China Merchants Bank Credit Card The annual fee policy of China Merchants Bank Full Currency Card is that the annual fee is unconditionally waived during the validity period. How should we interpret it? It is 5 years (the card is valid for renewal every 5 years)

Hello, It means that the handling fee is waived within the validity period of 5 years. Before the credit card expires, if your card is in normal condition, a new card will be sent to you. The new card is generally valid for 5 years. If the relevant regulations have not changed by then, the new card will still be valid and free of annual fees.

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