According to the inquiry of China Merchants Bank in official website, the credit card of First graduates of China Merchants Bank is free of annual fee under normal circumstances. The following are some key points about the annual fee of this credit card:

1. Card grade: The First graduate credit card of China Merchants Bank is a gold card grade.

2. Annual fee policy: This card provides preferential policy of free annual fee for credit card swiping.

3. Object-oriented: mainly aimed at college students who graduated in the current year and the following year.

4. Credit limit: The credit limit will be temporarily sealed while the cardholder is studying; After graduation and employment, the graduation registration is completed and passed the examination, and the quota can be unsealed.

5. Other information: In some special circumstances, the annual fee may occur, such as the cardholder fails to reach the consumption threshold set by the bank within a certain period of time, or fails to use the credit card in accordance with relevant regulations. To sum up, the First Graduate Credit Card of China Merchants Bank is free of annual fee in most cases, but users should abide by relevant regulations and contracts in the process of using it to avoid triggering charging conditions. Users are advised to consult the customer service of the bank before using it to obtain the most accurate information.