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Lock feature was available in US a while back, now Canada credit card has it too.
Wonder where your credit card is? No more worry, do not need to call in and report LOST and get a new number and change all references to autopay or credit card records, and wait for a new one without the use of the card to accumulate points.
You can lock it and UNLOCK it when you actually locate it, LESS STRESS for you.
Of course, main beneficiary is the BANK, win win.
RBC users can now lock their credit cards by using their banking app The new feature gives users some time to stop and look for their lost card By Brad BennettJUN 25, 201812:28 PM EDT0 COMMENTS The Royal Bank of Canada (RBC) has added the ability for users to lock their credit cards from their mobile banking app. Android and iOS users can now log into their online banking account and add a temporary lock to their credit cards. When a user locks down their card, the physical version will stop working, but any pre-authorized transactions will still go through. RBC says that lots of people who lose their credit cards end up finding them later after they’ve already ordered a card. This new temporary lock is designed to give users time to look for their card without having to worry if it’s being used by someone who stole it.
Read more at MobileSyrup.com: RBC users can now lock their credit cards by using their banking app |
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