Credit card from Industrial and Commercial Bank of China or Bank of China.

Because so far, only the credit cards of these two banks in China, and cash withdrawals from local banks, are completely free.

As a businessman, it is inevitable that you will need cash for emergencies. Other banks will charge handling fees.

Moreover, these two banks currently have the largest number of business outlets in China.

The difference is:

ICBC:

Local inter-bank: 2 yuan/transaction

Off-site bank: 1 of the cash withdrawal amount , the minimum is RMB 1/transaction, the maximum is 50 RMB/transaction

Inter-bank transfer in different places: 1% of the cash withdrawal amount, the minimum is RMB 1/transaction, the maximum is 50 RMB/transaction, and an additional charge of RMB 2 per transaction for inter-bank transfers Handling fee

Bank of China:

Off-site bank: RMB 10/transaction

Local inter-bank: RMB 4/transaction

Inter-bank transfer in different places: RMB 12 per transaction

If the poster does not value cash withdrawal business, it is recommended to apply for a credit card from China Merchants Bank. China Merchants Bank’s credit card services have always been at the forefront of other banks.