If you have a credit card with a limit of 3,000 and don’t spend any money, there will be no interest. Generally, there is no fee for opening a card. After opening the card, you need to swipe the card a number of times each year (each bank is different, usually 6 times). If you fail to swipe the card, you will have to pay an annual fee. Annual fees will not be recorded as overdue.

Serious consequences of overdue credit cards:

1. Overdue interest and late payment fees;

2. Bad credit record;

3. The bank will demand collection and may face criminal issues.

Bank credit card annual fee exemption policy:

1. The bank’s annual fee charging standard is to collect after use, that is, the annual fee will not be charged until one year after the account has been opened. In this year Here, as long as you make 6 transactions or 5,000 yuan (3 transactions or 3,000 for student card, 160,000 points for annual fee or 200,000 for free annual fee for platinum card), the annual fee for that year will be waived.

2. Permanent annual fee exemption policy for bank credit cards:

1. Platinum card holders who have accumulated a consumption of 4 million yuan can be permanently exempted from annual fees for their primary and secondary cards. offers.

2. For personal card holders of gold cards and ordinary cards, if they have no bad credit records and have continuously held various Bank of Communications credit cards for more than 10 years (including 10 years) since the date of implementation of these measures, year), the cardholder can be given a permanent annual fee exemption for the primary and secondary cards in one account.