Credit cards will expire, and the validity period is usually 5 years or 8 years. After the credit card expires, you can exchange it with the issuing bank for a new card. It will not affect the limit and bill in the card, but you don’t want to exchange for a new card. Is it possible?

Do I need to get a new card when my credit card expires?

It is not necessary to renew the card. If your credit card expires and you don’t want to renew it, just tell the bank not to renew the card. Banks will not force users to change their cards and will generally give cardholders the option. Therefore, if you do not want to change your card after expiration, you need to call the bank to apply and explain the situation, so that the bank will not mail a new card.

If the cardholder does not want to exchange for a new card when the card expires, he should notify the card issuer at least 1 month before the expiration of the card by the method specified by the card issuer. Otherwise, it will be defaulted to voluntary exchange for a new card when the card expires. , the card issuer will send the cardholder a new card.

If you do not replace your credit card after it expires, the old card cannot be used after its expiration date. At this time, the user can choose to cancel the old card. If the user still needs to use the card, it is best to change the card. The new card received can be activated immediately. It takes a certain amount of time to reapply for a new card, review, card printing, and shipping.

It should be noted that the credit card cannot be used after it expires, but the debt is not written off along with it. You still have to repay it on time every month, and the repayment method will be different. It is no longer possible to insert a card into an ATM machine for repayment. Repayment can only be made through transfer, such as mobile banking, UnionPay APP repayment, etc.