New Credit Card

Have you activated the card? Called the bank?

i havent yet activated the card or called the company. how does cancelling versus not activating work?

It would depend upon the bank. Some bank would report even an inactive card to the bureaus. Hence, it might affect your score even if you don't activate the card.

just an update, called up tdbank who issued the card, said i dont like the rate and wanted it closed. they didnt put up a fight at all, didnt offer me a better rate. in fact told me flat out there isnt a better rate available. i said fine, just put in writing that it is being closed at my request and my credit will reflect same and close it up! done and done!

If you does not activated this card yet, Please close this Account.

Try to use credit cards minimum times.