BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
You have searched everywhere for your debit card. You think it may have been stolen. Of the following actions, what is the best thing to do now?
|
|
Wait at least 90 days to report the card as missing or stolen in case you find the card.
|
|
|
File a report with the Federal Trade Commission.
|
|
|
Close your bank account.
|
|
|
Notify the company that issued your card.
|
Explanation:
Detailed explanation-1: -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.
Detailed explanation-2: -The most critical step is to contact your bank-immediately. Let them know that your debit card has been stolen or that you suspect fraudulent use of your card number. The sooner you do this, the more you limit your risk.
There is 1 question to complete.