Here are some common sense about international bank cards, I hope I can help you!
Bank of China, Industrial and Commercial Bank of China and Guangdong Development Bank all cooperated with VISA and MasterCard, and launched three global bank cards: China Bank Great Wall International Card, China Industrial and Commercial Bank Peony International Card and Guangdong Development Bank Foreign Exchange Card. The three international cards used now can be subdivided into debit cards and credit cards. Their main differences are:
International debit card holders must open a foreign exchange account or deposit a certain amount of reserve fund in the bank in advance. After spending abroad, the bank will deduct the account from the card, and the cardholder cannot overdraw. The application processing time is generally 3 to 10 days.
International credit card holders can spend first and then pay, allowing overdraft, but the application time is long, because they have to evaluate the applicant's assets, occupation, credit history and other personal circumstances.
Experts suggest that if you travel abroad for a short time during the Spring Festival this year, it should be a good choice to apply for a debit card, because the procedure is simple and time-saving. Moreover, the annual fee for handling international cards is cheap, and the current handling fee is relatively low. However, if you want to enjoy the convenience of debit card and the function of credit card overdraft consumption, experts further suggest that you may wish to apply for a short-term foreign exchange card of Guangfa Bank. This card is a credit card. The procedure is as simple as that of a debit card. There is no annual card fee.
Let's take a look at the purpose and scope of use of international cards. Take MasterCard as an example. Handling this international bank card also has the following functions:
* You can deposit and withdraw cash at the foreign currency savings outlets of the national issuing bank;
* Cash can also be withdrawn from ATMs with MasterCard logo all over the world;
* Credit card consumption of more than 20 million MasterCard merchants worldwide;
* Enjoy domestic and overseas bank transfer services;
* Before traveling, book air tickets, train tickets, hotels and other services to the country in advance through the Internet.
International cards have so many benefits, how to deal with them? According to the insiders, you can apply for the Great Wall International Debit Card at 9 branches of Bank of China Shanghai Branch, such as Bund and Hongqiao, just by carrying your ID card or passport, and then filling out the application form at the relevant bank. You can also apply for peony international debit cards at more than 80 financial outlets of ICBC Shanghai Branch. Users who apply for short-term foreign exchange cards can go through the relevant formalities at Guangfa Bank Shanghai Branch.
If you want to know more about the international card process and related knowledge of the application bank, please remember the following hotline number:
Great Wall International Card of China Bank: 53854 140.
ICBC Peony International Card: 66 108502
Guangfa foreign exchange card: 6390 1988
Financial experts remind international cardholders to pay special attention to the following matters when using international cards:
* Try to use international cards for consumption and less international cards for cash withdrawal, which can reduce the handling fee for cash withdrawal;
* If the credit card is overdrawn, you should try to return the overdraft within the interest-free period of 20 to 60 days, so as to avoid paying extra repayment interest and affecting credit.
* Pay attention to the validity period of the international card. Once you receive the notice of card replacement from the bank, you should go through the formalities of card replacement in time.