Credit cards are a means of payment that we use extensively in our daily lives. Credit card, which is one of the most used products of banks, is widely used in our country and the number of users is expressed in millions. In times when credit cards are used so intensively, the problems we have with the credit card also come along. In some cases, we may have to renew our credit card . If the credit card is stolen, lost, broken or does not work, we apply for credit card renewal . Credit cards may become deformed after a certain period of time and become unusable for transactions. However, there are some reasons that credit cards are automatically renewed. When the expiry date of the credit card expires, the bank performs a search and tells you that your new credit card is redirected to your address and the old card should be broken and discarded with the arrival of the new card. So how to renew your credit card ?
What is Credit Card Renewal?
Credit cards are banking products that need to be renewed in some periods. For example, the bank tells the bank that credit cards should be canceled and expired when their expiration dates are reached. As they are registered in the systems, credit cards are shipped to the address registered in the bank as a cancellation upon expiry of the expiry date. Before this process is applied, the bank will make a call to you and confirm that the address is up to date.
If your credit card has been lost or stolen, you can report it to the bank through suspicious transaction notifications and have the old card canceled and replaced. As these transactions are of course short, some banks charge fees for these transactions. So, which bank is charged how much? Is there a charge for credit card renewal?
Is it Paid to Renew Credit Card?
Some banks do not charge fees for credit card renewal transactions, as they are based on an inexpensive banking policy. Some banks charge fees for all card renewals, while others demand certain fees by calling certain conditions. At this stage, the reason you want to renew your credit card is the most important factor. Credit card renewal fees are subject to card change requests ;
- Lost or stolen card,
- Card breaking, tearing, deforming,
- Renewal of the card at your request.
As in card renewal transactions , banks are able to charge fees from customers. However, this is not the case for expired cards. Since the expiry date is automatically renewed by the bank, the banks do not charge any fees. Some banks do not charge any card renewal transactions due to their inexpensive banking policy. What are Credit Card Renewal Fees ?
What are Credit Card Renewal Fees?
In accordance with their own policies, each bank charges certain fees for card renewals . Since this fee varies according to the content of the old card renewal process, it is not possible to say that the credit card renewal fee is as follows. If you apply to the bank yourself to renew your credit card, you can get information about credit card renewal fees, you can proceed with your request. However, on average, banks’ credit card renewal fees vary between 8 and 15 TL . This fee has nothing to do with card fees .
Renewed Card In How Many Days?
In this case, the process of bank transactions is completely effective. Although banks immediately process the card renewal request, shipping and courier operations can make things a little long. Both the new card and the number of renewed cards, because of the high number of couriers due to the delivery time of credit cards can be extended.
Renewed credit cards are delivered on average between 15 and 20 days . 2-3 days of this process is preparation (card printing), 3-4 days is cargo, the remaining days is the courier stage. During the delivery of credit cards, the density is mostly on the courier side and courier procedures take longer. You can get information by calling both your bank and the courier company to find out the status, where and when the credit card will be delivered. When the card is delivered to the cargo, it is sent as an information SMS by the bank which courier company will be delivered with.