The validity period of a credit card is usually presented in a specific format. The year and month are expressed in YY/MM. For example, if your credit card is valid in July 22, it should be filled in as 7/2. This information is usually visible next to the word "VALIDTHRU" below the card number, which indicates the expiration date of the credit card.

most credit cards issued by domestic banks are valid for three years, and the calculation cycle starts from the date of card approval. Remember, expired credit cards are not only unusable, but also affect your credit status. Once the credit card is overdue, you may face a series of consequences: liquidated damages: usually based on the minimum repayment amount, an additional fee of 5% will be paid for the unpaid part. Interest accumulation: if the arrears are not paid, the interest will be calculated with compound interest, and high interest will increase your financial burden. Damage to credit record: overdue records will remain in the credit report, which will affect your application for financial services such as mortgage and loan in the next two years. In serious cases, if it is overdue for more than 3 months and the amount exceeds 1, yuan, and the bank has repeatedly failed to collect it, you may have to face legal responsibilities, not just repaying the arrears.

understanding the validity period and management rules of credit cards is very important for maintaining a good credit record. Make sure to update and pay bills in time to avoid unnecessary trouble. Please refer to the credit card related knowledge from Baidu Encyclopedia for more detailed information.