What issues should international students pay attention to when using Bank of China credit cards abroad?
Notes for international students using Bank of China credit cards abroad:
1. Credit card safety:
(1) Keep the "security code" properly:< /p>
The security code is a 3 or 4-digit number printed on the credit card. The printing position will be different for different types of cards. It is often used to prevent credit card fraud by verifying that the payer owned the credit card at the time of the transaction. Please keep your credit card safe and do not tell others the security code or send credit card pictures with security code information to others.
(2) If you encounter problems, report the loss immediately:
If you encounter a loss of your credit card overseas, please call the Bank of China credit card customer service hotline +86-10-66085566, + 86-10-66086569, or report the loss through Bank of China mobile banking or the "Bank of China Credit Card" WeChat official account - My Account - Loss Report and Card Replacement section, or Colorful Life APP.
(3) Payment security lock:
It is recommended that you activate the payment security lock. According to the card use needs, you can check domestic and overseas, card presence or absence, consumption amount, card use time, etc. Autonomous control. In addition, you can also set up the "one-click card lock" function through the payment security lock to close or open your credit card at any time. Currently, you can use the "Bank of China Credit Card" WeChat official account - My Account - More - Payment Security Lock, Mobile Banking - Credit Card - One-click card lock, Colorful Life APP - Use Card - Payment Security Lock, Bank of China branch counters, Bank of China The credit card customer service hotline 4006695566 and the five major channels have payment security lock functions.
2. Handling fee reminder:
(1) Please use local currency for overseas consumption:
Some overseas merchants may provide dynamic currency conversion service (DCC). Live conversion of the local currency of the transaction into your billing currency, this service will incur an additional exchange rate markup. When the exchange rate does not fluctuate drastically, it is recommended that you refuse this service and choose to use local currency for settlement.
(2) Enter password for overseas consumption:
When using your credit card for overseas consumption, it will be determined whether to use password for consumption based on the merchant’s requirements and card type. Some countries will impose restrictions on chip cards. Compulsory password verification is adopted. It is recommended that you set a password for consumption and cash withdrawal before going abroad. You can call the Bank of China credit card customer service hotline 4006695566 to set it. If the merchant requires a 4-digit consumption password, enter the first 4 digits of the 6-digit password to complete the transaction.
(3) Overseas transaction tips:
Overseas, to receive SMS reminders for overseas consumption, you need to activate international roaming mobile phone service; or search for "Bank of China Credit Card" or "Boc-card" Follow the WeChat service account and bind your credit card.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GOAPP to handle related businesses.
Which credit card from Bank of China is good for going abroad?
Bank of China has created a number of innovative credit card products and is dedicated to providing consumers with rich and colorful courtesy services to fully meet the consumption needs of different customer groups, including: personal Jinpu Credit Card, Platinum Credit Card Credit cards, high-end cards and many other credit card products. Before March 31, 2019, holders of Bank of China's Great Wall Global Pass Free Travel Series credit cards are eligible for 5% cash back for purchases over RMB 3,000 equivalent in overseas offline designated areas without restrictions on merchants. Monthly quota is limited; specified in the same period The card can also participate in activities such as 6% cash back for overseas consumption and 5% cash back for overseas online consumption. Some activities require registration. The details of the above activities and more activities can be checked through the "Bank of China Credit Card" WeChat official account and Colorful Life APP.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GOAPP to handle related businesses.
Will overdue credit cards affect overseas visas?
Legal analysis: Overdue credit cards will affect overseas visas. Most credit cards are A and A cards, which are international companies. In fact, creditworthiness is with international credit card companies.
When going abroad, your credit will be checked, and if your credit card is overdue, your visa may be denied. Moreover, if you go abroad, the bank will definitely think that you are malicious and do not repay the loan. Affects visa rates and creditworthiness. If the maximum repayment period is exceeded, the bank may file a lawsuit. Paying it off will have no impact on your future travel abroad. If you really have no choice, you can negotiate with the bank for repayment in installments.
Legal basis: Article 5 of the "Bank Card Business Management Measures" Bank cards include credit cards and debit cards. Bank cards are divided into RMB cards and ++ cards according to different currencies; they are divided into corporate cards (commercial cards) and personal cards according to the issuing objects; they are divided into magnetic stripe cards and chip (IC) cards according to different information carriers. Article 41 The card-issuing bank shall carefully examine the credit card applicant's credit status and determine effective guarantees and guarantee methods based on the applicant's credit status. Card-issuing banks should regularly review the credit status of credit card holders and adjust their credit limits based on changes in credit status.
Can I go abroad if my credit card has not been paid off in full?
If the credit card debt has not been paid off, as long as the bank does not have ++ and ++ has not issued a travel restriction order, you can still go abroad. Legal basis: 1. The "Passport Law of the People's Republic of China" stipulates that if the applicant has any of the following circumstances, the passport-issuing authority will not issue a passport: (1) Does not have the nationality of the People's Republic of China; (2) Those who cannot prove their identity; (3) Those who commit fraud during the application process; (4) Those who have been sentenced to a prison sentence and are serving their sentences; (5) Those who are notified by the People’s Government that they have unsettled civil cases and cannot leave the country; (6) Those who are criminal The defendant or criminal suspect in the case; (7) The relevant competent authorities of the State Council believe that leaving the country will cause harm to national security or cause significant losses to national interests. 2. Article 12 of the "Exit and Entry Administration Law of the People's Republic of China" stipulates that Chinese citizens who are under any of the following circumstances are not allowed to leave the country: (1) Failure to hold valid exit and entry documents or refusing or evading border inspection (2) The person who has been sentenced to a sentence that has not yet been completed or is a defendant or criminal suspect in a criminal case; (3) There is an unresolved civil case and the People's Republic of China decides not to leave the country; (4) The person is not allowed to leave the country due to obstruction of the national (border) ) has been subject to criminal penalties for immigration management or has been deported from other countries or regions for illegal exit, illegal residence or illegal employment, and has not been allowed to leave the country for a period of time; (5) It may endanger national security and interests, and the relevant competent department of the State Council has decided not to leave the country ; (6) Other circumstances where exit is prohibited according to laws and administrative regulations. Supplement: Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card issued by a bank and gives the cardholder a certain credit limit. The cardholder can consume within the credit limit and then repay; quasi-credit card A debit card refers to a quasi-credit card issued by a bank. The cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient for payment, a quasi-credit card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.
What kind of credit card should I apply for abroad?
1. Apply for a credit card abroad. It is actually possible to use a domestic UnionPay credit card to spend money abroad, but the main foreign card organizations are Visa and MasterCard. , so most merchants do not have the conditions to use UnionPay cards.
2. In fact, in order to facilitate cardholders to spend abroad, all major domestic banks have launched a kind of credit card: full-currency credit card. With a full-currency credit card, you can make purchases at any merchant abroad. After the consumption is completed, it will be automatically converted into RMB. You only need to repay according to the RMB bill, which saves cardholders a lot of trouble.
3. It is recommended to use Bank of China’s all-currency international chip card - Bank of China EMV Gold Card, which is free of annual fees for life. No matter when, where and in which currency, when you use the card to make overseas purchases or withdraw cash, the currency exchange fee for cross-border transactions will be reduced or reduced, with a discount of 1.5% of the transaction amount.
4. After turning on the global transaction RMB accounting function, all ++ transactions will automatically purchase foreign exchange and record it in RMB. You only need to repay the bill in RMB. If you turn off this function, you need to manually purchase foreign exchange. Repayment.
For more information about which credit card to apply for when going abroad, go to: View more content
Which Bank of China credit card is better for international students to apply for when going abroad?
For international students traveling abroad for the first time, it is recommended to bring 1 to 2 Bank of China credit cards + an appropriate amount++ (not exceeding the equivalent of US$10,000).
It is recommended that you apply for the Bank of China Great Wall Zhuojun Study Abroad Series Credit Card, which has multiple channels and multiple currencies. It provides products in 4 currencies including US dollars, pounds, Australian dollars, and euros. It is recommended to choose according to the destination of study abroad.
At the same time, the Bank of China Great Wall Zhuojun Study Abroad Series credit cards are EMV standard chip cards, making overseas payments more secure.
Different card organizations have different coverage of merchants in different regions, so it is recommended to carry cards from two different card organizations when traveling abroad. It is recommended to bring a UnionPay brand card and a card from a foreign card organization (such as Visa , Mastercard, etc.).
Due to the different standards of overseas POS acceptance terminals, overseas card use operations will be different, which are mainly divided into those that do not support passwords, those that support six-digit passwords, and those that support four-digit passwords. If the wrong password is entered six times in a row, the card will be locked and you need to call the Bank of China credit card customer service hotline 4006695566 to unlock it. In order to avoid temporarily having no card available overseas, it is recommended to have an extra backup card.
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
You are sincerely invited to download and use Bank of China Mobile Banking APP or Bank of China Cross-border GOAPP to handle related businesses.
That’s it for the introduction of credit cards for traveling abroad.