UK debit & credit cards: Mail non-receipt losses on plastic cards 2002-2020

Published by D. Clark, Apr 20, 2021
Data on the annual value of losses related to non-receipt of new cards on UK-issued debit and credit cards in the United Kingdom (UK) from 2002 to 2020 shows that the value of annual mail non-receipt losses on new cards has seen a three year decrease to 4.4 million British pounds as of 2020. The largest value of mail non-receipt losses on new cards was found in 2004, when losses amounting to 72.9 million British pounds were recorded.

Value of annual mail non-receipt losses on UK-issued debit and credit cards from 2002 to 2020 (in million GBP)

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Source

Release date

March 2021

Region

United Kingdom

Survey time period

2002 to 2020

Supplementary notes

This type of fraud involves cards being stolen whilst in transit – after card companies send them out and before the genuine cardholders receive them. Properties with communal letterboxes, such as flats and student halls of residence and people who do not get their mail redirected when they change address are all vulnerable to this type of fraud.

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