Currently, if the Bank of China card is not activated, no fees will be charged. During the year of using the credit card, if the accumulated card consumption in the local and foreign currency accounts in the year meets the following conditions, the annual fee for the current year can be reduced or exempted, except for special card types:
1. The annual fee for the personal Gold Card is waived in the first year, and 5 transactions are waived for the following year; the annual fee reduction policy for supplementary cards is the same as that for the main card;
2. New Platinum Card customers from 2017 to 2018 are exempted from the annual fee. The first-year annual fee, the annual fee for old customers and new customers in the next year must be waived for 12 transactions of 20,000 yuan or more, or 100,000 transaction points can be used to redeem the annual fee; the annual fee reduction policy for supplementary cards is the same as for the main card;
3. All-currency international chip series gold, standard and platinum credit cards: annual fee is waived when applying for a card before December 31, 2018.
4. World Elite Card/New Infinity Card Diamond Card: Since 2017, World Elite Card/New Infinity Card Diamond Card has strictly implemented the annual fee collection policy. In principle, all customers are charged annual fees. Or customers can use 400,000 transaction points to redeem the annual fee.
5. Unlimited Card Dual Currency Card: According to the 2018 policy, in principle, an annual fee is required; the annual fee for the following year requires customers to use 400,000 transaction points to redeem it.
6. American Express Private Card: New cards issued in 2018 will be exempted from the first-year preferential policy; the annual fee for the next year requires customers to use 800,000 transaction points, 480 exclusive points or 400,000 transaction points for 240 exclusive benefits Points redemption.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GO APP to handle related businesses.