Because credit cards will generate certain expenses in the process of production, promotion and operation, it is necessary to charge an annual fee. In the actual use process, most banks will reduce the annual fee of customers by carrying out simple credit card consumption tasks.

If the annual fee is deducted from the credit card, it is mainly because the credit card has not been swiped this year. Generally, you don't need an annual fee after you swipe your credit card.

Most ordinary cards or gold cards on the market can be refunded, so we are exempt from paying the annual fee. However, there will always be special circumstances.

Most credit cards do not charge an annual fee if they are not activated, and a few special cards will also charge an annual fee if they are not activated. The bank that handles the card will give a special reminder when handling it. At the same time, the credit card annual fee policy is divided into the following categories:

First, there is no annual fee within the validity period.

Second, through a certain number of transactions, the annual fee is exempted, and the number of transactions set by each bank is different. If the card is not used for one year, an annual fee will be charged. Third, you will be charged an inevitable annual fee, also called a rigid annual fee. It doesn't matter whether you use it or not. If the annual fee is about to be deducted, it means that your card has been activated and may not meet the number of transactions. It is recommended to finish it as soon as possible.

China Merchants Bank's credit card is free of annual fee in the first year, and the annual fee for the next year can be automatically reduced if a single card is consumed six times at will, and so on. Annual fee standard: gold card: 300 yuan/year, supplementary card: 150 yuan/year; Puka: 100 yuan/year, supplementary card: 50 yuan/year. The amount and form of consumption are not limited, except for high-end cards, business cards and personal credit cards.

Tips:

1, different types of credit cards each need to spend 6;

2. If the annual fee has been generated and further consultation is needed, you can call the credit card customer service hotline of China Merchants Bank.

It depends on what kind of credit card you handle. Take CCB credit card as an example. If it is a standard gold card, the annual fee is 160 yuan/card/year. You only need to use the card three times a year, so you can avoid the annual fee of that year. If it is an ordinary standard platinum credit card, the annual fee is 580 yuan/card/year. You only need to use the 10 card in any amount and place in each card year, and you can be exempted from the annual fee for that year. Of course, except for special card types, such as car cards, which have exclusive rights (preferential car wash once a week, integral oil change) and so on. , so a rigid annual fee is charged, 200 yuan/year.

Why is there an annual fee for credit cards?

Banks issue credit cards only to make money, to be precise, to make money without risk.

When banks issue credit cards, they actually lend money. Lending is not as simple as absorbing reserves, and banks must consider the risk of funds.

In order to control the risk of funds, banks have established a set of credit system as an important basis for enterprises and individuals to lend.

With the credit mechanism, but without the credit records of customers, banks still have no way to judge the Excellence of customers.

In order to establish a perfect credit system, banks must introduce a simple and easy way for all customers to borrow, so credit cards appeared.

Because credit cards have the following characteristics:

1, credit card review, business card printing and issuance are all streamlined, and the issuance cost is very low compared with other loans.

2. Credit card has the widest coverage among all loan methods of banks.

The credit card bill is issued once a month, and the customer must repay it every month, which is the fastest way to withdraw funds.

Credit card is the most profitable of all bank loans.

Credit card is the least risky way to borrow.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).

On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.

Credit card is a non-cash transaction payment method and a simple credit service. Credit cards are generally plastic cards with a length of 85.60 mm, a width of 53.98 mm and a thickness of 65,438+0 mm, which are issued to cardholders by banks or credit card companies according to users' credit and financial resources. Cardholders do not need to pay cash when using credit cards, and make repayment on the checkout date.

Except for some credit cards combined with financial cards, credit cards are different from debit cards and ATM cards, and credit cards will not directly deduct money from users' accounts.

Credit card is a special carrier card with consumer credit issued by commercial banks to individuals and units. It is a card with the name of the issuer, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature on the back.

A real credit card has the following characteristics: cash is not allowed to be pre-deposited, it is paid after consumption, it enjoys an interest-free repayment period, and it can be repaid in installments (with a minimum repayment amount). Joining international credit card organizations such as VISA and MASTER can be used worldwide.

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.

Credit cards have never been swiped. Why do I need to pay an annual fee?

There is an annual fee. According to Article 49 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, the issuing bank shall establish operating procedures for credit card activation and check the identity information of credit card holders before activation.

A credit card whose applicant has not signed a contract (agreement) and whose identity has not been confirmed by the activation procedure shall not be activated. The new card, lost card, damaged card and expired card must be activated before the cardholder can use it.

The credit card is not activated by the cardholder, and no fees may be charged. Under special circumstances, except for the cardholder's written charge, customer service telephone recording, electronic signature and the way recognized by both the cardholder and the issuing bank, the creditor-debtor relationship formed when changing the card.

Without the activation and use of the cardholder, the credit card shall not issue any gifts or gift certificates. In other words, once activated, there is an annual fee.

Most credit cards do not charge an annual fee if they are not activated, and a few special cards will also charge an annual fee if they are not activated. The bank that handles the card will give a special reminder when handling it.

After the card is activated, there may be an annual fee if it is not applicable for a long time. I suggest you contact the bank to confirm whether there are any remedial measures.

It depends on what kind of credit card you have. Generally, there is no annual fee if the credit card is not activated. The annual fee for the UnionPay version of Longka Family Credit Card is 580 yuan/card/year, and the annual fee for the supplementary card is 300 yuan/card/year. There is no annual fee for swiping a card. Whether the card is activated or not, China Construction Bank has the right to charge an annual fee.

In fact, the regulations of each bank are different. I suggest you call the customer service phone of the bank to find out clearly when you apply for a credit card. Don't be misled by the credit card business representative, causing your own financial losses and affecting your credit history. Long-term unused credit cards must be cancelled in time. Credit card activation means that after receiving the credit card from the bank, the customer calls the bank to activate the credit card. A related person of CITIC Bank said: "The so-called activation is only a security measure to prevent theft, and it is not necessarily related to charging." Every credit card has a production cost. From the moment the bid is successful, the credit card account has been generated, and the bank has to pay the costs of data processing and information maintenance. These costs do not exist because they are not open. Therefore, it is "beyond cost" for banks to charge annual credit card fees.

Agricultural Bank, Industrial Bank, Minsheng Bank, Guangfa Bank, at present, credit cards are not activated, and no annual fees are charged for the time being.

Banks such as ICBC, Bank of Communications, China Merchants Bank, Shanghai Pudong Development Bank and Shenzhen Development Bank will also charge annual fees if their credit cards are not activated. Among them, Bank of Communications and Shenzhen Development Bank are exempt from annual fees for the first year. There are also Olympic cards of China Bank and Longka of China Construction Bank. This also requires paying an annual fee on the premise that the credit card is not activated.

Nowadays, in order to cope with the increasingly fierce competition, the banking industry has launched many preferential activities, such as free annual fee for credit cards in the first year, free annual fee for the following year for five swipes in the first year, free telephone charges for each swipe, and free subway cards for each swipe. I suggest that you don't be tempted by gifts, and read the credit card application terms carefully to avoid regret. Some gifts can't be closed for several months, otherwise they will be returned or deducted the same amount. Once the annual fee is in arrears, personal credit will have a bad record, which will directly affect the approval of future home purchase loans and car purchase loans. For those who have already incurred the annual fee, I suggest you pay it off. For those who have just applied and never used it, you can swipe your card for a specified number of times, and then cancel the account without annual fee.

The introduction of why credit cards need annual fees and why CCB credit cards need annual fees ends here. I wonder if you have found the information you need?