How to fill in the credit card validity period
YY=year; MM=month
The date format is month/year, for example: 07/20 means your credit card Validity is July 2020.
The credit card validity period is printed with the words "VALIDTHRU" below. VALIDTHRU is the expiration date of the credit card, which is the validity period of the credit card. The vast majority of credit cards issued by domestic banks are valid for three years, starting from the day your credit card is approved.
The validity period of a credit card is generally 3-5 years. After the validity period, the card cannot be used again. If you continue to use it, you need to sign a contract with the bank again. In the past, signing a contract required the cardholder to go to a bank branch. With the development of electronic technology, credit card renewal now only needs to be done over the phone or the Internet.
The purpose of establishing the validity period of a credit card is to prevent the credit card from being damaged after long-term use. Cardholders who frequently use credit cards for consumption will definitely cause some degree of wear or damage after long-term use, so the bank will Regular replacement of new cards ensures that the credit card can continue to be used, and at the same time, risk assessment can be conducted on the cardholder. Everyone's economic level changes. Salary income may be high or low in a few years, and the cardholder's financial situation in a few years Ability and consumption power are a process of dynamic change.
The bank will also conduct a new assessment based on the cardholder’s financial ability and spending power. If the cardholder’s risk is reduced or the financial income is more stable than when the card was applied for, the bank will replace the card. Upgrade the cardholder's card to a higher level card type. On the contrary, if the cardholder's risk increases or his spending power decreases, the bank will also reduce the credit limit or cancel the card when changing the card. When a credit card expires, the old card must be destroyed promptly to prevent criminals from using it.
Consequences of overdue credit card:
1. Liquidated damages, usually 5% of the minimum repayment amount and the unpaid part.
2. The interest is high, and the interest is compounded. The interest rate is very scary when the debt is large.
3. Overdue credit records will be stained, resulting in the inability to handle financial needs such as house purchases and loans within the next two years.
4. If the payment is overdue for more than 3 months, and the amount exceeds RMB 10,000, and the bank has failed to pay multiple reminders, you will not only have to bear the repayment, but may also bear criminal liability.
How to fill in the validity period of a credit card?
Regarding the validity period of credit card activation, generally the word "VALIDTHRU" will be printed on the bottom of the front of the card. VALIDTHRU represents the expiration date of the credit card, which means: the validity period lasts until .
The MM in "MM/YY" on the right represents the month, and YY represents the year (M is the first letter of the word MOUTH, and Y is the first letter of the year YERA), so the validity period is filled in in the format of month. /Year (this is the English date expression, the month is usually placed in front of the year), for example: 09/21 means that the customer's credit card is valid until September 2021.
Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and 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.
Application
In most cases, citizens with full capacity for civil conduct (citizens over 18 years old in mainland China) and with certain direct financial resources can apply to the card-issuing bank. Apply for a credit card. Sometimes, legal persons can also be applicants.
Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country.
Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.
The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank.
After the customer fills in the application form truthfully, he or she must also submit relevant credit certificates while submitting the completed application form. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature.
Cancellation
Before canceling a credit card, the account balance must be cleared. The entire process of canceling the card must be completed within 45 days after the application is submitted.
How to fill in the card validity period
The credit card validity is located on the left side of the middle position below the front of the credit card and consists of four digits. The first two are months and the last two are years, which can be entered based on the information on the credit card. There is an expiration date under the 16 digits on the front of the credit card in the format of MM/YY. For example, 09/18 means it is valid until September 2018. When calling the bank's customer service hotline, follow the prompts to enter your ID number, credit card, valid number and other information to activate
Credit cards, also called credit cards, are issued by commercial banks or credit card companies to consumers with qualified credit. credit certificate. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. 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.
According to different card issuers, they can be divided into bank cards and non-bank cards
Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.
Non-bank card.
This type of card can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., and are used for purchasing tickets, meals, accommodation, entertainment, etc.
According to the different objects of issuance, it can be divided into corporate cards and personal cards
Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal organizations.
Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.
According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards
Ordinary cards. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.
Gold Card.
The gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.
How to fill in the credit card validity period
How to fill in the credit card validity period
Fill in the credit card validity period according to the mark on the credit card.
1. There is a month and year on the front and bottom of the credit card, which are raised and separated by the symbol "/" which is the validity period;
2. The validity period of the credit card is in month/year Year means year, 10/12 means expiry on October 31, 2012;
3. The validity period of bank credit cards is generally 3 years, and for some banks, it is 5 years;
4. The validity period expires After the period, the bank will decide whether to let the customer continue to use the credit card based on the customer's past use of the credit card.
The validity period of a credit card is generally three years. Once this validity period expires, this credit card can no longer be used for consumption, withdrawals and other services. Therefore, credit card users who need to go abroad or work abroad for a long time should confirm whether their credit card has expired before departure. If it is about to expire, they should contact the card-issuing bank in time, and the bank will provide card replacement services in advance. The front of each credit card is marked with the card's validity period. For example, VALIDFROM10/07 indicates that the card was issued in October 2007, and VALIDTHRU10/10 indicates that the card's validity period is October 2010. Under normal circumstances, before the expiration of the validity period, the bank will remind users by email, text message or letter some time in advance. After receiving the new card, the cardholder needs to check the relevant information with the bank. The card can be used only after the card is opened (i.e. activated). Therefore, even if the card is lost in the mail, there is little risk of it being stolen. The cardholder only needs to call If you call the relevant customer service hotline, you can ask the bank to re-create the card and send it.
How to fill in the validity period of a credit card?
1. The validity period of the credit card is usually printed below the credit card. VALIDTHRU is the expiration date of the credit card, with the month in front, the year in the middle, and Separate with "/". For example, 05/20 means that the credit card is valid for May 2020. You can fill in the validity period according to this format.
2. Generally, a credit card is valid for three years. After expiration, the use of the credit card will be subject to certain restrictions. The cardholder can continue to use it by changing to a new card, usually before expiration. In two months, the bank will automatically send a new card to the cardholder.
How to fill in the validity period of Bank of China credit card certificate
The validity period of Bank of China credit card is below the credit card face, in the format of month/year.
The above content is for your reference, please refer to actual business regulations.
This concludes the introduction on how to enter the validity period of a credit card and what is the validity period of a credit card. Have you found the information you need?