Each bank has different regulations on waiving credit card annual fees. Under normal circumstances, you can waive the annual fee for that year by brushing it three, five or six times a year. However, banks also have provisions for waiving annual fees, which has nothing to do with the number of card swipes. For example, it stipulates that only when the cumulative consumption exceeds RMB, the annual fee can be reduced or exempted. Generally, only credit cards can enjoy the annual fee-free rule for card swiping. However, premium credit cards such as gold cards, platinum cards, and diamond cards generally cannot have annual fees waived. For example: Everbright Credit Card has no annual fee in the first year, and if you swipe the card three times a year, the annual fee will be waived in the next year; credit cards such as China Construction Bank have an annual fee of 80 yuan, and if you swipe the card three times a year, the annual fee is free. The annual fee for the gold card is 160 yuan. Swipe your card or withdraw cash three times a year (no limit on the amount), and the annual fee for that year will be waived.

1. Free charges for multiple card swipes per year are related to bank regulations. Credit card fees include many types, such as installment fees, annual fees, cash withdrawal fees, interest, etc. Different banks and different levels of credit cards have different requirements for annual fee reductions. Different banks may have different charging standards for installment fees, cash withdrawal fees and interest. Therefore, it is recommended that you confirm by calling the customer service number, consulting at the counter, etc.

2. Credit cards generally incur the following fees: ⑴ For annual fees, banks generally have corresponding exemption policies, such as points redemption, annual fee exemption for the number of card swipes, annual fee exemption for reaching the annual fee exemption amount, etc. ⑵ Handling fees and withdrawal interest. If you need money in a hurry, you can use your credit card to withdraw money at an ATM or over the counter, but you'll be charged a withdrawal fee. Cash advance refers to the cardholder's behavior of withdrawing cash through an overdraft of the credit limit, excluding the withdrawal of self-owned deposits. Cash advances require a certain percentage of service fees to be paid to the bank, and the amount of cash withdrawal cannot enjoy the interest-free repayment period. Interest is calculated from the settlement date to the day before payment, and is charged at a daily interest rate of 0.05%. ⑶Overdue handling fees and interest. If you fail to repay in time during the interest-free period, you will have to pay overdue fees and interest. If you haven't made the minimum payment this month, in addition to your credit history being expired, there will be late fees. The late payment fee is calculated at 5% of the unpaid portion of the minimum payment. ⑷Excessive expenses. For example, if you accidentally overdraw your credit card, the bank will charge an overage fee, but this rarely happens, so don't worry. ⑸The fee for reporting loss and replacing the card is generally no more than 60 yuan. ⑹The handling fee for swiping the card elsewhere. There is a fee for swiping your card elsewhere. In Hong Kong, bank cards with the Visa logo need to pay a handling fee, which is a currency exchange fee. Therefore, if it is a dual-currency card, you must swipe UnionPay abroad without paying a handling fee.