People are often not very clear about the concept of annual credit card fee. I don't know why there are such charging items. Let me introduce it to you.
How much is the annual credit card fee?
The annual fee of credit card can actually be said to be the management fee of credit card. After the cardholder activates the credit card, the bank will deduct a certain fee from the limit on a fixed day.
Credit card annual fee standard
Almost all credit cards issued by banks have annual fees, ranging from 10 yuan to several thousand yuan, depending on the card level. The more advanced the credit card, the higher the annual fee. For example, the annual fee of many platinum cards ranges from 800 yuan to 5,800 yuan.
Credit card annual fee-free policy
In order to encourage consumers to use credit cards, banks will implement an annual fee-free policy according to the level of credit cards. For example, the credit card with the lowest general level can be spent 3 to 6 times a year, and the annual fee for the following year can be exempted.
However, it should be noted that some high-grade credit cards have strict annual fee-free policies. For example, if you have a platinum card, you must swipe it 20 times, and the amount exceeds 80,000 yuan to avoid the annual fee; Platinum cards have an annual fee even if they are consumed, so there is nowhere to hide this fee, so you must be cautious when handling platinum cards.
Credit card deduction time of major banks
1. Industrial and Commercial Bank of China: The number of card swipes will be settled from the card activation date, and will be counted as one year from the corresponding date in the following year. If you don't meet the conditions of annual fee exemption. The annual fee will be charged on this day. ICBC's annual fee deduction will generally be reminded by SMS one month in advance.
2. Bank of China: Like industry and commerce, the number of credit card swipes will be settled from the activation of the card, and will be settled for one year on the corresponding day of the following year. For example, the card will be activated in August 10, and the annual fee will be collected in August next year 10, and so on.
3. China Construction Bank: It will be charged from the first billing date of the card-holding year.
4. Bank of Communications: The number of card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.
5. China Merchants Bank: The date of issuance shall prevail. For example, the card issuing date is 1 65438+1 October1,and the annual fee is calculated from165438+1October 3/the following year.
6. Guangfa Bank: The number of card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.
7. CITIC Bank: The number of card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.
8. Ping An Bank: The number of card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.
9. Minsheng Bank: The number of credit card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.
10, China everbright bank: the number of card swipes shall be settled from the card activation date, and counted as one year from the corresponding date of the following year.
How much is the annual credit card fee?
Different issuers have different annual fees; The types and grades of credit cards are different, and the annual fee collection standards are also different.
Annual fees for Puka, Gold and Platinum Cards:
In general, the annual fee for Puka is 100- 150 yuan; The annual fee for a gold card is 300-500 yuan, and the annual fee for a platinum card is often above 1000 yuan. The data shows that the average annual fee of ICBC's gold card and ordinary card is the lowest, and the average annual fee is about 100 yuan; The average annual fee of gold card and Puka card of Shanghai Pudong Development Bank is relatively high, which is about 150 yuan higher than that of ICBC. Under normal circumstances, the annual fees for ordinary cards and gold cards of major banks range from tens to hundreds of yuan.
The annual fee of each bank is as follows:
1. Bank of Communications
Dual currency Capka: 140/70 Gold card: 200/ 100.
RMB Capka: 80/40 Gold Card: 120/60.
2. Industrial and Commercial Bank of China
Dual currency Capka: 100/50 gold card: 200/ 10.
RMB Capka: 50/25 Gold Card: 100/50.
Standard credit card Puka Gold Card: 50/25
3. Agricultural Bank
Dual-currency Capka: 100/50 gold card: 200/ 100.
RMB Capka: 80/40 Gold Card: 160/80.
4. China CITIC Bank
Dual currency card gold card: 300/ 150
Rmb Capka: 100/50 gold card: 200/ 100.
5. Ping An Bank
Standard credit card and insurance credit card: 100/50 gold card: 300/ 150
6. Guangfa Bank
RMB card 40/30
Dual currency card 90/45
7. China Merchants Bank
Puka: 100/50 Gold Card: 300/ 150VISAMINI Card: 150/75
8. China Everbright Bank
Puka: 80/40 Gold Card: 200/80
9. Minsheng Bank
Puka: 100/50 Gold Card: 300/ 150 Standard Platinum Card: 600/300
10. China Construction Bank
Puka: 80/40 gold card, silver card: 160/80 standard platinum card: 580/300.
Do I have to pay an annual fee for the credit card?
Credit cards charge an annual fee. Credit cards include ordinary cards, gold cards and platinum cards. Different card grades have different annual fees. Although, as long as the number of swipes or the amount of swipes is reached, the annual fee can be reduced or exempted. However, the annual fee of most platinum cards is rigid, and users cannot reduce it by swiping their cards.
In short, if users don't want to pay the annual credit card fee, it's best to apply for a regular card or a gold card. Although the annual fee of Platinum Card is higher, its rights and interests will be much better than Puka and Gold Card.
The main features of credit cards:
1. Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.
2. Credit card has both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;
Credit card is a high-tech product integrating financial business and computer technology.
4. Credit cards can reduce the use of cash and currency;
5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;
6. Credit cards can simplify the collection procedures and save social labor;
7. Credit cards can promote commodity sales and++social demand.
Main types
According to different card issuers, it can be divided into bank cards and non-bank cards.
Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.
Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.
According to the different issuing banks, it can be divided into corporate cards and personal cards.
Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.
Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.
According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.
Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.
Gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.
This is the end of the introduction to the meaning of annual credit card fee and annual credit card fee. I wonder if you found the information you need from it?