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Is there an annual fee for UnionPay exclusive consumption installment credit card?

Yes. China Merchants Bank's exclusive consumption installment credit card has an annual fee, which can be waived by swiping the card for consumption. Exclusive consumption installment credit card refers to a special installment card issued after the cardholder puts forward consumption needs to the bank and is approved by the bank. Cardholders can apply for the installment card through self-service channels such as the official bank credit card client and credit card customer service hotline. Specifically, The application channels and application procedures are subject to actual conditions.