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Hi all,
I am planning to close one of my accounts once the dispute on this account is settled. However this very bank sent me a platinum signature card and I'm wondering what to do with it - to keep it active or close it.
I didn't physically activate the card till now, so can a crook use it in any way? Another consideration is that if I don't activate the card within a certain time frame, will it trigger a fraud alert or freeze? I heard Discover reissues another card if there's no activity for 2 months.
What should I do?
card active
Hi Indee,
Yes, banks do close down an account after a period of inactivity. This time period varies from bank to bank. However, in your case I think you can talk to the bank about the problems you are facing. In addition ask them if this account can be closed down.
Thanks,
Aaron