new card; you will usually find a very helpful customer service representative willing to help a cooperative customer asking questions to avoid possible situations down the road.  If not, then it's probably best to cut ties with that company earlier than later.... getting rid of cards with poor terms, or poor customer service, does less damage to your credit score if you close it early on instead of waiting until later when the time of the credit history is actually helping keep your score up and gets reduced by closing the card later.  Just understand that closing any card does have a negative impact to your score initially, and you will likely want to replace that card with one that has better terms or customer service to generate the positive impact to your score that you just lost by closing one.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.