If the card is not renewed, the system will automatically cancel the expired card. The user does not need to cancel the original card. If there is a balance in the original card, the system will not automatically cancel it until the user has settled the balance. , the system will officially execute the logout. Before formal cancellation, the user can also choose to cancel the cancellation application. Once the cancellation is successful, the card can be restored by canceling the card, but there is no way to restore the account after canceling the account. Therefore, whether the user cancels the card or account mainly depends on whether the subsequent user needs to apply for a credit card from the card issuer again.

How long is the credit card term?

Credit cards issued by domestic banks usually have a validity period of three, five or eight years. Due to different banks, the usage period is also different. The specific validity period is subject to the regulations of the local card-issuing bank.

Each credit card is marked with an expiration date. The first two digits are the expiration month and the last two digits are the expiration year.