Sunday morning I was cleaning out my wallet when I noticed an empty credit card slot. Normally there are two personal credit cards in addition to my debit card. The Costco American Express was not in place.
I’m known for throwing money, credit cards and other items casually in my purse so wasn’t surprised and went to dig through it. I found the receipt from our lunch Saturday but no card. I didn’t remember picking up the card or even seeing it when I got the receipt.
Fortunately, the card was at the restaurant and was retrieved after proving I was the person belong to the card. But what if you can’t find a missing credit card?
Report the Lost/Stolen Card
The first thing you should do if you’re missing a credit card is report it to the credit card issuer. You should be able to find the card number on a billing statement or your online account.
They’re going to want to know your most recent purchase and date along with the account number and when you noticed the card missing.
Just for the record there were several hours between when I noticed the card missing and was able to call the restaurant. I did NOT report it missing to the issuer because I could see online there hadn’t been any activity since lunch the previous day and was 100% certain it was left behind.
Deal with Fraudulent Charges
If someone did steal or find your card be sure they didn’t make any charges. You are responsible for a maximum of $50 in charges before the loss is reported and nothing afterwards.
However you may have to notify the credit card issuers of charges that are not your own. It’s always a good idea to review all bills but even more so now. Make sure all transactions are ones you or an authorized user made.
Prevention is the Best Advice
I could have saved myself some worry, time and gasoline if I had better habits for securing my credit cards. I went through a similar scare last year when putting a credit card in a jacket pocket instead of my purse.
Make sure you pick up the credit card before anything else whenever it is used. It’s also a good idea to keep a list of current accounts and contact information in a secure location at home.
When you get replacement cards, immediately destroy the old card. (I love cutting up credit cards.) I also separate the bits in separate garbage bags so no one could put them together and come up with the number.
Hopefully, you already have better habits than me but one of these tips might help you through a loss without any stress. Have you had a credit card stolen or lost?