Card inactivity

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lorkat89
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Card inactivity

Postby lorkat89 » Fri Jul 07, 2017 2:16 pm

If I use my card every month, but pay the balance don't to $0 before the statement closes. Could my card ever be said to be inactive? Like does it have to report a balance or as long as it's used count?
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CarefulBuilder14
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Re: Card inactivity

Postby CarefulBuilder14 » Fri Jul 07, 2017 2:37 pm

lorkat89 wrote:If I use my card every month, but pay the balance don't to $0 before the statement closes. Could my card ever be said to be inactive? Like does it have to report a balance or as long as it's used count?

I can't think of any issuer that would actually close it. It could, after a few months (I'm not sure how many) be considered "inactive" in the eyes of the credit reporting agencies. That could hurt your score (I think only slightly) but it would only be temporary and your score would recover when the card was "active" again (showing a statement balance).
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TXviking
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Re: Card inactivity

Postby TXviking » Sun Jul 09, 2017 4:32 pm

I agree with the advice you received from CarefulBuilder14. However, if you're risk-averse, here's how you avoid having to worry about it:

Every 90 days, make sure you charge at least one item to each of your cards. Doesn't matter if it's just a $5 item.

Then wait for the statement to show before paying it off. You'll incur no interest that way, but you'll be all but certain to have a balance report on that credit line for that month. For further verification, using CreditKarma will help you see what actually got reported each month to two out of the three big reporting agencies.

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kcm7
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Re: Card inactivity

Postby kcm7 » Mon Jul 10, 2017 10:32 am

YMMV, but I have a USbank card in my wallet I haven't used in more than 2 years, and it hasn't been closed. Granted I have an investment acct with usbank, so maybe that's why.

Agreed with the other advice on this thread. Maybe consider setting your autopay date for, like, 5 days after your statement cuts? That way, you're still avoiding interest and have a balance showing for the credit bureaus.
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rockyrock
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Re: Card inactivity

Postby rockyrock » Wed Jul 12, 2017 8:31 am

kcm7 wrote:YMMV, but I have a USbank card in my wallet I haven't used in more than 2 years, and it hasn't been closed. Granted I have an investment acct with usbank, so maybe that's why.

Agreed with the other advice on this thread. Maybe consider setting your autopay date for, like, 5 days after your statement cuts? That way, you're still avoiding interest and have a balance showing for the credit bureaus.


+1

I have a USAA Amex for over five years that I have never even activated. In fact it's been replaced twice and never had a charge on it. I do have several accounts with USAA tho...
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thom02099
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Re: Card inactivity

Postby thom02099 » Wed Jul 12, 2017 7:02 pm

lorkat89 wrote:If I use my card every month, but pay the balance don't to $0 before the statement closes. Could my card ever be said to be inactive? Like does it have to report a balance or as long as it's used count?


In this exact scenario, where you are using a card, but paying it down to zero before the statement closes, is not inactivity. It is activity. Activity means the card is being used, which you are doing. I have several cards that I've been doing exactly the same thing for years and there's been no problems with the issuing bank.
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dickey1331
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Re: Card inactivity

Postby dickey1331 » Mon Jul 31, 2017 9:05 pm

I have a Alaska USA card that haven't been used in 5 or 6 years and its still active. You should be good but of course YMMV.
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