Lost your ATM Card? Here is What You Should Do

The banking industry is a huge industry with a number of banks operating from every corner of the world. It just does not matter from which country or from which part of the world you are. You will find a bank that is helping the people in terms of money management.

There was a time when the banks only dealt with money management. They used to accept deposits from the people and lend the same money to those who are in need of loans. But now this is not the case. The banks have so many features to offer to their customers.

And the ATM Card or the debit card is one of them. A few years ago when people used to open a new bank account they used to get the checkbook and the bank passbook from the bank. But not the ATM card. To get the card the customer had to apply separately.

Now we are getting it from the bank by default. This card helps us a lot and we have adopted this card in a very well manner into our life. No matter what is the time of day you can withdraw money and make payments both online and offline.

Such a helpful thing right?

Yes, it is but what if you have lost your ATM card somewhere? Will it harm you and if yes then how much can it har, you?

Well, in short, my answer is all your bank account balance can be taken down to zero. This is how much your lost card can harm you. And I don't think any of us would like to lose all the hard-earned money we have deposited in the bank account.

Then What is the Solution?

The solution to this problem is very simple, but you need to take action at the right point in time. I had lost my State Bank of India ATM card and was really afraid. Then I searched on the internet for the solution and then I found the answer on Bank With Us.

I read the article completely and discovered the different methods to block the card so that it can not be used by anyone. And that is the solution to this problem. You need to block the card to avoid possible financial losses. I am today writing this guide to help the people who have lost their ATM Card.

I just mentioned that you should take the action at the right point in time.

But what do I mean by that? And when you should take the action.

You should take action immediately after you realize that you have lost your ATM Card.

Which Bank's Customers Can Use this Guide?

The customers of any bank can use this guide. Because this guide tells you the basic thing you should do after you realize that you have lost the ATM Card.

So don't worry about the applicability of the information mentioned in this guide. But before I start I want to tell you one thing.

And that is no matter who the person is and where you have met him or her. (either online or offline) You should never share your bank account and card details with anyone.

Sharing the details will make our bank account and the money in the account vulnerable. So always keep this thing in your mind.

And sometimes we receive calls, SMS, and emails in which the sender will be asking us to provide details like card number, etc. But you should never share any of your details.

The bank will never call you or send you an email asking for such details. If you share any of your details then you are putting your account into danger. You can read about telephone bank fraud here.

What is the Best Way to Block the Lost Card?

The best way to block the card is by calling the customer care of your bank. And telling them that you have lost your card. The support person on the call will ask you a few questions you just need to answer those correctly. And your card will be blocked.

But how can you find the customer care number of your bank?

You can search for the customer care number on the internet. Use any search engine and you will find the number. But I recommended you can visit the official website of your bank to find the most accurate information.

Is there any other way?

Yes, there is not only one other way. But there are many like you can block the card by sending an SMS to the bank. You can even use the mobile banking application and internet banking as well. But the reason why I recommended you to call your bank's customer care is it is quite an easy method to block the card.