Cardholders generally believe that credit card agents are exempt from annual fees in the first year, but not all cards are exempt from annual fees in the second year when their credit cards reach a certain standard. For example, ICBC's credit card does not charge an annual fee in the first year, but it needs to be swiped five times or spend more than 5,000 yuan to avoid the annual fee for that year; According to the regulations of China CITIC Bank, the annual fee for the first year can only be waived if you swipe your card once in the first month after issuing the card.

In the annual fee-free rules of the following year, some banks, such as China Construction Bank and China Everbright Bank, stipulate that you can swipe your card for more than three times. Some banks require more credit cards. For example, an SDB credit card needs 18 times to be exempted from the annual fee for the following year. Most banks, such as ICBC, Agricultural Bank, Bank of China, Bank of Communications, China Merchants Bank, etc. Free of 5-6 annual fees.

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Don't let idle credit cards affect your credit history.

Many credit card users have encountered an embarrassing problem, that is, without knowing it, idle credit cards have caused a lot of debts and left a bad record in the bank credit information system, which made it impossible to continue to apply for cards and to borrow money to buy a house. In response to this phenomenon, industry insiders said that consumers should improve their awareness of self-protection, keep abreast of repayment information and credit status, and avoid unnecessary troubles.

Ms. Sun, who lives in Fengtai District, Beijing, is worrying about an idle credit card. Ms. Sun said that from 2065438 to June 2002, her bank credit card owed a total of 1 13.8 yuan, which was caused by annual fees, late fees and rolling interest, not consumption.

However, due to arrears, she left seven bad records in the central bank's credit information system, which made Ms. Sun unable to borrow money to buy a house. "The customer service said that it was necessary to go to the account opening place to cancel the account and prove the arrears. But the hukou was opened in Guangzhou, and I am working in Beijing now. How can I have time to go back and forth? " Ms. Sun said anxiously.

The person in charge of the credit card department of a bank in Beijing told the Economic Daily reporter that after the customer handles the credit card, the bank is obliged to inform the customer of all the expenses and transactions generated by the credit card account. "Generally speaking, due to the phenomenon of not paying the annual fee in time, most commercial banks can understand customers and deal with them flexibly, that is, coordinate to eliminate this bad credit record when customers pay off their debts. Most of this practice can be done by telephone. " The person in charge said.

It is not only the bank's responsibility, but also the consumer's own problem that the credit card can't be loaned because of unintentional arrears. As a credit card user, customers should always know their accounts. "If you haven't received the bank reconciliation information for a long time, you should take the initiative to inquire." The person in charge said that customers should not ignore credit cards, and they should not ignore a deduction because they don't understand or disagree, which will lead to an increase in expenses and even affect personal credit records.

Baidu Encyclopedia-Credit Card Annual Fee Rules

People's Network-Don't let idle credit cards affect credit records.