Banks increase the credit card short message notification consumption quota, and POS consumption below 500 yuan will no longer send short messages.

At present, among the 10 banks in China, only China Bank, Agricultural Bank, Industrial and Commercial Bank of China, China Construction Bank, Bank of Communications, China Merchants Bank, Huaxia Bank, China Everbright Bank, China CITIC Bank and Minsheng Bank did not accept SMS notification fees or set a "threshold" as of August 1 day. According to CITIC Bank, credit card holders are free of charge for the first three months, and they can choose to renew or unsubscribe after the service expires. If they renew their cards, they will be charged 3 yuan/monthly SMS reminder service fee. Other banks will charge a certain fee, and China Construction Bank, Industrial Bank and Minsheng Bank will charge a credit card SMS reminder fee according to 3 yuan/month. Bank of Communications charges quarterly 12 yuan.