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Is there a SMS fee for retirement pay card?

Legal analysis: If it is a savings card of China Merchants Bank, the charging standard for SMS function is 3 yuan/month/card, and it is free three months before opening (including the opening month) (no discount will be enjoyed if it is cancelled); Pension account, subsistence allowance account, medical insurance account and unemployment insurance account are free; Sunflower and above customers are free.

Legal basis: Article 19 of the Measures for the Administration of Bank Card Business, the issuing bank shall calculate and pay interest on the deposits in quasi-credit cards and debit cards (excluding stored-value cards) according to the deposit interest rate and interest-bearing method of the same grade in the same period stipulated by the People's Bank of China. The issuing bank does not pay interest on the deposit in the credit card account or the currency value in the stored value card (ic card electronic wallet).