Check card expiry renewal
There is an expiration date for use.
on the front or back of the card
After valid thru or good thru
The number is the validity period. 신용카드 체크카드 유효기간
If the sign is 03/24 좋은뉴스
not March 24th
until March 24
This is the validity period.
Some cards are engraved with embossing.
I usually don’t even care.😁
I recently got a new card as well.
The card was only valid for 3 years.
All others are valid for 5 years.
Is there a reason why it was set to 5 years?
I was curious and looked it up.
The validity period of the card is
It is based on Article 64 of the Commercial Act on commercial bonds.
◆Commercial Law Article 64
Debts arising from commercial activities are subject to other provisions in this Act.
If not exercised for 5 years
The statute of limitations is complete. However, in other laws
If there is a provision for a shorter term than this,
according to that regulation.
When the validity period is 5 years
There was a reason for everything.
Also, in addition to the
customer’s credit rating
In line with the trend of social change
to change service
It is not good if the validity period is too long or too short.
Let’s say it’s for 5 years.
★What is the statute of limitations
Even if the right holder could exercise the right
If you do not exercise your rights for a certain period of time
This is the period during which the right expires.
When the statute of limitations expires, the bond is extinguished.
Interest receivables also expire.
debit card, credit card
When renewal is required due to the expiry of the validity period
A few months before the expiry date, the card issuer
Guidance is coming.
If you want to keep using the same type of card
Stay still and go to the credit card company
You can use the card issued
If you want to change to another type, please do so before 20 days.
You have to call customer service and let them know.
★In the case of a card that has not been used in the last 6 months
The credit card company does not automatically renew
A reminder letter is sent before the expiry date.
You can apply for reissuance according to the guidance letter.
Or leave it as it is and after the expiration date
You can throw it away
Don’t forget to cut with scissors and discard!
When you get a new card
The card number, cvc, and expiration date are all changed.
Cards registered in the app or simple payment
You have to change everything to make payment normally.
Gas, electricity, telecommunications, etc.
In case of automatic debit by card
It is automatically transferred to the reissued card.
But just in case
I’ll need to check after changing the card.
Even before the expiry date of the existing card
After receiving and registering a new card
Existing cards cannot be used