In fact, Xiaobian doesn't recommend that you find those credit cards that are free of annual fees for life. You should apply for a credit card that really suits you according to your own consumption needs. And as long as the annual consumption reaches the amount or times specified by ICBC, the annual fee can be exempted. The annual fee-free policy for all credit cards of ICBC is as follows:
1. During the card use year, the accumulated credit card spending in local and foreign currency accounts in that year reaches RMB2, (excluding online consumption, house purchase, car purchase, wholesale, public welfare and other points recognized by ICBC), and the annual fee for the main and secondary cards can be reduced or exempted. (except ICBC (Express) Centurion Platinum Card)
2. Customers of Platinum Card who have accumulated RMB 4 million or equivalent foreign currency in their local and foreign currency accounts (excluding online consumption, house purchase, car purchase, wholesale, public welfare and the consumption of other merchants who are determined by ICBC not to accumulate points) can be given a permanent annual fee-free discount. (except ICBC (Express) Centurion Platinum Card)
3. The annual fee for UnionPay standard platinum cards (except UnionPay Zunshang Platinum Card, Dual-core Combination Platinum Card and UnionPay Multi-currency Platinum Card) is charged at a 1% discount.
4. During the card-using year, customers of personal gold card, personal general card and personal special card can reduce the annual fee of the main and secondary cards if their accumulated spending on credit cards in local and foreign currency accounts reaches 5 or 5, yuan or equivalent in foreign currency.
5. In the year when corporate card (business card) customers use the card, the accumulated credit card spending of local and foreign currency accounts in that year reaches 1,,1, yuan or equivalent foreign currency, and the annual fee of the main and secondary cards can be reduced or exempted.
6. Personal card accounts signed with ICBC for payroll contracts, pensions, subsistence allowances, medical insurance, unemployment insurance and housing accumulation fund are free of annual fees (except platinum cards and above).
7. Provide business cards (personal cards and business travel cards) free of charge.