Most of us have at least one or two bills that are paid automatically using a debit card or credit card. I have two. And I always forget that the expiration date matters.
Fortunately one of the bills I pay, my health insurance, is very good about sending me a reminder when my card is about to expire. The letter even has a form for me to complete with the new information. But the other bill I pay doesn’t do that. So it’s up to me to remember to notify them. And I wouldn’t remember if it wasn’t for my health insurance provider’s reminder.
So what’s the lesson here? If you pay any bills using your debit card or credit card, be sure and make a note somewhere (mine will be in my planner) when the card expires and who you need to contact with the new expiration date. If you forget, your bill(s) might not be paid.
How do you remember to update the expiration date on your cards when you use them to pay bills?