Question

What happens after the expiration date of a credit card?

• A. Credit limit decreases
• B. Credit limit increases
• C. The card blows up
• D. The card no longer works

Answer 1

The correct option is D The card no longer works

• A credit card is a thin rectangular slab of plastic issued by a financial company especially a bank, that lets cardholders borrow funds to pay for goods and services.
• These cards impose the condition that cardholders pay back the borrowed money, plus interest, as well as any additional agreed-upon charges. It comes with an expiry date post which the card no longer works.