An expired credit card requires the cardholder to change a new card at the issuing bank, but it is not so simple to change a new card, depending on whether the cardholder meets the conditions for card replacement. At present, the renewal rate of credit cards is only about 80%. Then, do you know the reason why the bank will refuse to renew the credit card after it expires? Come and watch it together.
1. The credit card has expired. The invalid card here is not an expired card, but a card cancelled or frozen by the bank due to some bad behavior of the cardholder, and the card is invalid due to the cardholder's inaction.
2. The credit card has not been activated. Generally speaking, the cardholder needs to activate the credit card after handling the credit card, but not all the people who handle the credit card are expected by the cardholder, so there will be some cases where the cardholder puts the card aside after issuing the card. Then reactivate those cards that have not been activated for many years, which is not allowed.
3. The credit card level has been changed. For example, if a Puka is upgraded to a gold card, the old card cannot be renewed, and only a new card can be issued.