China Everbright Bank and Migushanpao APP have jointly launched an Everbright Migushanpao co-branded card. Friends who like running can apply for it. If the monthly consumption reaches the standard, the running mileage of the month can be exchanged for credit card points. However, as a credit card, the Everbright Migushanpao Co-branded Card will also involve an annual fee. Let’s take a look at the annual fee charging standards and annual fee exemption policy for the Everbright Migushanpao co-branded card.

What is the annual fee for the Everbright Bank Migu Shanpao co-branded credit card? Everbright Bank Migu Shanpao co-branded credit card is a UnionPay single-currency card, available in gold and platinum versions. It focuses on the rights of exchanging Migu sports mileage for credit card points. Cardholders have successfully linked to China Everbright Bank on the Migu Shanpao APP. Migu Shanpao co-branded credit card, and if you use the card to spend more than 88 yuan (inclusive) every month, you can use the mileage of the month to redeem credit card points. In terms of annual fees, the Everbright Bank Migushanpao co-branded credit card has two types: gold card and platinum card. According to the annual fee standards corresponding to the card levels of Everbright credit cards, the annual fee for the gold card is 200 yuan/year; the annual fee for the platinum card was originally 2,000 yuan/year, discount period 1,188 yuan/year. In terms of annual fee reduction and exemption, the Migu Shanpao Card Gold Card does not require an annual fee in the first year of applying for the card, and it will be required in the second year. However, if you make 3 transactions that year or spend more than 2,000 yuan with the card, it can be waived for the following year. The annual fee is waived every year. Of course, if you get a credit card and don't activate it, there will be no annual fee; but the Platinum Card is different. Because it has a rigid annual fee, the annual fee will be deducted directly if the card is approved successfully. The only discount is for new customers' first transactions. A 688 yuan annual fee discount coupon will be given later. The above is the relevant introduction to "What is the annual fee for the Everbright Bank Migushanpao co-branded credit card? Is the annual fee waived?" I hope it will be helpful to everyone. In short, there are two levels of Migu Shanpao Co-branded Card: Gold Card and Platinum Card. The annual fees and annual fee exemption policies for different levels of credit cards are different, so you need to know clearly which level of credit card you want to apply for before applying for the card.