I received a text message today. 10 yuan transferred it from my bank card and said it was an annual fee. What does the annual fee mean?

Hello, I'm glad to answer your question. Most bank cards, including savings cards (debit cards) and credit cards, charge an annual fee, and a specified amount of fees are deducted from the corresponding accounts every year, which is called annual fee.

Usually, the annual fee of credit cards is high, and different types of credit cards also have different annual fees. You need to check the relevant bank regulations or terms of the agreement. For some special customers or certain conditions, the bank may also waive the annual fee. The annual fee for ordinary debit cards is generally 10 yuan/year, and some cards, such as salary cards and provident fund accounts, are exempt from annual fees. In addition, there are many joint-stock banks that are free.

Since August 1 day, 2065438, the Measures for the Administration of Service Prices of Commercial Banks issued by China Banking Regulatory Commission and National Development and Reform Commission have been formally implemented. Free fees include debit card annual fee and small account management fee. Only one bank card can be "free of charge" under one ID card, and you must go to the counter with your ID card.

2065438+In mid-February, 2004, the National Development and Reform Commission and the China Banking Regulatory Commission jointly issued the Measures for the Administration of Service Prices of Commercial Banks and the Notice on Printing and Distributing the Catalogue of Government-guided Prices of Commercial Banks, published the catalogue of government-guided prices and government-set prices of commercial banks, lowered and adjusted some charging standards, and stipulated some free service items.

And from August 1 day, the new regulations on service charges of commercial banks jointly issued by the National Development and Reform Commission and the China Banking Regulatory Commission were formally implemented. According to the new regulations, from August 20 14 1 day, individual customer account management fees and annual fees are conditionally exempted, and some charging standards are reduced. Commercial banks should provide accounts (excluding credit cards and VIP accounts) free of account management fees (including small account management fees) and annual fees for bank customers' accounts (excluding credit cards and VIP accounts) according to customers' applications.

At present, banks that do not charge annual fees include Minsheng Bank, Nanjing Bank, Huaxia Bank, Industrial Bank, China CITIC Bank, China Everbright Bank and Shengjing Bank. In addition, China Postal Savings Bank charges an annual fee of 10 yuan in Fujian Province and Zhuzhou City, Hunan Province, and no annual fee is charged in other regions.