Many cardholders have expired or lost their credit cards, so they have to reissue new cards, but the old cards have not been paid off. So will they continue to repay after changing their cards? Which card should I return for repayment? Let's have a look.

1. Do I have to return the credit card?

That's for sure. As long as the credit card has arrears, no matter what the current card status is, it must start repayment after the bill comes out and pay off the current arrears before the end of the final repayment date. Credit cards with time difference can be extended to 2~3 days after the final repayment date.

If you don't think you need to return the card, there can only be one consequence, that is, overdue. Not to mention the impact of overdue, everyone should know that in addition to the penalty interest and the impact on credit, once the overdue time exceeds 3 months, the bank effectively collects it twice, and the principal owed reaches 50,000, there may be jail time.

2. How to return the credit card?

First of all, we need to find out whether the card number will change after changing the card.

If the card is changed, the new card number is the same as the old card number, but the validity period and security code are different. In this case, as long as the debt is paid off and the repayment amount can be paid on time, it can be directly returned to the old card.

If it is a replacement card, the new card and the old card may be different in terms of card number, validity period and security code, but the new card will carry all the information of the old card after activation, so both the old and new cards can receive repayment normally, but it is best to cut the old card after the new card and repay it directly to the new card later, which is the safest.

As for the specific repayment methods, mobile banking repayment and third-party channel transfer repayment will do. I won't say much about this, as long as I choose a channel that can repay for free.