The renewal fee of a credit card is generally calculated according to the time the cardholder uses the credit card, and it is generally one year before considering whether to renew the fee. If your credit card meets the requirements of the bank within half a year (such as the amount of credit card swiped, the number of purchases, etc.). ), and then the bank will send you an invitation to renew your card one year later.

After receiving the invitation to renew the card, if you choose to continue to hold the credit card, you need to pay the corresponding annual fee. Banks usually offer a variety of annual fee schemes, and you can choose the one that suits you according to your own needs and economic situation.

If you don't want to keep your credit card, you can also choose to cancel your credit card after receiving the renewal invitation. However, it should be noted that all outstanding amounts need to be settled before cancellation. Otherwise, it may affect your personal credit record, or even be blacklisted by the bank, which will affect financial services such as applying for loans in the future.