Know how to block credit card when it’s lost, stolen, or you observe fraudulent transactions?
Losing your credit card or having it stolen can be a stressful experience. To prevent unauthorized transactions, it’s essential to block your credit card immediately.
Why Block Your Credit Card?
Blocking your credit card prevents fraudulent transactions and protects your funds. It’s crucial to act fast to minimize potential damage.
How to block credit card?
When a credit card is lost or a fraudulent transaction is noticed, it is better to block the card as soon as possible. There are different ways to block a credit card, let’s know how now.
1) Customer Care
Call the customer care helpline number and block the credit card. After connecting to customer care, the customer care representative will ask for your identity and details like the last transaction of your card.
The bank will block the card after verifying the details provided by the cardholder.
2) Via SMS
Some banks allow customers to block their credit cards through ‘SMS’. For example, type the last four digits of your card number, give a space and type the unique number provided by the bank and then OK.
Such message should be sent only from the registered mobile number of the user.
3) Net Banking
Some banks allow temporary blocking of credit card through net banking.
This process is very simple.
Login to your net banking account. Then go to Credit Cards section and click on ‘Black Credit Card’.
4) Mobile App
Nowadays all banks have mobile application. Through this you can manage your credit card account.
This app can be used to block. The process is generally similar to net banking.
5) By Branch
It is possible to visit a bank branch and file a written request to block your credit card. Some banks also have an application form for this.
6) E-mail
You can send an e-mail to your card issuer stating your request to block the credit card.
In this you have to give details like your credit card number, name, address, phone number etc.
However, the process of card blocking through e-mail is not immediate, it takes a delay.
What to Do After Blocking Your Card?
- Request a replacement card.
- Update your card details with merchants and subscription services.
- Monitor your account for any suspicious transactions.
Please Remember
- Keep your bank’s contact information handy, like the customer service number or app login details.
- Regularly review your credit card statements for any suspicious activity.
- Consider enabling SMS alerts for transactions on your card.
Blocking your credit card is a simple process that protects your funds and prevents fraud. Remember to act fast and follow these step-by-step instructions to block your credit card securely.