Protecting Yourself If Your Cards Are Lost or Stolen
Subsequently, you might experience the inconvenience of not being able to use your cards - whether it's to make a purchase or to withdraw money out of the cash machine. Either way, losing your cards or having them stolen can be stressful. So it pays to ensure you're protected, just in case.
However, while nothing can completely prevent you from loosing your credit, debit or store cards there are certainly ways to alleviate the anxiety. Some cards already come with a protection plan in place, to help you with cancellation and quick replacement in the event that your card is lost or stolen. However, card-specific protection plans are just that: specific to - and only to - that one card. In fact, some of your cards might not even have protection in place.
But often - especially if theft is the case, or if you lose your entire wallet - multiple cards are lost. So if some of those cards aren't protected, you're likely to experience some stress. Moreover, even if some of your cards are covered by their own protection plans, you'll be required to call each and every customer service department to cancel the card and order a replacement.
Many consumers want to know: is there an easier way to handle card loss or theft? After all, losing our cards is troublesome enough - so having to deal with the aftermath shouldn't be so demanding. A much easier way to deal with lost or stolen cards is to have a protection plan in place that spans all of your credit, debit or store cards. That means that if your credit, debit or store cards are lost or stolen, you and other members of your household will be protected from fraud and given assistance in emergency situations.
As such, one call can take care of all your cards that were lost or stolen; all of your card companies will be contacted and all your lost or stolen cards cancelled, arrangements will be made for replacement cards, and you'll be covered for fraudulent use of your cards. You can even gain access to emergency cash if your cards are lost or stolen while you're stranded away from the UK.
Therefore, it can prove worthwhile to investigate a suitable card protection plan; in the event that your credit, debit or store cards are stolen.