What should I do if my credit card expires?
Pay attention to the shelf life when buying food, and pay attention to the shelf life when buying electrical appliances? In fact, bank cards have a similar problem, called validity period, but many credit card holders have never paid attention to this problem. Then, how much does the validity period affect a credit card, and how should the cardholder deal with it?
The card will be invalid immediately after it expires.
According to the bank staff, the validity period of credit cards is mostly three to five years, and there are clear marks on the card surface, such as "the validity period starts from xx/xx and ends at xx/xx" or similar marks, indicating that the validity period of credit cards is xx months -xx months, and beyond the time limit, it means that the card can no longer be used.
Then, the validity period is approaching, how should cardholders respond? The reporter learned in the credit card department of a bank that most banks will take the initiative to mail new cards to customers one month before the card expires. However, cardholders should pay attention that if the mailing address changes, they should call the credit card customer service center in advance to change the mailing address, so as to avoid getting a new card. In addition, if you don't receive the new card as scheduled, you should contact the bank in time and ask the bank to mail the card again.
The old and new alternate quotas remain unchanged.
Some cardholders also have doubts about whether the quota and function will change after the renewal of the new card. In this regard, the relevant staff of the bank told the reporter that one month before the card expires, as long as the card does not appear abnormal use status such as freezing, the bank will take the initiative to mail a new card to the customer, and the new card and the original card will not change in terms of functions and quotas, and the points of the original card will be transferred to the new card. However, the situation that the new card quota is reduced does exist. A number of banks said that they will always pay attention to the cardholder's card usage and adjust the credit limit regularly accordingly. Cards with low consumption and low credit limit are likely to be lowered.
For customers who want to increase the new card quota, after receiving the new card, they should first call customer service to open the card. With the new card coming into effect, the original card will be invalid. Then, apply to the bank to increase the quota, and the bank will make appropriate adjustments after verifying the customer's card use.
If you don't renew your card, you must cancel it.
Some people may not want to continue to use the card because it is inconvenient, but remember not to ignore it because the credit card has expired. Bank staff told reporters that even credit cards that have never been used during the validity period of the card may be in arrears because of the annual fee. Therefore, in order to avoid bad credit records, cardholders should be careful to handle credit cards that are no longer used, regardless of whether the card has expired or not. It is best to consult the credit card customer service center to avoid the influence of the annual fee accumulated year by year. If you need to cancel your card, the cardholder can directly call the customer service phone number of the relevant bank or bring relevant materials to the bank outlet for handling.