Whether you can compensate for a stolen credit card can be divided into the following situations:

1. There is a password, the card is stolen by a thief/acquaintance, the password is stolen, and the credit card is swiped for purchases. , ATM withdrawals, online shopping, etc.

Compensation is generally not available in this case. If you have your card and your password and meet the two-factor authentication standard, then such consumption will be regarded as your own operation. Even if it is stolen, it will be regarded as you giving the card and password to an acquaintance. But in fact, those who set the password usually have a signature. Generally, shopping malls or some small stores with not very strict regulations will not take too much pains to check whether it is my signature.

2. If you have a password, the card is copied, and the password is stolen. The bank will not compensate you for all kinds of consumption incurred at this time. For example, if you go to eat and transfer your credit card to save yourself trouble, Leave it to the waiter alone. The waiter will come back after a long time and ask you to enter your password with the POS machine. Then you have to be careful that he may copy the magnetic strip and peek at your password. Therefore, I suggest all card friends, for the sake of safety, especially for credit cards, it is best to do it yourself, and never give it to the waiter to swipe it yourself.

3. Without password, the card is stolen by a thief/an acquaintance secretly steals the card and then secretly returns the card. Although transactions resulting from this situation can be compensated, there may be an amount limit. First of all, you need to discover and report the case immediately (according to different bank regulations, such as contacting the card issuer within 72 hours to report the loss, the loss before reporting the loss can be fully compensated, etc.), and you need to obtain the merchant's receipt to check the signature, etc. according to the bank's procedures. Before the fraudster is caught, the loss is usually compensated by the card-issuing bank, and some banks may have regulations on the amount of compensation.

4. Without password, the consumption caused by the card being copied can be compensated. However, credit cards without PIN cannot be used to withdraw cash from ATMs. Online shopping is another matter. Online shopping never relies on signatures. Instead, you enter some information that only a credit card holder will know, such as the three-digit number on the back of the card, and a verification code is sent to your mobile phone/requires you to enter a UKey code. Use these two Steps to do two-factor authentication. If your card is stolen and your phone is stolen as well, you have no choice but to bear the responsibility. No one can prove that you did not consume it yourself.

5. Other situations: such as card information being stolen, being swiped overseas, etc. .

So I would like to remind all card friends that in order to reduce losses, it is best to set up a password signature transaction method. If the card limit is relatively large, you can enable SMS reminders. Once you receive a suspicious SMS reminder, you should call in time. Freeze the account to avoid causing greater financial losses.