The Advantages of Having Card Protection
Finding out that your cards have been lost or stolen is not only stressful but also time-consuming to deal with. In addition to cancelling all your bank, credit and store cards, you will have to order new ones. You may be at risk of losing your money if someone has taken your cards in an attempt to use them fraudulently.
That's why it can be a good idea to invest in some sort of card protection plan. Designed to take the hassle out of having to make numerous phone calls, as well as suffering from any financial losses, card protection can eliminate the worry associated with losing your cards. It can also help you if you lose important documents like your driving license or passport.
Before you dismiss the notion entirely, just consider the statistics: research suggests that more than 13,000 bank, credit and stores cards are mislaid or stolen in Britain each day, whilst card fraud amounts to an annual total of 410 million. Of that, it has been found that online credit card fraud accounts for 110 million.
One of the biggest advantages of having card protection is that the company your details are registered with will handle all the work. Consequently, you only have to make one phone call to report your cards as missing and they will arrange to cancel your old ones and order replacements. It also acts as a safeguard against fraud for you and the members of your household.
Losing your cards or having them stolen when you are abroad can be disastrous, leaving you stranded without the means to get home. However, with a card protection plan, you don't have to fret about not having access to your money. Indeed, depending on your credit limit and location, you can expect to receive such benefits as cash advances, money towards the replacement cost of lost travel tickets and help to pay off things like your hotel bill.
Another benefit is that when you move home, the card protection company can advise your bank, credit card provider and the stores you have cards with of your new address. This means that you don't have to worry about making sure you have notified all the relevant parties, thus leaving you more free time to concentrate on moving.
It is an unfortunate fact that many people in the UK lose their cards or have them stolen. However, taking out card protection can help to eliminate the chances of you losing your savings, for example, or of suffering from identity theft. To find a plan that suits you, it can be a good idea to spend some time researching the subject and view the different deals available.
That's why it can be a good idea to invest in some sort of card protection plan. Designed to take the hassle out of having to make numerous phone calls, as well as suffering from any financial losses, card protection can eliminate the worry associated with losing your cards. It can also help you if you lose important documents like your driving license or passport.
Before you dismiss the notion entirely, just consider the statistics: research suggests that more than 13,000 bank, credit and stores cards are mislaid or stolen in Britain each day, whilst card fraud amounts to an annual total of 410 million. Of that, it has been found that online credit card fraud accounts for 110 million.
One of the biggest advantages of having card protection is that the company your details are registered with will handle all the work. Consequently, you only have to make one phone call to report your cards as missing and they will arrange to cancel your old ones and order replacements. It also acts as a safeguard against fraud for you and the members of your household.
Losing your cards or having them stolen when you are abroad can be disastrous, leaving you stranded without the means to get home. However, with a card protection plan, you don't have to fret about not having access to your money. Indeed, depending on your credit limit and location, you can expect to receive such benefits as cash advances, money towards the replacement cost of lost travel tickets and help to pay off things like your hotel bill.
Another benefit is that when you move home, the card protection company can advise your bank, credit card provider and the stores you have cards with of your new address. This means that you don't have to worry about making sure you have notified all the relevant parties, thus leaving you more free time to concentrate on moving.
It is an unfortunate fact that many people in the UK lose their cards or have them stolen. However, taking out card protection can help to eliminate the chances of you losing your savings, for example, or of suffering from identity theft. To find a plan that suits you, it can be a good idea to spend some time researching the subject and view the different deals available.
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