No, the ICBC credit card is a credit card with a time limit, usually two years. Before expiration, the card issuer will notify you to confirm whether you continue to use it. If you continue to use it, the card issuer will issue a new The credit card was sent to you and the old card was cancelled.
At present, some commercial banks have also launched unlimited credit cards, which means that as long as you do not choose to cancel, you can always use them. Please consult your bank for details.
How to check the usage period of a credit card?
When you find that your credit card has expired, you must send the card back to the bank in time, otherwise you will have to pay an annual fee every year, which is not cost-effective. . However, many people don’t know how to check the credit card usage period. One way is to look at the paper in the credit card sent by the bank, which will indicate the credit card usage period, repayment date, etc.
If you can't find your paper, look for the number with the slash symbol on the side of the credit card number. For example, 06/24 means that the expiration date of your credit card is June 2024. Generally speaking, the usage period of many bank credit cards is between three and five years. If you are really unsure, you can call the bank staff and ask.
What should I do if my credit card expires?
If you find that your credit card has expired and you still want to continue using it, you can contact the bank one month in advance and ask for a new credit card. Otherwise, you will not be able to use it after it expires, and some banks may send you a new card before the credit card expires. If you do not contact you in advance, you can prevent the card from not being received when you change your address. Or if you don’t want to use it and plan to cancel it, it would be troublesome to send a new credit card.
After the credit card expires, the original old card can still be used. After you activate the new card, the original credit card is useless. Some people may forget to activate it, and if the old card happens to be lost, they will lose their funds. Therefore, if you want to continue using your credit card, you must remember to activate the new card in time.
Since the original old card can no longer be used after activation, for the sake of safety, it is best to cut off the magnetic stripe of the old card to avoid theft. Because the credit card will be automatically canceled after it expires, but at this time only the card will be automatically canceled and the account will not be automatically closed. In other words, your account still exists. If you no longer want to use it, you need to go to the bank to apply for cancellation of the account.
In fact, if we use credit cards rationally, it will be very beneficial to the circulation of our funds. But if you don't control your consumption, it will cause a lot of "risks". Moreover, credit cards are easy to be stolen, so we still need to pay attention during daily use.
When swiping your card for consumption, you should pay attention to protecting your card information. Do not disclose your card number to strangers at will to ensure the safety of your property. Although consumption in advance has become one of the methods acceptable to most people, you still need to exercise restraint on the amount of your consumption. Spend rationally and plan your funds reasonably so that there will be no overdue payments.