Do I need a credit card to study in Japan?
You can choose whether to apply for a credit card according to your own needs. The basic functions of a credit card are the same. You can use the card to make purchases and make online payments at home and abroad. , installment payment, various types of ++++, credit card points, accumulated credit, interest-free period of up to 50 days, etc.
Credit cards are issued to cardholders by banks or credit card companies based on the user's creditworthiness and financial resources. Cardholders do not need to pay cash when using the credit card, and repayment will be made on the billing date (English: BillingDate). Credit cards are generally 85.60 mm long, 53.98 mm wide, and 1 mm thick, special carrier plastic cards with consumer credit. It is issued by the bank to individuals and organizations, and can be used to shop, consume, and deposit and withdraw cash from the bank. It is in the form of a card with the name of the issuing bank, validity period, number, cardholder name, etc. printed on the front and a magnetic card on the back. strip, signature strip.
Do you need visa or jcb for studying in Japan?
Visa card and jcb card have different functions, and users can apply for them according to their needs.
JCB is Japan’s equivalent of China UnionPay. JCB card is a universal international credit card originated from Japan. JCB card also has many preferential activities. Currently, there are many banks in China that can apply for JCB cards, but the only ones that use the JCB Japanese yen channel are Bank of China, JCB Lucky Cat Credit Card and Minsheng Bank JCB international student credit card. Although others are marked with JCB, the consumption is through the US dollar channel, so from the perspective of saving money, a JCB card is still needed.
A VISA card is required to register for exams in Japan. For example, you need to go through the VISA channel when registering for TOEFL. Therefore, users of this card can only use it for registration and nothing else.
Visa, also translated as Visa and Weixin, is a credit card brand operated and managed by Visa International Organization located in San Francisco, California, USA. The visa card was issued in 1976. Its predecessor was the BankAmericard issued by Bank of America.
On August 31, 2012, visa will be allowed to issue cards in China. On April 22, 2016, Visa announced its financial report. In the quarter ended March 31, Visa's net profit was US$1.71 billion. In July 2017, Visa ranked 25th in the 2017 list of the world's 100 most valuable companies. On January 12, 2018, Visa announced that starting from April 1, consumers no longer need to provide a signature when purchasing with a Visa debit or credit card, thereby announcing the end of the signature link that was once crucial to ensuring transaction security.
The difference between visa and UnionPay cards is: UnionPay cards are high-quality, international national brand bank cards with independent intellectual property rights. And visa is a credit card.
1. Visa's payment processing
Visa's core network - VisaNet is one of the world's largest transaction and information processing networks, helping financial institution customers, consumers, merchants, Enterprises and government agencies realize the transfer of value and information. For more than 30 years, VisaNet has provided an important platform for Visa's innovation and services. Today, through VisaNet's centralized and integrated architecture, Visa provides customers with safe and reliable massive transaction processing (authorization, clearing and settlement) and value-added services.
2. Main features of VisaNet
Scale. In 2009, the number of authorization, clearing and settlement transactions processed through VisaNet exceeded 101 billion. Rigorous test results show that VisaNet can handle more than 20,000 transaction messages per second.
Reliability, VisaNet has four data processing centers located on three continents around the world. These processing centers are fully synchronized and use a consistent authorization platform, which allows Visa to readily move transaction processing volume from one data center to another when necessary. At the same time, each of Visa's new generation data centers is equipped with multiple authorization engines, which is equivalent to a "data center within a data center." These advanced technologies help ensure the availability and processing power of the VisaNet system to meet the growing demand for electronic payments.
Security, precisely because of VisaNet’s centralized architecture, Visa can “see” every transaction processed by VisaNet, which allows Visa to use the Visa “Advanced Authorization” service to verify every transaction. Conduct real-time risk scoring, making it possible to stay one step ahead of fraudulent transactions and stop them before they occur.
Value-added services, Visa also provides various value-added services through a global centralized processing platform, such as enhanced risk management, dispute handling, cardholder loyalty applications and other information services. For example, the "Visa Incentives Network" (VIN: VisaIncentivesNetwork) uses VisaNet's centralized processing capabilities to provide personalized points rewards based on the needs and preferences of U.S. cardholders.
What bank card should I use to study in Japan?
Question 1: What bank card is better to get in China to study in Japan? 1. Hua Xia Bank Card
Any bank card from Hua Xia Bank A debit card has the function of making the first inter-bank withdrawal free of charge every day. In other words, there is no handling fee when you withdraw money in Japan. In China, you can deposit CNY into this card and when you arrive in Japan, you can withdraw JPY from an ATM machine with the UnionPay logo. For example, 7-11 convenience, etc. When you really need some money from your parents, you can ask your parents to transfer funds directly to your Hua Xia card from a domestic bank to avoid the high handling fees of transferring funds to Japan. However, Hua Xia Bank has a lower exchange rate than state-owned banks. For example, the exchange rate of Bank of China is 6.12 today and Hua Xia Bank is 6.15 today. In short, it is not too different. Moreover, Hua Xia Bank has a relatively wide coverage in China and everyone should be able to get it. When applying for a card, you can choose a chip card, beauty card or business travel card.
2. Hengfeng Bank Jiuzhou Card
This card has the same properties as the Hua Xia Bank Card. All are free features for the first inter-bank withdrawal every day. I recommend this card more than Hua Xia Bank. Because the exchange rate of each bank is different, as mentioned above, Bank of China is 6.12, Huaxia is 6.15, and Hengfeng is 6.13. It has an advantage over Huaxia Bank in terms of exchange rate. However, considering that Hengfeng Bank’s coverage in China is very small, most of them are only available in the south, so if you have Hengfeng, you can apply for a Hengfeng card. If you don’t have one, you have to choose Hua Xia Bank.
3. JCB Japanese Yen Channel Credit Card
About JCB, it is Japan’s equivalent of China UnionPay. JCB cards are only available as credit cards in China. Currently, the banks in China that can apply for JCB cards include Bank of China, Industrial and Commercial Bank of China, China Construction Bank, China Merchants Bank and China Minsheng Bank. Although these banks can all handle JCB cards, the only ones that actually use the JCB Japanese Yen channel are the Bank of China JCB Lucky Cat Credit Card and Minsheng Bank JCB International Student Credit Card. Others are marked JCB but follow the US dollar channel.
Let me explain about the Japanese yen channel and the US dollar channel:
US dollar channel: When swiping a card in Japan, first convert CYN (Renminbi) to USD (U.S. dollar) and then convert USD to JPY (Japanese Yen). There will be two exchange rate differences, which simply means there are two handling fees. Some banks will also charge an additional 1.5% currency conversion fee.
Japanese Yen Channel: When swiping a card in Japan, CYN is directly converted into JPY and there is no currency conversion fee.
Back to the topic when applying for the Bank of China JCB Lucky Cat Credit Card and Minsheng Bank JCB International Student Credit Card. The Bank of China card will stop processing soon. Generally, it is only available in branches. Some branches may not know about it at all. this card. In addition, Bank of China seems to only be able to apply for employees of state-owned enterprises, and the review is also troublesome. And Minsheng Bank will be more convenient than China. Then, for those who are just 18, you can ask your parents to apply for it, then you can get the additional card, and finally you can swipe the card and your parents will return it in China. ICBC has just appeared and the yen channel has not been fully understood yet, so I won’t comment much.
4. Card with VISA logo
This card is easy to say. The VISA US logo covers the whole world. Some people asked why we still need to use VISA when we have JCB. In this way, when we register for some exams in Japan, such as TOEFL, we need to go through the VISA channel when registering. You can use this card only for registration and nothing else. This credit card, which is easy to use from any bank, has the VISA logo. If you don’t want to apply for a credit card, it is recommended that you apply for a debit card with the VISA logo from China Minsheng Bank. There is no overdraft feature on this card. You can spend whatever you save.
It takes a week to apply for this card. Didn’t he say that the bank told him: I want to apply for an international debit card with a US dollar card, so that’s it!
5. A bank card with better online banking coverage on Chinese websites
This card is even better It’s easy! You can use the card we usually use for online shopping or get a new one. What can this card be used for?
For example, if we want to go home one day, we need to buy a plane ticket. Of course, a card with wide coverage on various websites is preferred.
6. China Bank Card
Sometimes you need to withdraw a lot of JPY from the card. Although Bank of China charges a handling fee for inter-bank withdrawals, if you get a lot of JPY, then use Bank of China. The card seems to be more affordable than Huaxia and Hengfeng.
That’s all the standard features. Here are some answers to frequently asked questions.
The first is the question of whether UnionPay can be used:
In Japan, UnionPay is still available in some big cities. For example, 100% of the places frequented by Chinese tour groups accept UnionPay. But after all, it is also a place where tour groups go. Everyone should know it, right? The price should be relatively high. Then using UnionPay, you can directly convert Japanese into RMB without any exchange rate difference or currency conversion, which is quite convenient. If you see UnionPay when you are shopping one day...
Question 2: What bank cards can Japanese students apply for? First of all, I want to tell you that domestic cards can be used in Japan. The following Chinese bank cards can be used in Japan:
Hua Xia Bank Card
Any debit card of Hua Xia Bank has the function of free of charge for the first inter-bank withdrawal every day. In other words, there is no handling fee when you withdraw money in Japan. In China, you can deposit CNY into this card and when you arrive in Japan, you can withdraw JPY from an ATM with the UnionPay logo. Moreover, the exchange rate of Hua Xia Bank is lower than that of state-owned banks. For example, the exchange rate of Bank of China is 6.12 today and the exchange rate of Hua Xia Bank is 6.15 today. In short, it is not too different. In addition, Hua Xia Bank has a relatively wide coverage in the country and everyone should be able to do it.
Hengfeng Bank Jiuzhou Card
This card has the same properties as the Hua Xia Bank Card. All are free features for the first inter-bank withdrawal every day. I recommend this card more than Hua Xia Bank. Because the exchange rate of each bank is different, as mentioned above, Bank of China is 6.12, Huaxia is 6.15, and Hengfeng is 6.13. It has an advantage over Huaxia Bank in terms of exchange rate. However, considering that Hengfeng Bank’s coverage in China is very small and most of them are only available in the south, if you have Hengfeng, you can apply for a Hengfeng card. If you don’t have one, you have to choose Hua Xia Bank.
JCB Japanese Yen Channel Credit Card
About JCB, it is Japan’s equivalent of China UnionPay. JCB cards are only available as credit cards in China. Currently, the banks in China that can apply for JCB cards include Bank of China, Industrial and Commercial Bank of China, China Construction Bank, China Merchants Bank and China Minsheng Bank. Although these banks can all handle JCB cards, the only ones that actually use the JCB Japanese Yen channel are the Bank of China JCB Lucky Cat Credit Card and Minsheng Bank JCB International Student Credit Card. Others are marked JCB but follow the US dollar channel.
Card with VISA logo
This card is easy to say. The VISA US logo covers the whole world. Some people asked why we still need to use VISA when we have JCB. In this way, when we register for some exams in Japan, such as TOEFL, we need to go through the VISA channel when registering. You can use this card only for registration and nothing else. This credit card, which is easy to use from any bank, has the VISA logo. If you don’t want to apply for a credit card, it is recommended that you apply for a debit card with the VISA logo from China Minsheng Bank. There is no overdraft feature on this card. You can spend whatever you save. It takes a week to apply for this card
The Chinese website has relatively good online banking coverage
You can use the card we usually buy online or apply for a new one. What can this card be used for? For example, if we want to go home one day, we need to buy a plane ticket. Of course, a card with wide coverage on various websites is preferred.
China Bank Card
Sometimes you need to withdraw a lot of JPY from the card. Although Bank of China charges a handling fee for inter-bank withdrawals, if you get a lot of JPY, then using a Bank of China card seems like It’s more affordable than Huaxia and Hengfeng.
Of course, in addition to Chinese domestic bank cards, you can also apply for local Japanese bank cards.
Japanese Postal Savings Bank (Postal Savings Bank)
The Postal Savings Bank has the most ATMs in Japan. Ordinary post offices will have ATMs, and simple postal offices without ATMs can also use them. Passbook to withdraw money. Even if there are inhabited islands, there will definitely be a post office if there is no convenience store. 724365 is free of charge, and peer remittances at ATMs are also free.
Sumishin SBI Bank Card
The ATMs in 7-11 Japan (Subbank) 724365 are free of charge. Inter-bank remittances are free three times a month. Many other ATMs are 5 per month. Withdrawals are free and deposits are free.
The cards of the above two companies are believed to be able to cover almost all of Japan’s cash withdrawal and remittance needs. Therefore, applying for these two cards while studying in Japan is enough to cover various expenses in life.
When you go out, you inevitably have to spend a lot of money, so it is much more convenient to have a bank card. Not only can you accept transfers from relatives and friends, but you can also save your wages from working. For the sake of convenience, it is best to apply for a bank card, whether it is domestic or Japanese, to cope with financial problems
Question 3: What kind of bank card should I bring with me to study in Japan? Weilan Study Abroad recommends that you can bring Hua Xia Bank Any card of Hengfeng Bank or Jiuzhou Card (debit card) of Hengfeng Bank, credit card of JCB Japanese Yen channel, card with VISA logo and bank card with good online banking coverage on Chinese website. You can also get a Chinese bank card in addition
Question 4: What bank card should I choose to study in Japan? It is better and more suitable to remit money at home. It is best to apply for a Japanese card after coming to Japan, such as Bank of Mitsubishi and Sumitomo Mitsui. For consumption, UnionPay can be used directly in many shopping malls.
For cash withdrawals All the ones you mentioned are acceptable, and VISA is also acceptable. Bank of China has a branch in Tokyo. Just go to Bank of China and apply for a card with VISA.
Question 5: What should I do if I study in Japan for one year? A credit card costs 50 cents. Bringing a Japanese yen worth 10,000 to 20,000 yuan is definitely enough to buy daily necessities at the beginning. Of course, if you have special expenses, it will be extra.
2. In fact, international students in Japan Most of the time, I prefer to use cash, because there are no large purchases, and if you don’t plan to buy anything expensive, there are very few opportunities to swipe a card
3. If you only use a bank card If your parents save money and you want to withdraw it in Japan, I suggest you go to a Japanese bank and ask your parents to transfer the money you need for a year into it at once. If it is a domestic card, you need to pay it at home at that time A part of the handling fee is charged, and another part is charged when withdrawing cash in Japan. (Of course, some banks now also have special services. For international students, you can also consult carefully, such as Bank of China, HSBC, etc. These are better)
4. Bring a secondary card Yes, there is no handling fee, but you will have to pay more than exchanging local money for consumption. The reason seems to be because you have to buy US dollars first, and then use US dollars to buy Singapore dollars to repay. Regarding interest repayment, you have to follow the regulations of different banks. Interest rates will definitely have an impact. As mentioned before, they are first converted into US dollars and then converted into Japanese yen. When it comes to conversion, interest rates cannot be escaped.
I applied for a bank card after going to Japan. I have never swiped the card except for cash withdrawals. It is very convenient to apply in Japan. The key is that the handling fee is low. Some banks also waive the handling fee at regular intervals. You may consider taking a look at the policy.
It’s just a personal opinion. You should refer to the opinions of various parties~~
Question 6: What kind of bank card do you need to study in Japan? Many people are worried about what kind of bank card they need to get to study in Japan. My personal opinion is You don’t need to apply for any card in China. You can apply for it after you arrive in Japan. When going abroad, you are required to bring no more than 1 million yen in cash. I believe most people will not bring that much. It is good to apply for a card when you arrive in Japan. There is no need to China Office
Question 7: I am going to study in Japan soon. What kind of bank card do you usually bring with you to use Alipay and WeChat? Don’t you have one? Both of these can be used in Japan and there are discounts unless you are in the countryside
Question 8: What bank card should I bring with me to study in Japan? Can Bank of China use it? A UnionPay card will do. There are many ATMs in Japan that support UnionPay, especially in Chinese-populated areas, such as Ueno and Ikebukuro. Moreover, there is no interest in Japanese banks.
Question 9: What bank card should I apply for when studying in Japan? Good international students can open a bank account as soon as they come to Japan. Don’t worry if you can’t do it in the first half year.
It doesn’t matter if you apply for a card in China in advance.
If you do it in China, I It is recommended to apply for a Hua Xia Bank Card because with the Hua Xia Card you can withdraw Japanese yen directly from an ATM in Japan, and there is no handling fee for the first withdrawal every day. If you need to remit money, just ask your family to directly put ++ RMB on the card and you can withdraw it in Japan
If you open a bank account in Japan, all major banks in Tokyo should support international remittances. The handling fees will be relatively high. The specific charges of each bank are different
Question 10: Bank cards for studying in Japan How to deal with great people. . . Get living expenses from home every month. . .
1. The largest banks in Japan are Mitsubishi Tokyo UFJ, Sumitomo Mitsui, and Mizuho.
UFJ is famous for the convenience of overseas remittances, but the handling fees are not low. The overseas remittance fees vary from bank to bank, but the average fee is around 3,000-5,000 yen per time.
2. You are studying in Japan, why are you using a Chinese card? Don’t you open an account in Japan?
It is very troublesome not to open a bank account in Japan. Gas, water, electricity, rent, Internet, salary, etc. are automatically transferred directly to the account.
If you want to use a credit card, just apply for a credit card specifically for international students. There are no handling fees, exchange rates or other issues. I don’t recommend UFJ Bank. Their credit card applications are notoriously strict, unless you are very lucky. For Sumitomo Mitsui, it is relatively easy to apply. There are also many smaller credit card companies that offer many discounts such as points, but most of them have annual membership fees.
Finally, I want to ask a question because I am too curious. . No malice intended. Just curious.
Why does the poster need to get living expenses from China every month? Don't you work part time? There is no problem in supporting myself. If the tuition is not enough, I won’t bother my parents anymore.
It is not a small expense to support life in Japan with domestic money.
That’s it for the introduction of credit cards for studying in Japan.