Double exemption means that if a bank customer's account (excluding credit card) does not enjoy account management fee (including small account management fee) and annual fee exemption, the bank should provide account management fee (including small account management fee) and annual fee exemption account (excluding credit card and VIP account) according to the customer's application.

In every commercial bank, everyone can apply for a debit card free of management fees and annual fees.

Conditions for double immunity:

1, the personal small account management fee is conditionally exempted.

2, pension withdrawal fees in different places

Extended data

Small account management fee is an account management fee that banks charge a certain amount of fees every month for those accounts whose average daily balance is less than a certain amount. Most banks have this charge, and the specific amount is different. Collecting this fee is a change in the bank's business philosophy.

From August 1 2007, the annual bank card fee and small account management fee were cancelled, and some basic financial service charges of commercial banks were suspended.

According to the relevant regulations of China Banking Regulatory Commission, starting from August 20 14 1 day, these two fees (bank card small account management fee and annual fee) will be "double-exempted", but citizens need to bring their ID cards and bank cards to the bank outlets to apply for exemption of these two fees, and a bank can only apply for a "double-exempted" account.

Cardholders need to take the initiative to ask which card to apply for free. When applying, you can "double-exempt" one card, or you can exempt one card from annual fee and another card from small account management fee.