Fraud losses on UK cards increased by 16% to £450.4m in 2013, as against £388.3m in 2012, which is down 26% since card fraud was highest in 2008, according to data by Financial Fraud Action UK (FFA UK).
Despite frauds, the total spending on all debit and credit cards touched £532bn in 2013, an increase of 6.1%, compared to 2012 figures.
In 2013, around 10.9 billion transactions were made through debit and credit cards.
Additionally, losses on remote card purchases such as online, phone or mail order has increased by 22% to £301.1m in 2013 from £246m in 2012.
However, telephone banking and cheque fraud losses have decreased during the period.
FFA UK dedicated cheque and plastic crime unit head and detective chief inspector, Perry Stokes, said whether in the real world or online, these latest fraud figures show just how important it is for consumers and businesses to know how to protect themselves against fraud.
"Always make sure you have the latest security software installed on your computer, so you can safely shop and bank online," Stokes added.