The annual fee is one of the credit card fees. Although the fee is a bit high, all major banks have policies to waive annual fees. As long as the requirements are met, credit cards can waive annual fees. Different banks have different policies. Below I Take the Agricultural Bank of China as an example.

What is the annual fee exemption policy for Agricultural Bank of China’s credit cards?

1. Gold Card

1. Generally, the annual fee for the first year is waived for personal Gold/Principal Cards. If you swipe the card 5 times (accumulated separately for the main and additional cards), the annual fee for the next year will be waived. , Gold and regular customers who have not met the number of card swipes can use 5,000 points and 3,000 points in their accounts to redeem the annual fees of the main and supplementary cards respectively.

2. Points for airline co-branded cards, Baidu Unicom co-branded cards, etc. are automatically converted into partner airline mileage (points) products and do not enjoy the annual fee policy for point redemption.

2. Platinum Card

1. Zunran Platinum Card: Collector’s Edition customers can use 150,000 points to redeem the annual fees for the main and supplementary cards; for the Elite Edition, customers who have swiped the card 30 times will be exempted for the next year. The annual fee (accumulated separately for the main and supplementary cards), customers who have not met the number of card swipes can use 50,000 points to redeem the annual fees for the main and supplementary cards.

2. Little Platinum series products: Little Platinum series products are exempt from the first-year annual fee, and the annual fee for the next year is waived if the card is swiped 8 times (accumulated separately for the main and additional cards). Customers who do not meet the number of card swipes can use 50,000 points in the account can be redeemed for the annual fees of the main and supplementary cards. The annual fee of Ranmeng Credit Card is waived during the validity period.

In general, for lower-level credit cards, it is not difficult to waive annual fees, as long as the number of card swipes reaches the standard. However, for higher-level credit cards, it is relatively difficult to waive annual fees, and for low-level credit cards, it is relatively difficult to waive annual fees. It is not difficult to apply for a credit card, but it is more difficult. If your qualifications are average, you can apply for a low-level card first and slowly improve your qualifications.