At present, when international credit cards are used in consumption abroad, transactions can be made through different lines, such as silver cards.
Union, Visa, MasterCard and so on. For ordinary consumers, if they want to enjoy the overseas free payment of UnionPay cards,
Conversion fees and other preferential facilities, you can choose a single logo UnionPay card, when using this card, because all its foreign currencies.
The fair will be converted into RMB according to the real-time exchange rate and credited to the RMB account of the international card to ensure that the cardholder can enjoy it.
Free of currency conversion fees and other preferential and convenient services.
Uni-logo UnionPay card is characterized by the "UnionPay" logo on the card surface, starting with 62. This card not only
Credit card spending can be exempted from currency conversion fee, and withdrawal can be paid to the issuing bank when withdrawing money through overseas ATM machines.
When withdrawing money from other networks, the handling fee is usually lower than that of dual identification cards. There are differences in bank settlement
Please consult before applying for a card.
At present, many dual-currency credit card holders believe that using dual-currency credit cards, RMB can be used to return foreign currency.
But this is not the case. According to industry sources, the foreign currency settlement methods of credit cards of various card-issuing banks are different.
Some credit card issuers can directly convert RMB in their cards into foreign currency for repayment, while others are just at the counter.
To purchase foreign exchange or provide telephone foreign exchange purchase business, the cardholder must go to the bank outlet to handle it, then enter it into the account, or enter the card in advance.
Deposit the equivalent RMB, and then call the bank. If the cardholder forgets to notify, RMB will not be automatically transferred.
Overdraft is converted into foreign currency to repay foreign currency. Therefore, the cardholder should ask clearly before handling the card.
Banks such as Industrial and Commercial Bank of China, Bank of China and Shanghai Pudong Development Bank stipulate that funds deposited in credit card accounts are preferred.
Used to repay the RMB account arrears. Overflow can only be used when there is overflow in RMB account.
Telephone purchase of foreign exchange for repayment, therefore, the cardholder must deposit enough funds to pay off the two accounts.
In addition, due to the real-time fluctuation of the exchange rate, it is recommended that cardholders be more relaxed when making deposits, because once they cannot,
Full repayment, all arrears will be charged at the interest of 0.5 ‰ per day from the date of consumption, which will bring benefits to cardholders.
Not cost-effective. It should be noted that the repayment of foreign exchange purchased by telephone may not arrive in real time. Return in RMB
For cards in US dollars or other currencies, due to the different provisions of the bank's arrival date, you should understand the provisions of the issuing bank's arrival date and try to repay the loan three days in advance. In case you repay the loan one day before the due date, the interest-free period will pass.
At that time, I had to pay a sum of interest and late fees.
How do I return US dollars to my credit card account?
Take your ID card to the counter, and RMB can be handled directly. When foreign currency consumption has generated US dollar bills, you can choose to enable the function of "purchasing foreign exchange with US dollar bills for repayment".
After opening, your RMB repayment will be automatically converted into US dollars, and your US dollar bill will be repaid first (the exchange rate is the exchange rate on the day you pay), and the repayment after the US dollar bill is paid off will continue to repay your RMB bill.
The credit card of China Merchants Bank will be repaid in US dollars. There are three ways for reference:
1. All-in-one cards and credit cards go to the counter to open the self-service transfer function. All-in-one-card purchases foreign exchange directly in US dollars, and online banking directly repays it manually.
2. If it is inconvenient to go to the counter, a credit card will be opened, and the credit card will be automatically debited after purchasing US dollars.
3. The credit card has the function of purchasing foreign exchange, and the one-card card is also RMB.
Extended data:
Matters needing attention in RMB-USD bill:
1. If the foreign currency transaction is not USD, it will be converted into USD by the international credit card organization and recorded in the USD bill. (In the above process, international organizations such as VISA and MasterCard will charge 1.5% foreign exchange handling fee. )
2. The amount of foreign exchange purchased in the current period cannot exceed the amount of the current US dollar bill, and the exchange rate for foreign exchange purchase is the US dollar selling price of China Merchants Bank announced on the repayment date 10.
3. If you set the function of purchasing foreign exchange for repayment of US dollar bills and the function of "automatic repayment" for US dollar accounts at the same time, your RMB repayment will give priority to purchasing foreign exchange for repayment of your US dollar bills, and the difference between the self-deduction amount (full or minimum) set for your US dollar bills during this period and the agreed foreign exchange purchase amount will be deducted from your designated US dollar automatic repayment account.
4. After the automatic purchase of foreign exchange is set up successfully, if the cardholder fails to pay off the US dollar bill on the due repayment date, and if there is RMB overpayment in your credit card, our bank will automatically deduct the corresponding amount from your RMB overpayment to purchase foreign exchange to repay your US dollar bill.