Just created a new Apple ID. Now I'm worried about my credit card info from my old ID

Hello,
Not really sure where to ask this and I've been on the phone with apple all day so I don't want to call again haha. I recently had to change Apple IDs because I lost my password and recovery key (2 step verification) My question is will auto renewal subscriptions tied to that old account continue to take place or is that account (and the credit card number tied to it) effectively dead? I'm really not comfortable at all with the idea that my old ID could still be withdrawing from my bank account without my authorization.
Thanks,
Anthony

Settings/iTunes & App stores.

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