There is no need to pay off the balance when reporting the loss of a credit card, because after a replacement is issued, the balance will be transferred to the new card. So even if your credit card is lost, you don’t have to worry too much. You can report the loss and go to the corresponding bank to apply for a new credit card. Then you can use this credit card to make purchases. The balance on the reported lost credit card will also be transferred to this new credit card.

There is no need to pay off the balance when reporting the loss of a credit card

We need to know that credit cards and debit cards are different. If your debit card is reported lost, you need to pay off the money. To withdraw money through a bank, you can tell the bank staff your bank card number and password, and then your money can be withdrawn. But a credit card is a card for advanced consumption, and your balance does not need to be paid off. Even if you report the loss and re-apply, the balance will be transferred to a new credit card.

Processes that need to be carried out after a credit card is lost

First, the nature of the replacement card is the same as the original card. Note that the nature is that the original card is free of annual fees. Then the replacement card will have no annual fee. The only difference is that the card number has changed. Second, if you want to report the loss now, call ICBC at 95588 and follow the instructions there to report the loss of your credit card. Third, after reporting the loss, the card information will be transferred to the new card, that is, the money you have not repaid will also be transferred to your new card. Fourth, if you choose to report the loss, the person in the card department will check your information, address, etc. You tell him the new address, and he will send the new card to you. It usually takes seven working days, but it costs 20 yuan. Card replacement fee. Fifth, you can either choose 95588 to report the loss orally and go to the counter in Chongqing to get a replacement, but it will also take seven working days.

So if your credit card is lost, you can report the loss. After reporting the loss, you can use the credit card again, and the debt will be transferred to the new credit card. When the repayment deadline comes, You can repay through this credit card.