Many banks' credit cards are exempt from the annual fee in the first year, and the annual fee (unlimited amount) in the following year can be waived if you swipe your card 3-6 times in the first year. If the annual fee exemption condition is not met, the cardholder needs to pay the annual fee after the first year of credit card issuance. It should be noted that the first year of all bank credit cards is within 12 months of issuance, not the natural year. For example, credit cards issued by 17 and 12 end in 18,1/kloc-0, 3 1. If the card is not activated or swiped for the number of times required by the issuing bank in the first year, the annual fee will be charged in the13rd month.

Credit card is a credit certificate issued by commercial banks or credit card companies to qualified consumers.

The form of credit card is a card with the name of the issuing bank, expiration date, number and cardholder's name printed on the front. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

Product category

Classification of institutions

(a) according to the different card issuers, it can be divided into bank cards and non-bank cards.

(1) bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.

(2) Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.

(2) According to different card issuers, it can be divided into corporate cards and personal cards.

(1) company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

(2) Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

(3) According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

(1) ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

(2) gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

When will the annual credit card fee be deducted? Is there a fixed deduction time?

Debit cards and credit cards have annual fees, so for the majority of card friends, the most concerned thing is when to deduct the annual fee of credit cards. Is there a fixed deduction time?

As for when to deduct the annual credit card fee, the time and standards for deducting the annual credit card fee vary from bank to bank. The specific deduction time and standard are subject to the agreement signed with the bank when you apply for a credit card. Basically, after deducting the annual fee of the bank credit card, it will enter the personal bill, so just repay it in time.

The following are the times of annual credit card charges of some major banks:

First, the corresponding number of swipes will be calculated from the date when the credit card is activated, and the annual fee will be charged on the corresponding day of the following year.

The above-mentioned banks that meet the conditions for annual fee reduction and exemption include: Industrial and Commercial Bank of China (SMS reminder will be sent one month in advance), China Bank, Bank of Communications, Guangfa Bank, China CITIC Bank, Ping An Bank, Minsheng Bank and China Everbright Bank. For example, the card will be activated on July 8, 20 17, and the annual fee will be charged on July 8, 20 18, and so on.

2. The annual fee will be charged on the first accounting day of the card year.

Banks that meet the above annual fee deduction are: China Construction Bank. For example, if the card is activated on July 8, 20 17 and the first bill is generated on August 5, 20 17, then the annual fee will be charged on August 5, 20 18.

Three. The annual fee is calculated and charged on the card issuing date.

In fact, in today's increasingly fierce competition in the credit card market, when to deduct the annual credit card fee is also a standard of competition among major banks, and many banks are free of the annual credit card fee. There are many free annual cards for you to choose from in the credit card column. Click.

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When does the annual credit card fee start to be paid?

Many banks' credit cards are exempt from the annual fee in the first year, and the annual fee (unlimited amount) in the following year can be waived if you swipe your card 3-6 times in the first year. If the annual fee exemption condition is not met, the cardholder needs to pay the annual fee after the first year of credit card issuance.

It should be noted that the first year of all bank credit cards is within 12 months of issuance, not the natural year.

For example, credit cards issued by 17 and 12 end in 18,1/kloc-0, 3 1. If the card is not activated or swiped for the number of times required by the issuing bank in the first year, the annual fee will be charged in the13rd month. The annual fee is deducted directly from the card. It is recommended to cancel the credit card that you do not intend to use as soon as possible to avoid unnecessary expenses and overdue records.

Extended data:

Credit card annual fee rules refer to some corresponding provisions of credit card annual fee. Before the cardholder activates the credit card, the bank shall not charge an annual fee. But most people know little about the annual fee rules of credit cards in different banks. The annual fee of credit card is mostly around 100 yuan, and some banks stipulate that the annual fee can be waived by swiping it three times a year.

The annual fee policy of most banks has not changed. Generally, the annual fee for standard credit cards is around 100 yuan, while the annual fee for gold cards is generally in 200 yuan or 300 yuan. The annual fee of a single-currency card is lower than that of a dual-currency card. Generally, the annual fee of the supplementary card is halved corresponding to the annual fee of the main card.

However, the annual fee standard of credit cards of different banks will be different according to different cards. For example, the annual fee of the standard credit card of Shanghai Pudong Development Bank is the main card 180 yuan and the auxiliary card 90 yuan; Gold card annual fee 360 yuan, main card, auxiliary card 180 yuan; Annual fee for Pudong Development Co-branded Card 360 yuan; As for PUFA McDull series credit cards, the signboard of "Free Annual Fee for Life" has been put up.

Therefore, even for credit cards issued by the same credit card center, the annual fee standard will be very different. Cardholders should first ask how high this "potential cost" is when handling cards.