It's a very difficult and headache thing to manage the expenses of studying in New Zealand. It's easy to save money conversion fees by using credit cards. The most convenient way to study in New Zealand is credit cards. Let's take a look at what we should pay attention to when using credit cards.
tip 1: choose a dual-currency card or a single-currency foreign currency card that matches the settlement currency of the destination for studying abroad, so as to easily save the currency conversion fee.
Foreign currency credit card is the most useful payment tool for international students. However, before applying, it is necessary to comprehensively evaluate the worldwide popularity of card products, the number of special merchants and the distribution of outlets, so as to ensure the convenience of foreign credit card swiping.
At present, the foreign currency cards issued by domestic banks still occupy the mainstream. Experts studying in New Zealand advise international students to apply for a dual-currency credit card or a single-currency foreign currency card, and the currency of their foreign currency account should be the same as that of the destination, so as to easily save the currency conversion fee. At present, China Bank has issued foreign currency card products such as pound card, euro card and Hong Kong dollar card, which provides convenience for international students to study and live in non-US dollar areas. In this way, foreign students can use foreign currency to spend money by credit card abroad, and they can use RMB to purchase foreign exchange for repayment at home, which not only saves the currency conversion fee, but also avoids the exchange rate risk of a large number of foreign exchange exchanges in advance.
tip 2: the main card and the supplementary card should be used together, and the cards should be used rationally.
parents can apply for a supplementary card under their own credit card name for their children to use abroad, and set an appropriate credit line according to the consumption level of the destination country. In this way, students without credit records can also have their own credit cards, and establish a financial concept of controlling their own expenses within the credit limit. Parents can also learn about their children's expenses through transaction SMS tips and bank monthly statements, helping to cultivate their awareness of rational consumption. In addition, experts studying in New Zealand advise foreign students to develop a good credit concept, not only to ensure a good credit record by repaying on time, but also to inquire about their credit status in time.
Payment card products combine security and convenience. Maintaining rational consumption and purchasing only what you can afford by swiping your card are also the consumption concepts that have been advocated. If you don't know much about your expenses, it is suggested that you use written or online bookkeeping to know your income and expenditure, so as to reduce unnecessary expenses and better manage your personal property.
Tip 3: Keep your card in mind safely to prevent fraud and robbery.
When children live independently in a strange environment, the primary concern of parents is safety. Experts studying in New Zealand advise foreign students to take remittances out of the country in the form of bank cards, and spend mainly on credit cards on weekdays to fully ensure the safety of people and property. Many countries have completed the upgrade of EMV standard, so when applying for foreign currency credit cards in China, we should try our best to choose chip cards that meet this standard to prevent magnetic stripe copying and ensure the safety of credit card swiping. Online credit card spending has designed the clauses of "SecureCode Verification" and "Zero Liability" for risks, so that overseas cardholders can safely enjoy the convenience of online payment.
Of course, the safe use of the card depends on itself, so foreign students must take care of the card, and report the loss or report it to the card issuer immediately when the card is lost or when they encounter unauthorized transactions. In case of emergency, parents can apply to the issuing bank for temporary adjustment of the credit limit, and international organizations also provide cardholders with cash advance services in case of emergency.
tip 4: record important information and prepare for emergencies in advance.
I would like to remind international students to record the important information such as the customer service telephone number of the issuing bank, the card number of the bank card and the emergency telephone number of the destination for studying abroad. If you need to report the loss, change your card, advance cash and other services in case of emergency, you can call the emergency number at any time and any place, and the Global Service Center will provide cardholders with 24-hour help.
Tip 5: Pay close attention to the special items of studying abroad with bank cards
Many domestic banks not only designed international credit cards and debit cards for international students, but also introduced attractive special items of studying abroad at the same time, such as well-known airline ticket discounts, baggage over-consignment, baggage express discounts, etc., and often introduced corresponding credit card spending discounts for different markets.