The ExpirationDate of a credit card is the validity period of the card. This is an important piece of information on the credit card. Usually, this date will be clearly marked on the bottom of the card in the format of month/year. For example, "09/11" means that the credit card is valid until September 2011. Credit cards from most domestic banks are valid for three years from the date the card is approved.
As a convenient financial tool, credit card has unique characteristics. First of all, it encourages consumption rather than depositing cash in advance. After shopping, cardholders can enjoy an interest-free repayment period and can choose to repay in installments. The minimum repayment amount is its basic function. It is also a member of global financial products such as VISA, MasterCard and JCB and other international organizations.
Credit cards are the product of a combination of financial services and computer technology. They not only support shopping and consumption, but also provide credit services, allowing you to obtain a certain amount of loans when needed. The use of credit cards can reduce the use of cash, simplify the collection process, save manpower, and facilitate consumers. It can also promote product sales and stimulate social consumption. In general, the ExpirationDate of a credit card is an important indicator to protect your rights and usage period.
The above information comes from credit card entries on Baidu Encyclopedia.