What To Do When You Lose Your Credit Card

By Elie Agz


Most banks around the world, including major credit card providers, have made quantum leaps in credit card services that when unfortunate events happen like a lost or stolen credit card, you can go on with your activities no matter where you are. Of course, the first thing you’d want to avoid is the financial damage it can do to your credit at someone else’s hand, especially if you have a high credit limit.

Here are 4 quick steps you can do to prevent that:

1. Report the Loss

Don’t waste your time looking for your wallet or credit card, especially if you suspect that someone may have stolen it. Immediately call the issuing bank’s 24 hour emergency contact. It’s a good idea to keep your credit card number and the issuing bank hotline in safe note apart from your purse and smartphones. Ask the bank to block your card. After the report, youare no longer responsible for any purchases made with the card.

2. Get a Replacement Card

Once you have reported the lost or stolen card, you should ask the Customer Service officer to transfer you to a credit card specialist. The person will then assist you in getting a replacement card. The card will normally be sent to your hotel or address where you are staying, usually within 24 hours or less. They will need to verify the address and you will need to give them the name of the person that will take delivery of your replacement card.

3. Ask for a Reference Number of Your Report

Always ask for a log or reference number of your report, as well as the Toll Free number, so that you can call back in case there is some delay.

4. Use the Replacement Card Wisely

When using a replacement card for payments, you may experience slight problems when a salesperson tries to swipe the card. Just ask them to key in the numbers of the card instead.
Losing your credit card can be quite distressing, especially if you’re abroad. Your primary objective is avoid financial loss from an unsecured loan that someone who picks up your card might decide to misuse. You are liable to pay huge amounts to the bank if you fail to report it as soon as possible, so it is better to be safe than sorry.

Did you ever lose your credit card? What were its consequences? Was the thief ever caught?Tell us how you handled the situation.


About Asmartrock

N. Mark Castro is the Southeast Asia Director of JUMP DIGITAL Asia, which is an internationally-awarded and fully integrated digital marketing agency with 5 out of 10 offices in the ASEAN region. He is also the Secretary General of the Philippine Business Club Indonesia, managing and assisting the traffic of investments between the Philippines and Indonesia. He shuttles between Indonesia, Philippines, Myanmar, Singapore, Cambodia, and Australia. The views posted here are his own and do not in any way reflect the views of the companies he represents.

Posted on December 3, 2012, in General, Previous and tagged , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Charlotte Setijadi

Anthropologist & Contemporary Historian of Chinese Diaspora in Southeast Asia


Street Photography • Astrophotography • iPhoneography • Portraits


Faces and Places


Unspinning spin and other distractions


This WordPress.com site is the bee's knees

Salt and Light

Talk minor, act major.


any screen one goals, Yours

Don Charisma

because anything is possible with Charisma

We'll Always have Casablanca

Maybe not today, maybe not tomorrow...but soon! And for the rest of your life.

blueVisions Indonesia

Certainty, Innovation, Excellence.

blueVisions Australia

Certainty, Innovation, Excellence.

Health & Family

A healthy balance of the mind, body and spirit

Teppy and Her Other Sides

Eat well, live well, and be merry!


my collection of love & hearts for you and from you, around the world


Confronting stupid people with the cold hard conservative fist of truth


...of wander & wonders

%d bloggers like this: