The annual fee is calculated from the card issuance date (the validity period under the credit card number, the previous date is the issuance date), not the calendar year. If you successfully apply for a China Merchants Bank credit card (except for some cards), the first-year annual fee will be waived by advance payment with the China Merchants Bank credit card. Within a full year of the card's validity (from the date of card issuance, not a natural year), a single card consumption of 6 times ( The amount and form are not limited), the annual fee of the card for the next year can be reduced. And until the new annual fee discount policy changes are notified, this discount will be valid for a long time.