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I have a credit card from China Merchants Bank. Why do I lose money every month for no reason?
The annual fee is deducted.

1, ICBC, ABC, BOC, CITIC, Minsheng, Xingye, Guangfa and Huaxia have not activated the annual fee exemption;

2. CCB and China Everbright are exempt from annual fees in the first year, and they are exempt from annual fees for spending three times in the following year;

3. Bank of Communications and China Merchants Bank are exempt from annual fees in the first year, and they are exempt from annual fees in the following year after spending 6 times by credit card;

4. Pufa is exempt from the annual fee in the first year, and the annual fee for the next year is exempted when the credit card consumption reaches 2000 yuan.

Insiders reminded that after receiving the credit card, the public had better send a customer service hotline printed on the card to inquire about the annual fee. Don't ignore it. There are special discounts for individual cards. If you plan to use them, you can know the terms of annual fee exemption. If you don't plan to use the card, you'd better ask the customer service staff to cancel it.