An annual fee will be deducted if the credit card is activated but not used.

The annual fee is generally deducted directly from the credit limit of the credit card, and the cardholder only needs to repay the credit card bill on time. Of course, some credit cards have an annual fee-free policy, that is, no annual fee is charged in the first year of opening the card. In this case, even if the credit card is activated and not used, there will be no annual fee.

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).

Compared with ordinary bank savings cards, the most convenient way to use credit cards is that they can be used for ordinary consumption without cash in the card. In many cases, you only need to return the consumed amount on schedule. You can make overdrafts without deposits, and enjoy an interest-free period of 20-56 days for on-time repayment without charging any interest (most banks will charge an interest of 50,000 cents on the day of cash withdrawal, as well as a 2% handling fee. Industrial and Commercial Bank cash withdrawals are free of charge and only charge interest).