Recently a Capital One Credit Card was recently lost by the issuer to an unknown thief. The thief got away with $500 from the card user. There are several precautionary steps that should be taken when you lose your Capital One Credit Card.
First, never sign any checks for money online. It appears legitimate but it also holds the risk of being run. Make use of the ATM to withdraw the money instead. It is always better to be safe than sorry especially when dealing with important financial matters.
Second, freeze all your accounts. This means you should not open new accounts that may have been opened within the last sixty days. Banks may now freeze your account, to prevent abuse of the system. It could also indicate that your account has been accessed without your authorization. The purpose of this is to prevent any possible misuse of your account such as fraud.
Third, make sure that you cancel your credit cards. It is best if you can do so because once they are stolen, they are not recoverable. If they are used to make purchases, you will need to cancel the transactions immediately. If you used them to pay for something that was already purchased, all you have to do is report the stolen item to your creditor.
Fourth, always keep your card with you. Even if you have a photocopy of your ID and your signature, it is still important to store the card away in a safe place. Make it sure that you have it with you at all times.
Fifth, call your creditor immediately. When you reported the stolen card, your creditor should have contacted you by phone. Get the tracking number of your card. Bring this to your local branch and report for tracking the lost card. The sooner you do this, the sooner you will be able to retrieve your money. Also, ask for instructions from them on how to cancel your card.
Sixth, contact your bank immediately. Call your bank to inform them of the theft. They may have the ability to check out the security code of your credit card. If you have not updated it, the thief can use the security code to access your account. Also, ask for instructions from them on how to cancel your lost card.
Seventh, request for a duplicate of your lost card. If the thief used the security pin to get into your account, they may have used the number that is on the back of your lost card. A good idea would be to order another copy of the card so you can have a record and present to your creditor.
Finally, you may need to apply for a new credit card. This can take up to ten days, so make sure to get a hold of your new card as soon as possible. Contact your creditor and provide them with the tracking information on the lost card. Once they have your new information, you can apply for your new card.
Keep in mind that even though you've replaced your lost card, chances are the thief will be trying to obtain other credit cards. In addition, if you've previously had a loan with Capital One or any other company, their name may be on the new cards. Also, you should contact the bureaus that maintain the records of accounts you've previously had. You may accidentally get hit with another scam after you've already secured your new credit card.
It's also important to know that you can only replace your lost credit card with funds from the bank that holds your original account. If you have an open account at another bank, you won't be able to access the funds. If you have a closed account, you will be able to access funds. If you have a bank account that is over a year old, you'll have to wait until the bank sends you a mail informing you that your account is closed.
Once you replace your card with a new one, be sure to monitor your credit. Don't let anyone use your credit unless you're the only one who has it. If you have been the victim of theft, inform the police immediately. You should contact your bank and explain the situation to them. If you don't receive a prompt and adequate response, you should consider canceling your card. Once you have done so, you will be able to monitor your credit again and prevent further losses.
What Do I Do If My Capital One Card Was Lost or Stolen? – capital one credit card lost | capital one credit card lost
QuicksilverOne – Unlimited 5 | capital one credit card lost
Contact Us – Capital One – capital one credit card lost | capital one credit card lost
Capital One Platinum Credit Card Review CreditCards | capital one credit card lost
Build Credit with a Secured Credit Card Capital One – capital one credit card lost | capital one credit card lost
One of the top-rated pet care brands in the United States is Cabela's. At Cabela's, your pets get the highest level of care and service. There are numerous Cabela's stores around the country. Each store has a wide selection of quality pet products, including food, snacks, pet beds, and cat toys. Cabela's is a ...
Capital One offers a wide selection of financial tools, which includes many different credit card options. Each Capital One Credit Card is issued under the names of individual banks and credit unions and are therefore unique. As such, they have slightly different features, rewards, rates, and other terms and conditions than one would find ...