No money will be deducted.
The China Merchants Bank Deposit Card does not charge an annual fee, but the account management fee is charged on a monthly basis. The regulations on account management fees are different in different regions. For ordinary card accounts in Wuxi area, the monthly average daily total assets at China Merchants Bank are less than 10,000 yuan. Each card charges an account management fee of 1 yuan per month; if it is more than 10,000 yuan, the account management fee is waived. In addition, if the average daily balance of the card is less than 300 yuan, a small account management fee will be charged, which will be deducted quarterly. A co-branded savings card refers to an agreement between a credit card and a product dealer so that cardholders can not only enjoy excellent financial services when making purchases, but also enjoy special preferential treatment from the manufacturer. The China Merchants Bank co-branded savings card is a joint-brand savings card of China Merchants Bank. Debit card products jointly issued with other platforms have functions such as savings, financial management, and transfers.