Debit card expires soon – but when will you receive a new card?

Martin Lewis reveals which debit cards to AVOID abroad

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Debit cards are used across the country. In July 2019, there were 97.3 million debit cards and 61.9 million credit cards issued in the UK. This means people were 57 percent more likely to own a debit card. Usually, cards expire every two to five years depending on your bank or card provider.

A bizarre story concerning a man who was sent 64 replacement debit cards from his bank hit the news this month.

The man, known as Peter, was bewildered after his bank continued to send several cards to his home.

On Reddit, he wrote: “Back in December, I started receiving replacement debit cards.

“They’d show up one or two at a time every few days.”

When does your card expire?

All debit cards will have an expiry date on them.

Normally the date will be written with the month and date such as 03/21.

Taking the above example into account, this would mean your card will expire on March 31, 2021.

The expiry date outlines the final month your card is active and therefore your card will officially expire on the last day of that month.

But if your debit card is due to expire, what should you do?

Typically banks will automatically send out new cards before your debit card expires.

Different banks will have different timelines outlining when they typically send out new cards.

If you do not receive a card ahead of the expiry date, you should contact your bank to request a new card.

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When does each bank typically send out replacement cards?

  • Barclays: Around a month before your card expires
  • HSBC: Usually one to two months before your card expires
  • Monzo: Eight to 11 weeks before your card expires
  • Lloyds: Around a week before your card expires
  • Natwest: At least one week before your card expires
  • Nationwide: At least one week before your card expires
  • Santander: Approximately 60 days before your card expires

What do you need to do when you receive your new card?

Before using a new card you may need to activate it.

Not all cards require activation, but many do.

When your card is sent to you, you should be told if you need to activate it or not.

There are three ways you can do this: calling the automated card number, activating it through the bank or through transactions.

Your card will likely include a sticker on top of it which will detail a number you can call to activate it.

Many banks will also allow you to activate it over the phone or via your online banking platforms.

You may also be able to activate your card by using it, but only if you insert your PIN number when paying for an item.

After you have activated your card, you should be able to use contactless payment if your card permits.

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