The card fee of credit card also includes withdrawal fee, which is simply withdrawal fee, mainly including service fee and loan interest. At the service fee level, the cash withdrawal amount of 1%-2% is deducted, while at the loan interest rate level, the loans overdue fee is calculated at the daily interest rate of 0.05%: if the credit card customer fails to repay on time within the repayment period, It is likely to cost loans overdue. Generally speaking, loans overdue fees are deducted at the daily interest rate of 0.05%. However, the method of "monthly rolling interest calculation" is adopted. In addition to the above fees, credit cards are likely to deduct business card printing fees. Credit card fees are so much.

1. The credit card has two main functions: one is to swipe the card and the other is to withdraw cash. The cost is different under different circumstances. If the cardholder spends 10000 yuan directly by swiping the card, the cardholder does not need to pay the handling fee. Users can enjoy an interest-free repayment period as long as they repay on time within the specified repayment period, and cardholders do not need to pay any interest and handling fees.

2. If the cardholder can't repay in full within the specified time, in order to avoid installment, the user can choose to handle installment or minimum repayment amount. Repayment in installments requires handling fees, which are different in different periods. If the user chooses to repay the minimum repayment amount, the interest fee will be paid. The interest is calculated at 0.05% per day, and the credit card can be repaid at most every month, and the low repayment interest is compounded monthly until the cardholder pays off all debts. Minimum repayment amount of credit card = consumption amount within the credit line × 10% cash overdraft transaction amount × 100% unpaid part of the minimum repayment amount in the previous period × 100% consumption amount exceeding the credit line × 100% all expenses and interest × 100%.

3. If the cardholder uses a credit card to withdraw cash, a handling fee will be charged according to a certain proportion of the cash withdrawal amount. Different banks have different cash withdrawal fees. For example, China Everbright Bank, Agricultural Bank and Bank of Communications charge a 2.5% withdrawal fee. Usually, the withdrawal fee is 1%-3% of the withdrawal amount, that is, the withdrawal fee of 10000 yuan is about 100-300 yuan. In addition to the handling fee, you need to charge 5/ 10000 interest every day for withdrawal.

4. Although the cardholder does not need to pay the service fee when using the credit card within the stipulated repayment date, the bank will charge the merchant the service fee. Different types of merchants charge different credit card collection service fees. If a cardholder uses a credit card to spend money in an ordinary merchant, the usual charging standard is 0.6%, that is, the cardholder uses a credit card to spend 10000 yuan, and the bank will charge the merchant a handling fee from 60 yuan. Consult the bank for specific suggestions.

How much is the annual credit card fee? Why do you charge an annual fee?

The annual credit card fee refers to the annual credit card fee. Each credit card has a corresponding annual fee, and the annual fee of each card in each bank is different. Generally speaking, the annual fee will not be charged until the credit card is activated, which means that you will start to use the card and then charge a usage fee. In order to encourage consumption, banks will give different annual fee reduction policies.

Generally speaking, credit cards and gold cards are exempt from the annual fee in the first year, and the annual fee in the following year can be exempted if the card is swiped for a certain number of times in that year. The number of times each bank needs to swipe its card free of annual fee is different, which is subject to the standards published by the credit card issuing bank.

There are also some high-end platinum cards and unlimited cards that do not have an annual fee-free policy for the first year. Even if it is not activated, there is an annual fee. As long as it is approved, the annual fee will be recorded immediately and needs to be repaid in time.

The reasons for charging the annual credit card fee are as follows:

First of all, every time a bank issues a credit card, there is a certain cost. For example, the basic salary of card handlers, the commission for handling cards, such as the production cost of cards, such as the mailing cost of cards. According to incomplete statistics, the cost of issuing a credit card by a bank is as high as several hundred yuan. So we can understand why there is an annual fee. There is a simple reason. If the bank bears such a high cost, and the credit card you get is not used and cannot contribute to the bank, then the bank is doomed to lose money, so the bank will have an annual fee.

Secondly, it is because every credit card is issued with certain rights and interests. For example, the owner card of Ping An will get a 28% discount on gas. For example, CITIC Bank Card 9 yuan will watch movies, such as the VIP channel in the ICBC terminal. These equity banks must bear the cost. Banks are actually creating benefits for customers at a loss, so they must earn it back from the annual fee. This is basically the reason why the annual fee is linked to the rights and interests. Generally, the annual fee is relatively low and the rights and interests are low; The higher the annual fee, the higher the rights. At present, the annual fee is generally tens of dollars, and many of them reach tens of thousands.

Why do credit cards charge an annual fee?

The reason why banks issue credit cards is to make money. One aspect of profit is the annual fee. The main way to make money is through the cardholder's credit card consumption.

General standard credit card annual fee is about 100 yuan, and gold card annual fee is generally 200 yuan or 300 yuan. The annual fee policy of most banks will not change easily. However, the annual fee standard of credit cards of different banks will be different according to different cards. Even for credit cards issued by the same credit card center, the annual fee standard will vary greatly. Cardholders should first ask how high this "potential cost" is when they apply for a card. The annual fee of a single-currency card is lower than that of a dual-currency card. Generally, the annual fee of the supplementary card is halved corresponding to the annual fee of the main card.

For example, the annual fee for Shanghai Pudong Co-branded Card is 360 yuan; Shanghai Pudong Development Bank standard credit card, the annual fee of the main card is 180 yuan, and the annual fee of the auxiliary card is 90 yuan; The annual fee for the gold card is 180 yuan for the supplementary card and 360 yuan for the main card; As for PUFA McDull series credit cards, the signboard of "Free Annual Fee for Life" has been put up.

Extended data

1. What does the annual credit card fee mean?

The annual credit card fee refers to the annual credit card fee. Each credit card has a corresponding annual fee, and the annual fee of each card in each bank is different. Generally speaking, the annual fee will not be charged until the credit card is activated, which means that you will start to use the card and then charge a usage fee. In order to encourage consumption, the bank has given various annual fee reduction policies. The most common is: the annual fee is free for the first year of credit card opening, and it will be free for a certain number of times in the future. This is a common annual fee-free policy for credit cards.

2. Does the credit card not activate the annual fee?

According to the regulations of China Banking Regulatory Commission, under normal circumstances, banks are not allowed to charge annual fees for inactive credit card holders, which means that the usual credit cards need not be inactive. However, the CBRC also stipulates that unless the bank has a contract or agreement with the applicant, the annual fee can still be charged if the credit card is not activated. For some special bank cards, such as high-end cards, customized cards, etc., due to the high cost of business card printing and many value-added services, banks will charge an annual fee. In this case, the user may be overdue due to the annual fee generated by the inactive credit card.

This is the end of the introduction of why credit cards generate card fees and what fees will be generated by using credit cards. I wonder if you have found the information you need?