Why do credit cards have expiration dates?

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Why do credit cards have expiration dates?

Rounding it up

  • Credit card expiration dates refer to the expiration of your physical card and not your actual credit account.

  • Expiration dates are important for ensuring you are fully protected against fraudulent activities and for replacing damaged and worn-out cards.

  • Once your card expires, your issuing bank will automatically send you a new one in the mail.

  • Use your card expiration date to re-evaluate your spending and where your money is going.

6 min read

April Ann Quiñones
#credit card expiry#credit card rewards#renewing credit card#prepaid credit card

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