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- Losing a debit card is equivalent to losing cash. So action should be taken to immediately notify the bank concerned and get the card de - activated. - While purchasing goods using debit cards, be mindful of the fact that you need to place your signature and not reveal the secret PIN number. - It has been reported that 99% of cash withdrawals that had been reported after the loss of Debit cards have involved close associates of the card owner. - Always destroy your PIN number immediately after the activation of your card and thus minimise the risk of losing money by swindlers. - While using Credit cards be even more careful, as losing it is even more risky as a swindler can withdraw the money upto the maximum limit that you have fixed for your credit card.
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