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Which bank's credit card can be exempted from annual fee every year?
China Merchants Bank, Bank of Communications and CITIC are all six times; CCB 3 times; ICBC 5 times; Minsheng (Gold Card) 8 times. In addition, some official cards are free of annual fees for life.
Extended data:
Credit card, also called credit card. It is a non-cash transaction payment method and a simple credit service.
A credit card is a credit certificate issued by a commercial bank or a credit card company to eligible consumers. 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.
There is no need to pay cash for credit card consumption, and it will be repaid on the billing day.
References:
Baidu encyclopedia-credit card
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