Using a credit card will incur the following fees:

1. Annual fee

After a credit card is opened, there will be an annual fee. Most credit cards have There is a policy of exempting annual fees based on the number of purchases, which can be waived by accumulating consumption;

2. The amount that needs to be repaid

After using a credit card, you need to repay it on time. If it is not overdue, the repayment amount is equal to the consumption amount;

Possible fees:

1. Installment handling fee

When conducting installment business, Installment fees will be incurred, and the more installments, the higher the handling fees;

2. Late payment fees

When the repayment is not made on time, late payment fees will be incurred. When repaying in full, late payment fees will also be incurred, which is called interest, but the essence is the same