Oschadbank has announced a large-scale update of client accounts, which will start on July 1, 2025. As part of this process, some bank cards will be automatically canceled, in particular those that have expired or have not been used for a long time.
According to the financial institution, the update will cover cards that have expired or are expiring by March 2025 inclusive. If the owners have not applied for reissue, such cards will be blocked without the possibility of use.
"After blocking, the card cannot be used for any financial transactions: payments, transfers, cash withdrawals, or top-ups," Oschadbank notes.
What should customers do?
To avoid inconvenience, the bank recommends contacting a branch in advance or using online banking to apply for a new card. This procedure is free and takes a minimum of time.
In addition, inactive accounts are subject to automatic closure, i.e. those on which there are no transactions for a long period and the balance is 0 UAH.
Oschadbank emphasizes that all clients affected by the blocking will receive personal notifications with relevant information and a call to update their card.
The financial institution emphasizes that timely card updates are an important component of security that helps avoid fraud, ensures uninterrupted access to funds, and keeps the client's personal data up to date.
