Credit card is one of the most useful things that allow us to maintain our finances easily. But it can create a problem if our card gets lost or stolen. In this case, you should take some steps at earliest to avoid any misuse of your card. Let’s check out them one by one below.
Make a call to Credit Card Company
This would be the first step you should take to avoid any kind of misuse of your card. Call the customer care of your credit card issuer and inform them that your card is lost so that they can block the card from their side. They will ask for some basic information to confirm your identity and will block the card to use further.
Be Prepare with Right Information
This is a wiser step and you should keep your card details stored in your smartphone or laptop. So whenever needed you can tell the card number and other details that will be helpful in card blocking process. The issuer can only block your card after successful identification of your details. Also, they will ask when and how your card gets lost.
Lodge an FIR
This is also an important step to complain about your card this will make you safe if the card is misused by someone. For this, you should provide your identity, card details, and circumstances in which your card is lost. They will lodge an FIR and will give you a copy of that.
Regularly Check your Credit Card Statement
This will help you to find out that your card is getting used by someone or not. Through this statement, you can hurry up the process of blocking the card if this is getting worse. There are plenty of credit card companies that provide facilities to monitor your card statement through their mobile app. So it will be very convenient to keep an eye on the statement.
Update your Auto-Pay Setups
There are multiple usages of credit cards and auto-pay setups are one of them. We all use this service for paying payments for our monthly bills and EMIs automatically. So you should shut down these services to avoid any misuse and you can continue them after getting the new card.