Yes According to China Financial Times. com, Huaxia Bank's Puka, Gold Credit Card and Elite Global Credit Card are exempt from the annual fee in the first year, and the annual fee in the following year can be exempted after five transactions. Huaxia Elite Global Credit Card-Global Exclusive Card Annual Fee 880 yuan/year. If the annual transaction amount exceeds US$ 2,500 or15,000 RMB, the annual fee for the current year may be exempted. If the consumption is not up to standard, you can exchange 50,000 points for the annual fee within 3 months after the annual fee is generated. Huaxia Elite Global Credit Card-Zunshang Platinum Card has an annual fee of 680 yuan/year, with no annual fee in the first year and no annual fee in the following year after 5 transactions. Therefore, Huaxia Bank's credit card has an annual fee, but if the annual transaction of the credit card meets the standard, the annual fee for the following year can be waived.