What does dual-currency credit card mean? Important knowledge points are here Some netizens left a message asking what dual-currency credit card means. Credit cards issue card types with different ben
What does dual-currency credit card mean? Important knowledge points are here Some netizens left a message asking what dual-currency credit card means. Credit cards issue card types with different benefits based on different groups of people, and each card type also has different card levels. However, did you know that there is also a dual-currency credit card? Today, I will introduce to you what a dual-currency credit card is. First of all, credit cards can be classified in multiple ways. In terms of currency, they can be divided into single-currency cards and dual-currency cards. Generally speaking, in China, credit cards can be divided into two types, that is, the currency can be divided into dual-currency cards and RMB cards, and dual-currency generally refers to the two currencies of US dollars and RMB, or Euro and RMB. Secondly, let’s understand how to use a dual-currency credit card. Generally speaking, dual-currency cards in China usually use RMB as the settlement currency through the UnionPay settlement network. Overseas, you can use the settlement network of the international bank card organization designated by the dual-currency card logo to make payments in foreign currencies. In fact, the concept of dual-currency credit card only exists in China. If your card has the logo of the card organization, it can be used in this region, and the settlement is generally in the currency of the place of acceptance. At this point, do you know what dual-currency credit card means? Introducing , you can quickly and safely apply for various credit cards.