How to calculate the date of annual credit card fee?

How to calculate the annual fee cycle of China Bank's credit card?

The annual fee is charged from the first billing date after the card is activated to the billing date of the same month of the following year.

The above contents are for your reference. Please refer to the actual business regulations.

When will the annual credit card fee be deducted? Is there a fixed deduction time?

Debit cards and credit cards have annual fees, so for the majority of card friends, the most concerned thing is when to deduct the annual fee of credit cards. Is there a fixed deduction time?

As for when to deduct the annual credit card fee, the time and standards for deducting the annual credit card fee vary from bank to bank. The specific deduction time and standard should be based on the agreement signed with the bank when you apply for a credit card. Basically, after deducting the annual fee of the bank credit card, it will enter the personal bill, so just repay it in time.

The following are the times of annual credit card charges of some major banks:

First, the corresponding number of swipes will be calculated from the date when the credit card is activated, and the annual fee will be charged on the corresponding day of the following year.

The above-mentioned banks that meet the conditions for annual fee reduction and exemption include: Industrial and Commercial Bank of China (SMS reminder will be sent one month in advance), China Bank, Bank of Communications, Guangfa Bank, China CITIC Bank, Ping An Bank, Minsheng Bank and China Everbright Bank. For example, the card will be activated on July 8, 20 17, and the annual fee will be charged on July 8, 20 18, and so on.

2. The annual fee is charged from the first billing date of the card-holding year.

Banks that meet the above annual fee deduction are: China Construction Bank. For example, if the card is activated on July 8, 20 17 and the first bill is generated on August 5, 20 17, then the annual fee will be charged on August 5, 20 18.

Three. The annual fee is calculated and charged on the card issuing date.

In fact, in today's increasingly fierce competition in the credit card market, when to deduct the annual credit card fee is also a standard of competition among major banks, and many banks are free of the annual credit card fee. There are many free annual cards for you to choose from in the credit card column. Click.

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How to calculate the annual fee cycle of credit card?

The calculation method of annual fee cycle of bank credit card is based on the date of card approval (starting time), not the natural year or activation time. Most credit cards are exempt from the annual fee in the first year, and the annual fee in the second year can be exempted after spending a certain number of times. Only a few special cards need to charge an annual fee.

For example, if the cardholder's credit card is a nuclear card dated 202 1, then the ordinary credit card he holds will be swiped 6 times before September 0 1 in 2022, and the annual fee for the next year will be automatically reduced. Please consult the staff for details. Free annual fee means that in order to encourage cardholders to spend by swiping their cards, if cardholders fail to meet the standard of free annual fee, most banks will also give some customers free annual fee to retain customers, some by additional fee reduction, and some unconditionally.

In addition, the annual credit card fees of the Postal Savings Bank are Gold Card, China Travel Service Card, Xi 'an Expo Co-branded Card, Black Travel Card 125 yuan/year, and supplementary card 60 yuan/year; Self-mailing family co-branded cards: the main card 100 yuan/year, and the auxiliary card 50 yuan/year. In addition to the annual fee, the Postal Savings Bank will also charge SMS service fee, cash withdrawal fee, late payment fee, over-limit fee, bill reading fee, bill replacement fee, overpayment recovery fee, loss reporting fee and password letter replacement fee. You can also go to the nearby Postal Savings Bank outlets to ask the bank staff, or you can go to the Postal Savings Bank in official website to inquire.

Before you apply for a credit card, you must know all the expenses that need to be paid and all the expenses that the bank will deduct regularly to avoid unnecessary losses in the later period.

< strong > calculation standard of annual credit card fee cycle of each bank:

1. Industrial and Commercial Bank of China: Generally, the annual fee for the first year will be charged after the card is activated for one year, and the annual fee for the following years will be deducted on the basis of this time. The annual fee will be charged immediately after the card with rigid annual fee is activated, and it will not be reduced.

2. China Construction Bank: The annual fee is determined according to the validity period of the card. The month within the validity period is the beginning month of the card-holding year, and the month of the following year is the card-holding year. The annual fee will be charged immediately after the card with rigid annual fee is activated, and it will not be reduced. After the high-end credit card is approved, an annual fee will be charged (whether activated or not).

3. Bank of China: the billing date from the first billing date after activation to the billing date in the same month of the following year is an annual fee year. Annual fee year refers to the first billing date after card activation to the billing date of the same month of the following year.

4. Agricultural Bank of China: The policy is formulated once a year, subject to the inquiry in that year. The annual fee will be calculated one month after the meat inspection approval card is issued.

When is the annual credit card fee calculated?

No matter what kind of credit card has an annual fee, the annual fee of each bank credit card is different. In general, the annual credit card fee is calculated according to the whole year. For example, if your credit card is processed in July, then your annual fee is calculated in July every year. However, in order to attract users to apply for credit cards, some banks generally stipulate that the annual fee will be exempted in the first year, and users can spend three or five times in the same year without the annual fee in the following year.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

According to different card issuers, it can be divided into bank cards and non-bank cards.

Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.

Non-bank card.

This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.

According to the different issuing banks, it can be divided into corporate cards and personal cards.

Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

Gold card.

Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

When does the annual credit card fee start?

Many banks' credit cards are exempt from the annual fee in the first year, and the annual fee (unlimited amount) in the following year can be waived if you swipe your card 3-6 times in the first year. If the annual fee exemption condition is not met, the cardholder needs to pay the annual fee after the first year of credit card issuance. It should be noted that the first year of all bank credit cards is within 12 months of issuance, not the natural year. For example, credit cards issued by 17 and 12 end in 18,1/kloc-0, 3 1. If the card is not activated or swiped for the number of times required by the issuing bank in the first year, the annual fee will be charged in the13rd month.

Credit card is a credit certificate issued by commercial banks or credit card companies to qualified consumers.

The form of credit card is a card with the name of the issuing bank, expiration date, number and cardholder's name printed on the front. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

Product category

Classification of institutions

(a) according to the different card issuers, it can be divided into bank cards and non-bank cards.

(1) bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.

(2) Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.

(2) According to different card issuers, it can be divided into corporate cards and personal cards.

(1) company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

(2) Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

(3) According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

(1) ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

(2) gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

Introduction of annual fee cycle and deduction time of credit cards in major banks

The annual fee cycle of bank credit card is mostly calculated by the time of opening or verifying the card, which is not fixed. Therefore, cardholders need to keep this critical point in mind. Here is an introduction to the annual fee cycle and deduction time of credit cards in major banks. If you don't want to affect your credit information because the annual fee is overdue, you must read it.

China Industrial and Commercial Bank, China Bank, Bank of Communications, China Guangfa Bank, Ping An Bank, Minsheng Bank and China Everbright Bank:

The number of card swipes will be settled on the card opening day, and the annual fee will be charged on the corresponding day on the card opening day of the following year. For example, the opening date of ICBC credit card 20 18 is 201818, then, from 201818 to 2018.

The annual fee cycle of CITIC Credit Card is based on the card opening date, and the annual fee deduction time is delayed to 60 days after the card opening date.

China Construction Bank:

The annual fee cycle of CCB credit card is based on the issuing time. If the card does not meet the bank's annual fee waiver requirements, it will be recorded on the first billing day of the card year and repaid on the repayment date. If the billing date of the credit card is 22nd of each month, the annual fee from February 20 17 to February 20 18 will be debited and credited on February 22, 20 17, and the repayment will be due.

China Merchants Bank:

Calculate the annual fee cycle according to the card issuing date. For example, if the card issuing date is 165438+ 10/,it will be from 1 65438+1 0/0/0/to 65438+ 10/3/in the following year.

The introduction of how to calculate the date of annual credit card fee and how to calculate the annual credit card fee applied at the end of the year is over. I wonder if you have found the information you need?