Everyone should know that credit cards cannot be used permanently. Each card will be marked with an expiration date. If you do not get a new card after the expiration date, you cannot use it again. And some people are worried that the expiration of the credit card will affect the repayment, and ask what should I do if I still owe money when the credit card expires? Just be careful about how you repay it.

What should I do if my credit card expires and still owes money?

When a credit card expires, it only means that the validity period has expired, but the money owed will not be repaid because it expires, as long as it is not stipulated If you pay the loan on the due date, it will be overdue. The due credit card repayment method must be judged based on two situations. One is to not renew the card upon expiration, and the other is to renew the card upon expiration. The repayment methods will be slightly different.

1. If the card is not renewed upon expiration, the credit card cannot be used after the expiration date. The card cannot be inserted into the ATM machine for repayment, and the repayment can only be made by transferring the card number. If you have activated automatic repayment, you will deposit enough money on the repayment card on the deduction day every month, and then pay attention to the deduction situation on the repayment day. If the deduction fails or automatic deduction is not activated, you can use the card number. Make transfer repayments to ensure on-time repayments.

2. If the card is due for renewal and the new card is activated, the old card will become invalid. Because the accounting information on the old card is transferred to the new card, as long as the new card status is normal, you can pass If you repay in various ways, such as transferring money, inserting a card into an ATM machine, etc., the old card will become invalid.