No. China Merchants Low-Carbon Credit Card is a green, low-carbon energy that cardholders earn from completing tasks on the UnionPay low-carbon platform, which can be redeemed for rich prizes. It is an elite card with high application requirements, not a regular card. China Merchants Bank was established in Shekou, Shenzhen in 1987. It was the first joint-stock commercial bank in China that was entirely owned by corporate legal persons.