No matter what kind of credit card has an annual fee, the annual fee of each bank credit card is different. In general, the annual credit card fee is calculated according to the whole year. For example, if your credit card is processed in July, then your annual fee will be calculated from July every year.

However, in order to attract users to apply for credit cards, some banks generally stipulate that the annual fee is free in the first year, and users spend three or five times in the same year, and the annual fee is free in the next year. .

However, the year in the credit card annual fee-free policy is not actually calculated according to the natural year, but users only need to brush up the number of transactions within one year from the date of credit card issuance, so cardholders don't have to worry that the annual fee will be deducted before the end of last year. That is, one year from the date when the system issues the credit card.

Credit card annual fee rules refer to some corresponding provisions of credit card annual fee. Before the cardholder activates the credit card, the bank shall not charge an annual fee. But most people know little about the annual fee rules of credit cards in different banks. The annual fee of credit card is mostly around 100 yuan, and some banks stipulate that the annual fee can be waived by swiping it three times a year.

Free annual fee rule

Of course, it is not cost-effective to apply for a card without paying, and you have to pay an annual fee. However, different banks have different annual fee-free rules, which makes it easy for cardholders to inadvertently generate annual fees.

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 stipulate that they can be free as long as they swipe their cards for more than three times, such as China Construction Bank [6.203.85%] and China Everbright Bank; 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.

Silver rate network financial planner pointed out that because the annual fee is not the main source of income for domestic credit card issuers, banks generally stipulate that the annual fee will be exempted only after a certain number of swipes, and there is no limit on the amount. However, banks that limit consumption quotas are not without them. As stipulated by Shanghai Pudong Development Bank, the annual fee for the following year can be exempted if the consumption reaches 2000 yuan or above.

In addition, it is particularly noteworthy that the annual fee-free rules of banks are not immutable. The staff of the Credit Card Center of Bank of Communications [8.794.27%] told the reporter that the annual credit card fee is based on the collection time of the annual fee in the first year, and it is pushed back by 12 months, which is the collection time of the annual fee in the second year. Generally, the annual fee-free rules of Bank of Communications credit cards will be notified to cardholders by SMS at the end of the year or the beginning of the following year, and cardholders need to pay attention to whether the annual fee-free rules have changed.

● Tips: Generally speaking, ordinary credit cards can enjoy the annual fee-free rule, while the annual fees of gold cards, platinum cards and diamond cards are usually unavoidable.

Lifetime annual fee-free credit card

The annual fee for credit cards is really fascinating. Is there no free lunch?

In fact, there is no life-long annual fee-free credit card. For example, the credit card issued by the Postal Savings Bank, whether it is the main card or the supplementary card, does not need to worry about the annual fee.

There are also free lunches in Shanghai Bank's credit cards, such as Xingyun Card, Hong Kong Travel Card and Global Card, all of which are free of annual fees for life. However, the outlets of Shanghai Bank only cover the Shanghai area, and it is more difficult to handle them in other areas.

There are also many credit cards in other banks that are free of annual fees for life. Because there are too many types of credit cards, you need to look carefully if you want to handle them. For example, China Southern Airlines Pearl Credit Card Extraordinary Edition and QQ Car Card of Guangfa Bank, McDull Credit Card and 60th Anniversary Credit Card of Shanghai Pudong Development Bank, Jinsui Ruyi Credit Card of Agricultural Bank, and AIDA Credit Card of Bank of Beijing [18.825.67%] can all enjoy the provision of free annual fee for life.

In addition, the reporter noted that since June 65438+July 2003, various banks have issued a large number of official credit cards to enterprises and institutions, and all of them have the provision of life-long annual fee exemption. Business credit card is a credit card held by employees in budget units, which can be used for daily business expenses and financial reimbursement, personal consumption and cash withdrawal, and can enjoy various discounts on credit card consumption.

● Tips: Free annual fee for life is not the life of the cardholder, but the "life" of the card, that is, the validity period of the credit card, which is generally three to five years.

How to pay the annual credit card fee?

Usually, the annual fee of credit card is charged according to the time when the user opens the card. For example, after the card is activated in June 5438+ 10 this year, the annual fee will be charged in June 5438+ 10 every year. At the time of collection, the bank will deduct it from the user's credit line and put it in the user's bill. Users only need to pay off the bill on the repayment date, which is very convenient to operate.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).

Compared with ordinary bank savings cards, the most convenient way to use credit cards is for ordinary consumption, and there is no cash in the cards. In many cases, it is enough to return the consumption amount on time.

You can spend without deposit overdraft, and enjoy an interest-free period of 20-56 days to repay on time without any charge (most banks will charge 0.5% interest on the day of cash withdrawal, and there will be a 2% handling fee, but ICBC will only charge interest).

It is not only safe and convenient to swipe your card when shopping, but also a bonus gift.

Special merchants who hold cards in banks can enjoy preferential treatment.

Accumulate personal credit, add credit records to credit files, and benefit for life.

Access to the whole country is barrier-free, and you can withdraw money or spend money by credit card on ATM and POS machines with UnionPay logo; (Note: Credit cards are only suitable for credit card spending. It is best not to withdraw cash, which is expensive and uneconomical. )

Credit card spending, some credit cards get existing points, and various discounts and lottery activities throughout the year, so that you can always have surprises as long as you use the card; (Most credit cards have no points for online payment, but online payment is very convenient and fast. )

Mail the statement free of charge every month, so that you can grasp every consumption expenditure transparently; (Now advocating environmental protection, you can cancel the paper statement and change it into an electronic statement. )

Unique supplementary card function, suitable for husband and wife to jointly manage money or master children's financial expenses.

The free choice of one card and two currencies is popular all over the world, and consumption abroad can repay in RMB.

400 telephone or 5-digit short number prefixed with "9" provides 24-hour service, and the report of loss takes effect immediately, with zero risk of card loss.

Validity period: It is known that the validity period of domestic credit cards is generally three to five years.

Use the third-party platform (the domestic platform supporting credit card bill management is mainly Jujindou) to conduct business cooperation and provide preferential services for cardholders.

How to deduct a credit card for free?

Credit cards need to be swiped for free. At present, ordinary credit cards and gold cards are not free in the first year. Some banks swipe it three times, some swipe it six times to avoid the annual fee for the following year, and then swipe it again, but CITIC's I Platinum Card is free only after 12 swipes.

Free credit card generally means that the user is exempt from annual fee within the validity period after handling this credit card. Credit cards issued by different banks have different validity periods, generally ranging from 3 to 5 years. Users should pay attention to the annual fee collection of credit cards when handling credit cards. In addition to the annual fee for high-end cards, ordinary credit card users can also reduce the number of swipes.

Credit cards must be repaid on time after daily use, and there can be no overdue repayment, because overdue repayment will generate penalty interest, and the bank will collect it after overdue repayment. If the amount is large and overdue for a long time, the bank can detain the cardholder and must return it after the judgment.

If the user can't repay on time after using the credit card, then you can consider using installment repayment or minimum repayment amount to avoid overdue repayment. Generally, the number of installments is selected according to one's own income, so as to ensure timely repayment in the future. Individuals can pay back in advance if they have money in the later period.

The overdue repayment of the user's credit card will be uploaded to the credit information, and the personal credit information will affect the handling of various loans after it becomes worse. Moreover, after the arrears are returned, they will remain in the credit information for 5 years and disappear automatically after 5 years. If not, it will always be recorded in the credit report.

The credit card free repayment amount refers to the credit card free repayment amount provided by Alipay for users. Alipay provides users with a free quota of 2000 yuan per month. That is, it is free within 2000 yuan, but the part exceeding 2000 yuan will be charged the corresponding service fee at 0. 1%.

The annual credit card fee must be paid. If you don't pay the annual fee, it will be overdue, which will lead to overdue interest and affect personal credit information. Under normal circumstances, many banks stipulate that credit cards can be used for a certain number of times each year, and the annual fee for the following year can be exempted. The annual credit card fee refers to the annual usage fee charged by the credit card, which is included in the cardholder's credit card bill. Before the repayment date, the cardholder shall repay the annual fee together with other arrears paid in the current month.

So much for the introduction on how to deduct the annual credit card fee.