Unlike debit cards, credit cards have a term of use, which is what we often call the validity period. Many card users are puzzled about this validity period, and don't know why the bank must set such a time. In order to give you a basic understanding of the validity period of credit cards, Bian Xiao introduced the function of the validity period of credit cards.

What is the effect of the validity period of credit cards?

1, the credit card is lost, and there is no stop loss if it is not found.

An important function of the validity period of a credit card is that even if your card is lost and can't be found again, once it falls into the hands of criminals, it will bring some losses, but as long as the card expires, it can't be used again. Therefore, the validity of the credit card has a stop-loss effect to a certain extent, so as to minimize the loss. After the card expires, the new card will be sent to the bank's collection address.

2, the function and safety can't keep up.

Now there are more and more lazy people, and many card friends are. If the card has not expired, the bank will issue a new card on its own initiative. Even if it's a new card, it's too lazy to take the initiative to apply for new functions. In the face of fierce competition from all walks of life, the function and security of credit card issuance are also constantly improving. In order to ensure that cardholders can use the card and improve the security of using the card, the validity period of the credit card is necessary.