diff --git a/ts/features/walletV3/details/screens/WalletDetailsScreen.tsx b/ts/features/walletV3/details/screens/WalletDetailsScreen.tsx
index 64c923cf7b8..2eec49f09b4 100644
--- a/ts/features/walletV3/details/screens/WalletDetailsScreen.tsx
+++ b/ts/features/walletV3/details/screens/WalletDetailsScreen.tsx
@@ -21,6 +21,7 @@ import {
 } from "../store";
 import { walletDetailsGetInstrument } from "../store/actions";
 import { UIWalletInfoDetails } from "../types/UIWalletInfoDetails";
+import { getDateFromExpiryDate } from "../../../../utils/dates";
 
 export type WalletDetailsScreenNavigationParams = Readonly<{
   walletId: string;
@@ -46,7 +47,7 @@ const generateCardComponent = (details: UIWalletInfoDetails) => {
     <PaymentCardBig
       testID="CreditCardComponent"
       cardType="CREDIT"
-      expirationDate={details.expiryDate}
+      expirationDate={getDateFromExpiryDate(details.expiryDate)}
       holderName={details.holder || ""}
       hpan={details.maskedPan || ""}
       cardIcon={details.brand?.toLowerCase() as IOLogoPaymentExtType}
diff --git a/ts/utils/dates.ts b/ts/utils/dates.ts
index 009d0fb6805..41b5b99c83a 100644
--- a/ts/utils/dates.ts
+++ b/ts/utils/dates.ts
@@ -231,8 +231,8 @@ export const isExpired = (
  * @param expiryDate
  */
 export const isExpiredDate = (expiryDate: string): boolean => {
-  const year = +expiryDate.slice(3, 5);
-  const month = +expiryDate.slice(0, 3);
+  const year = +expiryDate.slice(0, 4);
+  const month = +expiryDate.slice(4, 6);
   const now = new Date();
   const nowYearMonth = new Date(now.getFullYear(), now.getMonth() + 1);
   const cardExpirationDate = new Date(year, month);
@@ -320,3 +320,13 @@ export const toAndroidCacheTimestamp = () =>
     new Date(),
     I18n.t("global.dateFormats.shortFormat").replace(/\//g, "")
   );
+
+/**
+ * This function returns a Date object from a string in format "YYYYMM"
+ * @param expiryDate
+ */
+export const getDateFromExpiryDate = (expiryDate: string): Date => {
+  const year = +expiryDate.slice(0, 4);
+  const month = +expiryDate.slice(4, 6);
+  return new Date(year, month - 1);
+};