Why do you have to pay back the annual fee in 3 yuan when the credit card is useless? The answer is actually very simple

Many cardholders didn't apply for their first credit card, but they wanted to get some gifts and so on, so they handled it passively. After handling, I found that my credit line was not high, so many cardholders would choose not to use the card. Why do you have to pay back 3 yuan's annual fee when the credit card is useless? The answer is actually very simple!

Why do you have to pay back the annual fee of 3 yuan when the credit card is useless?

the annual fee for credit cards is actually a kind of just-needed fee, and almost every credit card needs to charge an annual fee. It's just that there are many credit cards that are free of annual fees if they pay enough XX fees or XX transactions, so many cardholders don't really pay the Chinese New Year fee. But for some cardholders who don't use credit cards very much, the annual fee is just needed.

it is suggested that the cardholder can contact the customer service of the bank by phone to discuss whether the annual fee can be refunded. If the annual fee cannot be refunded, it is necessary to pay the annual fee owed as soon as possible according to the charging standard. The overdue annual fee is also a breach of contract and will be recorded in the credit report. Some credit cards have rigid annual fees, even if they are not opened, they will generate annual fees. It is recommended that cardholders cancel their credit cards as much as possible if they do not need to use them.

if the cardholder's annual fee is overdue, it is suggested to call the customer service of the bank in time to explain that he forgot to charge the annual fee for swiping the card, and whether he can make up the number and amount of swiping the card in time. There are also some banks that take care of customers who forget to pay the annual fee and will pay back first. Not all annual fees can be refunded, such as some cards with higher level and more rights, and the rigid annual fees that need to be paid cannot be exempted.

cardholders should never cancel their cards or leave them idle because they are angry. The annual fee is small, but the credit information is large. For cards that are not commonly used and can be cancelled, cardholders must manage credit card consumption well to avoid unnecessary troubles and losses.

The above is the related content sharing about "Credit card is useless but 3 yuan annual fee should be repaid". I hope it can help everyone!

what is the annual credit card fee? Why do you charge an annual fee?

The annual fee of credit card refers to the annual fee of credit card. Each credit card has its corresponding annual fee, and the annual fee of each card in each bank is different. Generally speaking, the annual fee will only be charged after the credit card is activated, indicating that you start using the card, and then you will be charged a usage fee. In order to encourage consumption, banks will give different annual fee reduction policies.

generally speaking, the general credit card and the gold card are exempt from the annual fee in the first year, and the annual fee in the following year can be exempted if the card is swiped for a certain number of times in the opening year. The number of times that each bank needs to swipe the card free of annual fee is different, which is subject to the standards published by the credit card issuing bank.

There are some high-end platinum cards and unlimited cards that don't have an annual fee-free policy for the first year. Even if they are not activated, they will be charged an annual fee. As long as they are approved, the annual fee will be recorded immediately and they need to be repaid in time.

The reasons for charging the annual credit card fee are as follows:

First of all, every time a bank issues a credit card, there is a certain cost. For example, the basic salary of the card clerk and the commission for handling the card, such as the production cost of the card, such as the mailing cost of the card. According to incomplete statistics, the cost of issuing a credit card by a bank is as high as several hundred yuan. So we can understand why there is an annual fee. The reason is very simple. If the bank bears such a high fee and the credit card you get is not used and cannot contribute to the bank, then the bank is doomed to lose money, so the bank will have an annual fee.

Secondly, it is because when issuing each credit card, banks will carry certain rights and interests, such as a 28% discount on the car owner's card of Ping An, a movie in 9 yuan with CITIC Bank Card, and a VIP passage in the waiting hall of ICBC. These equity banks have to bear the cost. Banks are actually creating benefits for customers at a loss, so they must earn it back from the annual fee. It is basically for this reason that the annual fee is linked to the rights and interests. Generally, the annual fee is relatively low and the rights and interests are low; The higher the annual fee, the higher the rights. At present, the low annual fee is generally tens of dollars, and many reach tens of thousands.

the credit card has never been swiped. why do I need to pay an annual fee?

there is an annual fee. According to Article 49 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, the issuing bank shall establish the operating rules for credit card activation, and check the identity information of credit card holders before activation.

credit cards whose contract (agreement) has not been signed by the applicant and whose identity has not been confirmed by the activation procedure shall not be activated. New credit cards, loss reporting and card replacement, damaged card replacement and expired card replacement must be activated before they can be used by cardholders.

the credit card cannot be charged without the cardholder's activation. Under special circumstances, except for the fees charged by the cardholder in writing, customer service telephone recording, electronic signature, and the way recognized by both the cardholder and the issuing bank, and the creditor-debtor relationship formed when changing the card.

no gift or gift certificate can be issued without the cardholder's activation and use. That is to say, once it is activated and not used, there is an annual fee.

most credit cards do not charge an annual fee if they are not activated, and a few card banks that have an annual fee if they are not activated will give special reminders when handling them.

however, after the card is activated, if it is not applicable for a long time, there may be an annual fee. I suggest you contact the bank to confirm whether there are any remedial measures.

it depends on what kind of credit card you have. Generally, there will be no annual fee if the credit card is not activated. The annual fee for the UnionPay version of Longka Family Love Credit Card is 58 yuan/card/year, and the annual fee for the supplementary card is 3 yuan/card/year. There is no annual fee exemption for swiping the card. China Construction Bank has the right to charge the annual fee regardless of whether the card is activated or not.

In fact, the regulations of each bank are different. I suggest that you call the customer service number of the bank to find out clearly when applying for a credit card. Don't be misled by the credit card business representative, causing your own financial loss and affecting your credit history. Credit cards that have not been used for a long time must be cancelled in time. Credit card activation means that the customer calls the bank to activate the credit card after receiving the credit card sent by the bank. A person from CITIC Bank said: "The so-called activation is only a security measure to prevent theft, and it is not necessarily related to charging." Every credit card has a production cost. From the moment the bid is successful, the credit card account has been generated, and the bank has to pay for data processing, information maintenance and other costs. These costs do not exist because it is not opened. Therefore, it is "out of cost" for banks to charge annual credit card fees.

Agricultural Bank, Industrial Bank, Minsheng Bank and Guangdong Development Bank do not charge an annual fee for the time being if the credit card is not activated.

ICBC, Bank of Communications, China Merchants Bank, Shanghai Pudong Development Bank, Shenzhen Development Bank and other banks will also charge annual fees if their credit cards are not activated. Among them, Bank of Communications and Shenzhen Development Bank are exempt from annual fees for the first year. There are also China Bank Olympic Card, China Construction Bank Dragon Card, etc., which also need to pay an annual fee on the premise that the credit card is not activated.

In order to cope with the increasingly fierce competition, the banking industry has launched many preferential activities, such as annual fee exemption for credit cards in the first year, annual fee exemption for the following year for swiping cards five times in the first year, sending phone bills at full cost every time, and sending subway cards every time. I suggest that you don't be tempted by giving gifts and read the terms of credit card application carefully to avoid regret. Some gifts cannot be closed within a few months, otherwise the gifts will be returned or the same amount of money will be deducted. Once the annual fee is in arrears, personal credit will have a bad record, which will directly affect the approval of future home purchase loans and car purchase loans. For those who have already incurred annual fees, I suggest you pay them off. For those who have just applied and have not used it, you can swipe your card for a specified number of times, and then cancel the account after the annual fee is exempted.

Annual credit card fee

People are often not very clear about the concept of annual credit card fee. I don't know why there is such a charging item. Here's an introduction.

What is the annual credit card fee

The annual credit card fee can actually be said to be the management fee of the credit card. After the cardholder activates the credit card, the bank will deduct a certain fee from the quota on a fixed day.

Credit card annual fee charging standard

Almost all credit cards issued by banks have annual fees, and the specific fees range from 1 yuan to several thousand yuan, which is mainly determined according to the card level. The more advanced credit cards, the higher their annual fees. For example, the annual fees of many platinum cards range from 8 yuan to 5,8 yuan.

Credit card annual fee-free policy

In order to encourage consumers to use credit cards, banks will implement an annual fee-free policy for swiping cards according to the level of credit cards. For example, if the credit card with the lowest general level spends 3 to 6 times a year, the annual fee for the following year can be exempted.

However, it should be noted that some high-level credit cards have harsh policies of annual fee exemption. For example, if you have a platinum card, you have to swipe it for 2 times and the amount exceeds 8, yuan before the annual fee is exempted. There is also an annual fee for platinum cards even if they are consumed, so there is nowhere to hide this fee, so you must be cautious when handling platinum cards.

Credit card deduction time of major banks

1. Industrial and Commercial Bank of China: The number of credit card swipes will be settled from the card activation date, and it will be counted as one year on the corresponding date of the following year. If it does not meet the conditions of annual fee exemption. The annual fee will be charged on this day. Generally, the annual fee deduction of ICBC will be reminded by SMS one month in advance.

2. Bank of China: Like industry and commerce, the number of credit card swipes will be settled from the time the card is activated to the next year. For example, if the card is activated on August 1, the annual fee will be collected on August 1 next year and will continue to circulate.

3. China Construction Bank: the collection will start on the first billing day of the card-holding year.

4. Bank of Communications: The number of card swipes will be settled from the card activation date, and it will be counted as one year on the corresponding day of the following year.

5. China Merchants Bank: The card issuance date shall prevail. For example, if the card issuing date is November 1st, it will be one year from November 1st to October 31st of the following year, and the annual fee will be charged.

6. guangfa bank: the number of swipes will be settled from the card activation date, and it will be counted as one year on the corresponding day of the following year.

7. China CITIC Bank: The number of card swipes will be settled from the card activation date, and it will be counted as one year on the corresponding day of the following year.

8. ping an bank: the number of swipes will be settled from the card activation date, and it will be counted as one year on the corresponding day of the following year.

9. Minsheng bank: the number of swipes will be settled from the card activation date, and it will be counted as one year on the corresponding day of the following year.

1. China Everbright Bank: The number of card swipes will be settled from the card activation date, and it will be counted as one year on the corresponding day of the following year.

what's with the monthly deduction from the credit card? It's clear after reading it.

Under normal circumstances, credit cards will be deducted only after they are activated and used. Many people have never used their cards, or they have used their cards but returned their money, but their credit cards have been deducted every month. I just want to know why this is the case. So, what is the monthly deduction from credit cards? I will give you an analysis today.

what's with the monthly deduction from the credit card?

as we all know, credit cards don't collect fees at random. If the money is deducted every month, it is very likely that the cardholder has opened some value-added services, and the selected deduction method is monthly deduction. The most common is SMS service fee. Every bank will not be reminded by SMS for consumption below 5 yuan, and only those who have opened SMS notification service will be reminded by pen and pen.

this kind of service cost is not high, which is 3 yuan per month, including quarterly payment and monthly deduction. If the payment is monthly, the monthly deduction will be automatically included in the current bill, so there will be cases where the unused card will also be deducted. As long as the credit card is deducted, it must be repaid, regardless of the amount, so as to avoid overdue credit.

However, if you really don't know why the fee has been deducted, I suggest calling the bank's customer service for consultation, and if you don't think this service is needed, you can also ask the customer service to cancel it by the way, so that the money will not be deducted again next month. If it is found that the bank deducted the money without permission, be tough and let the bank return it. It is said that the threat of card cancellation will be more effective.

In short, it is best to find out the reason for deducting money from a credit card every month. If it is a self-operated business, you must repay the money if it is deducted, even if you only owe a few dollars. Although some banks have tolerance service, it is not overdue if it does not exceed 1 yuan, but interest will be calculated if it is not repaid.

This concludes the introduction of why credit cards are charged and whether there are any free credit cards. Did you find the information you need?