All-currency credit card means that the credit card supports currency swipe consumption in many countries. When the cardholder is in consumption abroad, all foreign currency transactions will be automatically converted into RMB at the exchange rate, and the cardholder only needs to repay in RMB without paying the conversion fee.

foreign currency credit cards are used for overseas shopping, overseas investment, overseas travel, overseas study, etc. Compared with single currency foreign currency credit cards, full currency credit cards are more convenient for many countries and regions. One of its greatest attractions is that it can avoid exchange rate losses and the cost in the process of currency conversion.

many banks, such as China, agriculture, industry, construction and China Merchants, have launched all-currency credit cards, but most of them are US dollar cards, that is, when cardholders use all-currency credit cards, the credit cards will convert the consumption currency into US dollars, and then convert the US dollars into RMB. Among them, only the ICBC Global Travel Card has 1 accounts in other currencies.

it is worth noting that most of the "all-currency" credit cards we hold are "multi-currency, dual-currency, single-currency" credit cards, not real all-currency credit cards. Its * * * feature is that it is exempt from the "currency conversion fee". The difference lies in how many currencies are supported, that is, how many currencies can be used for repayment.

what are the requirements for all-currency credit card processing of China Merchants Bank?

1. The applicant is between 18 and 6 years old;

2. The applicant has a stable job and income source;

3. The materials and certificates that the applicant needs to provide when handling;

4. The applicant is a domestic resident and needs to provide a completed and signed application form, identity certificate, residence certificate and income certificate;

5. The applicant is a foreigner and a resident of Hong Kong, Macao and Taiwan, and an additional foreigner residence permit (the reason for residence must be employment) or a foreigner/Hong Kong, Macao and Taiwan employment permit is required;

6. If it is a private owner, in addition to the above information, it should also provide a copy of the business license containing the applicant's name, business name and opening date;

7. If you want to apply for a large-scale credit card, you need to provide proof of good economic strength, such as a copy of the real estate license and a copy of the automobile driver's license; Bank loan account (good credit standing, overdue for no more than 6 days) or copy of deposit certificate, etc.