The annual credit card fee is the service fee charged by the bank that used the credit card that year, which can be deducted after swiping the card for a certain number of times. The frequency of annual fee exemption varies from bank to bank, and the standard published by the credit card issuing bank in hand shall prevail.

Generally, the main card 100 yuan is about, and the annual fee is free for swiping the card 3- 10 times. Few banks can charge the annual fee. The bank charges an annual fee to prevent the card from being unusable after processing, and the bank will increase the cost.

At present, most bank cards, including savings cards (debit cards) and credit cards, charge annual fees, and a certain amount of fees are deducted from the corresponding accounts every year, which is called annual fees. Usually, the annual fee of credit cards is high, and different types of credit cards also have different annual fees. You need to check the relevant bank regulations or terms of the agreement.

For some special customers or certain conditions, the bank may also waive the annual fee. The annual fee for ordinary debit cards is generally 10 yuan/year, and some cards, such as salary cards and provident fund accounts, are exempt from annual fees. In addition, there are many joint-stock banks that are free.

References:

Annual fee _ Baidu Encyclopedia