The credit card validity period denotes the end of the journey of your existing card. Now, you need a replacement card to continue purchasing. Your card issuer will reassess your creditworthiness before issuing a new credit card. If everything about your card usage and repayments is fine, the issuer may send a replacement within your credit card validity period.
What is Credit Card validity?
Credit card validity refers to the period during which a credit card can be used for transactions. It is important to note that credit card validity differs from the credit card expiry on the physical card.
The expiration date signifies when the card needs replacement and is linked to a physical card only, not a card account. The credit card validity period determines how long you can use the card for purchases.
For example, Axis Bank offers a range of Credit Cards to suit various needs of its customers. Some of these Credit Cards offer zero joining and annual fees. These remain valid until the last day of the calendar month displayed on the card. This ensures uninterrupted usage within the validity period.
How do you check the Credit Card expiration date?
Finding the credit card expire date on your credit card is simple. It is typically displayed on either the front or back of the card. It is written in a two-digit month/year format.
For example, if your expiration date reads 11/24, your card will remain active through November 2024.
How are Credit Card expiration dates determined?
Credit cards expire every three to five years, depending on the issuer. Banks set expiration dates based on several factors, including:
- Physical wear and tear on the card
- To address the security concerns
- To encourage cardholders to review their credit card plans for possible upgrades.
What happens after a Credit Card expires?
After a credit card expires, it can no longer be used for purchases. The card will be declined in stores and for online transactions. However, most credit card issuers proactively mail replacement cards to their customers 30 to 60 days before the credit card expiry date.
While the new card will have a different expiration date and CVV code for added security, the credit card number will remain the same unless there is an account upgrade or change in product.
How do you dispose of an expired Credit Card?
Proper disposal of expired credit cards is essential to protect against fraud and identity theft. Experts recommend shredding or cutting old cards into small pieces before disposal. This ensures that no one can misuse your credit card number.
Things to know about Credit Card expiration
- Credit Card accounts are still valid: Even after a credit card expires, your associated credit account remains active as long as you are in good standing. Monitoring your credit card statements and making timely payments is important to maintain a healthy credit history.
- Expiration date as a security feature: By renewing the expiration date more frequently, credit card companies limit opportunities for fraudsters with only access to the credit card number.
- Card wears out with time: You should regularly check your card for signs of damage and request replacements if necessary. This ensures that your card continues working properly and avoids potential transaction disruptions.
- Upgrades: Credit Card expiry dates allow issuers to offer upgraded accounts to customers. They may notify customers of new deals or incentives with better features and facilities.
Wrapping up
Understanding the credit card validity period is crucial for managing your financial transactions effectively. By knowing your credit card expiry date and taking necessary actions when needed, you can ensure uninterrupted use of your cards. Remember to dispose of your expired cards properly and stay vigilant about the security features of credit cards.
Also Read: How to get a Credit Card in 3 easy steps
FAQs
1. How do I check the credit card expiry date online?
You can check the credit card expiry date by logging into your online banking portal or mobile app provided by your issuer.
2. How do I renew an expired credit card?
Contact our customer service helpline or visit nearest branch office to request a renewal of your expired credit card.
3. Why is the expiry date embossed on my credit card?
The expiry date is embossed on the card as a physical reminder for the cardholder and merchants about when the current card will no longer be valid.
4. Will my credit card be invalid from the next day of expiry?
Yes, your credit card will be invalid from the expiration date mentioned on the card.
5. Will my credit card account be active even after my credit card has expired?
Yes, your credit card account will remain active if you are in good standing with your payments and have not requested its closure.
Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.
FAQs
Expiration dates appear on the front or back of a credit card in a two-digit month/year format. Credit cards expire at the end of the month written on the card. For example, a credit card's expiration date may read as 11/25, which means the card is active through the last day of November 2025.
How do I find out when my card was valid? ›
Credit card numbers explained
- Credit card number. This is the long number on the front of your card. ...
- Valid from/Expires end. These numbers indicate the month and year your credit card was issued, and when it'll expire.
- Security number or 'CVV'
Expiration dates appear on the front or back of a credit card in a two-digit month/year format. Credit cards expire at the end of the month written on the card. For example, a credit card's expiration date may read as 11/25, which means the card is active through the last day of November 2025.
How to validate credit card expiry date? ›
Physical Card: The expiry date is prominently displayed on the front of your credit card. It is usually printed as a two-digit month followed by a two-digit year (MM/YY). This indicates the month and year when your card will expire.
How do I check if a credit card is valid? ›
Call customer service: You can call the phone number on the back of your credit card to reach customer service. You'll be able to check the status of your card and, if it is deactivated, you can ask about reactivation. Make a purchase: Another way to check if a card is active is to try and use it to make a purchase.
How do I check when my card is valid from? ›
Generally, all credit cards come with an expiration date, just like a debit card. This date is printed on the front side of the credit card and is an important piece of information that is used for verification purposes. Therefore, it adds up to also act as a security feature.
How can I check if a card is still active? ›
How do I know if my credit card is still active? You can check whether your credit card is still active via online banking or by calling the card provider. If your credit card is no longer active, it will be declined when you try to use it. Your credit card can be deactivated for a number of reasons.
How to check credit card expiry without card? ›
How to know your Credit Card expiry date without a card? If you don't have your card in hand, you can find out the expiry date by logging into your Internet Banking account or Mobile Banking app where the card details are listed.
How to check expiry date? ›
Look for a date accompanied with “use by,” “sell by,” or “best by.” X Trustworthy Source American Heart Association Leading nonprofit that funds medical research and public education Go to source Check the bottom of the product, the sides of the container, the lid, and the necks of bottles.
Can I see my card expiration date online? ›
You can also get your credit card's expiration date through your internet banking account. Simply log in to your account and navigate to the credit card section. Click on the card and you will be able to see the details related to it, including its validity.
To verify if the credit card is valid, perform the following steps.
- Open the Credit Card Validator.
- Enter the "Credit Card Number" in the provided section.
- Click on the "Validate Now" button.
- The tool validates whether the credit card is genuine or not.
The standard format is MMDDYY, where “MM” refers to the month, “DD” refers to the date, and “YY” refers to the year. So if a product says 101525, it means that the product expires on October 15, 2025. Is it safe to buy food on its expiration date? Generally speaking, yes, it is safe to buy food on its expiration date.
How to check validity of debit card? ›
On your debit card, there is a date that is listed next to the phrase “valid thru.” This date is the month and year (MM/YY) your debit card is valid until—in other words, the card expires after that day in that month. You should receive a new debit card in the mail from the bank before your current card expires.
What is the credit card validation method? ›
The checksum validation involves the last digit of the Credit Card number. The preceding digits determine this digit and the integrity of the entire number. The validator recalculates and verifies this checksum against the provided digit to confirm its accuracy.
How to check credit card status? ›
To check the Credit Card status online, visit the issuing bank's official website. Go to the Credit Card section and find the option for application status. Next, enter your application reference number or registered mobile number and possibly a security code or OTP for verification.
Can I check my credit card online? ›
Online account portals can make managing your credit card fast and easy, and viewing your balance is no exception. You'll have to provide your login information to check your account balance online. After signing in with your username and password, you should see all your accounts with that institution.
How do I find out the validity of my debit card? ›
On your debit card, there is a date that is listed next to the phrase “valid thru.” This date is the month and year (MM/YY) your debit card is valid until—in other words, the card expires after that day in that month. You should receive a new debit card in the mail from the bank before your current card expires.
Can I find my card expiration date online? ›
You can also get your credit card's expiration date through your internet banking account. Simply log in to your account and navigate to the credit card section. Click on the card and you will be able to see the details related to it, including its validity.
How do I find out when my card was opened? ›
One easy way to find out when you opened a credit card is to contact your credit card company. Call the phone number on the back of your card, or send a secure message through your online account.
What is the valid date on a debit card? ›
The expiration date can be found on the card, written as XX/XX (month and year). Generally, a card can be used through the last day of the month in which it expires. For example, a card with an expiration date of 12/20 is good through December 31, 2020.
