ARTICLE 19
| No: 361000090389 | Date(g): 15/4/2015 | Date(h): 26/6/1436 | Status: In-Force |
A replacement Credit or Charge Card with a new validity period may be issued by a Card Issuer to a Cardholder in the following scenarios:
| a. | The card has been reported as lost, stolen or damaged. | ||
| b. | The card has been invalidated on suspicion of a fraud or suspicious transaction. | ||
| c. | The validity period of the card is due to expire, and the replacement card is of the same type as the Credit or Charge Card so replaced. | ||
| d. | Any other technical reasons including systems and technology enhancements. | ||
| e | The account is not delinquent. | ||
| f | A Co-branded card, affinity card or private label card has terminated and a replacement card is issued according to the provisions of the original card Agreement between the Card Issuer and the Cardholder. | ||
| g. | New or updated requirements and Regulations. |
The Card holder has the right to accept or reject the replacement card. A Cardholder shall be deemed to have given their consent if they:
- do not express an objection to the notices referred to in the preceding paragraph within 2 weeks from the issuance of such notices, or
- activates the replacement Credit or Charge Card.