Yes.

Bank savings cards have annual fees, but different banks charge different annual fees for savings cards, as follows:

1. Industrial and Commercial Bank of China: used to pay wages on behalf of others , pensions, subsistence allowances, medical insurance, unemployment insurance, and housing provident fund savings cards and wealth management funds cards are temporarily exempt from annual fees. The annual fee for smart cards is generally 10 yuan per year. New customers will automatically have their annual fee waived when they sign up for a card.

2. China Construction Bank: The base annual fee for the Dragon Card Savings Account is 10 yuan per year, the Cross-Hong Kong Dragon Card is 50 yuan per year, and the VISA Yao Ming Collection Dragon Card is 36 yuan per year. The specific price is subject to the bank notification. . Users can designate a savings card with no annual fee.

3. Agricultural Bank of China: The six types of debit card accounts including salary payment, pension, subsistence allowance, medical insurance, unemployment insurance and housing provident fund are exempt from annual fees, and other charges are 10 yuan per year.

1. How to reduce the annual fee?

1． Make sure you have a card with no annual fee from a commercial bank.

Commercial banks have always implemented a free policy for payroll, pension, provident fund, pension insurance and other accounts. Citizens who already have such accounts cannot continue to apply for free accounts. For example, if he has two debit cards from a certain bank, one is a salary card, and the account management fee and annual fee have been waived, he cannot apply for a second card for free.

2． Bring your bank card and ID card to any bank branch on working days to apply for a free account

3. The bank will review whether the conditions are met, and the free account that the bank must provide does not include credit cards.

4． It can be processed with the authorization of the branch manager on duty.

2. Functions of Debit Card

1 Deposit and withdraw cash. Most debit cards have local and foreign currency, fixed-term, current and other savings functions. Debit cards can be deposited and withdrawn at card-issuing bank outlets, self-service banks, and can also be withdrawn from ATM machines (cash machines) across the country and even around the world.

2 Transfer money. Cardholders can transfer or remit money to other accounts through bank branches, online banking, self-service banking and other channels.

3. Card holders can use their debit cards to make purchases at merchants.

4 Collection and payment. Debit cards can be used to pay wages and pay various fees (such as communication fees, water bills, electricity bills, gas bills, etc.).

5 Asset Management. Wealth management products, open-end funds, insurance, personal foreign exchange transactions, precious metal transactions, etc. can all be signed, traded and settled through debit cards.

6 Other services. The services of many bank debit cards have extended beyond financial services, such as providing cardholders with airport VIP access, medical and health services, etc.