We're reviewing our fee structure and in particular, the current lost debit card reissue fee. With the switch to EMV and the higher production costs associated with that, what are financials charging for a lost debit card? Have you increased the fee due to EMV? Thanks!

We don't charge

We currently charge $10.00 but have just started discussing possibly raising it due to EMV.

We do not have EMV and charge a $5.00 replacement fee. Ours are created on-site.

We are looking at increasing our fee from $5. I am debating as to whether this needs to be disclosed ahead under Reg DD. It is optional to replace it and not directly related to a deposit or withdrawal fee.

We charge $10 for a replacement card to be ordered.

Thanks everyone! We currently charge $10 but waive the first lost card. The consideration was to raise it higher and we've heard one financial has it at $20. We'll probably leave ours at $10.

It's implied in several responses, but the fee is not for "losing" the card as the subject line would suggest, it's for providing the replacement. It just sounds better.

Do we have anti-trust issues with this thread?? Even though a specific bank is not mentioned?

Yes - it does present such issues and it is also probably a violation of OCC regulations if any of the participants are National Banks.

It's not a fee that is covered by Reg DD. It could be considered a fee covered by Reg E, though.

Why would it not be covered by Reg DD?

I don't think it's a fee imposed in connection with the account. I'd agree, though, that it's fee under Reg E that relates to the access device. You'd need to provide 21 days' advance notice of the change.