If the password is not set, the card center may not be responsible for this part after the card is stolen. There are other problems after stealing the card, depending on the responsibility. The determination of responsibility depends not entirely on whether there is a password, but on the specific circumstances.

If the password is set, but the bank does have operational errors that lead to customer information disclosure or property loss, it is still responsible. However, as long as the password is set, there is definitely no prevention against card theft caused by the cardholder's own loss reporting.

If you want to get bank compensation, there are many restrictions.

1, time limit

For credit cards without passwords, stolen credit cards need to meet other conditions before they can assume the responsibility of helping banks: most banks have limited guarantee time for lost cards, some are 48 hours before reporting the loss, some are 72 hours, and the longest is 120 hours of Huaxia Bank.

After the credit card is lost or stolen, only in the bank can the loss caused by the stolen credit card be compensated within the specified time. Moreover, transactions with passwords, cash withdrawals and online transactions are not eligible for compensation.

2. Does the bank have this service?

Some banks only aim at certain card loss protection businesses of their own. For example, ABC only has Pleasant Goat series, and the official card has a 72-hour card loss guarantee. There are also some banks that have no card loss protection, such as Xingye, China Construction Bank, Citigroup, Bank of Guangzhou and so on.

3. It is troublesome to obtain evidence and difficult to claim.

It is not easy for us to get compensation, but we have to collect the evidence ourselves and wait for the bank to confirm it. This time often takes a long time, and after a long time, the result may only be that the bank bears part of the responsibility, usually not more than 40%. Most of the consequences must be borne by yourself!