Credit card expiration dates - Inclusive or exclusive?
Say you've got a credit card number with an expiration date of 05/08 - i.e. May 2008.
Does that mean the card expires on the morning of the 1st of May 2008, or the night of the 31st of May 2008?
Answer
It took me a couple of minutes to find a site that I could source for this.
The card is valid until the last day of the month indicated, after the last [sic]1 day of the next month; the card cannot be used to make a purchase if the merchant attempts to obtain an authorization. - Source
Also, while looking this up, I found an interesting article on Microsoft's website using an example like this, exec summary: Access 2000 for a month/year defaults to the first day of the month, here's how to override that to calculate the end of the month like you'd want for a credit card.
Additionally, this page has everything you ever wanted to know about credit cards.
- This is assumed to be a typo and that it should read "..., after the first day of the next month; ..."