New Delhi, Aug. 19 -- Losing a credit card can be a draining experience. Especially given the rising cases of credit card-related fraud in the nation. When faced with such a challenge, quick and decisive action is imperative to minimise financial losses and protect your peace of mind.

Decisive action in this regard also helps in protecting the identity of the credit card holder. With the advancement of technology, the ways credit card-related financial fraud is done are also rapidly evolving. This establishes the importance of vigilance and timely response.

The primary step after losing your credit card is to immediately reach out to your credit card issuing financial institution to report the loss. Most banking and financial institutio...