My credit card has an expiration date, what for?

Answered on April 08, 2011
Updated on April 08, 2011
The content is accurate at the time of publication and is subject to change.
James Williams James Williams
Credit cards do have an expiration date and that`s because of magnetic stripes. Magnetic stripes can`t work forever, they just wear out. And what is more, that1s a good reason for a credit card company to stay in touch with you as a credit cardholder.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

User Comments about This Question

BROWSE MORE QUESTIONS ABOUT Mastercard Credit Cards:

There are different redemption options depending on the card you choose. Rewards credit cards like the Choice Rewards World Mastercard® and the Platinum Rewards Mastercard® allow redeeming earned rewards points for travel, merchandise, events and activities, charitable donations, and gift cards. Cardholders can also take advantage of the exciting merchant offers that come with World and World Elite Mastercard®. There's no limit to how many rewards points you can earn, and your points never expire. Redeeming rewards points with First Tech is straightforward. Members must log in to...
The Destiny Mastercard is an unsecured credit card for those with a bad to poor credit score. Even those who have declared bankruptcies in the past can qualify. Unlike other cards that help build credit, this card does not charge a security deposit. This card also sends reports to all the three major credit bureaus, which helps establish a good credit score with proper card usage.
Today, there are a number of different credit card options for you to pick out from. However, you need to know about all your options and factor in different attributes before you can decide about which particular option you would want to opt for. Remember that when it comes to credit cards, it is important to look at the different options that you do have so that you can keep a track of your finances. An option that many people seem to be going in for these days is that of the Mastercard credit cards. Once you hear all the benefits that this card has to offer, you might probably be able to...

Have A Credit Card Question? Ask Our Experts

Help us personalize your results
Your Credit History:
Do you have checking account?
How long have you had a loan or credit card?
Have you ever been declared bankrupt or defaulted on a loan?
Have you been late on any credit card or loan in the last year?
* - marked fields are required to be filled
By submitting your question, you agree to the following:*
Here at BestCreditOffers.com we will answer all questions to the best of our knowledge and understanding, but we are not legally accredited professionals. We assume no liability for actions resulting from our advice and cannot guarantee the accuracy of information in all cases. Please seek appropriate professional or legal advice when needed.
ASK YOUR QUESTION
ASK YOUR QUESTION

LOOKING FOR A CARD?

There is a credit card for any credit and for any purpose. Whether you want to start building your credit from scratch or earn rewards on purchases, save on gas or travel for free, you can find a good credit card offer for that.