Is there an annual fee for Guangfa Credit Card?

Guangfa Bank Credit Card requires an annual fee.

However, China Guangfa Bank’s credit card has an annual fee-free policy. Generally, cardholders can unconditionally waive the annual fee in the first year of opening the card. In the second year, cardholders only need to swipe the card for 6 purchases. You can reduce the annual fee for the following year.

Furthermore, the Guangfa Bank Credit Card will not charge an annual fee when the card is not activated. The annual fee will only start to be charged after the cardholder successfully activates the credit card.

The annual fee charging standards for Guangfa Bank credit cards are as follows:

1. The annual fee for the main card of Guangfa Bank’s RMB card is RMB 40 per year, and the annual fee for the supplementary card is RMB 30 /year;

2. The annual fee for the main card of China Guangfa Bank Credit Card RMB Card Gold Card is RMB 80 per year, and the annual fee for the supplementary card is RMB 48 per year.

3. The annual fee for Guangfa Bank Credit Card RMB Card Standard Platinum Card is RMB 2,500/year for the main card and RMB 1,500/year for the supplementary card.

Guangfa Bank Credit Card is the first standard credit card in China. The card has a preset credit limit in accordance with international standards. Spend first and repay later. No pre-deposit is required. You can use the credit limit for overdraft consumption and cash withdrawal transactions. The first is the standard card, which is intended for use by the general public and has no specific directivity. The True Love Card and Pearl Card are high-end credit cards specially established to target women in the new era. These credit cards will receive certain discounts when purchasing some consumer goods for women. The car owner card is for private car owners, who will enjoy more discounts in terms of refueling, car maintenance, etc. At the same time, China Guangfa Bank Credit Card has issued a commercial card, which is widely used in some large consumer places, hotels, etc. It can be applied, and you will enjoy certain discounts on some hotel services and reservation services.

The interest-free period for overdraft consumption can last up to 50 days. As long as you repay in full before the repayment due date specified by the bank, you can enjoy the interest-free period from the date of transaction to the date of repayment. Interest-free treatment until the maturity date. The repayment method is flexible, you can pay it off in full or choose the minimum repayment amount.

Types of Guangfa Bank credit cards:

1. Guangfa Zhihui Credit Card: a credit card that allows overdraft and cash withdrawal, and is a credit card launched for urban white-collar workers.

2. GF Duolijin Credit Card: There are various discounts and rights for eating, drinking and playing, including cash rebates from Didi, Meituan, Starbucks, WeChat and Alipay.

3. Guangfa Taobao Credit Card: a credit card launched by China Guangfa Bank for young people.

4. GF Zhenshang Platinum Credit Card: a credit card specially designed for customers who pursue a higher quality of life.

5. Guangfa Car Owners Credit Card: Up to 36% cash back on refueling or 20% off on highway tolls.

6. GF iQiyi Credit Card: Free iQiyi gold VIP members every month.

7. Guangfa Lucky Day Exclusive Gold Card: 500,000 yuan in accident insurance will be given upon activation.

8. GF Zhenqing Credit Card: a credit card launched for women.

9. GF Didi co-branded card: 30 taxi coupons will be given every year.

Does Guangfa Bank Credit Card have an annual fee?

Guangfa Bank Credit Card has an annual fee. The annual fee calculation cycle for Guangfa Bank's credit cards is calculated from the day the new card is activated. If the conditions for annual fee exemption are not met, the system will deduct the annual fee on that day of the next year.

Guangfa Bank credit card annual fee standard:

1. Ordinary card: 40 yuan for main card, 30 yuan for supplementary card;

2. Gold card: main card 80 yuan, supplementary card 48 yuan;

3. Titanium Card: 480 yuan for the main card, 240 yuan for the supplementary card;

4. Premium Platinum Card: 480 yuan for the main card, Supplementary card 240 yuan;

5. Standard Platinum Card: 2,500 yuan for the main card, 1,500 yuan for the supplementary card;

6. Infinite Card/World Card: 12,000 yuan for the main card, 1,500 yuan for the supplementary card 5,000 yuan.

The full name of China Guangfa Bank is China Guangfa Bank Co., Ltd. It is one of the earliest joint-stock commercial banks in China. It was established on the banks of the Pearl River in 1988 and is now headquartered in Guangzhou, Guangdong Province, China.

On April 8, 2011, the original name "Guangdong Development Bank Co., Ltd." was officially changed to "Guangfa Bank". Mainly engaged in comprehensive financial services business, later "China Life" bought a large number of shares in China Guangfa Bank and became the largest shareholder.

The business scope of China Guangfa Bank is all banking businesses stipulated in the "Commercial Bank Law", which mainly includes: absorbing public deposits, issuing short-term, medium-term and long-term loans; handling settlements; handling bill discounts; and issuing financial bonds; Agency for issuance, redemption, and underwriting of government bonds; buying and selling of government bonds; engaging in inter-bank lending; providing letter of credit services and guarantees; agency for collection and payment and insurance agency business; provision of safe deposit box services; foreign exchange deposits; foreign exchange loans; foreign exchange remittances; foreign currency exchange; International settlement; settlement and sale of foreign exchange; inter-bank foreign exchange lending; acceptance and discounting of foreign exchange bills; foreign exchange borrowings; foreign exchange guarantees; issuance of foreign exchange credit cards; buying and selling and agency sales of foreign currency securities other than stocks; issuance and agency issuance of foreign currencies other than stocks Negotiable securities; self-operated and client-operated foreign exchange trading; agency for foreign credit card issuance and payment services; offshore financial services; credit investigation, consulting, and witness services.

Other businesses approved by the People's Bank of China and the China Banking Regulatory Authority.

Guangfa Bank credit card annual fee and annual fee exemption policy

Guangfa Bank credit cards are divided into regular cards, gold cards, and platinum cards. The annual fee standards for each credit card are different. As long as they meet Annual fee exemption policy, the annual fee will be waived for the next year. The specific fee standards are as follows:

Applying for a card

Applying for a Guangfa Credit Card 5 times points + 1% cash back

1. GF RMB annual fee:

General card: The annual fee for the main card is RMB 40/year, and the annual fee for the supplementary card is RMB 30/year.

Gold Card: The annual fee for the main card is RMB 80/year, and the annual fee for the supplementary card is RMB 48/year.

2. Annual fee for GF USD Card:

General card: The annual fee for the main card is US$15/year, and the annual fee for the supplementary card is US$12/year.

Gold Card: The annual fee for the main card is US$30/year, and the annual fee for the supplementary card is US$18/year.

3. Annual fee for GF Dual Currency Card:

General card: The annual fee for the main card is RMB 90/year, and the annual fee for the supplementary card is RMB 45/year.

Gold Card: The annual fee for the main card is RMB 260/year, and the annual fee for the supplementary card is RMB 130/year.

There is no annual fee for Guangfa Credit Card without opening the card, and the number of purchases is calculated when paying online.

Whether Guangfa Credit Card is a gold card or a regular card, the annual fee exemption rules are the same: the annual fee is waived in the first year, and the annual fee is waived for the next year by swiping the card six times.

This concludes the introduction to Guangfa Bank’s credit card charging standards and Guangfa Bank’s debit card charging standards. Have you found the information you need?