After many cardholders lose their credit cards, in order to prevent the cards from being stolen, they will replace them by reporting the loss to ensure the security of the credit cards. However, the loss reporting of credit cards will involve a loss reporting fee, and the deduction method is different according to the different methods of loss reporting. Let's take a look at how to deduct the credit card loss reporting fee. There are two ways to report the loss of a credit card: 1. Report the loss by telephone: directly call the customer service phone of the issuing bank to report the loss. After the loss is reported successfully, the expenses will be directly deducted from the credit card limit and included in the current credit card bill; 2. Report the loss of outlets: bring your valid ID card to the issuing bank outlets to report the loss. How to deduct the loss report fee depends on what the teller says. If the teller asks you to pay the loss report fee in cash, you don't need to deduct the money from the credit card line. If not, it will be deducted directly from the credit card line. However, many people say that the loss reporting fee for credit cards is relatively expensive, which is basically around 5 yuan. Together with the replacement fee and mailing fee, it adds up to more than 1 yuan, so many people don't want to pay this loss reporting fee. In this case, the credit card can be directly cancelled, and the loss reporting fee will be saved after the cancellation is successful.

However, there are some things that should be paid attention to when canceling the credit card: 1. If there is any debt or balance in the credit card, you must pay off the credit card debt and take out all the balance; 2. There are two kinds of credit card cancellation: card cancellation and account cancellation. Card cancellation only cancels a single credit card under an account, and account cancellation cancels an account opening account, and all credit cards under this account will also be cancelled. 3. There is a waiting period of 45 days for credit card cancellation. During this period, it is necessary to ensure that there is no debt or balance in the credit card. The above is the relevant introduction of "How to deduct the loss reporting fee of credit card", and I hope it will help everyone. In a word, the deduction method of credit card loss reporting fee is different from the loss reporting method. If you think the loss reporting fee is valuable and don't want to pay it, you can save money by canceling your credit card.