What do you mean by loss of income?

Loss of price income is the loss reporting fee income of bank cards.

The loss reporting fee for bank cards refers to the fees paid by consumers for card loss or replacement due to other special reasons. The loss reporting of credit cards belongs to the category of market-regulated prices. Under normal circumstances, the head office of a commercial bank makes adjustments and reports them to the CBRC, which will only approve the adjustments that meet the requirements.

Extended data

The rules for reporting the loss of bank cards are similar. Divided into temporary loss reporting and long-term loss reporting. Temporary loss reporting is 7 days, and long-term loss reporting after formal loss reporting is invalid. Generally speaking, it takes 7 days to report the loss orally and in writing, subject to the formal written report. The difference in service prices between banks is generally related to factors such as bank size and equipment cost.

After the formal written report of loss, the oral report of loss will automatically become invalid. If there has been no written report of loss, the frozen account will be automatically deactivated after the validity period, and oral report of loss can continue. If it is an ordinary debit card, it can be processed at that time (the next day) after the written loss report expires, and the account will be automatically transferred to the new card, and the new card will have a new account number. After entering the new password, you can continue to use it at that time. Loss reporting fee per time 10 yuan, and card replacement fee per 5 yuan.