No, the annual credit card fee must be paid. If you don't pay it back, there will be overdue interest. In addition, the bank will freeze the credit card and the cardholder cannot use it normally. If users want to reduce the annual credit card fee, they can offset it by swiping the card. Most credit cards allow you to swipe your card for a certain number of times or a certain amount without an annual fee.

How do I check if I have a credit card?

By reading the personal credit report, you can clearly understand all the credit cards in your name. As for the inquiry method of credit report, users can authorize mobile banking to inquire, or they can log in to official website, the Credit Information Center of the People's Bank of China, or they can inquire on the self-service machines of branches of commercial banks. After checking the credit information, users must report to the bank in time if they find that the credit card status is abnormal, or if they have not applied for a credit card but have records.