Before the cardholder activates the credit card, the bank shall not charge an annual fee. However, most people know little about the various rules for different banks to handle annual credit card fees. The annual fee of credit card is mostly around 100 yuan, and some banks stipulate that the annual fee can be waived by swiping it three times a year.

Most credit cards can be exempted from the annual fee in the first year, and the annual fee can be reduced after a certain number of swipes or a certain amount. The relatively low standards are the standard cards of China Construction Bank and China Everbright Bank. Cardholders can waive the annual fee for the following year as long as they swipe their cards three times a year. Among them, the cumulative number of swipes can be combined between the main card and the auxiliary card of Everbright Credit Card, that is, the main card and the auxiliary card swipe their cards for three times, which can be exempted from the annual fee.

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If it is a special card such as a platinum card, it is not excluded that as long as it is not activated, it will be charged, or it will be a production fee or an annual fee. Moreover, the annual fee of platinum card is much higher than that of ordinary credit card, often exceeding 1 1,000 yuan/year.

Therefore, the professionals of Hebei UnionPay specially remind cardholders that if you have a platinum credit card in your hand, you must consult the customer service to collect the annual fee, so as to avoid the inactive fees being deducted and forming a bad record. Even if the activated credit card is "sleeping", the annual fee is an unavoidable hurdle.

According to the reporter's investigation, in order to attract cardholders, most banks will offer annual fee-free concessions for the first year. Moreover, if the credit card consumption reaches a certain number of times or amount, the annual fee can be exempted in the following year. However, it is the abandonment of these additional conditions that makes many cardholders careless and put the activated cards aside. If the number of swipes or the amount required by the bank are not met, the annual fee will be deducted in the second year.

Baidu Encyclopedia-Credit Card Annual Fee Rules

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