CITIC dual-currency credit card function supports dollar consumption. China Merchants Bank credit card can be swiped at any credit card swiping machine in the world that supports international clearing organizations such as VISA, MASTERCARD or JCB, because euro consumption will be automatically converted into dollars by international clearing organizations. After returning to China, you can choose to repay in US dollars or RMB (purchasing foreign exchange for repayment).
: Notes on Repayment of USD Account
Associated account may not be repaid automatically:
When the credit card foreign currency account has debts, repayment is not so easy. Perhaps the first thing you think of is the repayment of debit card related accounts. Yes, this is a good idea, but not all related accounts can automatically repay the foreign currency arrears of credit cards.
Generally speaking, when the debit card is bound to automatic repayment, the cardholder needs to choose whether the debit card account is associated with the credit card foreign currency account. If there is no choice, the debit card account will only repay the arrears of the credit card RMB account, and the arrears of the foreign currency account will be returned only after the automatic repayment function of the foreign currency account is set.
If there is no associated account, you can purchase foreign exchange by phone for repayment:
If the credit card is not bound to an associated account, the cardholder can also choose a variety of ways to return the arrears of the foreign currency account. First of all, you can deposit the corresponding foreign currency into the credit card foreign currency account at the bank counter. Although this method is direct, it is likely to take a long time to queue up, and the cardholder may not have enough foreign currency on hand.
Secondly, cardholders can purchase foreign exchange for repayment at bank outlets through the "individual purchase of foreign exchange" function. Of course, this practice is also inevitable to queue up. It is relatively convenient to deposit enough RMB in the credit card and call the customer service phone of the credit card center to purchase foreign exchange for repayment. It should be noted that ICBC, Bank of China, Shanghai Pudong Development Bank, etc. It is stipulated that the funds deposited in credit card accounts should be used to repay the debts of RMB accounts first. Only when there is excess deposit in RMB account can excess deposit be used for telephone purchase of foreign exchange for repayment. Therefore, the cardholder must deposit enough funds to pay off these two accounts.