Beware of "disguised" annual fees charging

"Disguised" charges are also common, such as "entry fees", "cost of production", membership fees, etc.

Bargain on annual fees

Free annual fees for swiping cards is the bank’s purpose to encourage cardholders to spend by swiping their cards. If the cardholder does not meet the annual fee exemption standard, most banks will waive the annual fee for some customers to retain customers, some through supplementary payment, and some unconditionally!

High-end cards usually do not Free

Most platinum cards or higher are not exempt from annual fees. For example, annual fees for top-tier cards, American Express black cards, etc. (such customers are generally not short of money).

Reminder: For credit card holders, there is no need to apply for supplementary cards as much as possible, because supplementary cards will charge annual fees. Although they are cheaper than the main card, it is better to avoid them