There are three reasons for setting deadlines.
The first reason is to ensure the security of the cardholder's account. In reality, many people don't care about their bank cards. If it is left idle for a long time or lost or stolen without knowing it, the cardholder himself does not know the problem and is likely to face direct economic losses.
Credit cards, in particular, have their own credit lines issued by banks. If it is stolen or illegally used by illegal personnel, the cardholder fails to report the loss in time or has been left unattended, and no one can predict the huge consequences!
Therefore, the validity period is an effective way to ensure the security of the cardholder's account, which can minimize or avoid certain risks.
The second reason: to ensure the normal use of cardholders, whether shopping or traveling, bank cards play an indispensable and important role in life. As a payment medium, long-term use will naturally bring some wear and tear.
For example, I believe many people have heard of the saying "degaussing". This situation cannot be used normally and needs to be updated and upgraded. Now many bank cards have been upgraded from magnetic stripe to chip. In order to ensure normal use, setting the validity period allows cardholders to upgrade regularly to avoid inconvenience.
The third reason: the assessment of the financial status of cardholders is mainly aimed at credit card holders. After all, everyone's economic life has different changes, perhaps it is the apprentice, perhaps it is heavily in debt. For banks, this period is an important moment to evaluate the financial situation of cardholders, so as to decide whether to continue to upgrade the issuance of bank cards or directly reject the cardholder's demand for cards.
"Nine times out of ten, life is unsatisfactory", and no one can guarantee that it will always be calm and there will be no ups and downs.
If you really encounter the problem of expired bank cards in your life, don't worry, there are two direct and effective solutions:
The first method: bring my valid ID card to the local bank outlet for upgrading; The second method: directly call the bank where the bank card is located and put forward corresponding requirements to the bank customer service, and the customer service will help to complete the upgrade quickly. To sum up, when setting the validity period of bank cards, banks have both the consideration of protecting the economic rights and interests of banks and the consideration of ensuring the safety of cardholders. Although the validity period of bank cards is somewhat troublesome on the surface, it can play a very important role in real life.