Hello, what should I pay attention to when applying for a credit card while studying in the UK?

Personally, I recommend China Merchants Bank and Bank of China. Bank of China’s card refers to Bank of China International Card, because Bank of China International is issued and managed by Bank of China in Hong Kong. I feel quite satisfied with the service. Secondly, as a bank that issues a relatively large amount of credit cards, China Merchants Bank has also accumulated certain experience in handling problems. China Construction Bank has cooperation with Bank of America. If you go to the United States, you can apply for one and save remittance fees. But it’s not a credit card, it’s a debit card—LeDangjia financial card.

Never put money on a credit card. There is no interest for depositing money into a credit card. In addition, although there is no interest for overdraft consumption on a credit card, interest will be paid on a daily basis for overdraft withdrawals, usually 0.5% per day. Even if you want to withdraw money from your credit card without overdrafting, you will still have to pay a cash handling fee, which is about 3% of the amount of each cash transaction. If you withdraw money from another bank in China, you will also have to pay an inter-bank handling fee. That is to say, if you want to withdraw the money you deposited, you will also have to pay a handling fee, which is not worth it!

Record the emergency hotline number of each card-issuing bank. International students should keep a record of important information such as the customer service phone number of the card-issuing bank, bank card number, and emergency phone number of the study destination, and carry it with them at all times. If you encounter an emergency and need services such as reporting a loss, replacing a card, or borrowing cash in advance, you can call the emergency rescue hotline of the card-issuing bank at any time and anywhere.

I hope it can help my classmates~