Letter to Confirm Cancellation of Lost Credit Card

A credit card allows a credit cardholder to make purchases within the limit granted by the bank. Since credit cards are just cards they can be lost or can easily be subjected to theft. In such a case, the purchases will no more be made by the cardholder but by the one who will find the card. This can bring a great loss to the cardholder since the card issuer (usually a bank) is not responsible for the safety of the card and all purchases made on the card are charged to the cardholder.

Banks offer a solution for this. In the case a credit card is lost or stolen, the cardholder can request the card-issuing company to cancel the credit card. With prompt action, the card is frozen and hence cannot be used any further. If a credit cardholder confirms the cancellation of his card via letter, the card is canceled. Once a credit card is canceled, the cardholder is informed, primarily through the means of instant communication; phone call, message, and fax, and through a letter with detailed documents.

This letter can be used by credit cardholders to confirm the cancellation of a credit card.

Letter -1

Dear sir,

I am writing to make a request to please confirm the cancellation of my credit card issued on my name Peter Davidson. My credit card number is [#] and it is valid until February 20XX. I am making this request as I, unfortunately, lost my card today while swimming in Lagoon Lake.

I had my wallet in my pocket which I forgot to remove while swimming, and the strong current of the water displaced my wallet from my pocket, and it got lost. I have tried to relocate it but was unable to find it. I suspect someone might have found it and might try to gain unauthorized access to it therefore, I wish for my credit card to be canceled with immediate effect.

I have already spoken to representatives on the phone, and they informed me that my card will be canceled upon the receipt of this letter to the chief manager of the bank. Therefore, I am writing to you, and I request you to please initiate the cancellation process immediately to avoid any financial losses to me in case of unlawful use of my card.

I have been banking with the World Bank for the past five years and I have never had a problem with the management of my finances. Your banking team has always been very cooperative in every manner. I hope that this issue will also be resolved in a cordial manner.

Thank you for your cooperation

Regards,
Pete Davidson.

Letter -2

To,

Chief manager
Chase Bank

Dear sir,

I am writing to inform you that I have lost my credit card linked to the savings account of bank [x]. I have been using this credit card for about three years now and have been paying the bills regularly. Today, 29^th November, my credit card got stolen from the empress market, Los Angeles, California while I was shopping.

Two men snatched my purse and took all my cash and cards with them. I have reported the matter to the local police, and they are trying to locate the snatcher. However, I still wish to cancel my credit card immediately in case the snatcher tries to use it illegally. I do not want to suffer from further financial loss, and they already took a lot of cash from me which I had in my bag.

The details of my card are as follows, Angela Simpson, Card number [#], valid till November 20XX. I request you to please cancel my card immediately. Also please notify me in case there is any unauthorized activity from my card so I may report it to the police immediately.

The last time I used it was at the empress market at a store called Zara, and the last payment I made there was USD 450. Also, please let me know the process of getting a new credit card so I may get issued a new one as I rely on your bank’s credit card for all my purchases. Thank you very much for your cooperation in this regard.

Regards,

Angela Simpson

Letter -3

I contacted you yesterday via a phone call to inform you about my lost credit card. I was told to write a confirmation letter for cancellation so it could be canceled. The last time when I used my card, I was at [enter place].

An amount of [enter amount] was charged for the purchase that I made there. I was hoping to find my card somewhere within the house but it is nowhere, so, I am now writing this confirmation letter to you to please cancel my credit card in order to bar its use any further. I would be highly grateful if you guide me regarding the issuance of a new card and the charges that it will incur. Thank you!