Will the annual fee be deducted if the Minsheng in Gold Card is not activated? Many card friends know that the China Banking Regulatory Commission clearly stipulates that banks are not allowed to activate annual fees for unactivated credit cards. However, some card friends inquired and said that they should apply for it themselves. My Minsheng In Card gold card was not activated but I received an overdue notice from the bank. So, what is going on? The cardholder said that he usually does not use a credit card, but he applied for one to help an acquaintance complete the task of applying for a card. The person who applied for the card made it clear that as long as the card was not opened or activated within 3 months, no fees would be charged. However, after Last week, he received a credit card bill from the bank, asking for a repayment of 300 yuan. This made him feel incredible: Wasn't it promised that no fees would be deducted if it was not activated? As far as we know, the standard card and co-branded card issued by China Minsheng Bank will not incur annual fees if not activated, and will automatically expire after 3 years. If you select the activation-free option when you apply, it will be automatically activated and an annual fee will be incurred. If the cardholder did not activate the card on his own, it does not rule out that telemarketers from the Minsheng Bank Credit Card Center made the cardholder activate the credit card unintentionally over the phone. Under normal circumstances, after a customer has applied for a credit card, if the credit card has not been activated for more than six months, the staff of the telemarketing department will conduct a follow-up call. During the return visit, they will understand the reason why the customer has not activated the credit card, and will ask on the phone whether to activate the credit card immediately. Activate and open a credit card. For this reason, when applying for a credit card, you must understand the terms of the card application. If you do not activate it, you do not need to pay the annual fee and how to waive the annual fee. Carefully fill in the authorization letter authorizing the bank to deduct the annual fee from the credit card account. , don’t blindly apply for a card for reasons such as helping friends. Because once you apply for a card and fail to pay the annual fee on time, the bank will forcefully deduct the relevant fees from the credit card account. If you do not repay on time, in addition to a certain amount of late payment fees, it will also stain your personal credit record. Therefore, if there is no need, it is best not to apply for too many credit cards. If the credit cards you have applied for will not be used for a long time, it is also best to cancel the account early to avoid unnecessary trouble. Minsheng in Card (selected discounts every day; combine permanent points and redeem gift miles)