If Bank of China or China Construction Bank applies for a dual-currency credit card, it will take about one month from application to receipt for a regular card, and about half a month for a platinum card.

Dual-currency card is a type of bank card that has only appeared in recent years. With the continuous development of the economy and the continuous improvement of people’s living standards, traveling and shopping abroad have become very common. Therefore, the It has met people’s widespread demand for bank cards settled in foreign currencies. Therefore, many domestic banks have successively cooperated with international bank card organizations such as VISA and MasterCard to launch bank cards with RMB and US dollar settlement functions. RMB settlement can be achieved through UnionPay in China, and after going abroad, Spend and withdraw cash at merchants and bank ATMs that support VISA or MasterCard, and settle in US dollars.

There are two main types of dual-currency cards: one is dual-currency credit card; the other is dual-currency debit card. A dual-currency credit card is a credit card with RMB and USD settlement accounts, and its functions are basically the same as single-currency credit cards. The dual-currency debit card also has RMB and US dollar settlement accounts, which can be used for savings, cash withdrawals and consumption in RMB and US dollars. It does not have an overdraft function.