Report a lost credit card to the police?

Factual Questions
1

I just reported a lost credit card. I know it was lost, not stolen.

When I reported it as lost, the credit card company’s representative asked me if I filed a police report. I said: No, it is lost, not stolen.

He seemed to think I should call the police anyway.

Is this common?

2

Not as far as I know. And, it is a waste of police resources.

3

That was my thought too. And I figure they’d be annoyed as well!

4

I recently lost my wallet (I think I dropped it in the parking lot while shopping), and had to make a lot of phone calls to several credit card companies. Not one suggested contacting the police.

5

When I reported my lost wallet - with cards inside - the police were not interested in the card details.

6

My wife recently managed to lose my card (she thinks she may have thrown it away)- I was definitely not asked to report it to the police. The company issued me a new one, put a hold on my old one, in the event that I might be able to find it, and then completely cancelled it when I activated the new card 7 days later.

7

Absolutely not necessary. You probably got a rep who was clueless, stupid, or brand new.

You’d only report to the police in the case of identity theft.

8

You need to report it to the police IF something is charged on it. I lost my wallet and they charged about $2,000 on it. In order to get the charges taken off, I had to file a police report that the wallet was stolen and all list all the cards in it.

Then the credit card companies sent me a form. I had to list the false charges and have it notorized. Then I had to send that along with a copy of the police report. Then they took the charges off. The funny thing was I reported it in 30 minutes and charges were still being made 3 days later.

9

Sometimes. I had two CC’s stolen over the years, and in neither case did they ask for a police report. In one case they did ask for a notarized statement. But yes, if there are fraud charges, a police report is not unreasonable.

10

IF STOLEN:

You SHOULD report it, so you can have a standard police report available to you.

WHY? If it results in you being a victim of fraud, the police report can be sent to credit bureaus, who MUST accept it.

Lost? Not so much!