No, according to the inquiry of ICBC official website, as long as the credit card insists on swiping the card more than five times a year, the annual fee for the following year can be exempted, and foreign currency cards can also enjoy this treatment. Overseas card is a credit card used abroad, and it is a full currency card. Foreign consumption, whether in dollars, euros, Japanese yen or Korean won, is accounted for according to the RMB exchange rate, and then all can be repaid in RMB.