Can You Use an Old ATM Card After Activating a New One?

When you activate a new ATM card, you might wonder if you can continue using the old card. This question is quite common among bank customers, and the answer can vary depending on your bank's policies. While some banks do allow the use of the old card, many do not. It's essential to check with your specific bank for their guidelines on this matter.

Understanding ATM Card Activation

Typically, when you activate a new ATM card, the old card becomes inactive almost immediately or shortly after activation. However, the specific policies can differ from bank to bank. Some banks allow you to use the old card until its expiration date, while others do not. It is always wise to consult your bank's specific rules regarding card activation and usage.

Can You Use Both Old and New Cards?

Many banks do permit customers to use both the old and new cards, but a catch lies in the annual fees. Both cards may be subject to these charges, which can lead to additional expenses. Therefore, it is crucial to weigh the benefits of keeping both cards against your potential financial costs.

Real-Life Experiences Share

Some users have reported different experiences. For instance, SBI bank customers may be able to use both cards simultaneously. One user who renewed their SBI debit card while it was nearing expiration and then activated the new card found that both cards continued to work. This user also mentioned having used two cards in the past, one a SBI Maestro issued at the time of account opening, and the other a VISA card applied for later, which they closed after a month.

General Practices and Policies

Banks generally only issue one ATM card per account and deactivate the old card when a new one is activated. This is done to protect the interests of the card holder. Activating a new card usually results in the immediate deactivation of the old one to ensure the security and integrity of the account.

Safety and Activation Practices

Once a new card, whether a credit, debit, or ATM card, is activated, the old card is typically deactivated automatically. This is done to safeguard against any fraudulent activities or unauthorized usage. Moreover, a closed card cannot be re-activated. If your old card is closed, you must obtain a new one for future use, as an old and inactive card cannot be reopened.

Conclusion:

While some banks allow the use of old cards after activating new ones, it is highly advisable to check your bank's specific policies. Always prioritize your security and follow the bank's guidelines for card usage to avoid any inconvenience or potential financial risks.