Isn't it a pain in the neck when a stored credit card expires and you have to update dozens of accounts?
Just about everyone today has at least a few bills that are automatically paid by a stored debit or credit card number. In fact, for a lot of people, they rarely need to write a physical check, because they can pay just about every bill from a stored card number.
Unfortunately, stored cards have expiration dates, and from time to time a bank will send out new cards even before the expiration dates. For example, my bank changed their logo a few years ago, so they issued new cards, and they sent another replacement when they incorporated support for the new chip based security.
In each case, whenever a card expiration date changes, we are forced to change the stored card... [More]
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