There is an annual fee. According to the inquiry on Tencent’s official website, Tencent Super V Credit Card requires an annual fee. Tencent Super V Credit Card has different annual fee policies in different banks. China Guangfa Bank, China Merchants Bank, and Bank of Communications will waive annual fees in the first year, and you can waive annual fees in the following year if you make 6 transactions. CITIC Bank waives annual fees for the first year, and waives annual fees for the following year if you make 12 card payments per year.