What is what to do when debit card expires?

When your debit card expires, here's what you need to do:

• Check Your Mail: Most banks automatically send a replacement card a few weeks before your old card's expiration date. Look for it in your mail.

• Activate the New Card: Once you receive your new card, you'll need to activate it. This usually involves calling a toll-free number provided on a sticker on the card or logging into your bank's website or mobile app. Check your bank's instructions for exact activation steps.

• Destroy the Old Card: After activating the new card, it is very important to securely destroy your old card. Cut it up into several pieces, paying special attention to the magnetic stripe and the chip.

• Update Automatic Payments: You'll need to update any automatic payments or subscriptions that use your debit card information. This includes things like online subscriptions, utility bills, and recurring donations. The expiration date and sometimes the card's CVV/CVC code will have changed. You can learn more about automatic%20payments and how to update them.

• Inform Relevant Parties: If you've given your debit card details to any other businesses (e.g., for phone orders, pre-authorized payments), inform them of the new card number and expiration date.

• Contact Your Bank if Needed: If you haven't received a new card a couple of weeks before your expiration date, contact your bank immediately. This is particularly important if you've recently moved and they may have sent the card to your old address. Address changes with the bank are important.

• Review Your Statements: After activating the new card, review your statements to ensure all transactions are accurate.

• Understand the Expiration Date: The expiration date is usually printed on the front of your card in the format MM/YY (month/year). The card is valid until the end of the month shown.