How long is a credit card valid for?
1. The validity period of some bank credit cards
The validity period of Bank of Communications and Industrial Bank is 5 years, and the validity period of China Guangfa Bank, Industrial and Commercial Bank of China, Bank of China, China Merchants Bank, and Citibank is 3 years. Minsheng Bank, Agricultural Bank of China, and CITIC Bank have different regulations depending on the card type.
2. When your credit card expires, you should replace it with a new card
When your credit card expires, you should replace it with a new card. Different banks have different regulations regarding the annual fees charged for new cards.
When a China Merchants Bank cardholder changes to a new card, no annual fee will be charged as long as the card has not been activated. The annual fee for the new card will be subject to the same preferential policies as for the old card. The annual fee will be waived in the first year of activation, and the annual fee will be waived for the following year by swiping the card 6 times.
China Construction Bank stated that if the credit card has been activated before, the new card will only be used as a "replacement" and the annual fee will be charged as usual.
How many years is the credit card validity period? There are still 8 years!
Most of us credit card users rarely pay attention to the issue of credit card validity period. Credit cards have validity periods, so what is the validity period of a credit card? How many years is it? Why does a credit card have an expiration date?
Generally speaking, the validity period of a credit card is usually in the format: ValidFrom07/14, ValidThru07/17. It means that this credit card is valid from July 2014 to July 2017. There are also other representation methods, such as: ValidDates, MemberSince, ExpiresEnd, etc.
So, how many years is the credit card valid for?
Most banks have different issues regarding how many years a credit card is valid for. Credit cards issued by commercial banks are usually valid for 3-5 years, or even 8 years. For example, China Merchants Bank's Air China Zhiyin Credit Card and Rural Commercial Bank's Phoenix Card are both valid for three years; China Minsheng Bank's Gold Credit Card is valid for four years; China Guangfa Bank's Credit Card is valid for five years; and China Construction Bank's Wumart Credit Card Gold Card is valid for eight years.
Why do credit cards need to have an expiration date?
1) From the perspective of bank risk control, the economic status of cardholders is often constantly changing. After the card expires, the bank can decide whether to continue to issue cards based on the cardholder’s use of the card;< /p>
2) From the perspective of user use, if the cardholder forgets to report the loss after losing the card, or the cardholder has maliciously overdrafted for a long time, or even the credit card has been used fraudulently after the cardholder passed away. phenomena, which will lead to the formation of "bad debts". In the event that the above situation occurs, the existence of the "validity period" can ensure that the continued loss of money from the bank is stopped in time.
Normally, if the cardholder does not notify the bank to terminate the use of the card and handle cancellation procedures before the expiration of the validity period, the bank will automatically issue a new credit card to the cardholder. Before the validity period expires, the bank will remind users by email, text message or letter some time in advance.
If you have never paid attention to the validity period of your credit card, then quickly take a look at the validity period of the credit card in your hand. Is it three years, five years, or eight years? In addition, if you want to know more about useful credit cards, come with us!
CCB credit cards are valid for 8 years and 5 years
CCB credit cards generally have two validity periods:
Generally, CCB magnetic stripe cards are valid for 5 years. Chip cards are valid for 8 years.
Things to note after the CCB credit card expires:
1. Contact the card-issuing bank one month in advance
Contact the card-issuing bank one month in advance and request a new card. Otherwise, the card cannot be used after it expires. It also takes time for the bank to produce and send new cards, so it is best to replace them in advance.
2. Activate the new card in a timely manner
The old card can still be used after the credit card expires and is successfully renewed. The old card will become invalid after the credit card expires or the new card is activated. Therefore, be sure to activate new cards promptly. Cardholders can choose to activate their credit cards through various methods such as phone activation, official website activation, and online banking activation.
3. Old cards must be cut off in time
Old cards may still be stolen and swiped. During the insurance period, old cards must be cut off in time after the new card is activated.
Notes after applying for a card
1. When you receive the issued credit card, you must sign on the back of the card as soon as possible and bring the card, ID card, and mobile phone number to the bank. Activate the card at the local outlet, and promptly call our bank's 24-hour service hotline 400-820-0588 to open the card and set the password.
2. Cardholders should store their credit cards, passwords and ID cards separately to prevent the credit card from being lost and used fraudulently by others.
3. If you find that your credit card is lost or stolen, you should promptly call the 24-hour service hotline 400-820-0588 to report the loss of the card.
4. You cannot set the repayment date yourself. Your final repayment date is 20 days from the bill date, because the interest-free period of CCB credit card is 50 days, and the interest on cash withdrawals is 0.05%, that is, 1. Ten thousand yuan charges an interest of five yuan per day, but the cash withdrawal fee is 1%, that is, the handling fee for withdrawing ten thousand yuan is 100 yuan. It is best to use a credit card to spend money, and do not withdraw cash. It is not worth it to withdraw cash.
Requirements for applying for a CCB credit card:
1. Among all banks, CCB has the clearest classification of the qualifications of credit card applicants. For example, China Construction Bank has provided separate instructions on the materials required to apply for a credit card for more than 20 types of customers, including mortgage customers, existing card customers, and OEM customers.
2. Applying for a credit card online not only saves the applicant the trouble of preparing information, but also makes it easier to apply for a card, and approval is very common in seconds.
3. If the qualifications of the cardholder's unit are not that good, you can also apply for the card by gathering your colleagues together. Compared with applying individually, the pass rate will be greatly improved.
4. Marital status: married with children, married without children, married without children, single. Just fill in the facts. If you are over 30 and unmarried, the bank will consider you unstable. It is recommended to prepare more asset certification documents (house/car/bank deposit) when applying for a card.
5. Residential telephone number: "Residential telephone number" should be emphasized. Many applicants think that filling in a mobile phone number eliminates the need to fill in a residential telephone number. In fact, the “residential telephone number” item set up by the bank mainly checks the stability of the applicant. So, don’t ignore this one.
6. Residential address: Whether you own or rent a house, you must fill in your residential address. Like the residential phone number, this item set by the bank is also testing your stability.
7. Residential status:_Residential loan-free cute residence_loan unit apartment, renting a house, if you don’t buy a house, you may wish to write down your home address. The length of residence is also a reference item. Generally, it is more stable for more than one year, and the longer the better
This is the end of the introduction to the 8-year validity period of credit cards and the 8-year validity period of CCB credit cards. I don’t know if you will find what you need. information?