The validity period of a bank card means that after this period, the bank card will become invalid.

Extended information:

After the use date of credit cards or some wealth management cards, some businesses cannot be processed, such as consumption, payment, withholding, ATM withdrawals, etc., but deposits , transfer will not be affected.

Why should we set the validity period of bank cards?

From a physical perspective, physical cards, as a payment medium, are used frequently and will suffer losses after long-term use. This is a reasonable setting. Validity period to avoid affecting the use of the card due to wear and tear. The financial situation of cardholders is constantly changing. Whether it is a credit card or a wealth management card, banks need to re-evaluate the card after it expires and whether to continue to issue cards. Reduce or avoid risks. The cardholder forgot to report the loss after losing the credit card; the cardholder maliciously overdrafted for a long time; the credit card was used fraudulently after the cardholder passed away, etc.