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? asked in Business & FinanceCredit · 2 weeks ago

How can I owe a balance when I've not even used C.C. yet?

Several weeks ago I applied for a credit card and was approved.  The card came a few weeks later and I've probably had it activated maybe 2 weeks. This weekend I received a statement from the CC company saying I owed $75 even thought the beginning balance was showing at zero dollars and I've not even used the card.  How is it I owe  bill and the card has never been used?

12 Answers

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  • ?
    Lv 6
    2 weeks ago

    Call the credit card issuer and ask.

    Source(s): common fucking sense
  • 2 weeks ago

    Is there an annual fee associated with the card?  That is probably it.

  • 2 weeks ago

    It's most likely the annual fee. If you got a credit card without reading the agreement, surprise!!  That's what happens. READ YOUR STATEMENT.  It shows what your purchases AND fees are. READ YOUR AGREEMENT before signing. 

  • 2 weeks ago

    Annual fee.....read the small print.

  • ?
    Lv 7
    2 weeks ago

    An annual fee perhaps? Read the credit card disclosure form that came with the credit card.

  • 2 weeks ago

    My guess is that it is the annual fee that you agreed to when you applied for the card.

  • ?
    Lv 7
    2 weeks ago

    Is it American Express. American Express used to charge me $50 for an annual fee, but I do get some pretty cool stuff like an event leather planner. 

    Did you check to see if there’s an annual fee. That’s probably what you’re paying. The statement should have a list of all the charges. 

  • 2 weeks ago

    The most likely scenario is that the card you applied for charges an annual fee which you pay up front.

  • DON W
    Lv 7
    2 weeks ago

    Sounds like the card had a fee associated with it.  Such fees are bad news.  Did you carefully check out the terms and conditions for the credit card when you applied for it?

  • 2 weeks ago

    What is the $75 for?

    If it's a charge for having the credit card, then you owe it.

    If it shows you purchased something and didn't, then you call the credit card company ASAP and get it fixed.

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