The annual fee for the Shang Zhen Platinum Card of Guangfa Bank is 480 yuan, and the annual fee for the secondary card is 240 yuan. The annual fee will be deducted on the day when the credit card is activated. The cardholder can make three transactions within 90 days after issuing the card (each transaction must be in 88 yuan), and the annual fee will be refunded within 15 working days after meeting the requirements. The cardholder swipes the card 12 times a year to waive the annual fee for the next year, and the system will automatically refund the annual fee for the next year.