1. Annual fee: The annual fee of bank card refers to the fixed fee charged by Chinese commercial banks for bank accounts every year. The annual bank card fee is charged once a year, and the bank withdraws it from the account. From August 1 2007, the annual management fee for bank cards began to be cancelled, and some basic financial service charges of commercial banks were suspended. The four major state-owned banks continue to charge annual fees. Medium-sized comprehensive commercial banks such as Minsheng Bank, Industrial Bank, China Everbright Bank, China Merchants Bank, Ping An Bank, Shanghai Pudong Development Bank and China CITIC Bank all have no annual fees. Industrial and Commercial Bank of China, Agricultural Bank of China and China Construction Bank will charge an annual fee of about 10 yuan. 2. The difference between card cancellation and account cancellation 1. Cancelling a credit card will only invalidate your card. As the name implies, the card can't be used normally. Many people leave it alone after canceling the card, and some still throw it aside. But after someone finds your card, criminals will use your magnetic stripe information to copy the card again and then use it for consumption. I didn't realize that the bank would inform you to repay after the credit card bill came out. If you are not careful, it will bring you overdue risk and unnecessary trouble! But when you cancel your credit card and re-apply for it, the bank can't treat you as a new user, and there is no bank discount and new user treatment. 2. Credit card cancellation means that the credit card information account of your bank has been completely deleted, and the system does not have all your information. The card requires you to cut the magnetic stripe with scissors. If you apply for a card again, you can enjoy it as a new user. Some banks hold grudges when closing their accounts. Remember to think twice before you act. Card opening fee: also known as account opening fee, generally refers to the fee charged by a bank when opening a savings card (debit card). 5 yuan will be collected in one lump sum, which will be withheld together with the annual fee. The difference is that the annual fee 1 year is deducted once, and the production fee is only deducted once. All major commercial banks have this fee, especially the second-generation bank card, namely financial IC card, which is vigorously promoted by China UnionPay. The manufacturing cost of this kind of card is relatively high, and the card opening cost is generally 20-50 yuan.
The production cost generally comes from the material cost of the bank. After using bankbooks, bills, bills, cards, business forms and other articles and supplies related to handling business, the bank will charge users a fixed fee for cost control. The bank card fee is a comprehensive service fee charged by the bank to customers who come to handle business.