why do credit cards have an expiration date?

Question

I get needing expiration dates back when they first came out, but it seems sort of antiquated in today’s world.

In: 17

Answer 1

I mostly covered this is a subcomment but felt like it should be direct response. The answer is 1. Card security, 2. Card supply management, and 3. Customer engagement checkpoint. Here is a decent [article that spells it more eloquently.](https://wallethub.com/edu/cc/credit-cards-expiration-date/25566#:~:text=The%20inclusion%20of%20expiration%20dates,ease%20with%20which%20criminals%20can)