I am going to study in the UK in three months. Is it necessary to apply for a credit card?

Nowadays, many people want to study abroad for further study. The editor feels that this is really a wrong development opportunity. However, the editor saw a netizen asking this question on the Internet. I am going to study in the UK in three months. Is it necessary to apply for a credit card?

1. Students do not have the conditions to apply for a credit card

First of all, everyone must know that students do not have the conditions to apply for a credit card. If you want to apply for a credit card, you can ask Your parents go to the bank to apply for a supplementary card for you or ask your parents to apply for a supplementary card for you. In this case, it will not delay your use of the corresponding functions of the bank card. In fact, I think you can apply for one locally. It will be more convenient to get a credit card and use it when studying in the UK in the future.

2. Whether to apply for a credit card depends on personal choice

Some people do not choose to apply for a credit card locally before studying abroad. Instead, they apply for a debit card at school after arriving in the UK. , in fact, the editor thinks that this method is also possible, and it is also very convenient to operate. After all, you are studying in the UK for your transactions, and you are also using the currency commonly used here in the UK. If you apply for a bank card in China, you will go to the UK in the future. If you go to use it, you may have to complete the corresponding procedures, which may be more troublesome, so it is more convenient if you choose to apply for a bank card directly near the school. However, the editor thinks that if you go to study in the UK, you will definitely receive money from your parents on time. If you have a domestic bank card, this will be more convenient.

3. Conclusion

Nowadays, people’s living conditions are getting better and better. Many parents want to create better educational opportunities for their children, so many people choose to go abroad. Studying abroad, if you have the corresponding conditions, the editor also recommends that everyone study abroad. After all, this is also a good opportunity to improve your horizons. If you don’t know whether you should apply for a bank card, the editor actually recommends that you consult the relevant local departments.

Do you need a credit card to study abroad?

Personally, I think you need a credit card to study abroad. Because you are away from home in case of emergencies, and it is not as convenient to buy air tickets and bus tickets abroad as domestically, you can buy air tickets and bus tickets with a credit card. However, just apply for a credit card. It doesn’t need to be many, and don’t use it for overdraft. If you get used to overdraft, your life will become more and more tiring, and you will be kidnapped by money for the rest of your life.

What’s the use of a credit card if you don’t overdraw it? Mainly for emergencies. Let me give myself as an example.

I personally did not apply for a credit card until 2006. At that time, I felt that I did not have strong self-discipline. I was afraid that I would overdraw if I had a credit card, that I would be unable to control my personal finances, and that I would spend money lavishly. After all, I would not worry about money when I swipe my card. At that time, I insisted that I was a "card-free person" and I was proud of it.

Later I encountered payment difficulties, and I couldn’t do it without a credit card.

Since 2007, the way money is paid has undergone major changes. I was young at that time, not yet forty years old, and I loved traveling very much. I couldn’t say that I traveled on a budget or as a luxury traveler. I was just like ordinary people, going out once or twice a year. I am usually frugal and save money just to go out and have fun. So I would choose to fly, which is faster and saves time (there was no high-speed rail at that time).

How to buy air tickets before 2007? Basically, you just call the airline, and then someone will deliver the ticket to your door, paying you the money in one hand and the ticket in the other. That person also has a currency detector (a round-trip ticket for one person usually costs a few thousand more, and even more for two people). But after 2007, you must pay with a credit card to buy air tickets. At the same time, you can no longer go to the bank to book hotels, etc., and you must pay with a credit card over the phone.

As a result, it is difficult for me to move forward without a credit card.

I still remember that I made up my mind to apply for a credit card because I wanted to take my old mother to Hong Kong in 2008. She had not been to Hong Kong before and wanted to broaden her horizons, but she had to have it to book a hotel there. credit card.

So I gritted my teeth and stamped my feet, broke my belief that I was a "people without credit card" and applied for a credit card.

From 2008 to now, more than ten years have passed, and I have only one credit card in my hand, and I will never apply for more. Moreover, the points of my credit card can be redeemed for air tickets. If you reach 10,000 points, you can redeem a long-distance air ticket from Guangzhou to Beijing, Xi'an, and Shanghai. If you want to go from Guangzhou to Harbin, it will cost more than 15,000 points. .

So after Alipay and WeChat Pay became popular, I still used to pay with credit cards because they require points.

Why do overseas study agencies require dual-currency credit cards?

Study-abroad agencies require dual-currency credit cards to pay application fees, which is unsafe. Contact the school yourself and ask for the deduction agreement, and then fax it to them or scan it.

Dual-currency credit card:

1. Dual-currency card is a bank card that has only appeared in our country in recent years. With the continuous development of our economy, the continuous improvement of people’s living standards As the economy improves, traveling and shopping abroad have become commonplace, thus creating widespread demand for bank cards that can be used for settlement. Therefore, many domestic banks have successively cooperated with international bank card organizations such as Visa and MasterCard to launch bank cards with RMB and US dollar settlement functions. RMB settlement can be achieved domestically through UnionPay. After going abroad, you can support Visa or MasterCard. Spend and withdraw cash at merchants and bank ATMs, and the settlement is in US dollars.

2. There are two main types of dual-currency cards: one is dual-currency credit card; the other is dual-currency debit card. A dual-currency credit card is a credit card with RMB and USD settlement accounts, and its functions are basically the same as single-currency credit cards. The dual-currency debit card also has RMB and US dollar settlement accounts, which can be used for savings, cash withdrawals and consumption in RMB and US dollars. It does not have an overdraft function.

: Advantages and Disadvantages of Dual Currency Credit Cards

1. Advantages of Dual Currency Credit Cards:

When foreign exchange has not been fully liberalized, dual currency cards provide people with Consumption settlement for outbound travel brings convenience. Let the RMB be freely convertible within a certain amount. It can save time and energy to a great extent, and there is no need to go to the bank to exchange currency before going abroad;

2. Disadvantages of dual-currency credit cards:

There are 95 dual-currency cards issued in China It is only used domestically, and the account transactions do not exceed 5. Most dual-currency card accounts are idle, and the channels of overseas card organizations are being occupied in vain. And some bank accounts also require annual fees.

The above is the dual-currency credit card introduced by Xicaijun, as well as its advantages and disadvantages. In fact, in general, dual-currency credit cards are definitely good, but you need to choose according to your own needs. If you need to go abroad frequently, it is definitely better to choose a dual-currency credit card.

This ends the introduction on why you need a credit card when going abroad and why you need a credit card installment plan when going abroad. I wonder if you have found the information you need?