As far as the current situation is concerned, not only can you get discounts when applying for ETC, but many banks can install it for free. Some banks even said that after opening ETC business, in addition to free basic equipment and discounts, they will also Additional benefits such as free car washes and gas cards can be provided. Nowadays, most banks are actively promoting ETC business. If you go to branches to handle business, you will find that many banks have set up promotional billboards in conspicuous places. Bank account managers attach no less importance to the promotion of ETC than to soliciting deposits and recommending bank financial products. .

Not only can the equipment be installed for free, there are also corresponding discounts on tolls. However, as far as I know, the mainstream preferential rates for tolls are generally 95% off. If the questioner is asking about a 43% discount on tolls, we don’t think it is impossible, but you should confirm the details with the bank, such as whether there are restrictions on activity time or total consumption amount.

In addition to national policies encouraging the development of ETC business, from a bank's perspective, the ETC customer group has distinctive characteristics, that is, car owners, mostly middle class, with great customer value. By bundling when promoting ETC This step of card operation can then quickly and effectively expand the business to high-value businesses such as credit cards, financial management, insurance, and loans.

After working in a bank for many years, my opinion is as follows:

ETC is actually a non-stop electronic toll collection system and one of the highway toll collection methods. The principle is to install an electronic tag (including carrier and bank account information) on the vehicle, use dedicated short-range microwave communication with the microwave antenna on the ETC lane of the toll station, and use computer networking technology to perform background settlement processing with the bank, thereby achieving The purpose of vehicles passing through a road and bridge toll station is to pay tolls without stopping.

The State Council issued the "Implementation Plan for Deepening the Reform of the Toll Road System and Abolition of Provincial Boundary Toll Stations on Highways", proposing to strive to basically eliminate provincial boundary toll stations on highways nationwide by the end of 2019, and at the same time achieve full coverage of mobile payment. The usage ratio of ECT vehicles exceeds 90%. From July 1, 2020, new vehicle models applying for approval should add ETC on-board devices to their optional configurations.

ETC can bring new customer acquisition channels and value-added benefits to banks. For example, the application of ETC can increase the number of debit cards or credit cards. Banks can then expand to High-value businesses such as credit cards, financial management, and loans. Therefore, the current situation has become the focus of competition among various banks.

Postal Savings Bank is an enterprise and must choose between costs and profits to maximize profits.

There are two situations: one is the 43% off toll subsidy, which I personally don’t believe. I still don't believe that etc's profit margins are so high. Of course, short-term, small-scale actions taken by individual branches to compete for customers cannot be ruled out. If it is said to be a nationwide act of the Postal Savings Bank, I personally cannot believe it. Second, the equipment is 47% off, which is worthless. Most banks provide equipment for free.