Current location - Trademark Inquiry Complete Network - Overdue credit card - Can I deposit Euro cash into a Euro credit card and spend it?
Can I deposit Euro cash into a Euro credit card and spend it?

Euro cash can be spent in euro credit cards.

Depositing into a credit card and paying off the foreign currency account of the credit card is also a way to handle small amounts of foreign currency.

The main consumption when going abroad is through credit card overdraft. Many people choose to repay the debt after returning home. Generally speaking, many people choose dual-currency credit cards, and foreign currency accounts are most often used. Go to the currency account of the country. After returning home, you can choose to repay the debt through a credit card foreign currency account. At this time, citizens can deposit the remaining foreign currency on hand into the foreign currency account of the credit card to offset the amount of foreign exchange required for credit card foreign currency repayment, and also save a certain amount of foreign exchange purchase fees.

However, if you are a citizen who often travels abroad, there is no need to exchange. Financial planners recommend opening a foreign currency account and depositing the remaining foreign currencies into this foreign currency account. It is not only safe but also earns a certain amount of interest. Income, of course, the interest rates for foreign currency deposits vary greatly among different domestic banks. It is best to choose a bank that is both convenient and high-interest-rate. When you need to use foreign currency, there is no need to exchange foreign currency. You can just withdraw the money from your account and use it. This method is stable, convenient and has certain benefits.

Returning tourists who hold a certain amount of remaining foreign currency on hand should try to avoid losing too much in handling fees during exchanges, and may also suffer a certain degree of exchange rate losses. If the method is chosen appropriately, not only can they increase It’s convenient and you can get certain benefits.

Spend up as much foreign currency as possible and it is difficult to exchange it at the bank:

Converting it into RMB is the first choice for many citizens to deal with foreign currency after returning home. If citizens have no plans to leave the country in the short term, there are many ways to exchange into RMB: First, exchange through official channels such as banks, which is safe and reliable, but the fees are also higher; second, exchange on the black market, the exchange ratio is higher, but it is safer. Hidden dangers; third, exchange directly to acquaintances and friends who have foreign currency needs, which can avoid some exchange procedures and fees.