When users who hold Industrial Bank Platinum Cards find that the annual fee of 900 yuan has become a considerable expense, they may feel helpless. Although some platinum cards enjoy annual fee discounts in the first year, once the annual fee has been charged, it cannot be refunded. For users who want to waive the annual fee, Industrial Bank provides points and consumption amount as conditions. A standard platinum credit card needs to accumulate 150,000 points to offset this fee, or to spend 50,000 yuan in installments within one year of being approved for the card, or to reach 30,000 points when the annual fee is charged the following year. It is worth noting that Industrial Bank’s credit card annual fee exemption policy is based on accounts. The main card and supplementary card enjoy the same account’s annual fee exemption. This means that as long as the account has 5 credit card swiping or cash withdrawal records within a year, regardless of the amount, the main card and supplementary card can enjoy annual fee exemption in the following year.

However, for Industrial Bank’s platinum credit cards (such as the Youka series and standard platinum cards), the annual fee reduction policy is different. Youka series can use 450,000 points to exchange for a year's annual fee, while the standard platinum card requires 1.3 million points. Therefore, points redemption is the primary way to avoid annual fees if you hold these specific types of Platinum cards. When considering annual fees, making sure you understand your card type and the corresponding points requirements is key.