CBRC to rectify credit card: No activation card cannot charge annual fee

Does the credit card not activate or charge an annual fee? This is a lot of cards to the gift of the cardholder in the heart of the doubt.　　Different banks to adopt different rules, such as ICBC, ABC, BOC, Guangdong, and other banks do not activate on the exemption from the annual fee, and CCB, Everbright, Bank, Merchants Bank, and so on the first year free annual fee, the second year even if not open cards also charge cardholders annual fees.　　And yesterday BoJ to the banks issued by the "notice on further standardizing credit card business" (hereinafter referred to as "notice") unified this rule, "notice" clearly stipulates that the cardholder to activate the credit card before the banking institutions can not deduct any fees.　　As the notice requires banks to complete their rectification by August 31, it is also surprising that the credit cards that have been in full for a year before August 31 may still have to be deducted for an annual fee, which depends on the timing of the restructuring of the banking system. No charge "notice" unless expressly authorized by the Cardholder. Before the activation of the credit card, the banking financial institution shall not withhold any fees, but also make further clear the application of the credit card issuer, the credit card applicant should have a fixed job, or a stable source of income, or provide a reliable repayment guarantee.　　In the case of the student credit card, the notice also made it clear that banking financial institutions should not issue credit cards to students under the age of 18 (except supplementary cards). Before this "notice" issued, the bank credit card center independently, some banks take not to activate the card on the policy of no charge, such as ICBC, ABC, BOC, Citic, Minsheng, Xingye, Guangdong, China, etc. while some banks to implement the first year of free, the second year regardless of whether the cardholder to activate credit cards are charged annual fee policy, such as CCB, Everbright,　　Cross-bank, CMB, for a year less than the number of cards (generally 3-6 times) or no activation card users, have to charge a certain annual fee, the specific annual fee of different card class costs. Since the money will be deducted directly from the credit card, the user needs to activate the credit card before the previous paragraph, or the bank credit system will be back on the spot, which makes many think not to activate the bank will not charge customers accidentally on the back of the credit stain.　　And like some special service credit cards, such as car cards, aviation cards, travel cards, some banks in the customer application for the card when the direct charge, but because such cards are in the application needs the customer's deduction fee authorization, generally will not appear disputes. and the "notice" issued a unified industry-wide standards, the public to do so as long as the credit card does not activate, there is no cost. CCB Credit Card Center people told reporters that since the CBRC expressly stipulates that banks will strictly enforce.　　As the notice requires banks to complete rectification before August 31, users who have activated their credit cards for a full year prior to this may still be charged an annual fee if the system has not changed, but after the system changes, the bank will not charge an inactive card user's annual fee, which depends on the bank system rectification time. For those who have already owned CCB, Everbright, bank, and CMB credit cards and have not activated the customer, may wish to pay attention to their own card opening time, if it is last August 31 after the opening of cards, should not worry about the yearFee. Encourage the implementation of the negative list system in addition, the "notice" in the receipt of business and merchants management, collection outsourcing management, complaints processing, stressed that banking institutions should be implemented to strengthen institutional management, prevention of risks. In response to suspected credit card irregularities, the banking financial institutions are encouraged to implement a negative list system, and the Chinese Banking Association actively promotes information sharing.　　For independent operation, independent management of the credit card center, emphasizing the rationalization of the credit card center and other departments of the internal mechanism, the implementation of complaints management responsibilities, in order to improve the efficiency of complaint handling, to protect the legitimate rights and interests of customers. According to the director of the CBRC, as of 2008, China's commercial banks have issued credit cards 1.200 million, the annual transaction amount to 3 5 trillion yuan, of which the consumption amount of 1, 1 trillion yuan, the total amount of credit card consumption in the social consumer goods retail sales of the total value from 2006 4.8% rose to 2008 14　　.8%. Newspaper reporter Wang Meili