As the Internet continues to develop, more and more people are beginning to use credit cards and enjoy more convenience and advantages in their lives. And one of them, the bank's happy break. Such cards help consumers to consume in a phased manner, but they also charge a certain annual fee. Why, then, would the annual fee be charged by the Bank's Happiness Card and what would be the amount of the annual fee? These problems have been bothering many. This paper will analyse the annual fee for the Bank's Happiness break from several angles and help readers to better understand the credit card。

The branch's annual fee

I. Amount of annual fee

The annual fee for the Bank's Happiness Card is a certain amount, and in different cases there are different rates. Generally, a card holder is required to pay an annual fee of 90 yuan, but members are entitled to reliefs, such as the use of the above-mentioned card to accumulate points and to convert some or all of the annual fees. In addition, an annual fee may be waived if the card is used to a certain extent. Thus, cardholders can reduce their annual fee expenditure in a number of ways。

II. PAYMENT OF Annual Fees

The card holder may choose to pay an annual fee before the billing date of each year or in instalments. If a phased payment is selected, the annual fee will vary depending on the number of instalments. As a general rule, there would be 12 instalments, and the annual fee would also give rise to corresponding interest. Such payments allow cardholders to better control their own expenditures and avoid the financial burden of one-time payments。

III. Preferential policies for annual fees

In order to attract more consumers, the Bank Happiness Card has a number of preferential policies. New users, for example, are entitled to an annual fee-free service within the first month after a card is opened, both to make consumers better aware of the credit card preferences and to adapt them more quickly to the form of instalment payments. In addition, an annual fee reduction service is available if there are at least two credit cards for the trader or family。

IV. Rationale for annual fees

The annual fee is not collected arbitrarily and the amount of the annual fee is determined on the basis of, inter alia, cost. The issuance, maintenance, etc. of credit cards are cost-intensive, so that a certain annual fee can also help the industry to mitigate these costs. In addition, cardholders who pay an annual fee are also entitled to additional services and benefits, such as credits, so that an annual fee is also a feedback and promotion service for the cardholders。