Online credit cards (debit cards) have passwords, and cardholders are responsible for theft; If the password is stolen, both the merchant and the bank are responsible. First of all, it can be confirmed that after the credit card (debit card) is lost and stolen, the bank will compensate the amount stolen within the previous 48 hours, but there is a certain limit. At present, many bank credit cards (debit cards) have statements that credit cards (credit cards) with payment passwords will not pay if they are stolen. Credit cards without passwords (credit cards) will only be paid if they are stolen.

But in fact, after a credit card (debit card) without a password is stolen, the cardholder has to bear the responsibility of 10%-50% for other reasons, and the rest of the banks will run out of compensation. If the password is set, then the cardholder needs to bear more than 50% of the responsibility, so even if the bank bears the responsibility, it will not fully compensate. In China, credit cards (debit cards) are very easy to be stolen without passwords. So I suggest you set a password and take care of your credit card (debit card).