Because the credit card was not used and the conditions for annual fee reduction were not met, an annual fee was incurred. After the bank deducts the annual fee, if the card-issuing bank stipulates the number or amount of re-swipes that can refund the annual fee, the customer can re-swipe the card within the specified time. As long as the number or amount required by the bank is reached, the bank will refund the annual fee to the customer.

For example, assume that the annual fee for a credit card held by a customer is that the annual fee can be waived if the customer swipes the card 6 times within a year. After the bank deducts the annual fee, if the customer makes 6 payments within a month, the bank will refund the deducted annual fee to the customer.

If the card-issuing bank does not have such regulations, then after the annual fee is included in the bill, the customer needs to remember to repay the annual fee before the due repayment date to avoid overdue payment. In fact, customers can also use credit cards more often. Like gold cards or ordinary cards, the annual fee can be reduced by just swiping a few times a year. The conditions for annual fee reduction are usually very simple.

Can I repay my credit card six months after it is overdue?

Yes, as long as the bank does not report it to the central bank’s credit system, you can apply for a deferral of repayment. However, many banks will have a repayment grace period. You can repay within 3 days after the last payment date, instead of waiting until the grace period to repay, and it will not be considered overdue. As long as you can plan to repay before the repayment grace period, remember to repay on time and don't overdue it, as overdue payments will affect your personal credit.