First, the annual credit card fee rules refer to some corresponding provisions of the annual credit card fee. Before the cardholder is activated, the bank may not charge an annual fee for the credit card. But most people know little about the annual fee rules of credit cards in different banks. The annual fee for credit cards is mostly around 100 yuan, and some banks stipulate that the annual fee can be waived by swiping the card three times a year. Although the China Banking Regulatory Commission issued a notice as early as July, stipulating that banks should not charge annual fees before cardholders are activated, many cardholders are still confused about the various rules for handling annual fees with different bank credit cards.
"I have several credit cards from different banks, some of which are free of annual fees for six times, some of which stipulate that the accumulated consumption is more than 5,000 yuan, and some stipulate that 3,000 points are free of annual fees." Ms. Xu, who works in a foreign-funded enterprise, told the reporter that in order to find out the annual fees of different credit cards, she specially called each credit card center to find out, and then wrote it down to avoid the situation that some credit cards would generate annual fees in the following year because the number of swipes or the amount was not up to standard.
Second, if you don't swipe your card, you have to pay an annual fee, which is certainly not cost-effective. However, different banks have different annual fee-free rules, which makes it easy for cardholders to inadvertently generate annual fees.
Cardholders generally believe that credit card agents are exempt from annual fees in the first year, but not all cards are exempt from annual fees in the second year when their credit cards reach a certain standard. For example, ICBC's credit card does not charge an annual fee in the first year, but it needs to be swiped five times or spend more than 5,000 yuan to avoid the annual fee for that year; According to the regulations of China CITIC Bank, the annual fee for the first year can only be waived if you swipe your card once in the first month after issuing the card.
In the annual fee-free rules of the following year, some banks stipulate that they can be free as long as they swipe their cards for more than three times, such as China Construction Bank [6.203.85%] and China Everbright Bank; Some banks require more credit cards. For example, an SDB credit card needs 18 times to be exempted from the annual fee for the following year. Most banks, such as ICBC, Agricultural Bank, Bank of China, Bank of Communications, China Merchants Bank, etc. Free of 5-6 annual fees.
Third, the annual fee of credit card is really charming. Is there no free lunch?
In fact, there is no life-long annual fee-free credit card. For example, the credit card issued by the Postal Savings Bank, whether it is the main card or the supplementary card, does not need to worry about the annual fee.
There are also free lunches in Shanghai Bank's credit cards, such as Xingyun Card, Hong Kong Travel Card and Global Card, all of which are free of annual fees for life. However, the outlets of Shanghai Bank only cover the Shanghai area, and it is more difficult to handle them in other areas.
There are also many credit cards in other banks that are free of annual fees for life. Because there are too many types of credit cards, you need to look carefully if you want to handle them. For example, China Southern Airlines Pearl Credit Card Extraordinary Edition and QQ Car Card of Guangfa Bank, McDull Credit Card and 60th Anniversary Credit Card of Shanghai Pudong Development Bank, Jinsui Ruyi Credit Card of Agricultural Bank, and AIDA Credit Card of Bank of Beijing [18.825.67%] can all enjoy the provision of free annual fee for life.
Since June 65438+July 2003, banks have issued a large number of official credit cards to enterprises and institutions, and all of them are free of annual fees for life. Business credit card is a credit card held by employees in budget units, which can be used for daily business expenses and financial reimbursement, personal consumption and cash withdrawal, and can enjoy various discounts on credit card consumption.