Will credit cards expire, Zhihu?

At present, the validity period of credit cards is generally between 3-5 years, but there are also bank credit cards that are 8 years. For example, the credit card of Guangfa Bank has a five-year term, while the Wumart credit card of China Construction Bank has an eight-year term. So we must pay attention to this when handling credit cards. Before the expiration of the validity period, if the cardholder fails to notify the bank to terminate the use of the card and go through the cancellation procedures, the bank will automatically issue a new credit card to the cardholder. Before the card expires, the bank will remind the cardholder by phone, SMS, email, etc. In the process of re-making a new card, there are many procedures such as checking information, mailing a new card, and re-opening the card. Although these procedures have played a role in the process of card replacement, they also require banks and cardholders to spend a lot of communication costs. For banks, every time they issue a card, they borrow a sum of money. If the cardholder forgets to report the loss after losing the card, or the cardholder maliciously overdraws for a long time, even after the cardholder dies, the credit card has been fraudulently used, which will lead to the formation of "bad debts". In case of the above situation, the existence of "validity period" can ensure the bank's money to flow out in time.

Precautions for credit card holding:

1. If you have a bad credit history, don't cancel your card in a hurry.

Under normal circumstances, once the credit card is received and the account is cancelled, there will be no more expenses in the card. However, it is necessary to remind cardholders that account cancellation cannot be "reckless".

Usually, the bank will check and keep the personal credit information of users in the last two years. If there is a bad record before closing the account, the information will always be placed in a prominent position at the top, which is easy for the bank to refer to. In this case, it is recommended to continue to use credit cards, develop good repayment habits, gradually accumulate good records, and compress bad records to the corner until you quit the information records of these two years.

2. Remember to confirm that the credit card is invalid when it expires.

Although many credit card regulations stipulate that credit cards will automatically expire after expiration, some credit cards issued by banks have not been stopped after expiration, which brings economic security risks to cardholders. It may be that the card was abandoned by others and stolen, or it may happen that "the annual fee continues to be generated" and "the interest is generated and the arrears are caused". This situation belongs to poor bank management, and cardholders should pay for the arrears caused by the expiration of credit cards.

However, it is necessary to remind cardholders that in order to prevent such troubles, it is best to remember to confirm with the issuing bank whether the credit card has expired, and cut off the magnetic stripe of the expired credit card when the card expires.

3. Loss reporting due to account freezing does not mean that repayment is not required.

The bad record caused by the annual fee is the first record in principle, and you can apply for cancellation of the record. In addition, the freezing and loss reporting of accounts cannot be exempted conditions.

Remind cardholders that when freezing or reporting the loss of the credit card in use, if there is still money in the card to be repaid, they should continue to repay it until it is paid off before the repayment date. If the default behavior caused during this period will also be entered as a bad credit information application.

[img] I haven't used my credit card for four years. Will it expire?

I will. Credit cards have a validity period. You can use them during the validity period, but you can't use them after the validity period. China Bank's credit card is expired and invalid. You can apply for a new card after it expires. 1. If "automatic card replacement" is selected when handling the card, the system has already replaced a new card, as long as I bring my ID card information to the bank to get the card; 2. If "automatic card replacement" is not selected, you can first call China Bank Telephone Banking (95566) to inquire about card replacement, and then go to the counter of China Bank Business Hall to apply for a new card.

Will the credit card expire?

It will expire. Credit cards are valid.

Take Pudong Development Credit Card as an example:

The front of the card will be marked with the expiration date of the validity period. The validity period stipulated by different banks is different, and the bank shall prevail.

Extended data:

Common credit card terms:

1. Credit limit:

This is a quota for you after approval by our center. You can sign your name on your account and withdraw cash within the limit. This credit line can be used for USD and RMB * * *, as well as the main card and supplementary card * * *.

2. Cash withdrawal amount:

This is the maximum amount that our center allows you to withdraw cash through this card. The withdrawal limit is included in the credit limit.

3. Available lines:

This is the unused credit limit in your card. After each consumption or withdrawal, the available amount will be reduced accordingly, but after each repayment, your available amount will be restored accordingly. You can check your exact available quota through the 24-hour customer service hotline, or you can calculate the available quota through the following formula for your reference.

4. Interest-free period:

Available line = credit line approved by the center-unpaid bill debt-unrecorded but occurred transaction amount-other related interests and expenses.

References:

Pudong Development Credit Card Center-Special Terms and Conditions

Pudong Development Credit Card Center-Credit Card Illustration

Will the credit card expire?

Credit cards are usually valid for three to five years. If the credit card expires, you can directly call the credit card customer service hotline to ask about replacing the credit card. Bank customer service will tell you the specific steps.

In fact, the validity period of a credit card is marked below++. Generally, after the English word "date", it consists of two groups of numbers and slashes. For example, 06/24 means that this credit card is valid until June 2024, and users can change their credit cards one month before it expires.

If the user's personal information changes in the process of using the credit card, he can call the customer service hotline of the bank and tell the bank his current mobile phone number and mailing address, and the bank will mail the user a new card according to the new address.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc.

20 17 12 1 The English Translation and Writing Standard for Public Service was formally implemented, which stipulated that the English name of CreditCard was Credit Card.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate). On May 25th, 20021year, the Supreme People++promulgated and implemented the Provisions of the Supreme People++on Several Issues Concerning the Trial of Civil++Cases of Bank Cards.

How many years is the credit card valid?

Credit cards are usually valid for about 3 or 5 years. After the expiration date, the credit card cannot be used. Under normal circumstances, the validity period can be seen on the bank credit card. Bank credit cards can be marked in English or Chinese.

The validity period of a credit card is generally below++on the front of the credit card, and generally consists of four numbers and a slash, such as119, which means that the credit card will be invalid when it ends at19. If the newly applied credit card has not been activated, it cannot be activated after the expiration date.

After the credit card expires, if you want to continue to use it, you can contact the bank to replace it. The new card cannot be used until it is activated. After activation, the billing date and repayment date remain unchanged, and the original card function is inherited.

Note: Although inactive credit cards can automatically expire, many high-end credit cards will incur annual fees even if they are inactive. If they forget to pay the annual fee, it will be overdue and uploaded to the credit information center. Such a bad record will affect the future loan to buy a house or a car.

There are many ways to activate credit cards, such as telephone activation, counter activation and online activation. Among them, it is more convenient to make a phone call. After the call, it will be transferred to manual service, and the staff will activate it after verifying the message. Moreover, the customer service phone is open 24 hours a day and can be activated at any time.

The emergence of credit cards has really brought convenience to our lives.

Will the credit card expire? Will the credit card expire? Zhihu's introduction ends here. Did you find the information you needed?