The credit card is about to expire and there is no need to pay it off before replacing the card.

Under normal circumstances, a new card will be sent to you. There is no need to change it first. You can just repay according to the bill in each period. After the new card is activated, the old card will automatically become invalid.

Within one month before the card expires, the card-issuing bank will send a new credit card to your billing address. If the billing address originally registered with the bank has changed, contact the bank's customer service as soon as possible to update the address. During this month, bank customer service will keep calling you, so keep your phone open so you can answer the calls.

Generally speaking, cardholders will receive a new credit card from the bank one week or two weeks before the card expires. If they have not received the new card yet, they should contact the relevant bank personnel in time. connect. Such situations are relatively rare.

After getting the new card, the old card can still be used until the expiration date. But if you receive a new credit card and can’t wait to activate it. Well, the editor tells you that from the moment you activate the card, the old credit card is completely invalid and you can use the new card. The new card number is the same as the original one and serves the same function. The main reason for replacing the card is that the magnetic strip of the credit card will wear out when making purchases, so generally speaking, after you have used it for three or four years, the credit card can be replaced. Just changed the watch, not the inside, so you can rest assured.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the specified credit limit.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

On May 25, 2021, the Supreme People's Court issued and implemented the "Regulations of the Supreme People's Court on Several Issues in the Trial of Bank Card Civil Disputes".