Free. According to the credit card website, the Bank of Communications Sam’s co-branded card can waive the Sam membership annual fee. Bank of Communications Sam's Co-branded Credit Card is a platinum card with a limit of RMB 50,000 and above, but the actual card limit is mainly determined based on the applicant's credit status. The annual fee is 500 yuan/year, and the first-year annual fee is waived. The annual fee for the next year is waived if you swipe the card 6 times a year.