What credit card has no annual fee?

There are many credit cards that do not require an annual fee, such as China Merchants Bank One Piece Wanted Collection, Minsheng Bank Small White Card, Industrial and Commercial Bank of China Peony Express Card, Shanghai Pudong Development Bank Dream Card Platinum Card and so on.

1. China Merchants Bank: One Piece Wanted Collector’s Edition. China Merchants Bank’s One Piece Wanted Collector’s Edition is free of charge, but there is a production fee of 50 yuan. It seems that it can no longer be found. Application link.

2. Minsheng Bank: small white card.

3. Bank of China: Great Wall Global Access Platinum Card. Bank of China’s Great Wall Global Access Platinum Card is exempt from the expiration date in some areas. In some areas, it is exempt from the validity period, and in some areas it is not exempted.

4. Shanghai Pudong Development Bank: Meng Card Platinum Card. Pudong Development Bank has too many ultimate free cards. All series of Dream Cards are free of charge. You can also customize the card face. There are many more. You can go to the official website have a look.

5. Industrial and Commercial Bank of China: Peony Express Card.

6. Bank of Beijing: Big Love Card.

1. Will the annual fee be deducted if the supplementary credit card is not used?

This should be analyzed according to the type of credit card.

1. For ordinary UnionPay credit cards, such as UnionPay Regular Card and UnionPay Gold Card, the annual fees for the primary and secondary cards are calculated separately. The annual fee can also be reduced by swiping the card, but it needs to be swiped separately, otherwise the main card will be full. The number of times, if the secondary card is not used, the annual fee will be deducted, and it will be included in the latest bill of the main card; for foreign currency card cards, most banks' primary and secondary cards are free of annual fees, and no money will be deducted regardless of whether the card is used.

2. For high-end cards such as UnionPay cards, except for those specified by the bank where the annual fee can be reduced or reduced by swiping the card, most of them have a rigid annual fee. The annual fee will be deducted directly regardless of whether the card is swiped or not. However, there are also some supplementary cards that are free of annual fees within the validity period, and no money will be deducted if the card is not swiped.

2. What should I do if the annual fee for the supplementary credit card is deducted?

There is no other way besides repayment. After all, the annual fee is one of the required fees for credit cards. If you don’t repay, it will be overdue. Not to mention being charged penalty interest and liquidated damages, it will also affect your credit card. Credit.

However, if it is an ordinary credit card, the annual fee can be reduced or reduced by swiping the card. After repayment, you can call the bank's manual customer service to see if the annual fee can be refunded by swiping the card.

Which bank credit card has no annual fee

Many banks have credit cards with no annual fee, such as the UnionPay Civil Servant Card of Bank of Communications and Agricultural Bank of China, the Great Wall Credit Card Gold Card of Bank of China, and the Postal Service Card. Savings Bank’s Ding Card credit card, China CITIC Bank’s Blue Card, China Construction Bank’s Red Cross co-branded card and civil servant card, etc. What I want to tell you is that many banks support spending six times in a year, and you can enjoy the annual fee-free service the following year.

Different banks have different annual fee standards for credit cards, and the annual fees for different credit card types of the same bank are also different. However, currently, credit cards issued by domestic banks usually adopt the policy of exempting the annual fee in the first year and swiping the card a certain number of times to waive the annual fee in the following year (except for some platinum credit cards). Therefore, as long as the credit card can meet the consumption standards required by the bank, it is equivalent to a full exemption. Annual fee. For example, Bank of China, Agricultural Bank of China, and Industrial Bank credit cards are exempted from annual fees in the first year, and the annual fee for the following year is waived if the card is swiped 5 times within a year; ICBC credit card is swiped 5 times within a year, and the annual fee is waived for that year (ICBC credit card annual fee is in the natural year) It is charged at the end of the year, not in advance, so there is no annual fee exemption in the first year); the China Construction Bank credit card is exempt from the annual fee in the first year, and if the card is swiped three times in a year, the annual fee for the next year is waived; the Bank of Communications credit card is exempted from the annual fee in the first year , the annual fee for the next year can be waived by swiping the card six times a year (Bank of Communications Platinum Credit Card does not have an annual fee waiver policy).

A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card.

On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

On May 25, 2021, the Supreme People’s Court issued and implemented the “Regulations of the Supreme People’s Court on Several Issues Concerning the Trial of Bank Card Civil Cases”.

Which Bank of China credit cards are free of annual fees?

Currently, Bank of China will not charge any fees if the card is not activated. During the year of using the credit card, the accumulated card consumption of the domestic and foreign currency accounts in the year meets the following conditions: The annual fee for the current year can be reduced or exempted, except for special card types:

1. The personal Gold Card is exempted from the annual fee in the first year, and 5 transactions are exempted in the following year; the annual fee reduction policy for supplementary cards is the same as that for the main card;

2. From 2017 to 2018, new platinum card customers will be exempted from the first-year annual fee. Old customers and new customers need to pay 12 annual fees for the next year and a minimum of 20,000 yuan will be waived, or use 100,000 transaction points to redeem the annual fee. The annual fee reduction and exemption policy for supplementary cards is the same as that for the main card;

3. All-currency international chip series gold, regular and platinum credit cards: There is no annual fee for applying for the card before December 31, 2018.

4. World Elite Card/New Infinity Card + Diamond Card: Since 2017, World Elite Card/New Infinity Card + Diamond Card strictly implements the annual fee collection policy, and in principle all customers are charged Annual fee or the customer can use 400,000 transaction points to redeem the annual fee.

5. Unlimited card dual-currency card: 2018 policy, in principle, an annual fee is required; the annual fee for the following year requires customers to use 400,000 transaction points to redeem.

6. American Express Private Card: New cards issued in 2018 will be given a first-year discount policy; the annual fee for the next year requires customers to use 800,000 transaction points, 480 exclusive points or 400,000 transaction points + 240 points Enjoy points redemption.

The above content is for your reference, please refer to actual business regulations.

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GOAPP to handle related businesses.

What credit cards are permanently free of annual fees? These cards are worth a look

Credit cards generally charge annual fees. Most regular cards charge 50 yuan/year, and gold cards charge 100 yuan/year. Sometimes banks waive the annual fee in the first year in order to promote sales. , or the annual fee is waived after 6 purchases. There are also some credit cards that are permanently waived, which is a lot of benefits. What are the credit cards that are permanently waived? Let’s find out together!

Credit cards with permanent annual fee exemption

1. Industrial Bank MasterCard Champions League Platinum Credit Card (Elite Edition)

This card has no annual fee within the validity period. It is suitable for people who often go abroad, because there are no foreign transaction and exchange fees, and there is also 10 million public transportation accident insurance and happy travel insurance. The application conditions are relatively simple. You must be over 18 years old and have a stable source of income. , good credit, easy to apply.

2. Everbright Douyin Co-branded Card Titanium Card

This card is also free of annual fees during the validity period. If you often go to Starbucks or use Ele.me a lot, you may consider this card. Get a card because it offers a discount of 20 off for purchases over 40 years old at Starbucks. Selected brands on Ele.me can get 20 off for purchases over 30 years old. It’s very affordable if you use it a lot. It’s not difficult to apply. You must be 18 years or older. If you have a stable income and good credit, you can give it a try.

3. Shanghai Pudong Development Bank Ning Zetao Youth Credit Card Gold Card

This card is permanently free of annual fees, and can achieve 100% cash withdrawal, and the installment fee can also be reduced to nine Discount, but there are certain conditions for application. You need to be under 40 years old. There are also academic requirements. You need a full-time undergraduate degree or above. If you graduate from a foreign institution, you also need to provide a degree certificate.

4. Agricultural Bank of China’s Burning Dream Series Credit Card

The Burning Dream Credit Card is a platinum-level credit card issued by Agricultural Bank of China. It is free of annual fees within the validity period. One special feature of this card is that it Interest will be settled on deposits. During its interest settlement cycle, if the average daily deposit balance in the card is more than 1,000 yuan, interest will be settled based on the current deposit interest rate.

There are certainly many credit cards with permanent annual fee exemptions, and each bank has different application conditions. If you don’t want to calculate the number of card swipes or the amount to avoid annual fees, then it is best to directly apply for a credit card with permanent annual fee exemption.

This concludes the introduction about which credit cards do not require annual fees and whether there are credit cards that do not require annual fees. Have you found the information you need?