Hi..I read the news about recycling of old credit/debit cards by Mastercard. I found it interesting and wanted to share here:
Have a look:
www.reuters.com
Few Important facts shared:
This move is definitely environmental friendly. But I am more interested in knowing how we handle/manage the old cards after closure or replacement. A few options in my opinion are:
Here I go, I have around 12 active and 50+ old/expired cards. As suggested all the cards are with me. Initially I kept these for security, I used to think that even expired someone could do something with it. And now it is more of a collection and there is always a space for 250 grams of plastic at home..isn't it 🙂
Looking forward for the interesting responses on this :
Have a look:

Mastercard launches global plan to recycle credit cards
Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in circulation across the industry from landfill.


Few Important facts shared:
- Total Cards in circulation (Industry estimate) - 26 Billion (2022). It will increase to 28.4 Billion in 2027.
- Yearly new cards - 600 Million
- 10000 cards weigh around 50 KG.
This move is definitely environmental friendly. But I am more interested in knowing how we handle/manage the old cards after closure or replacement. A few options in my opinion are:
- Souvenir - There is no reason of dislike keeping old cards. Not only it makes a great collection but also every card has a story which you would like remember and laugh may be later 🙂
- Discard - Just like the book says, cut the card in diagonal and throw or shred.
- Re-use - As Key-chain or flash cards or something else
- Recycle - If it is available and being done.
- Nothing - since the card is expired and closed or not in use. So it doesn't matter what happens to it( somewhere in house, dustbin etc) 😛
- Others - Not sure but I really think within this community we can get some interesting answers.
Here I go, I have around 12 active and 50+ old/expired cards. As suggested all the cards are with me. Initially I kept these for security, I used to think that even expired someone could do something with it. And now it is more of a collection and there is always a space for 250 grams of plastic at home..isn't it 🙂
Looking forward for the interesting responses on this :