It is reasonable for ICBC to charge a principal fee, but it is somewhat unreasonable to charge a card opening fee. "Manufacturing cost" refers to the labor and material costs required for the manufacturing process of some items. Such as ID cards, bank cards, bills, and certain products produced by the company, all of which require labor and material costs, excluding the value-added and profit of the items, generally called "cost of production."

There are differences in the production fee charging standards for different card types of ICBC, for example:

1. The production fee for Jurassic World Credit Card: 50 yuan/set, charged after the card is activated;

2. The cost of issuing new Kirin-themed debit cards is 50 yuan per card;

3. The cost of issuing Ruyi Phoenix Card Ruyi Card Exclusive Edition is 50 yuan per card.

All major commercial banks have this fee. It is particularly important to point out that China UnionPay has vigorously promoted the second generation of bank cards, namely financial IC cards. The production cost of this type of card is high, and its card opening fee generally ranges from 20 to 50 yuan. There is generally no charge for opening a bank card, whether it is a debit card or a credit card.

If you are over 16 years old, bring your valid identity certificate and go to the bank counter to open an account and apply for a savings card; if you do not meet the age requirements, your guardian will need to bring your household registration book to the bank counter to apply for it. For credit cards, you need to be over 18 years old and have the ability to repay.

Generally, there is no handling fee for opening a card, but some banks’ special cards will have production fees and passbook production fees. The regulations of banks in various regions are slightly different. There is a one-time cost fee for opening a card, and there are no other fees. If you subscribe to the SMS notification service, you will be charged about 30 yuan per year.

Banks are businesses that aim to make profits. Some banks do not charge capital fees because they feel that waiving these fees can attract more people to open accounts, increase deposits and settlements, and bring in more income. This cost can be fully covered. Some banks also charge based on profit maximization considerations. The cost of production fees charged by the bank is subject to approval. All bank charges include a production fee. Whether or not to accept it is a business behavior, just like whether a store gives discounts to customers.