The annual fee will be waived in the first year after the credit card is activated, and the annual fee will be charged if the card payment conditions are not met in the second year.

1. If the credit card is not activated, there is no annual fee. If it is activated, the annual fee will be waived in the first year, but it is not waived casually in the second year. There must be conditions:

If you swipe the card more than 6 times in the year, the annual fee will be waived in the second year. After activating the card, if you do not use the card for consumption, you will have to pay an annual fee the next year, and the annual fee will be deducted. If you do not repay the card in time, a bad record will be left.

2. How to handle various types of credit cards that have not been used for a long time:

(1) Ordinary debit card banks will quietly deduct annual fees or small account management fees until the balance reaches zero. In this case, the credit card should be canceled or destroyed;

(2) After the inactivated credit card is discarded and activated by criminals, the card will be overdrawn. In this case, the credit card should be canceled or destroyed;

(3) Unactivated platinum credit cards may be deducted annual fees or cost fees. Failure to pay them overdue will result in a bad record. Please ask customer service about the charges before canceling the account;

(4) Activated credit cards The annual fee is deducted from the credit card, and the credit card is not repaid overdue, resulting in a bad record. In this case, the credit card can be used normally or the account can be cancelled.

Extended information:

The following factors have a great impact on credit card limits

1. Cashing out illegally with credit cards

If you use your credit card to cash out illegally, you will be If the system detects it, it may cause the credit card limit to be reduced. If the amount of cash withdrawn is large, it will not only affect your personal credit record, but also the bank may directly suspend the card. In serious cases, you may be held criminally responsible.

2. Credit card maliciously overdue

If the credit card bill has been overdue for a long time, or the amount owed is large, the bank will consider the cardholder to be at risk of bad debts, and may reduce the credit card limit. A serious personal credit record will also be affected.

3. Credit card account abnormality

This situation is usually due to fraudulent transactions. For example, the credit card has been used for domestic transactions, and suddenly the bank finds that the card has been used for several foreign transactions. The bank will Will take the initiative to call the customer to confirm whether it was done by me. In order to avoid risks, the bank may take the initiative to reduce the credit card limit, or reduce the credit card limit for the cardholder upon application by the cardholder to prevent fraudulent activities.

People's Daily Online-A man's credit card was activated but not used again? There was a bad record due to non-payment of the annual fee