When opening a credit or debit card, the annual fee is an important factor that businesses need to consider. Depending on the policy, each bank will apply different fees, from low to high; some units even offer incentives to waive or reduce fees to increase benefits for customers. So, what is the difference? What is the annual fee? And what does it mean in corporate financial management? Let's find out with SeABank in the article below.

What is the annual fee?

The annual fee is a recurring fee that the bank applies every year to maintain the utilities and services that come with the card. This fee is applied to most types of cards currently on the market, including domestic debit cards, international debit cards, prepaid cards, and credit cards.

The specific fee will depend on each bank's policy and is usually deducted directly from the customer's payment account and card credit limit, ensuring continuous and convenient card usage throughout the card's life cycle.

The annual fee will be collected by the bank periodically every year to maintain the card.

How to look up the annual fee of a bank card

To proactively manage finances and use cards effectively, businesses need to clearly understand the annual fees set by banks. Below are 3 simple ways to help businesses easily look up information about card annual fees.

Look up via the bank's hotline

Contacting the hotline is a quick and accurate way to know the annual fee that the bank is applying to the business card. The call center staff not only provides detailed information about the fee, but is also ready to advise and answer any questions related to the card service.

For SeABank's corporate customers, please contact hotline 1900 599 952 for timely and dedicated support.

Look up on the bank's website

Besides the hotline, businesses can also easily look up the annual fee schedule right on the bank's official website. This is a convenient, fast, and always fully updated method.

Specifically, for SeABank's corporate customers, please follow these steps:

Step 1: Access SeABank's search utility tool page HERE.
Step 2: At the SeABank search page interface, businesses select the item Corporate customers, then select the next item Corporate card, select next, and see details in the section Corporate card service fees.
Step 3: Businesses can easily find annual fee information corresponding to the type of card they are using or want to register for.

Businesses can look up annual fees on the bank's website.

Look up directly on the bank's fanpage

In addition to the hotline and website, businesses can also look up annual fees through the bank's official the fanpage on social networking platforms. This is a convenient online support channel, helping customers quickly receive feedback.

For corporate customers using services at SeABank, just send a message directly to SeABank. The customer care team will quickly respond and provide detailed information about the annual fee of the card type that the business is using.

Experience the SeABank corporate card with many attractive incentives

To accompany businesses in optimizing costs and managing finances intelligently, SeABank currently offers corporate card products with many extremely attractive incentives.

Outstanding corporate cards at SeABank

SeABank offers a diverse portfolio of corporate cards, suitable for many different needs, from business trips, shopping, to daily payments. Each product not only helps businesses control spending optimally but also comes with separate utilities and incentives. Notable ones include:

SeAMileage Co-Branded Credit Card: A specialized card line for businesses that need to travel frequently for work. With each expense, businesses will accumulate Golden Lotus miles (BSV) to redeem airline tickets or aviation services, helping to save significantly on travel costs.
Visa Corporate Credit Card: Comprehensive solution for all business activities, from purchasing office equipment, paying for services, to business expenses. The card helps businesses manage expenses effectively, reducing the burden of administrative procedures.
Visa Business Debit Card: An International debit card line exclusively for businesses. This card helps businesses make daily transactions quickly, safely, and easily control cash flow.
SeABiz Ultra Cash Card: International debit card with a cashback feature up to 1% (up to 5 million VND/month), helping businesses manage expenses effectively and make convenient payments.

SeABank is offering many different payment card lines for businesses to choose from.

Annual fee incentives when registering for a SeABank corporate card

SeABank understands that every expense is important to businesses. That is why SeABank is currently offering many attractive incentives, helping businesses save operating costs right from the start. Currently, when successfully registering and activating a corporate card, businesses will immediately receive attractive annual fee incentives:

First year annual fee is free:

SeABank understands that every expense is important to the development of the business. Therefore, the bank offers special incentives on annual fees, helping businesses save costs right from the start.

As soon as the corporate card is successfully registered and activated, customers will enjoy many attractive incentives, supporting more optimal and effective financial management, notably the program of free annual fee for the first year for newly opened and successfully activated primary cards from now until December 31, 2025.

Annual fee refund applies to both primary and secondary cards:

From the second year onwards, customers using credit cards at SeABank will continue to receive annual fee refunds when reaching total transaction turnover in 12 consecutive months: Visa Corporate from 50 million VND, SeAMileage from 200 million VND (applicable until further notice).

Refund of the annual fee for newly opened or newly issued supplementary card:

Visa Corporate Credit Card: Businesses will be refunded the annual fee for up to 5 additional cards when each card generates a minimum transaction of VND 3,000,000 within the first 30 days from the date of card opening.
SeAMileage Credit Card: Businesses will receive an annual fee refund for up to 5 additional cards when each card generates a minimum transaction of VND 5,000,000 within the first 30 days from the date of card opening.

With a total incentive value of up to 300 million VND, this program of SeABank is a great opportunity for businesses to optimize costs. Take advantage now to equip cards for key members, making spending management easier and more effective than ever.

SeABank offers an attractive annual fee waiver program when opening a new card

Note: Offer will end when the budget runs out or the implementation period expires, whichever comes first, so don't miss out!

Conclude

In short, understanding what is the annual fee and choosing a bank with suitable preferential policies is the key for businesses to optimize benefits when using cards. With attractive and flexible fee exemption and reduction programs, SeABank is proud to be a trusted companion, helping businesses experience all financial utilities in the most complete and economical way.

For more information, please call hotline 1900 599 952 or contact the nearest Branch/Transaction Office for advice and support.