Just learned this one today. If you need to replace your credit card because you lost it or it was stolen my bank USAA does one of two things they either “close it out” or they update it via the “Visa Account Updater”. If closed out then you will have to give the gym, Netflix, or whomever your new card. If you say misplace the card the bank with use Visa Account Updater and everyone gets you new billing information. I would prefer the close out because it would also get rid of those auto renewals I forget about or the subscriptions I forgot about as well.