According to the principle of contractual freedom, card-issuing payment service providers are free to decide whether or not they will issue or reissue a bank card to a certain customer. Likewise, customers are free to accept or refuse the issuers’ conditions with regard to the cards they issue.

However, given that the decision not to reissue a card constitutes a contractual change, card issuers must report it to the cardholders no later than two months before their proposed date of application.