1. Can the credit card be exempted from the annual fee?
College students' college student cards are free for life. Most ordinary cards and gold cards are free of annual fees in the first year of card opening. After that, if the number of swipes meets the requirements of the bank, the annual fee for the next year can be exempted. Because customers who can apply for platinum cards are generally financially strong, considering that people are not short of this little money, it is inevitable to pay an annual fee. The collection time of the annual credit card fee is: the annual credit card fee is free in the first year, assuming that the card is opened in March and the annual credit card fee will be collected in March next year.
2. Is the annual credit card fee the only fee?
In fact, many credit cards have annual fees, similar to service fees. In other words, even if you don't use this credit card, you must pay an annual fee. This also makes many people ignore it, and finally leads to a lot of unnecessary trouble. It is true that credit cards are interest-free, but this does not sum up everything. In fact, many credit cards still generate some interest. Now you have to pay a certain handling fee to withdraw cash by credit card. If you want to reissue your credit card, many banks need to pay a 50-60 yuan loss reporting fee, but in fact, this money is unnecessary. That is, apply for cancellation of the card, and then apply again. However, when using this method, you must make these preparations and don't forget to ask for the previous arrears. Another point is that when you apply for the same type of credit card, you will be hindered and you can only apply for other types.
The annual credit card fee refers to the fee that the cardholder needs to pay to the bank in the process of using the credit card. Generally speaking, the annual credit card fee is charged annually after the cardholder activates the credit card. The annual fee policy of each bank is different, and the amount charged is also different.