The annual fee of a credit card is calculated and collected after the card is opened, and the annual fee cannot be charged for an inactive credit card.

according to article 49 of the measures for the supervision and administration of credit card business of commercial banks, the card-issuing bank shall establish operating rules for credit card activation, and check the identity information of credit card holders before activation. Credit cards whose contract (agreement) has not been signed by the applicant and whose identity has not been confirmed by the activation program shall not be activated. New credit cards, loss reporting and card replacement, damaged card replacement and expired card replacement must be activated before they can be used by cardholders.

the credit card cannot be charged without the cardholder's activation. Under special circumstances, except for the fees charged by the cardholder in writing, customer service telephone recording, electronic signature, and the way recognized by both the cardholder and the issuing bank, and the creditor-debtor relationship formed when changing the card. Credit cards are not allowed to issue any gifts or gift certificates without being activated and used by the cardholder.

Extended information:

Measures for the Supervision and Administration of Credit Card Business of Commercial Banks Article 53 Without the cardholder's application and the opening of card service exceeding the credit limit, the over-limit fee may not be deducted in any form. Cardholders can use oral (customer service telephone recording), electronic and written methods to open or cancel the card service exceeding the credit limit.

the issuing bank must provide information about the charging form and calculation method of the over-limit fee before opening the over-limit card service for the cardholder, and clearly inform the cardholder of the right to cancel the over-limit card service. After the issuing bank collects the overrun fee, it shall clearly list the amount of overrun fee in the corresponding billing cycle in the statement.

Baidu Encyclopedia-Measures for the Supervision and Administration of Credit Card Business of Commercial Banks