If you encounter fraud, apply for lost card protection compensation

Lost card protection means that after a credit card customer loses his credit card, if the cardholder applies to the bank to report the loss as soon as possible, the bank will compensate The cardholder will be compensated for losses caused by theft of the credit card within a certain period of time before reporting the loss.

Tips: Shanghai Pudong Development Bank’s credit card protection covers 72 hours before the loss is reported, with a maximum compensation of 100,000. However, there are conditions for enjoying the lost card protection service. For example, you cannot set a password on your credit card, etc.