Nowadays, most bank cards (including ICBC), including savings cards (debit cards) and credit cards, charge annual fees. A prescribed amount of fees is deducted from the corresponding account every year, which is called the annual fee. Usually credit cards have higher annual fees, and different types of credit cards also have different annual fee regulations. You need to check the regulations or agreement terms of the relevant bank. Banks may also waive annual fees for certain special customers or when certain conditions are met.
ICBC credit card annual fee standards:
The annual fee for domestic ordinary cards is 50 yuan, and the annual fee for gold cards is 100 yuan;
The annual fee for international dual-currency cards is 100 yuan. Gold card is 200 yuan;
Business ordinary card is 200 yuan, gold card is 400 yuan; platinum card is 2,000 yuan;
The annual fee for all supplementary cards is half of the annual fee for the main card.
Notes on waiving annual credit card fees:
1. Do I need to pay annual fees for inactive credit cards?
Five banks charge annual fees for sleep credit cards.
Is there an annual fee for an inactive credit card? After talking to the customer service of 13 banks, I learned that the credit cards of five banks, China Construction Bank, Bank of Communications, China Merchants Bank, China Everbright, and Shanghai Pudong Development Bank, require annual fees even if they are not activated; while ICBC, Agricultural Bank of China, Bank of China, CITIC, Minsheng, Industrial Bank, Guangfa, and Huaxia 8 For credit cards from domestic banks, if the cardholder does not call the customer service hotline to request activation, there will be no annual fee.
2. What are the annual credit card fee requirements of various banks?
It is understood that banks generally waive the first-year annual fee for credit cards if the cardholder reaches a certain number of swipes in the first year (usually 3 or 6 times, and some stipulate 1 time), or swipes the card for consumption. If a certain amount is reached (for example, Pudong Development Bank requires a consumption of 2,000 yuan), the annual fee for the next year will be waived. ICBC, Agricultural Bank of China, Bank of China, CITIC, Minsheng, Industrial Bank, Guangfa and Hua Xia: annual fees are waived if not activated; China Construction Bank and Everbright: annual fees are waived in the first year, and annual fees for the following year are waived by swiping the card three times; Bank of Communications and China Merchants Bank: annual fees are waived in the first year The annual fee is waived for the following year if you swipe the card 6 times; Pudong Development: no annual fee is waived for the first year, and the next year's annual fee is waived if you swipe the card for 2,000 yuan.
3. How to waive the annual fee for the next year
The following takes the China Merchants Bank credit card as an example: many users only know that they have to swipe 6 times to get the annual fee waived, so do these 6 times count? Is it for online payment? Or do you have to go to the mall to swipe 6 times?
Answer: As long as you swipe the card 6 times, including all merchants, as long as it is a UnionPay merchant, such as shopping malls, supermarkets, pharmacies, hotels, restaurants, in short, as long as it is not online, all the card swipes will be added to One piece, if you use it 6 times in a year, the annual fee for the next year will be waived! It doesn’t have to be a shopping mall!
4. Suggestions
After receiving a credit card, it is best to call the customer service hotline printed on the card to inquire about the annual fee. Do not ignore it. Some card types have special discounts. If you plan to activate it, you can learn more about the conditions for exempting the annual fee. If you do not plan to use the card, it is best to ask the customer service staff to cancel it.