Credit card handling fees include: 1. Annual fee; 2. Cash withdrawal handling fee; 3. Overdue penalty interest; 4. Overpayment; 5. Foreign currency exchange handling fees incurred in overseas transactions; 6. SMS notification service fee; 7. Handling fee for reporting loss and replacement; 8. Handling fee for making up a statement; 9. Installment repayment fee; 10. Expedited processing fee, etc. The annual fee is the most common fee among credit card fees. Most credit cards can waive the annual fee if you swipe it 5 or 6 times. However, for some special cards (platinum cards, etc.), the annual fee cannot be waived, no matter you No matter how many times you swipe your card, you still have to pay.

What are the credit card fees?

When we need cash, we can use a credit card to withdraw cash, and banks will charge a certain fee for credit card withdrawals. The cash withdrawal fees of major banks are usually is 1%. Overdue fees for overdue credit cards will be charged from the billing date, deducted at a daily rate of 0.05%, and compound interest will be charged every month until all is paid off. Overpayment refers to the extra assets you deposit for repayment or the assets you store in your bank card account. If you want to withdraw this money, you need to pay a certain fee. Exchange fees refer to the fees incurred in converting two foreign currencies. Suppose you travel to Europe and bring a Visa RMB-USD dual-currency card. Then the euros you consume need to be converted into US dollars when you deposit them into your account. In this process, currency conversion fees will be incurred.