The scope of responsibility of the issuing bank shall be stipulated in the service agreement signed by both parties when handling the card. Every bank's agreement is different. What they have in common is that banks are only responsible for the losses caused to cardholders when they fail to report the loss in time, and they are not responsible.

Recently, in order to attract business, some banks have launched a card loss protection service, in which the stolen card is liable within the limit (5000 yuan or 10000 yuan) within 48 hours (or within 24 hours), and strict conditions (such as non-password withdrawal and loss reporting at the first time) are stipulated. The responsibility assumed by the issuing bank shall be paid by the contracted insurance company.