How to check and extend the expiration date of credit and debit cards
Find out how to check and extend the expiration date of credit and debit cards. All bank cards we use have an expiration date and can be checked on the front of the card. Credit and debit cards are valid for 5 years from the date of issuance. There are many reasons why the 5 years have been decided, but it seems that the life of the magnetic card for normal use of the card is 5 years, the validity period for bonds is 5 years, and the expiration period of point mileage is 5 years. .
I think it is correct that the expiration date was set to 5 years due to the statute of limitations because the meaning of credit on a card is that the card user repays the money belatedly after the prepayment by the bank company. This is because if you extend the expiration date of the card, you can continue to use the card you have been using, so it is unreasonable to see it as the lifespan of the magnetic. 신용카드 체크카드 유효기간
If you check the expiration date of your credit or debit card, and the expiration date is imminent, the card company must choose whether to extend the expiration date, issue a new one, or discard it. Each card company has different policies, but if there is a payment history before the expiration date, it may be automatically extended without the user’s consent. 좋은뉴스
Find out how to check the expiration date of a credit card debit card
If you look at the front of your credit or debit card, there is a card number, CVC number, name, and MONTH/YEAR part. The validity period of the card is 05/24, with the front part being the month and the back part being the year. It is a credit card issued in 2019, and you can see that it expires in May 2024, 5 years after the expiration date.
Find out when the card validity period is automatically extended and when it is not extended
① For check cards and credit cards that have been used at least once within 6 months before the expiry date, you will be notified by text message or mail for automatic extension issuance guidance 1 month prior to the scheduled date of renewal. If the user does not file an objection with the card company within 20 days, the validity period renewal is issued automatically.
② Conversely, if it has not been used even once within 6 months of the expiry of the validity period, renewal issuance is possible only when a digital signature or direct signature of the public certificate is obtained with written consent. Usually, not using is not a good benefit, so there are many cases where another card is issued, so there is no case of extending the validity period of a credit card check card, so you can cut and discard the card that cannot be used.
▶ Learn related laws and precedents ◀
Pursuant to the proviso of Article 14, Paragraph 1 of the Act, a credit card company may renew or issue a replacement credit card or check card if it falls under any of the following subparagraphs:
1. In the case of a card that has not been used within 6 months before the scheduled date of renewal or replacement, if written consent is obtained from the member concerned for renewal or replacement.
2. Cards that have been used within 6 months prior to the renewal or alternative issuance date are notified to the card member of the expected issuance date 1 month prior to the renewal or alternative issuance date, and there is no objection from the member within 20 days
Find out how to extend the expiration date of your credit card debit card
When the validity period of the card is imminent, the card company sends information by mail and message for issuance. The more benefits the card has, the more likely it is impossible to extend it in order not to maintain the card company, so there is a case of inducing new issuance with a different type of card.
Since you can check the relationship details in both mail and message, you just have to read the contents and make your choice.
As for the method of extending the expiration date of a credit card check card, the newly issued and extended card of the same type will be delivered to your home or work place by courier. If a credit card company asks for direct extension registration, you must use inquiry-extension on the homepage.
1. After entering the homepage of the credit card company, go to My Page.
2. Click the Expiring Card (Inquiry/Issuance) tab.
3. Enter the card number and the address where the extension is issued.
Register to use a card issued with an extension of validity period
When the registration notice arrives with the newly issued card, please follow the instructions and proceed with registration.
After calling the customer center, register your card use > Enter your card number > Enter your 3-digit CVC > Enter your 4-digit card password. If your card has expired, you can cut it and discard it.
All settings, such as my direct debit settings and account number, are the same for cards of the same type issued with an extension of validity period, so you can use them the same way you used to. If you have been extended to a new card, a notice of benefits is also shipped, so please read it carefully to receive all the benefits of using the card.