The annual fee refers to the fee paid to the bank during the use of the credit card. Generally, the annual fee for a credit card starts after the cardholder activates the credit card and is charged annually. Each bank has different annual fee policies and charges different amounts.

The annual fees of each bank are slightly different, and the annual fees paid by different card types and card levels of the same bank are also different.

It is best to get the card and call customer service to ask. Some cards are free of annual fees for life, and some cards are free in the first year. In the second year, it can be 3, 6, or 12 times based on your card swiping record in the previous year.

Another situation is to exchange points for annual fees. This is also a special one