Under normal circumstances, credit cards are not activated and there is no annual fee. The CBRC stipulates that "before the cardholder activates the credit card, the banking financial institution shall not deduct any fees", except that "the cardholder authorizes the banking financial institution to deduct the fees by means of telephone recording or written electronic signature of the customer service center". At the same time, some high-end credit cards and special cards may charge an annual fee even if they are not activated. Therefore, applicants need to carefully understand the instructions provided by the bank before applying for a credit card.