Credit cards are an important way of our daily consumption, but when credit cards are not used, many people find that they still need to repay, so why should credit cards be repaid when they are useless?

the credit card is useless. why should I repay it?

the reason why the credit card is useless is that after the credit card is activated, the bank will charge a certain annual fee or a rigid fee for the platinum card. Therefore, there is a record of arrears on the credit card.

usually, banks will have some annual fee-free policies, such as the number of consumption, or the annual fee can be exempted after the consumption amount reaches the standard. If you want to know the specific policies, you need to consult the issuing bank. In addition, some high-end credit card annual fees are rigid and there is no way to avoid them.

after activation, most credit cards must be spent at least five times a year before they can be exempted from the annual fee. Of course, if the credit card has not been activated, there is no need to pay the annual fee, so there is no need to repay the card if it is not used.

Exemption method of annual credit card fee:

1. Exemption of annual credit card fee for the first year. Some banks do not have this policy, such as CITIC Bank;

2. When you apply for a credit card, you will be exempted from the annual fee in the following year. For example, China Construction Bank, when handling credit cards, stipulates that as long as the credit card is spent for three times, the annual fee will be exempted in the following year;

3. According to the regulations of the bank, cardholders are exempt from the annual fee as long as they have valid credit card swipes (most banks stipulate that the number of swipes is 6) or enough consumption, and cardholders can avoid the annual fee if they choose credit card consumption as much as possible when making transaction payment.

Generally, the annual fee for the first year is directly waived, such as Puka and Gold Card, and the annual fee for the next year can be waived as long as the cardholder swipes the card for a certain number of times within one year. As for high-end credit cards such as platinum cards, the annual fee is relatively high, and it is difficult to reduce it. For example, there are some rigid annual fees that cannot be exempted; And some can be redeemed with points.