Old Credit cards handling - What do you do with it? Options ?

[It_is_Naruto]

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:

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.

www.reuters.com

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:

1. 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 🙂
2. Discard - Just like the book says, cut the card in diagonal and throw or shred.
3. Re-use - As Key-chain or flash cards or something else
4. Recycle - If it is available and being done.
5. 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) 😛
6. Others - Not sure but I really think within this community we can get some interesting answers.

So how many cards do you have with you...Active....Expired....and what do you do with it?
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 :

 

[Wealth is my birth right!]

@4uziaul , @VISHESH_BANSAL , @Rkr , @TechnoFino , @vaibhav111 , @Wealth is my birth right!
Any insights - Funny as well as Informative...both are welcome 😀

Having a special big scissor for this purpose it’s called as tailors scissors
I cut card into 4 then the electronic black part again cut into 2
Finally one day Dustbin 3 parts other day 3 parts disposal separately
FBI and NIA can’t get assembled it again
😜
Anyways I’m not such a big VIP lol

 

[It_is_Naruto]

Having a special big scissor for this purpose it’s called as tailors scissors
I cut card into 4 then the electronic black part again cut into 2
Finally one day Dustbin 3 parts other day 3 parts disposal separately
FBI and NIA can’t get assembled it again
😜
Anyways I’m not such a big VIP lol

Well...this is what motivated me to keep that 5 gm of plastic in some box and in the drawer 😉

 

[RkrRkr is verified member.]

Well...this is what motivated me to keep that 5 gm of plastic in some box and in the drawer 😉

Yes i have kept all the expired cards with utmost care as collection. Every card asaociated with some memory like (how much wait and struggle on those days one have done to got those cards)how i have got it.Now a days with digital kyc and verification,getting a card is little easier than the old days..see the age of my credit history in the image below.

 

[It_is_Naruto]

Yes i have kept all the expired cards with utmost care as collection. Every card asaociated with some memory like how(how much wait and struggle on those days) i have got it.Now a days with digital kyc and verification,getting a card is little easier than the old days..see the age of my credit history in the image below.

I agree... every card (especially the older ones) has something associated 🙂
Credit History --> Experience --> It is visible and is helping many here 👍

 

[sinew]

Hehe... Could not think this use ... I guess lot to learn 🙂

I live in Mumbai, this is what we do all day
Well atleast according to republic tv

 

[sinew]

Are you sure its atta ? 😉

Well you can also do rasna powder if you're into that

 

[It_is_Naruto]

I live in Mumbai, this is what we do all day
Well atleast according to republic tv

Republic TV wale bahut khush honge... "India wants to know" and you have spilled it out 😀

 

[sinew]

Admin, please create an atta/rasna consumers private forum so that we can discuss important topics like

Best card for atta consumption

1) Loyalty points
2) Domestic & international use
3) Medical and legal insurance
4) Metal vs Plastic

Obviously to enter the forum you have to send a pic of your username written in atta with a credit card in this fashion on dm to the admins 🙂

To create portions of atta 🙂. Can't dirty the current cards with residue

 

[krishc]

I preserve all my cards. I have over 60 closed cards (including debit cards, priority passes, and the like)

same here,
although have not reached 60 yet
with time, will have to be creative regarding storage

 

[It_is_Naruto]

Mastercard's initiative is getting expanded.. I guess " Mastercard ko ab sirf business nahi ...izzat bhi jyada chahiye "