there is an annual fee. Ping An Bank's the glory of the king co-branded credit card is exempt from the annual fee in the first year, and it is exempt from the annual fee for swiping the card 12 times a year. However, after the first year, there is an annual fee for swiping the card less than 12 times a year. Ping An Bank the glory of the king Co-branded Credit Card is a platinum card, the currency is RMB, the annual fee is 48 yuan, and the credit limit is between RMB 5, and RMB 1,.