What is the credit card validity period MM/YY?

The validity period M represents the month and Y represents the year.

MM refers to the writing format of the month with two digits, and YY refers to the writing format of the year with two digits.

Usually a set of numbers in the "MM/YY" format below the card is the card's validity period.

Extended information:

CreditCard, also called credit card. It is a non-cash transaction payment method and a simple credit service.

A credit card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

There is no need to pay cash when making purchases with a credit card. Repayment will be made on the billing date (BillingDate).

Reference material: Baidu Encyclopedia - Credit Card

What does it mean to open a credit card format MMYY?

MMYY displayed in the bank card format refers to the month and year, where MM represents the month and YY represents the year.

What does the MMYY security code in a credit card mean?

The validity period M represents months and Y represents years.

MM refers to the writing format of the month with two digits, and YY refers to the writing format of the year with two digits.

Usually a set of numbers in the "MM/YY" format below the card is the card's validity period.

For example: 09/11 means that your credit card is valid in September 2011.

Most credit cards issued by domestic banks are valid for three years, which is calculated from the day your credit card is approved.

MM is the abbreviation of Month in English, which refers to the month, and YY is the abbreviation of Year in English, which refers to the year.

CreditCard, also called credit card. It is a non-cash transaction payment method and a simple credit service.

A credit card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card.

On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

There is no need to pay cash when making purchases with a credit card. Repayment will be made on the billing date (BillingDate).

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay;

A quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient for payment, the card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.

Notes on using credit cards:

1. Cash out

Please note: "Cash out" ≠Withdraw cash

The so-called cash out is After consumption through the card swiping machine, the holder of the card swiping machine will return the card swipe amount to the cardholder in the form of cash, and a certain handling fee will be deducted. Of course, this handling fee will generally be lower than the fee incurred by directly withdrawing cash with a credit card. Let’s go to the following paragraph:

“Article 7 violates national regulations by using point-of-sale terminals (POS machines) and other methods to charge credit card holders with fictitious transactions, false prices, cash returns, etc. If a person pays cash directly, if the circumstances are serious, he shall be convicted and punished for the crime of illegal business operations in accordance with the provisions of Article 225 of the Criminal Law.”

This is an illegal act.

2. Use the card to maintain the card

Since I can’t cash out, I should be able to withdraw cash. I have credit cards from many banks. I withdraw the cash from one credit card and use it to pay off the credit card debt of another bank. This cycle repeats. Every time I withdraw cash, I will be charged fees and interest. This cycle continues, and I am still using it. For card consumption, the amount owed will continue to accumulate and will not be substantially reduced.

This is a snowball that is getting bigger and bigger! When one day the credit card cash withdrawal limit is used up, and there is not enough cash on hand, the capital chain is broken, and all credit card repayments may be overdue. Your personal credit will be damaged in a chain, and future loan applications will also be greatly affected. Influence.

3. Unrestrained consumption

Believe that credit cards can be used to spend money in the future, which is fashionable and convenient. So when I get the card, I spend recklessly without considering my ability to afford it. As a result, the amount of consumption increased sharply and it was impossible to repay.

4. Comparison quota

My colleague’s quota is 40,000, while mine is only 20,000. No, I must be higher than him! So I tried every means to increase the limit. In fact, the limit of most credit cards is enough for us to use every month; if the limit is too high, it may stimulate more of our own consumption desire, and may also affect new card applications and loans from other banks.

Credit cards are tools in our daily lives. We are the masters of credit cards. We must plan the use of cards reasonably. We must not be "counterattacked" by credit cards and let ourselves become its "slaves".

What does the mmyy format of the validity period mean?

Month, month, year. Date format.

This is the expiration date of your credit card, found on the front of your credit card. below. For example, 0719 means the card is valid until July 2019. MM represents the month, which is 07, and YY represents the year, which is 19.

Mobile Banking Service, also known as mobile banking, is the abbreviation for using mobile communication networks and terminals to handle related banking services. As a new service that combines electronic currency and mobile communications, mobile banking not only allows people to handle a variety of financial services at any time and anywhere, but also greatly enriches the connotation of banking services, enabling banks to facilitate and Provide traditional and innovative services to customers in an efficient and safer way.

Identification of credit card:

The credit card must have at least the following information:

Front: name and logo of the issuing bank, credit card number (organization logo) and hologram Anti-counterfeiting mark, English or Pinyin name, activation date (generally calculated to month), validity date (generally calculated to month), the latest issued card is equipped with a chip on the front, the chip account and the card magnetic stripe account are two relatively independent accounts .

Back: Card magnetic stripe, cardholder signature field (signature required after activation), service hotline number, last four digits or all of the number (to prevent fraudulent use), credit card security code (on the back of the credit card) On the signature line, the three digits immediately following the last four digits are used for credit card activation, password management, television, telephone and online transactions, etc.).

The main purposes of setting the validity period of credit cards are as follows:

1. In order to enable users to use the credit card normally, the credit card will have a certain degree of wear and tear during use. If you do not replace the card with a new one, the credit card may be damaged, causing people to use the credit card less often;

2. Reduce risks. This risk is mainly divided into two parts: bank risk and cardholder risk. For banks, credit cards are credit loan products. Banks need to bear risks when granting credit lines to cardholders. The work and financial status of the cardholder may change. Changes, setting a validity period, the bank can re-evaluate the user's personal comprehensive situation, which can reduce bank risks. For cardholders, it can reduce the possibility of credit card fraud.

You can see the credit card's validity period directly on the card face. The credit card's validity period is usually printed at the bottom of the credit card. The standard format of the credit card's validity period is the month first and the year last. For example, for a certain credit card The bottom is 09/20, which means the credit card will expire in September 2020. If the validity period of the credit card cannot be clearly seen due to daily wear and tear, the cardholder can call the bank's customer service hotline to check. The bank's customer service phone number will also be printed on the card surface. You can check it by dialing the phone number on the card surface. Validity period.

That’s it for the introduction of credit card format mmyy.