What is Credit and Debit Card Protection Plan and how do They Help

Credit and Debit cards are two of the biggest revolutions in the field of digital payment. While they make it possible to purchase almost anything with the swipe of a card they also involve the risk of frauds and theft like no other mode of payment.

However, the concept of Credit and Debit Card Protection Plan makes it possible to get protection from such problems easily and instantly.

What is Credit and Debit Card Protection Plan

Credit and Debit Card Protection Plan is a concept under which you can get your debit and credit cards insured in case of any loss, damage or fraud. It helps you block all your cards with one single call so that you need not press the panic button in case your card gets lost or stolen.

Benefits of Credit and Debit Card Protection Plan

Block all your cards with one single call.
24 hours loss reporting service with worldwide coverage- so that you can report the loss /theft anytime and from anywhere.
In case you need some emergency cash you can also call the helpine to arrange for it to pay for your hotel bills, travel ticket and other expenses.
They provide protection against theft, counterfeiting, phishing, fraud, and also skimming.
They also help you replace your ID as soon as possible.

Protecting your credit and debit card, identification documents, phone sim etc was never so easy. You are also assisted through emergency cash, so that you do not get stuck due to lack of cash, especially while traveling.

Read Also: Advantages of Credit and Debit Card Protection Plan from Bajaj Finserv

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