Credit card lost or stolen? Here's exactly what to do, step-by-step - Business Insider

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Here's what to do if your credit card is lost or stolen, whether you're at home or traveling abroad

Update automatic payment settings

When you report your credit card as lost or stolen, your card issuer will deactivate the account and send you a replacement with a new card number, expiration date, and CVV code.You'll need to update all that information anywhere you use the old card to make recurring payments , and review transactions initiated with the old card that haven't fully processed . If you neglect this step, your old card will be charged , which could result in late fees, cancellations, and other costs.

representing different card issuers and networks so you have a variety of options if one is out of service.A lower credit limit means lower exposure to criminal activity, so I always pack one card with a credit limit I've reduced to $2,000. That limit is enough to cover my everyday expenses like meals and local transportation, but low enough to avoid catastrophe if I were somehow to be held liable for fraudulent charges.

 

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