What are the credit card fees?

What are the fees for credit cards:

1. The annual fee is one of the basic fees of a credit card. It is a fee charged on an annual basis. The annual credit fee is generally free of annual fee and free of charge when swiping the card. There are annual fees, annual points redemption fees, rigid annual fees, etc. For details, please refer to the article "How much is the annual fee for a credit card? See here!" 》. The amount generally ranges from 0 yuan, 200 yuan, 300 yuan, 500 yuan, 800 yuan, 1,000 yuan, 1,800 yuan, 3,000 yuan, etc.

2. Card swiping fee: According to national regulations, card swiping fee is divided into public welfare category (0 rate), preferential category (0.38 rate), and standard category (0.6 rate). When we use a credit card When spending money at a merchant, depending on the type of merchant, the actual fee received by the merchant is after deducting the consumption fee from the amount we consume. (Handling fee = card amount swiped card rate). If it is normal consumption, we do not need to bear this cost.

3. Installment fee: When we use a credit card to make a purchase, especially after a large amount of consumption, if funds are tight or we receive a call from the bank, informing us that installment can reduce the repayment pressure. And after having the opportunity to increase their quota, some people will choose to make installments. At this time, we need to bear an installment fee.

Many people often apply for emergency loans when they are unable to open their doors. Baidu has money to spend: Du Xiaoman's small credit loan has a maximum limit of 200,000, a maximum loan period of 24 months, and an annual interest rate as low as 7.2. The specific interest rate is shown on the loan page. You can borrow and repay flexibly at any time, apply for the whole process online, and there is no guarantee or mortgage. Submit the application and get the result within a few minutes. Once approved, you can get the money on the same day.

Reference material: Du Xiaoman Youqianhua official website

1. Credit card: Credit card, also called credit card, is a credit card issued by a commercial bank or credit card company to consumers with qualified credit. prove. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

2. Credit card type: bank card. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs. Not a bank card. Such cards can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., and are used for purchasing tickets, meals, accommodation, entertainment, etc.

What are the fees for using a credit card?

What are the fees for using a credit card? Charges for various credit card services generally include: revolving credit interest (expected annualized interest rate is 5/10,000 daily interest), annual fee, late payment fee, loss report fee, emergency replacement card reissue fee, purchase order review fee, Handling fee for reproducing the password letter, handling fee for cash advance (generally 3% of the amount of the cash advance transaction, the standards of different banks vary), handling fee for replacing damaged cards, issuing certificates (deposit, liquidation handling fee, replacement fee) Statement preparation fee, expedited fee for sending the password letter for the first time, express fee for new card/replacement of lost card, overpayment card recovery fee, foreign transaction authorization settlement (settlement of transaction amount), etc.

After the credit card is activated, you have to pay an annual fee ranging from several hundred yuan. Each bank has some activities that waive the annual fee, such as swiping the card a few times or swiping a certain amount to waive the annual fee.

If you are unable to repay the amount you owe after the interest-free repayment period, you will have to pay interest at a daily interest rate of 0.5%, which is equivalent to an annual interest rate of 18%, and you will pay the interest in full. Ten thousand yuan was paid back to eight thousand yuan, but the interest was calculated as ten thousand yuan.

If your repayment amount is lower than the minimum repayment amount when it is due, you will have to pay a late payment fee, which is usually 5% of the unpaid portion of the minimum repayment amount. If you spend more than your credit limit, you will have to pay an over-limit fee to the bank.

Instalment payments also require a certain percentage of handling fees, cash withdrawals are subject to fees, and reporting the loss of a credit card also requires a handling fee ranging from dozens of yuan.

Bank of China Credit Card Fees

The annual fee charging standards for Bank of China Credit Cards are as follows:

(1) Bank of China/Great Wall Global Pass Series Products: -Personal Card: General Card: up to RMB 100/card; theme card: up to RMB 280/card; gold/titanium card: up to RMB 300/card;

(2) Platinum card: up to RMB 800 /card;

(3) High-end card: up to RMB 8,800 per card;

(4) Business card/institution card: up to RMB 360 per card;

Among them, annual fees for credit cards such as wages, pensions, subsistence allowances, medical insurance, unemployment insurance, and housing provident funds are waived; annual fees for credit cards such as official cards for central and local budget units are waived.

You can make inquiries through the official website of Bank of China ()--Bank Card--Service Guide--Card Application Guide--Bank of China Credit Card Service Fee Price List.

The above content is for your reference, please refer to actual business regulations.

If you have any questions, please feel free to consult Bank of China’s online customer service.

You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GOAPP to handle related businesses.

That’s it for the introduction of credit card usage fees.