Trimellitic anhydride and pyromellitic dianhydride have been polycondensed with Cu(II)-phenanthroline complex as a comonomer in the presence of anhydrous ZnCl2 under selective conditions. Elemental diffuse reflectance and infrared spectroscopic and X-ray diffraction (XRD) analysis data of these polymers have been correlated with the tentative structure proposed for these polycondensates. Thermal stability and dielectric and conductivity characteristics of these polycondensates have been evaluated to understand the effect of the ligand and the anhydride moieties on these properties. Unlike the polymer-anchored 3d-metal complexes, these polycondensates fail to initiate the cationic polymerization of N-vinylcarbazole.