It means that the annual fee of the user's credit card is 160 yuan. Credit card 8 times, free of annual fee for the following year. The annual fee for the main card is 160 yuan, which means that you swipe your card eight times this year, and the annual fee for the next year is free. But this year, the annual fee still needs to be paid 160 yuan. The annual credit card fee refers to the fee that the cardholder needs to pay to the bank during the use of the credit card.