What should I do if the credit card is overdue and there are still debts in it?
If the credit card holder chooses not to renew or change the card after the credit card expires, he can't continue to use the credit card after the credit card expires, but this does not affect the cardholder's repayment of the credit card debt. Cardholders can still repay credit card arrears through mobile banking or bank outlets. If the credit card holder replaces a new card after the credit card expires, the bill of the old card will be recorded in the new card together, and the cardholder can repay the debt of the old card through the new card after the new card is released and activated.
In short, whether the user will choose to change the credit card after the expiration does not affect the cardholder's repayment of the credit card bill, and all the arrears still need to be repaid as agreed. Only whether a new card is replaced or not determines whether the cardholder can continue to use the credit card for overdraft consumption. It should be reminded that if the credit card has not been extended due, and the credit card arrears cannot continue to apply for installment repayment or minimum repayment amount, the cardholder must complete the repayment before the last repayment date after the latest bill comes out. If it is an installment that has been handled, you can continue to repay by installment.
Can I use my credit card after it expires?
The credit card can no longer be used when it expires, and it needs to be replaced with a new one. The bank will contact the cardholder before the card expires and issue a new card to the cardholder. After receiving the credit card, the cardholder needs to activate it, and the information of the old card will be transferred to the new card after activation.
If you don't decide to continue using the card, it is recommended to pay off the debts of the old card first, and then apply to the bank for card suspension one month before the card expires. The bank will not issue you a new card, but your credit card can be used until the end of the validity period.