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I think credit cards have an expiration date because it gives them a contractual âoutâ by saying a contract was only for a stated period and not an open-ended contract. The magnetic strip is a bunch of hogwash. The credit card companies do not want to send out millions of cards just because they might wear out.
Most prepaid SIM cards have expiration dates. If the SIM card is inactive for a certain period, usually about three months, users will lose whatever money they have put on the card and haven't yet used. After about nine months to one year, many operators will deactivate the SIM card and phone number.