If you receive a credit card but do not open it or activate it, there will be no interest or annual fee.

If your card is activated after being opened and the card is swiped less than 3 times after opening, the bank will charge you an annual fee of 160 yuan for the gold card and 80 yuan for the regular card after one year.

Because bank bills are repaid on a monthly basis, if you do not repay on time, CCB will indicate that your repayment is outstanding every month before you pay off the annual fee. It will be reported to the personal credit system of the People's Bank of China. Once the credit system cannot record it, it will affect your loans to any financial institutions in the next two years

If you don't want to incur any fees, there is only one way,

Just call the 800 hotline and the manual desk will manually cancel the card for you. This is the only way to cancel the CCB credit card. There will be no fees in the future. If you tell the bank that the card is lost, the bank will not waive your annual fee. , and will also advise you to report the loss. It will cost you 50 yuan to report the loss.

Anyway, if you swipe the card three times within a year after opening the card, there will be no annual fee next year, so why not?

Extended information:

Credit Card, also called credit card. It is a non-cash transaction payment method and a simple credit service.

A credit card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on the Provisions on Credit Cards of the People's Republic of China and the Criminal Law of the People's Republic of China") refer to those issued by commercial banks or other financial institutions. An electronic payment card with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc.

On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is Credit Card?.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

There is no need to pay cash when using a credit card, and repayment will be made on the billing date. ?

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay;

A quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient for payment, the quasi-credit card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.

Reference materials:

Baidu Encyclopedia-Credit Card