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Does it cost money to open a China Merchants Credit Card?

There is no fee to open a card. At present, there are clear regulations that indicate that banks are not allowed to charge any fees when users apply for bank cards.

If you apply for a debit card, you may need to deposit 10 yuan into the card when activating the card, but it is not a fee charged by the bank, it is directly deposited into the debit card.

If you apply for a credit card, there may be an annual credit card fee after activation. In some areas, there may be some preferential policies for annual fee collection. For example, if you swipe the card 6 times, the annual fee will be waived.