Nope. I don’t use any subscriptions. I just use continuous recording with event tagging on my Cam Pan v3s 
, and it generally works as I expect.
That’s what your Wyze camera should be doing, as well. It should fill up your microSD card with individual 1-minute recordings stored within an hour and date folder hierarchy, as described elsewhere. Once the card is full of recordings, the camera should begin overwriting the oldest recordings to reuse the available storage.
I can’t speak to options for a schedule, though I suppose you might be able to do that with Rules in the Wyze app once you’ve confirmed that the recording is working the way you want it to.
That’s what I do with mine (regarding alerts). That’s set in Notifications.
Are you sure that the camera recognizes your microSD card? That’s where I’d start. From the Wyze app home screen, tap a camera > Settings 
(upper-right) > Advanced Settings > Manage MicroSD Card. On that screen, you can format the card, but it should also give an indication of the card’s total capacity and what’s been used so far.
If that appears to be correct, then look at the previous screen and make sure Record to MicroSD Card is toggled on and that Continuous (not Events Only) is selected.
Then if you back out to the previous Settings screen, you can tap into Notifications, turn those on, and make your selections there (and then also set your options in Detection Settings from the main Settings screen). After setting those, it might also be worth a Restart from the main Settings screen (probably not necessary but something I tend to do out of habit when making changes).
Does any of that help or at least answer any of your questions? If necessary, I can grab some screenshots to illustrate some of the things I’m talking about. In any case, welcome to the Forum!