If the cardholder doesn't want to use the card any more, he can contact the bank customer service and choose to cancel the card.
It should be noted that some people may think that the credit card has expired and there is no need to cancel it. In fact, this also hides great risks. For example, some credit cards still have annual fees. Even if they are not used, they may still be overdrawn because of the arrears of annual fees, leaving bad credit records for cardholders.
In addition, cancellation can also prevent cardholders from being used by criminals and bring unnecessary economic losses. Therefore, regardless of whether the credit card has expired or not, it is best to consult the credit card customer service center and cancel it in time when it is confirmed that it has not been used.
In addition, many banks will always pay attention to the cardholder's card usage and adjust the credit limit regularly accordingly. The credit limit may also be lowered due to reduced consumption and other reasons. Cardholders should also keep abreast of the changes in their credit card limit after replacing their new cards. Customers who wish to increase the credit limit can apply to the bank to increase the credit limit after the new card is opened, and the bank will make appropriate adjustments after verifying the customer's situation.
References:
Generally speaking, the validity period of a credit card is 3-5 years, and there are clear marks on the card surface, such as "validity period from ××/validity period to ××/or similar marks, indicating that the validity period of a credit card is ×× years.
What happens when the credit card expires?
1. will restrict the use of credit cards, and you can't withdraw money and spend freely;
2. The arrears are still valid and can be repaid by credit card;
3. Note: The expiration of the credit card does not mean cancellation, and an annual fee may still be charged;
References:
China Economic Net-The credit card has expired. Do you want to reschedule or get a card?