Compensation can be made 48 hours before the credit card is reported as lost. This means that if the credit card is stolen within 48 hours before the loss is reported, the bank will pay full compensation.

With the popularity of credit cards, credit card fraud incidents have also followed one after another. In response to this situation, many domestic banks have launched credit card loss protection. However, banks previously only provided this service for credit cards that did not require a password for consumption.

The so-called credit card loss protection means that after the cardholder loses his credit card, the cardholder applies to the bank to report the loss as soon as possible. Compensation for losses caused by credit card.