Last night I received a call from Chase's Fraud Prevention group. I figured it was nothing big, since I've just used one of my Chase cards (I have 3, as a result of mergers turning non-chase cards into Chase cards.. some sort of witchcraft I think) to purchase several $6-15 orders from eBay, some from suppliers in Taiwan and Hong Kong.
Boy was I wrong. It was actually a $49.95 subscription fee to an online dating site, made on a card that I haven't used in over a year. A card that I physically shredded before I moved to my current apartment in July of 2008.
Chase made the whole process relatively painless. They closed the account immediately (it didn't even show up when I logged onto my account right after finishing the call), explained what they were going to do, what I was going to need to do (pretty much nothing, just fill out a "Affirmation of Fraud" for that they're going to mail me), and said not to worry about it at all.
I would have caught the charge this morning when I checked my accounts, but seeing that fraudulent charge would have thrown my entire day off balance. I'm glad Chase was on top of things.