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What are the conditions for annual fee reduction of CITIC Tencent King Card Credit Card?

CITIC Tencent King Card Credit Card is the world’s first King Card co-branded card. Its main features are no annual fee and 12 months of free monthly payment for large cards. So how much is the annual fee for CITIC Tencent King Card Credit Card? What is the annual fee policy?

First, what we need to understand is that there are two types of CITIC Tencent King Card credit cards: gold card and platinum card. The former has an annual fee of 200 yuan, and the latter has an annual fee of 480 yuan. Different levels of cards have different annual fee exemption regulations.

What are the conditions for annual fee reduction of CITIC Tencent King Card Credit Card? According to official regulations, the annual fee reduction and exemption regulations are as follows:

1. Gold Card: Spend or withdraw cash once in the month of opening the card (no limit on the amount), the annual fee in the first year is waived, and further cash withdrawals or purchases in the first year are 5 The annual fee for the next year will be waived; the annual fee for the third year will be waived for consumption or cash withdrawal 5 times in the next year, and so on.

2. Platinum Card: The annual fee of RMB 480 is waived in the first year, and the annual fee is waived for the next 12 times of consumption or 12 times, and so on.

In general, the conditions for exempting the annual fee of CITIC Tencent King Card Credit Card are still very simple, especially for the gold card annual fee, there is no limit on the amount, just buy something and pay with the CITIC Tencent King Card Credit Card.