When I use a VISA credit card in Hong Kong, can I repay it in Hong Kong dollars? Can I also repay it at an ICBC bank?

After spending overseas with an ICBC credit card, UnionPay channels For transactions recorded in RMB accounts, please repay in RMB; for foreign currency accounts with transactions recorded through non-UnionPay channels, you can return the corresponding foreign currency or handle repayment of foreign exchange purchases.

ICBC provides customers with a variety of repayment methods. You can choose any of the following repayment methods based on your personal circumstances:

RMB repayment method:

1 .Sign up for automatic repayment;

2. Deposit cash or transfer money through ICBC outlets or self-service equipment (except debit and credit card);

3. Telephone, online banking, mobile banking Registered customers can handle repayment or transfer repayment through corresponding online self-service channels;

4. Remittance through other banks;

5. Some units use financial POS to make financial reimbursements. Repay on credit card.

Foreign currency repayment methods:

1. Sign automatic repayment (including repayment by purchasing foreign exchange);

2. Registered customers of online banking and mobile banking can go through Use the corresponding online self-service channels to handle foreign currency repayment or foreign exchange purchase repayment;

3. Call ICBC customer service hotline 95588 to manually process foreign exchange purchase repayment. You need to use the same card's RMB account deposit to purchase foreign currency and repay the foreign currency in the same card. Arrears;

4. I or my immediate family members go to ICBC designated business outlets to transfer funds or deposit funds.

(Answer time: August 27, 2019. In case of business changes, please refer to the actual situation.)

BOC Hong Kong Credit Card Repayment Date

BOC The repayment date for credit cards in Hong Kong is 20 days after the statement date. The repayment date of Bank of China credit card is calculated based on the statement date. The repayment date is 20 days after the statement date. If the statement date is the 10th of each month, the repayment date is the 30th of each month.

No guarantor, deposit, or pre-deposit of cash is required to apply for a Bank of China credit card. You only need to fill in the Bank of China credit card application form and attach copies of identity documents, permanent residence certificates, and financial certificate documents. Bank of China credit card.

Point accumulation

Cardholders use Bank of China credit cards to make purchases at hotels, hotels, restaurants, entertainment, department stores, and other retail stores through the Bank of China Credit Card Center. Points can be accumulated for mail ordering and installment payment of goods. For every RMB 1 or USD 1 spent or cash withdrawn with a Bank of China credit card, you can get 1 point or 8 points for consumption.

However, the following items are not included in the calculation of points: annual revolving credit interest, late payment fees, installment fees and other fees, credit card cash withdrawals and repayments, related fees paid through withholding and payment, real estate , automobiles, wholesale, hospitals, schools, etc. as well as charity and social services, etc.

How to repay the Hong Kong dollar debt with a credit card? Is it cost-effective

Credit cards can directly use RMB to repay Hong Kong dollar debt. To directly use RMB to repay Hong Kong dollars, you need to activate the foreign exchange purchase function first. After activation, you can choose to repay in full or with the minimum repayment amount.

Steps to activate RMB repurchase and repay Hong Kong dollar debt:

1. Call the bank phone number on the back of the bank card, transfer to manual service, and request to activate the RMB foreign exchange purchase function;

2. Log in to the bank card personal center to activate the foreign exchange purchase function.

After returning to China, you need to convert the Hong Kong dollar exchange rate when purchasing foreign exchange for repayment. The timing of foreign exchange purchase and repayment is very particular. Visa is used, and MasterCard is used if the card starts with "5". There are two types of credit cards issued in China: single currency and dual currency. However, it should be noted that the cardholder cannot purchase foreign exchange and repay the card after returning to the country. However, when the RMB is depreciating, even if you use a UnionPay card, using Visa or MasterCard and other foreign card channels may be affected by short-term exchange rate fluctuations. Settlement and billing will be carried out according to its rules. If you use the UnionPay channel, this link will produce Additional fee - "Currency conversion fee", which is the handling fee charged when converting non-Hong Kong dollars into Hong Kong dollars. You only need to pay back the RMB directly when you return to your country.

It is recommended to use UnionPay channels when swiping cards overseas

If possible, use UnionPay channels. For cardholders: When traveling to Hong Kong, the exchange rate may not necessarily be the same as the day of purchase.

This fee is charged by international card organizations to the card-issuing bank. The highest fee is 2% at Shanghai Pudong Development Bank, and .75% for the larger the card amount. If you bring a dual-currency card, the bank usually converts it based on the foreign exchange rate on the day of entry. Therefore, it depends on the credit time of different merchants, but usually the card-issuing bank will pass this fee on to the cardholder.

You can save money by keeping an eye on the exchange rate and choosing a repayment date. In addition to currency conversion fees, you can repay directly in RMB. However, this fee will not be listed separately in the bill. A few of them are in single currency Hong Kong dollars when spending in U.S. dollar countries. Many cardholders believe that it will be more cost-effective to pay off their bills early or use UnionPay cards. However, some banks are different. For example, cards issued by UnionPay can be settled through UnionPay channels. In the process of RMB appreciation, this mainly depends on the changes in the RMB exchange rate. Currency conversion fees alone can save a lot. The exchange rate is also an issue that cardholders need to pay attention to when swiping their cards for consumption, which means different exchange rate conversions and Transaction fees. When swiping a card for consumption, it is reported that this will generate a "foreign exchange fee" or a "currency conversion fee", so this problem does not exist.

How to pay off a credit card in Hong Kong

Use Alipay to pay off. If that doesn't work, go to the People's Bank of China and exchange it for Hong Kong dollars. Then go to the counter to deposit. The founder of the ghost house goes back. Hope to adopt!

How to pay back the money after using a credit card in Hong Kong

The common credit card repayment methods in China mainly include the following categories (according to the cost):

1 , In-bank repayment

This repayment method mainly includes: card issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc. After repayment, the credit card limit will be restored immediately, and the payment will generally be credited to the account after the system processes it on the same day.

2. Mobile phone repayment

Mobile phone is a personal payment terminal of mobile financial system. It can be used to repay money directly by swiping the card, and can also perform transfers and other services. Instant payment!

3. Convenience store repayment

Convenience store repayment is mainly completed through the "Lakala" smart payment terminal installed in the convenience store. It usually takes 2 to 3 working days to arrive in the account, and there is no handling fee for repayment using this method.

4. Online repayment

The more common online repayment methods in China include: Baidu Wallet, UnionPay Online, Kuaiqian, Shengfutong, Alipay, Yipay, etc. Depending on the platform and bank you choose, the charging standards and specific payment arrival time will be different.

5. Inter-bank transfer

Inter-bank transfer/remittance repayment is mainly divided into two methods: inter-bank in the same city and inter-bank in different places. Regardless of the method of transfer or remittance, the remittance bank will charge a certain fee. At the same time, the time it takes for the money to arrive and the convenience of repayment are not as good as intra-peer repayment, online repayment, convenience store repayment and other methods.

6. Counter pass

Counter pass refers to the bank cards issued by various networked financial institutions, which can be used to make RMB transactions through the counters of other bank branches registered in the UnionPay exchange center host system. Current deposit and withdrawal transactions.

7. Lakala

Card holders can complete credit card repayments, mobile phone recharges, online bill payments, etc. through convenience stores, bank outlets or purchase "Lakala" device terminals business.

8. Xinfutong

The "Xinfutong" smart card swiping phone was independently developed by China UnionPay, certified by the Bank Card Testing Center, and provided by China UnionPay's inter-bank information exchange network. Innovative electronic products backed by service.

9. Repayment Tong

Use "Repayment Tong" to repay, and the fees are generally charged according to the fee standards for intra-city inter-bank transfers and long-distance inter-bank remittances stipulated by the local People's Bank of China.

10. Other methods

In addition to these repayment methods, card issuers have also opened their own unique repayment methods to facilitate cardholders' repayment.

Extended information

If you have a credit card with the UnionPay logo and use the UnionPay system to buy things in Hong Kong, then if you spend 1,000 Hong Kong dollars, the repayment after returning to the mainland will be about 883 yuan (daily exchange rates are different).

If you have a credit card with the VISA logo or MasterCard logo (a RMB/USD dual-currency card), swipe the VISA or MasterCard system when you arrive in Hong Kong, swipe 1,000 Hong Kong dollars, and pay back the US dollars when you return to the mainland. You have to repay about 131 U.S. dollars. If you don’t have U.S. dollars, you have to repay in RMB, which is about 895 when converted into RMB. So I have to pay an extra 12 yuan.

Baidu Encyclopedia: Credit Card Repayment

How to repay with Bank of China Hong Kong Credit Card

Currently, Bank of China has many ways to handle credit card repayment: you can go through Bank of China Active repayment through channels such as counters, automated teller machines (ATMs), and online banking transfers; or self-service repayment through inter-bank transfers, Alipay, and other channels; if you hold a Bank of China debit card, Great Wall credit card, or current demand card, you can also apply Automatic repayment.

This ends the introduction on how to repay credit cards in Hong Kong and how to repay credit cards in Hong Kong dollars. Have you found the information you need?