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Call ? or get on the mobile app ? and report the loss or theft to the bank or credit union that issued the card as soon as possible. Federal law says you're not responsible to pay for charges or withdrawals made without your permission if they happen after you report the loss.
Notify Your Credit Card Issuer Some issuers allow for fraud reporting in their app or on their website, though you may need to call the number on the back of your card.
You should consistently take steps to protect your credit so you minimize the chance that you'll become a victim of fraud. If you find that your card has been lost or stolen, it's important that you act fast to safeguard your credit card information and alert your card issuer that your account has been compromised.
Credit card companies hire multiple fraud investigators whose primary responsibility is investigating reports of fraud. A credit card company's fraud investigation largely depends on whether the credit card owner is aware of the fraudulent transactions and reports them to the company.
Also, if an unauthorized charge to your ATM is reported to your bank statement, you are liable for the full amount unless you report the charge within 60 days of the date the statement is sent to you. In other words, report the loss/theft of your ATM card immediately.
Lying to obtain a financial benefit is a fraud crime, even if the lie is small. It may take some time for the lie to be discovered, but if it is, you could face criminal charges, and you could end up with jail time.
Police won't spend much time on it. They understand that credit cards can be turned off and reissued and that you are insured against fraud. They will only be interested in the report if they suspect you have been pickpocketed so they will know the area where such crimes are happening.
Most credit card issuers will not hold the cardholder responsible for fraudulent charges. A stolen or lost credit card can hurt a consumer's credit score if the card is used and the cardholder doesn't report the fraud and then fails to pay the charges. Review your credit report regularly to monitor for signs of fraud.