1. The difference between the two is that in addition to the functions of ordinary credit cards, American Express cards have some more functions. For example, consumption through international lines will be settled in US dollars and can be used overseas (including Hong Kong, Macao and Taiwan). , you can use RMB for repayment after the bill is issued in US dollars.

2. American Express cards with VISA, MASTERCARD, JCB or American Express logos on their faces can be used overseas (including Hong Kong, Macao and Taiwan).

3. In addition to the functions of ordinary credit cards, the American Express card also has the following functions:

4. Overseas consumption by credit card through international lines will be settled in US dollars. If the consumption amount is For non-U.S. dollars, there will be an exchange fee between the two currencies, which is 1.5 of the transaction amount (2 for American Express). If the consumption amount is in US dollars, there will be no foreign exchange settlement fee.

5. If you need to repay your overseas consumption in RMB, you can enable the function of purchasing foreign exchange for repayment. After the application is successful, if the automatic deduction function is also set up, the system will automatically deduct the corresponding amount from the associated card for repayment on the final repayment date based on the US dollar cash selling price announced by China Merchants Bank.

6. You can also use RMB for repayment after the bill is issued in U.S. dollars. We will settle the bill according to the selling price of U.S. dollar cash announced by China Merchants Bank on the day of repayment.

Extended information:

Compared with ordinary bank savings cards, the most convenient way to use the card is to make ordinary purchases without cash in the card. In many cases All you need to do is repay the consumed amount on schedule.

You can use overdrafts without deposits, and you can enjoy an interest-free period of 20-56 days for on-time repayment without any interest charges (most banks will charge an interest of 50,000 cents on the day of cash withdrawal, and 2 handling fees, ICBC cash withdrawals are free of handling fees and only charge interest).

Swiping your card when shopping is not only safe and convenient, but also provides gift points.

You can enjoy discounts when you use the card at the bank's designated merchants.

Accumulate personal credit and add a record of integrity to your credit file that will benefit you throughout your life.

It is accessible nationwide and you can withdraw money or make purchases by swiping your card at ATMs and POS machines with the UnionPay logo; (Note: Credit cards are only suitable for consumption and swiping. It is best not to withdraw cash. The handling fee for cash withdrawals is very high and very inconvenient. Cost-effective)

Swipe your card for consumption, collect existing points with some credit cards, and offer a variety of discounts and lucky draws throughout the year, so you can always be surprised as long as you use your card; (most credit card online payments do not have points, but online shopping payments Very convenient and fast)

Free mailed statements every month, allowing you to transparently control every consumption expenditure; (now promoting green environmental protection, paper statements can be canceled and changed to electronic statements)

The unique supplementary card function is suitable for couples to manage finances at the same time, or to control their children's financial expenditures.

The free choice of one card and dual currencies is available all over the world. Overseas consumption can be repaid in domestic RMB.

400 or the 5-digit short number starting with 9 is available 24 hours a day. Loss reports are effective immediately and there is zero risk of losing the card.

Have validity period: It is known that the validity period of domestic credit cards is generally three or five years.

Use third-party platforms (the domestic platform that supports credit card bill management is mainly Jujindou) for business cooperation to provide cardholders with preferential services.

Baidu Encyclopedia - Credit Card