Bank of Communications has no annual fee since 20 18. According to the regulations of the central bank, starting from 20 16 12 1, the same person can only open one class I account (bank settlement account, including bank card) in the same bank. If a Class I account has been opened, a Class II account or a Class III account should be opened. Credit cards charge an annual fee in this respect.

According to the explanation of the central bank, the Class I account in the personal settlement account is an account opened by the current individual at the bank counter and verified on the spot, with complete functions; Class II and III households are bank accounts opened through electronic channels such as bank counters or the Internet, which have limited functions and need to be bound with Class I households.

Extended data:

Free business of Bank of Communications (partial screenshot):

References:

Bank of Communications-General Information-Service Charge List