yes. According to the information of inquiring about love enterprises, if you meet the requirements and successfully apply for and activate the card, you can enjoy the treatment of free annual fee for life, so the credit card of first graduates is free of annual fee for life. First Credit Card is a credit card product specially launched by China Merchants Bank for college students who are about to graduate. It aims to help graduates better integrate into society and realize wealth appreciation. The credit card has a low minimum amount, which is suitable for the financial needs of graduates entering the society.