New Delhi, Aug. 17 -- A credit card is a vital financial tool that simplifies everyday transactions. When it stops working or is damaged, daily payments can be disrupted, especially when urgent transfers are required.

Replacing a faulty card quickly is essential to ensure uninterrupted payments and protect the holder's credit score and profile.

Whether the problem lies in the chip, magnetic stripe or the card itself, prompt replacement safeguards account security and preserve access to credit.

Nicky Sehwani, CBO, InstaMoney, says, "A damaged or non-functional credit card should be reported to the issuer immediately to prevent any potential misuse. Customers should block the card through their banking app or helpline and request a repla...