In addition, if the bank credit card expires, if it is renewed, if a new card is not opened, an annual fee will be charged. The first year refers to the month after the new application card is issued (not a natural year, you can have a look. There are two differences between the new card and the old card. One is that the front is valid, and the other is that the last three digits of the verification code on the back are different, indicating that it is an expired renewal card), so there will be an annual fee if it is not opened normally, and a late fee if it is not opened. But don't worry, the annual fee of the card is actually a means to urge cardholders to spend. Even if it is generated, the annual fee can be reduced or exempted by banks. But if it is overdue, it will be more troublesome. I suggest you cancel your card if you don't use it, or be sure to know when your card is. Use it before, so as not to have a bad influence on personal reputation.
Even if there is no annual fee for credit cards, handling multiple credit cards will be recorded in the cardholder's personal credit information system. Under this premise, if the cardholder wants to apply for a new credit card or loan in the future, it may be affected. Banks will consider that cardholders have integrity or do not need to open multiple credit cards, otherwise the success rate of credit card loan approval will be reduced. Reminder: Don't blindly apply for a card for small gifts or because you can't stand the sales promotion of bank salesmen. You should handle the card according to your own needs. Choose the right credit card products, and you can enjoy the convenience and discount brought by credit card when you open the card.