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The 47-year-old used the cards inside to go on a spending spree.
Blair pleaded guilty in Yeppoon Magistrates Court last Thursday to 10 counts of fraud.
The court heard the victim had been riding on James St, Yeppoon, on February 25 when he dropped his bag.
Once he realised, he made efforts to re-trace his path and locate the bag, but with no success.
Blair was seen on CCTV footage using the cards to make $261.47 worth of purchases at numerous Yeppoon outlets.
Some of the items purchased were scratchies and alcohol.
The court heard Blair had no offences of this nature on her history.