VISA credit card of Shanghai Pudong Development Bank is not necessarily a dual-currency card. Definition of dual-currency card: refers to bank cards issued by many domestic banks with RMB and foreign currency settlement accounts and with the logos of UnionPay and another international bank card organization.

Common international bank card organizations include Visa, Master and AmericanExpress. The three major international bank card organizations have cooperated with major domestic banks to issue bank cards.

Extended data:

Dual currency credit card

(1) Definition: Dual-currency card refers to a bank card with both RMB account and foreign currency account. Most of these cards start with 4 or 5, and the "UnionPay" logo is affixed to the upper right corner of the card, and the VISA or MasterCard logo is affixed to the lower right corner.

(2) Advantages: Currency exchange fee/In the current situation that foreign exchange has not been fully liberalized, the dual-currency card has brought convenience to people's consumption settlement for outbound tourism. Make RMB and foreign currency freely convertible within a certain limit.

(3) Disadvantages:

At present, 95% of dual-currency cards issued in China are only used in China, and foreign currency account transactions do not exceed 5%/ currency exchange fee. Most of the foreign currency accounts of dual-currency cards are idle, and the channels of overseas card organizations are occupied in vain.