Nowadays, most people have at least one credit card, and some users even have as many as six or seven. However, do they really use every credit card? Are you curious, money will be deducted even if the credit card is not used? Is there an annual fee? In fact, it depends on the situation.

Does a credit card have an annual fee?

1 Ordinary credit card

If your credit card is an ordinary credit card, there will be no annual fee if it is not activated. , no money will be deducted, if it has been activated, the annual fee will be charged normally.

2 High-end credit card

If your credit card is a high-end credit card, no matter whether it is activated or not, and whether it is used or not, it will be charged an annual fee and deduct related fees, such as a platinum credit card .

Of course, if your credit card is free of annual fees from the beginning, no money will be deducted whether it is activated or not. For details, it is recommended to consult your credit card issuer for detailed instructions.

In addition, it should be noted that the Banking Regulatory Commission has stipulated that no fees may be deducted from credit cards without activation by the cardholder. It also stipulates that under special circumstances, the cardholder shall notify the cardholder in writing and the customer service telephone number. Exceptions include recordings, electronic signatures, separately authorized deductions in a manner mutually recognized by the cardholder and the card-issuing bank, and the creditor-debt relationship that has been formed when the card is replaced.