Valid Date

A valid date refers to the expiration date associated with a credit or debit card. Only transactions completed on or before the card’s expiration date are valid. Once the card expires, it can no longer be used.

In the context of the chargeback process, a valid date refers to the timeline within which cardholders can file chargebacks against fraudulent transactions, erroneous charges, or transactions associated with defective or undelivered goods. In order to be valid, cardholders must typically file chargebacks no more than 120 days after the expected delivery date or the date of the original transaction.