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

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.”

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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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