New Delhi, Feb. 13 -- Having a credit card kept away, unused, might easily seem harmless, but it can still have surprising consequences for your credit health. Here's what credit card holders need to know about inactive credit card accounts:

Dormancy and potential closure: Credit card companies in India can declare your card dormant if it is not used for a certain period of time. Typically, this period ranges from six months to one year. Now, policies might vary, the card issuer will likely notify the credit card holder before deactivating the card. This is done to give the credit card holder a chance to reactivate it. Therefore, it is important to remember that prolonged inactivity can lead to the issuer closing the account.

Impact on ...