Yes, it can be used on the last day of the month, and it will be invalid immediately on the following month 1 day. You need to change another card.

Generally, the bank will send a card replacement notice to the cardholder before the credit card expires. For credit cards that are no longer used after expiration, the cardholder can sign the receipt of the card that has not been changed and send it back to the bank within the specified time, and the bank will stop issuing new cards. Then, banks will no longer charge annual fees for the next two years.