Although many banks have lost card protection services, most of them are aimed at signature consumption, such as password consumption and online transactions, which are not within the scope of compensation. So, does this mean that the credit card password is stolen and the bank will not compensate? Let's have a look.

1. Will I get compensation if my credit card password is stolen?

It is difficult to get compensation for the stolen credit card password, because banks can't tell whether the credit card is really stolen or intentional, so many banks will directly refuse to pay compensation.

However, some banks have stolen password+signature transactions, such as the worry-free card of Bank of Communications and the transaction security guard of Guangfa Bank. As long as the stolen card is verified, it can be paid.

2、

How to compensate for the theft of credit card password?

First of all, it depends on whether the credit card is reported as soon as possible after being stolen. If the loss is not reported, the bank will not compensate, and the cardholder will bear the loss. If there is a loss report, it is necessary to identify the responsibility and see whose fault the stolen brush is.

For example, the credit card is in the hands of the cardholder, but the information is stolen by criminals and made into a fake card. The issuing bank verifies that the situation is true and the bank bears the losses; If the credit card is lost and stolen, even if it is compensated, it will generally be 70% of the bank and 30% of the cardholder, because the credit card is not kept properly.

The above is "will the credit card password be compensated if it is stolen?" I hope it will help everyone. Here, I also want to remind you that whether you have a password or not, if you want to compensate for the stolen credit card, you must obtain evidence to prove that the cost of the stolen credit card is not my own doing.