Most banks and most card types do not charge fees if they are not activated. However, for many large-deposit platinum and above card types, the bank’s official website and the written description of credit card rights when applying for a card do have “once the card is activated. issuance, regardless of whether it is activated or not, an annual fee will be charged."

If you do not plan to activate and use it, it is best not to apply for a credit card at will to avoid unnecessary expenses.

Article 49 of the "Measures for the Supervision and Administration of Credit Card Business of Commercial Banks" issued by the China Banking Regulatory Commission in 2011 stipulates that no fees may be deducted from credit cards without activation by the cardholder. However, the regulations also state that “under special circumstances, the cardholder shall authorize the deduction of fees separately in writing, customer service call recording, electronic signature, and a method mutually recognized by the cardholder and the card-issuing bank, as well as the fees that have been formed when the card is replaced. Except for the credit-debt relationship.” In other words, “no annual fee if not activated” does not cover all credit cards. :

Main features of credit card

1. Credit card is one of the fastest growing financial services today. It is an electronic currency that can replace traditional cash flow within a certain range. ;

2. Credit cards have both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using credit cards;

3. Credit cards are high-tech products that integrate financial services and computer technology.

4. Credit cards can reduce the use of cash;

5. Credit cards can provide settlement services, facilitate shopping and consumption, and enhance a sense of security;

6. Credit cards It can simplify the collection procedures and save social labor;

7. Credit cards can promote product sales and stimulate social demand.