diff --git a/addons/loyalty/report/loyalty_report_templates.xml b/addons/loyalty/report/loyalty_report_templates.xml
index 557d92fc52d..93976a76be0 100644
--- a/addons/loyalty/report/loyalty_report_templates.xml
+++ b/addons/loyalty/report/loyalty_report_templates.xml
@@ -106,7 +106,7 @@
                     </p>
                 </div>
                 <div class="oe_structure"></div>
-                <div style="padding:0; margin:0px; padding-top:10px; padding-bottom:10px; text-align:center;">
+                <div t-if="o.expiration_date" style="padding:0; margin:0px; padding-top:10px; padding-bottom:10px; text-align:center;">
                     <h3 style="margin:0px; line-height:17px; font-family:arial, 'helvetica neue', helvetica, sans-serif; font-size:14px; font-style:normal; font-weight:normal; color:#A9A9A9; text-align:center">
                         Card expires <span t-field="o.expiration_date">2023-12-31</span>
                     </h3>