How to deal with an expired credit card?

Apply to the bank to change or cancel the card.

1. If the cardholder wants to continue using the card, he or she can apply to the bank to change the card. If the card type used by the cardholder is still issued by the bank, a card of the same type as the old card will be mailed; if the card bank no longer issues the card, the same type of card will be mailed after consultation with the cardholder.

The cardholder will reactivate it after getting the card, and the original rights and limits of the card will remain unchanged.

If the cardholder needs a higher amount, he or she can apply to the card-issuing bank when changing the card, and the card-issuing bank will decide whether to increase the amount based on previous records and credit information.

2. If the cardholder does not want to continue using it, please be sure to apply for cancellation. Although the card has expired, the credit account of the cardholder is actually still there, and the contract between the cardholder and the bank is still there, so the annual fee due for the credit card will still be incurred as usual;

If not By using or canceling the credit card, the credit card may be overdrawn secretly, causing a bad record for the cardholder.

3. If the cardholder has not decided whether to continue using it, he can call the customer service hotline to notify the card-issuing bank. The card-issuing bank will retain the right to use the card for a certain period of time. If the cardholder needs to continue using it in the future, he or she can apply to the card-issuing bank for a card replacement.

Extended information:

1. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when purchasing, and you will have to wait until the bill date to repay the bill.

2. Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit before repaying; a quasi-credit card refers to a cardholder who deposits a certain amount of petty cash in accordance with regulations and pays when the petty cash account balance is insufficient. A quasi-credit card that can be overdrafted within a specified credit limit. Credit card generally refers to a credit card.

3. Starting from January 1, 2021, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rate will be cancelled. (The original upper limit is 5‰ of the daily interest rate, and the lower limit is the daily interest rate. 0.7 times of 5‰).

On May 25, 2021, the Supreme People’s Court issued and implemented the “Regulations of the Supreme People’s Court on Several Issues Concerning the Trial of Bank Card Civil Cases.”

What does it mean if a credit card renewal is successful?

Credit card renewal refers to the cardholder’s credit card. After the expiration date, the card holder needs to go to the bank to renew the card. This operation is usually done by credit card holders. The validity period of the card is 3 to 5 years, but the credit card on the special card has 8 years. Once the validity period of the credit card expires, the card can no longer be used, so it needs to be renewed. If the credit card renewal is successful, it means that you have to go to the bank to apply for it. The renewal business has been completed and the renewed period has been added.

1. Introduction to credit cards

A credit card is also called a credit card. It is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It is in the form of a positive There should be the card issuing bank name, expiration date number, cardholder name, etc., and a card with a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed business service departments, and then the bank will settle the bill with the merchants and cardholders. Cardholders can overdraft within the prescribed limit.

2. How to use credit cards correctly

After getting a credit card, many people tend not to pay attention to the repayment period when swiping the card, which often leads to overdue credit cards and a decrease in credit. This is very detrimental to cardholders. After we get a credit card, we must cherish our credit limit and never default on the money owed to the bank, because it is not allowed to default on the bank's money for even one minute. It is better to repay earlier and more than to default on the bank's payment for one minute. Otherwise, credit will decline due to default, which will cause a lot of unnecessary trouble to cardholders. When applying for a card, cardholders should not think that they want to apply for a high-limit credit card just because they have a house and a car. If they have no contribution to the bank, no matter how good the conditions are, the bank card will not give you a high-limit credit card for the first time. The limit needs to be gradually increased based on your own credit and card usage status. After getting a credit card, you should also try to control your consumption. Do not use the credit card to withdraw cash or use the credit card money to invest, because the interest and handling fees for credit card cash withdrawals are very high. If it is used for investment, if something goes wrong, the money in the credit card cannot be repaid in time, which will have a great impact on one's credit. Therefore, you must use your credit card rationally, and you can choose not to use it unless necessary.

What does the successful renewal of CITIC Bank's credit card mean?

The successful renewal of CITIC Bank's credit card means: the CITIC Bank credit card has expired, meets the credit card renewal conditions, and can renew the card, and follow the instructions New cards are mailed to the customer's mailing address.

CITIC Bank credit card expiration renewal service: CITIC Bank credit card has expired. If the credit card renewal conditions are met, a renewal notification text message will be sent 90 days before expiration; the card will be updated 1 month before expiration. , and mail the card according to the customer's mailing address.

Credit card renewal refers to the cardholder’s credit card. After the expiration date, the cardholder needs to go to the bank to renew the card. The validity period of a credit card is generally 3 to 5 years, but the validity period of a special card is 8 years. Once the validity period of the credit card expires, the card can no longer be used, so it needs to be renewed. If the credit card renewal is successful, it means going to the bank. The renewal business has been completed and the renewal period has been added.

Renewal of a credit card when it expires has the following meanings:

1. Replace the card and renew it with a new card of the same type as the original card.

2. If the old card type has been stopped, there will be a SMS reminder to change the card, and other card types will be replaced after expiration. Cardholders who log into mobile banking within the validity period of card replacement registration can select "Expired Card Replacement Registration" under the "Card Management" menu and follow the prompts to perform card replacement related operations. Card replacement cannot be done directly at branches.

What should I do if my credit card expires?

1. If the customer wants to use the credit card again: You can directly call the issuing bank and apply for credit card renewal. , if the user's choice remains unchanged, the bank will mail the same credit card;

2. If the customer no longer wants to use the credit card: he can apply to the card-issuing bank for cancellation, and the bank will not issue a new credit card after review . If the user does not want to cause inconvenience in the future, he must settle the credit card balance and apply for account cancellation before the credit card expires.

The above is the relevant content about what to do when the credit card term expires.

Can I still use my credit card after it expires?

Credit cards have corresponding expiration dates, and they cannot be used after they expire. If the user wants to continue using the credit card, the user can apply for a credit card from the bank through the customer service phone or go directly to the business outlet and then continue to use it. However, changing a credit card does not mean that the credit card limit will be adjusted. If the user frequently uses the credit card and maintains a good repayment record, he or she can actively apply to the bank for a limit increase after half a year of use. This article mainly writes about the relevant knowledge points about what to do when the credit card term expires. The content is for reference only.

My credit card is about to expire, how do I renew it?

1. Banks will generally take the initiative to replace cards for customers whose cards are about to expire. Before the credit card expires, the bank will call the cardholder to ask whether to continue using the card. The bank will send a new card as long as the cardholder agrees to continue using the card. All the cardholder has to do is confirm the shipping address and wait for the new card.

If you are replacing a card when it expires or is damaged, you can cut off the magnetic stripe of your old card after receiving the new card. The new card can be used after it is successfully activated, and the password will continue to be the 1-card password. The new card issued after expiration will be the same as the original card and can be used after activation. The payment password, points, agreed repayment function, and account usage of the card will remain unchanged from the original card.

2. Credit card related content

1. There is no need for review when replacing a credit card when it expires. If you change your credit card after it expires, the bank will directly send a new card to the user without reviewing this step again during this period. Unless the user's old card expires and the user wants to change to another credit card, he or she must resubmit the credit card application, which will require re-review by the bank. Therefore, when the old card expires and replaced with a new one, the user only needs to wait for the new card to be sent. Users who do not need a new card can proactively contact the bank not to send a new card before the bank sends the new card, and cancel the old card before it expires.

2. When the credit card expires, the bank refuses to renew the card for the user. This is because the user often overdues the card or uses it illegally when using the previous card. The bank considers the user a risky customer and therefore refuses to send a new card. card to the user. Therefore, users can only try to apply for a new credit card, and there is a certain chance that the new card application will not pass the review.

When using a credit card, users must pay attention to using the card in accordance with the regulations and do not create overdue records. In this way, the bank will not send a new card to the user before the credit card expires.

3. Will my credit card renewal be rejected if it expires? This depends on the specific situation.

(1) If the status of the credit card is normal and you receive a credit card replacement SMS reminder from the bank 1 to 2 months before the credit card expires, the bank will generally not refuse the replacement. Card. However, if after receiving the text message and before the bank replaces the card, the bank stops using your credit card due to serious overdue use or illegal use of the card, it will definitely not help you replace the card.

(2) If the status of your credit card is abnormal and the card is blocked, frozen, or stopped by the bank before the validity period expires, the bank will definitely not be able to change the card for you, and it will not even send you a short message about changing the card. It will be sent to you.

This concludes the introduction to credit card renewal and China CITIC Bank credit card renewal. Have you found the information you need?