It is more cost-effective to exchange RMB for Korean won in Myeongdong, but it takes time. The exchange rate for changing money is basically the online real-time exchange rate, and there is no loss compared with the credit card exchange rate.

However, there is a currency conversion fee of about 1.5% for swiping cards at home and abroad, which is equivalent to the handling fee, but it is not particularly high.

UnionPay cards can be used in large consumer places such as tourism and duty-free shops in South Korea. There is no handling fee, but the popularity is not as good as that of credit cards. Therefore, it is recommended to bring UnionPay cards, credit cards and cash.