First of all, many banks provide 24-hour or 48-hour compensation for card loss, that is to say, a signed consumer bank will pay you for it within a certain period of time before your credit card is reported lost, so that you have no loss. However, this kind of compensation must be based on "no password transaction", and any POS transaction, online transaction and embodiment with password are not protected.

In the single signature consumption mode, if you don't fulfill your custody responsibility, for example, the card is not stolen, but you forget to steal it at the cashier, then the bank has no obligation to pay safely. In this way, the consumption mode of simple signature is more dangerous than "signature plus password" Because after all, "signature plus password" has a password and cannot be stolen on the "UnionPay" network.

The consumption password and withdrawal password of any credit card can be set to two different ones, so you can worry about the password being stolen, but you don't have to worry about being cashed out. Just like this, we often hear about the incident of stolen credit cards, but few of them have been stolen.