A card friend asked me if I had just applied for a Postal Savings Zodiac Credit Card. At first, I went because the card was beautiful and valuable for collection. However, after the card was approved, I found that the limit was only 10,000. If I didn’t open the card, would I have to pay for it? What about the annual fee?
Answer: According to the relevant regulations of the China Banking Regulatory Commission, if the user's card is not activated, the bank is not allowed to charge handling fees. Although postal credit cards generally do not incur annual fees if you do not open the card. But if you no longer want to use it, it’s best to cancel the card to avoid trouble.
What will happen if the Postal Savings Zodiac Credit Card is not activated? First of all, according to the current policy of the Postal Savings Bank, if a newly issued card is not activated, no handling fee will be charged. The Zodiac Credit Card is positioned at the gold card level. After activation, in the first year There is no annual fee, but the annual fee will be charged at the standard of 125 yuan/year the following year. Secondly, credit cards will have an activation period. If the last activation date is exceeded, they will be automatically canceled. Therefore, if you want to use this card, you must activate it before the final activation time arrives.
Finally, I would like to introduce to you the relevant policies for collecting annual fees for Postal Savings Bank credit cards: 1. Annual fees for Postal Savings Bank credit cards (1) Annual fees are waived for life for regular cards and business cards (2) Gold cards and Travel China cards Travel card, Xi'an Expo co-branded card, and Heilongjiang tourist card cost RMB 125/year for the main card and RMB 60/year for the supplementary card; RMB 100/year for the main card and RMB 50/year for the supplementary card for self-mailers. 2. Postal Savings Bank credit card annual fee exemption policy: annual fees are waived for the first year, and annual fees for the following year are waived after 6 purchases. The same goes for the Postal Savings Zodiac Credit Card.