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Can I apply for a credit card only with visa and not with UnionPay?

Yes. At present, major domestic banks cooperate with the Visa organization and issue Visa single-logo cards. The details of the visa single-label card are as follows:

1. The visa single-label card is mainly used for overseas consumption. Because there are fewer domestic visa cooperative merchants, it is more convenient and cost-effective to use UnionPay cards for domestic card consumption. There are many overseas visa cooperative merchants, which are more suitable for visa card transactions.

2. Visa cards will not be affected when withdrawing cash from ATMs with the Visa logo at home and abroad. However, the handling fee for domestic cash withdrawals is higher than that for UnionPay cards.

Users who hold a visa card and pay in U.S. dollars for overseas consumption can settle in RMB after returning home, and they need to pay certain currency conversion fees and handling fees.