People are often not very clear about the concept of annual credit card fee. I don't know why there are such charging items. Let me introduce it to you.

How much is the annual credit card fee?

The annual fee of credit card can actually be said to be the management fee of credit card. After the cardholder activates the credit card, the bank will deduct a certain fee from the limit on a fixed day.

Credit card annual fee standard

Almost all credit cards issued by banks have annual fees, ranging from 10 yuan to several thousand yuan, depending on the card level. The more advanced the credit card, the higher the annual fee. For example, the annual fee of many platinum cards ranges from 800 yuan to 5,800 yuan.

Credit card annual fee-free policy

In order to encourage consumers to use credit cards, banks will implement an annual fee-free policy according to the level of credit cards. For example, the credit card with the lowest general level can be spent 3 to 6 times a year, and the annual fee for the following year can be exempted.

However, it should be noted that some high-grade credit cards have strict annual fee-free policies. For example, if you have a platinum card, you must swipe it 20 times, and the amount exceeds 80,000 yuan to avoid the annual fee; Platinum cards have an annual fee even if they are consumed, so there is nowhere to hide this fee, so you must be cautious when handling platinum cards.

Credit card deduction time of major banks

1. Industrial and Commercial Bank of China: The number of card swipes will be settled from the card activation date, and will be counted as one year from the corresponding date in the following year. If you don't meet the conditions of annual fee exemption. The annual fee will be charged on this day. ICBC's annual fee deduction will generally be reminded by SMS one month in advance.

2. Bank of China: Like industry and commerce, the number of credit card swipes will be settled from the activation of the card, and will be settled for one year on the corresponding day of the following year. For example, the card will be activated in August 10, and the annual fee will be charged in August 10 next year, and so on.

3. China Construction Bank: It will be charged from the first billing date of the card-holding year.

4. Bank of Communications: The number of card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.

5. China Merchants Bank: The date of issuance shall prevail. For example, the card issuing date is 1 65438+1 October1,and the annual fee is calculated from165438+1October 3/the following year.

6. Guangfa Bank: The number of card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.

7. CITIC Bank: The number of card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.

8. Ping An Bank: The number of card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.

9. Minsheng Bank: The number of credit card swipes shall be settled from the card activation date, and one year shall be counted from the corresponding date of the following year.

10, China everbright bank: the number of card swipes shall be settled from the card activation date, and counted as one year from the corresponding date of the following year.

What does the annual credit card fee mean?

The annual credit card fee can be simply understood as the annual credit card fee. Generally, different cards charge different fees. Every bank is open to the outside world, so you can pay more attention when applying for a credit card, so you can know how much annual fee you want to apply for.

For example, the annual fee of the main card of China Merchants Credit Card is 100 yuan, and the auxiliary card is 50 yuan; The annual fee of the main gold card is 300 yuan, and the annual fee of the supplementary card is 150 yuan; The annual fee of the classic platinum credit card is 3,600 yuan for the main card and 2,000 yuan for the auxiliary card; The applied credit card is generally free of annual fee in the first year, and the annual fee can be reduced or exempted by swiping the card a certain number of times in the second year.

However, many high-end credit cards cannot reduce the annual fee, mainly because high-end cards contain many rights and interests, which can enable cardholders to enjoy better services. For example, many high-end credit cards provide accident insurance, which can protect cardholders from accidental injuries.

The annual credit card fee is not charged according to the natural year, but is generally calculated from the date when the credit card is issued. However, the specific date can be confirmed by calling the customer service hotline of the bank to which the credit card belongs. The customer service staff will tell the exact calculation period, and you can also ask when the annual fee will be deducted. When the annual fee is collected, it will be shown in the bill and you can pay attention to it at any time.

How long will overdue records be eliminated?

1, credit card overdue record

Credit card repayment information is recorded in the central bank's credit information system for 24 months, that is, the personal credit information report can only see the use of credit cards in the past two years.

In other words, after the overdue behavior occurs, the user pays off the arrears in time, continues to use the credit card for 2 years, and maintains a good repayment record during the use. Then two years later, bad records will be covered by good records.

However, if the credit card user cancels the credit card immediately after paying off the overdue payment, the bad record will be kept for a long time.

2. loans overdue Records

According to the Regulation on Credit Management, the bad records in loans overdue will be kept in the credit information system for five years, that is, after the occurrence of loans overdue, it will take five years for the records to be automatically eliminated.

Note that the five-year period mentioned here means that it can be deleted after five years from the date when the user pays off the arrears.

If the borrower fails to repay the arrears, the overdue record will always exist.

What does the annual credit card fee mean?

The annual credit card fee refers to the fee that the cardholder needs to pay to the bank during the use of the credit card. Generally, the annual credit card fee starts after the cardholder activates the credit card and is charged annually. Different levels of credit cards have different standards for charging annual fees; Different card-issuing banks have different annual fees.

In general, the annual fee for Puka is 100- 150 yuan; The annual fee for a gold card is 300-500 yuan, and the annual fee for a platinum card is often above 1000 yuan.

Credit card refers to various media that record the relevant information of the cardholder's account, have the function of bank credit line and overdraft, and provide relevant banking services for the cardholder.

The main features of credit cards:

1. Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.

2. Credit card has both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;

Credit card is a high-tech product integrating financial business and computer technology.

4. Credit cards can reduce the use of cash and currency;

5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;

6. Credit cards can simplify the collection procedures and save social labor;

7. Credit cards can promote commodity sales and social needs.

Main types

According to the different card issuers, it can be divided into bank cards and non-bank cards.

Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.

Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.

According to the different issuing banks, it can be divided into corporate cards and personal cards.

Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

Gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

So much for the introduction of why credit cards are called annual fees.