The annual fee cycle will be recalculated after the credit card expires. Generally, if a credit card is not activated, there will be no annual fee, but it should be treated in a special way. For example, some high-end, customized credit cards will charge an annual fee immediately after card inspection, and there may be some special process business card printing fees, so you need to consult the customer service of the issuing bank.

Card users are advised that if the credit card is useless, there is no need to change it after it expires, which will automatically become invalid, so as to avoid the influence of overdue or stolen credit card on personal credit information.

First of all, the hazards of letting credit cards expire:

Although many banks have indicated that their credit cards can be exempted from the annual fee, this is only in the first year of card application, and cardholders cannot be exempted from this part of the fee unless the number of swipes or the amount is within the annual fee range. In other words, if the credit card cannot be used when it expires, the cardholder will leave it alone (not to cancel the card), and this card will also generate an annual fee. Credit cards, unlike bank cards, will not be automatically cancelled after expiration. )

If the cardholder fails to pay the annual fee in time, it will be regarded as overdue, thus leaving a bad credit record and affecting subsequent loans such as mortgage and car loan. Therefore, if the credit card has expired, even if the cardholder doesn't want to continue using it, he can't let go.

Second, the correct way to deal with expired credit cards:

After the credit card expires, the correct way for the cardholder should be to cancel the card.

You can return the card through the bank phone and the counter. The card withdrawal cycle of most banks is one and a half months. For the cardholder, the cancellation of the card has not been completed, and the following matters still need attention:

1. No matter how to return the card, the cardholder needs to call the bank in time to confirm whether to cancel the account. After all, you can't return the card, and the customer information will inevitably stay. In order to protect your information security, you'd better apply to the bank for account cancellation.

2. Since the card withdrawal cycle of most banks is 45 days, if the cycle just spans the annual fee period, an annual fee will also be generated. Therefore, after the cardholder returns the card, he still needs to pay attention to the annual fee cycle of the bank to avoid arrears.

3. After the credit card is cancelled, the information on the magnetic stripe still exists. If it is used by criminals (such as reapplying for a new card from the bank, etc.). ), there will be a danger of stealing cards. Therefore, after the credit card is successfully cancelled, the cardholder had better cut the card.