Question 1: Which bank card is best for consumption in the United States? It is convenient to swipe cards for consumption in the United States, but be aware that magnetic stripe cards are beginning to be phased out abroad, so you must choose a card with a chip.

If you have been abroad for a long time, you can choose to open an account in the United States. It may only be a small amount at the beginning. We recommend Citibank, which has bank branches, ATM machines, and various financial services all over the United States. The process of opening a bank account in the United States is basically the same as that in China. You need to fill in a form, show your ID, deposit a basic amount, set a password and other procedures. Citibank has launched a credit card for international students. Even those without SSN can apply for this green credit card. It should be pointed out that the system of Citibank in China and the system of Citibank in the United States are not connected.

There are already credit cards in China that have foreign currency functions, and they are also applicable in the United States. For example, Bank of China, China Merchants Bank, and some in the United States support UnionPay. You should check with the bank where you hold the card before going abroad. When going to the United States, you can also remit through Western Union of Agricultural Bank of China, or you can use MoneyGram business of Industrial and Commercial Bank of China. Domestic UnionPay debit cards (not dual-logo credit cards) can also be used as local ATM cards or debit cards in the United States.

Question 2: When I go shopping in the United States, which domestic cards can be used in the past? It is inconvenient to carry too much cash. At present, almost all debit cards with the "UnionPay" logo issued by domestic banks can be used in the United States, including salary cards and savings cards that everyone often uses in China. Since this business only started in the past two years, some debit cards issued earlier by banks still have "Only Valid in China" and "Only Valid in China" written on the back of the card. In addition, some bank staff are not very familiar with it. Know that these debit cards can already be used in overseas countries and regions such as the United States. So if you want to confirm whether the UnionPay debit card in your wallet can be used in the United States, you can call the China UnionPay customer service hotline: 95516 to inquire.

In addition, the commonly used dual-currency credit cards issued by domestic banks (the cards have VISA or MASTERCARD logos in the lower right corner; and the "UnionPay" logo in the upper right corner) can also be used in the United States, but they cannot be used through UnionPay. Online transactions can only be made through other bank card networks. Therefore, when you travel to the United States, you can carry both a UnionPay debit card and a dual-currency card. Try to use UnionPay debit card when you can. In this way, settlement in RMB is directly used, just like swiping a card domestically. Dual-currency credit cards can be used in places where UnionPay debit cards cannot be used, but you must remember to go through the repayment procedures for foreign exchange purchases after returning home.

Question 3: What bank cards are needed for online shopping in the United States? When shopping on American websites, you can choose a multi-currency bank card or credit card, either visa or MasterCard.

Although Amazon has opened the UnionPay channel payment function, most websites still do not support RMB single currency cards. Therefore, if you apply, you should still use US dollar dual currency cards, represented by ICBC. Some banks have also launched multi-currency cards, which are more convenient to use. For US dollar dual-currency cards, you will see three logos: Visa, Master, and American Express (Express). Generally speaking, there is no difference between the first two. However, for some websites where V&M card swiping often fails, use AE card to swipe the card. The pass rate is higher. Users who are new to applying for a card are recommended to apply for an AE card directly.

2. Bank cards for overseas shopping in other currencies

Although the United States is the main base for overseas shopping, with the decline of the Japanese yen exchange rate and the ultra-fast transshipment in Japan, Japanese shopping has also gradually Amazon, which has become the second battlefield and occasionally has amazing prices, is settled in British pounds. For these non-US dollar direct settlement websites, although you can pay with a US dollar card, you will need to pay a 1.5% currency conversion fee. If you buy too many things, it will be a big expense. At this time, you need to apply for a special daily payment card. Yuan dual-currency card, Euro dual-currency card, or simply apply for a multi-currency card.

3. Virtual Card

For students who do not have a dual-currency card and are too lazy to apply, you can consider using Tenpay’s “Virtual American Express Card” service.

4. Other payment channels

In addition to card payment, some websites also support Alipay or Paypal payment. Their payment range is not as wide as that of cards, but sometimes shopping on websites where orders may be cut off is But it is easy to pass, so it is recommended as a backup payment plan.

Question 4: Which credit card is best to use when going to the United States? Hello, if you have a credit card from our bank, if you hold a credit card from our bank with the VISA, MASTERCARD, JCB or American Express logo on the card, it can be used overseas (including Hong Kong, Macao and Taiwan) (including online payment). Credit card purchases overseas through international lines will be settled in U.S. dollars. If the consumption amount is non-U.S. dollars, there will be an exchange fee between the two currencies, which is 1.5% of the transaction amount. If the consumption amount is in US dollars, there will be no foreign exchange settlement fee.

VISA, MasterCard, JCB and American Express are all international credit card organizations. Among them, VISA has the widest coverage, and its authorized merchants are mainly concentrated in North America, Asia-Pacific and other regions; MasterCard’s authorized merchants are mainly concentrated in Europe and Southeast Asia. and other regions; JCB-Japan Credit Card Co., Ltd., its special merchants are mainly concentrated in Japan; American Express has issued Express cards in 49 currencies in 68 countries and regions, with more than 60 million high-quality cardholders around the world. After the application is successful, the basic functions of the cards are the same, but they use different card payment routes abroad, have different special merchants, and have different promotions.

If you have other questions, please add QQ corporate customer service 4008205555 or look for the WeChat public account "China Merchants Bank Credit Card Center" and add it.

Question 5: Which bank card is the most convenient to use when traveling to the United States? When traveling to the United States, it is best to have a dual-currency card. However, international cards from general banks (international credit cards, international debit cards) can also be used in the United States, such as Visa, MasterCard, and America Express. Now UnionPay cards can also be used in the United States, but there is a handling fee.

Currently, merchants in the United States that have opened UnionPay card acceptance business only accept UnionPay debit cards, but at American ATMs that have opened UnionPay card acceptance business, both debit and credit cards can be used to withdraw cash. However, credit card cash withdrawals require higher cash advance fees. Currently, in accordance with national foreign exchange management regulations, each debit card can withdraw US dollars equivalent to 5,000 yuan per day. During your stay in the United States, if you expect to need more cash withdrawals during the day, you can bring more UnionPay debit cards.

According to China UnionPay, citizens are reminded that debit cards are more convenient and affordable than credit cards in the United States. For purchases and withdrawals using debit cards, the exchange rate is based on the selling price of US dollars against RMB from domestic banks on the day of the transaction. Tourists do not need to deposit US dollars before going abroad, they only need to deposit enough RMB. In addition, there is no need to pay any handling fees when using a debit card to make purchases. When consuming, you only need to enter the password and do not need to sign the purchase form. By swiping your debit card, you can also get benefits such as gifts and cash back at many merchants.

Since the credit card payment environment in the United States is very different from that in China, those traveling to the United States should pay attention to the following related tips:

Most merchants in the United States do not post signs accepting bank cards, but merchants accept credit cards. As long as the machine has a keyboard for entering passwords, you can basically use a UnionPay debit card;

As long as there is a UnionPay, PULSE or CitiBank logo on an American ATM machine, you can use a UnionPay card to withdraw money. Moreover, many ATM machines have been equipped with Chinese operating interfaces;

When using ATMs to withdraw money in the United States, in addition to the handling fees charged by domestic card-issuing banks, American ATM operators will also charge a certain amount of service fees. However, the ATM machines of four banks including Citibank (CITI), PNC Bank, United Bank (UCB), and Chase Bank (CHASE) do not charge this fee;

The operation of American ATM machines is slightly different from that in China. , you need to insert the bank card into the card slot and then take it out before the operation interface will appear on the ATM screen. If you don't take it out, you can't operate it.

The following cards are all international debit cards. You can refer to: Bank of Beijing | Beijing Card Dual Currency International Debit Card | Dual Currency Card | VISA | RMB + USD Bank of Beijing | Beijing Card International Debit Card Debit Card|Single Currency Card|MasterCard|USD Bank of Beijing|Beijing Card VIP Card|Dual Currency Card|VISA|RMB + USD (VIP card, a higher deposit is required) Minsheng Bank|Minsheng International Debit Card|Dual Currency Card |VISA|RMB+USD (with regular card and VIP card) Industrial and Commercial Bank of China|Peony International Debit Card|Dual Currency Card|VISA ELECTRON|RMB+USD Shanghai Pudong Development Bank|Oriental Card International Debit Card|Single Currency Card|VISA ELECTRON| USD China Merchants Bank | All-in-one Card Gold Card, Platinum Card | Dual Currency Card | VISA | RMB + USD (VIP Card, requires a higher deposit) CITIC Bank | Wealth Management Silver Card, Gold Card, Platinum Card | Dual Currency Card | VISA |RMB+USD (VIP card, requires a higher deposit) Bank of China|Great Wall International Debit Card|Single Currency Card|Maestro|USD Hua Xia Bank|Hua Xia Foreign Exchange Card||Single Currency Card|Maestro|USD

Question 6: Which credit card to use in the United States? Every bank has a student annual card. The amount is relatively low, but it is easier to apply for. Nowadays, most cards have cash back or accumulated points. If this is your first credit card, it will be easier to apply for it at the bank where you opened an account. Bank of America, Chase, and Wefuls Fargo are relatively easy to apply for.

Question 7: What is the difference between single currency card and dual currency card for overseas consumption? First of all, single currency and dual currency refer to whether the accounting standard currency of a credit card is one or two.

What is an accounting standard currency? To put it simply, Chinese people use RMB for accounting, while Americans definitely do not use RMB for accounting, but US dollars. What about the Japanese? What about the French? Okay, let’s not go on. If you don’t understand this, don’t read on.

Secondly, when settling in single currency, settlement can only be done in one currency. As for dual currency, it is natural that settlement can be carried out in two currencies, but these two currencies are not arbitrary, but conditional. Here are some examples:

In China, the most common single-currency card is the UnionPay standard card, that is, the RMB single-currency card (there is only the UnionPay logo on the card, and the card number starts with 62). UnionPay has made great efforts to promote this kind of card, and there is absolutely no such thing as withdrawing from the stage of history. Use such a card to buy things in shopping malls and settle the payment in RMB. In other words, when you repay the money, you have to return the RMB to the bank. You pay back US dollars and people ignore you.

In China, the most common dual-currency card is the RMB + US dollar card (the card has not only the UnionPay logo, but also the VISA or MasterCard logo, and the card number usually starts with 43 or 52). With such a card, 99.99999% of purchases in domestic shopping malls are settled in RMB. However, there are rare cases where the account will be debited in US dollars, but the bill will eventually be converted into RMB (but such cases are extremely rare. The specific reasons will not be detailed).

If you use such a card to buy things abroad, you have to follow the differences on the card. Assuming it is a UnionPay + VISA card, it can only be swiped at POS machines with the UnionPay logo or POS with the VISA logo. Otherwise, the card cannot be swiped.

If you swipe your card at a POS machine with the UnionPay logo, it is simple and the same as swiping your card in China. If you pay at a POS with the VISA logo, you will eventually have to pay back US dollars to the bank.

But if the country you go to is not a country that settles goods in US dollars (for example, you go to Japan), then there will be a currency conversion problem for the amount you swipe (that is, convert the Japanese yen you swipe your card into The amount is converted into US dollars for accounting, and a currency conversion fee is charged. The specific rate depends on the card organization. Simply put, the fees charged by VISA and MasterCard are different). Of course, this process is completed automatically by the bank and does not require you to calculate it yourself. The bill is still in U.S. dollars.

In short:

1. It definitely does not mean that a single currency is RMB, and a dual currency is RMB + US dollar.

There are single-currency cards issued in foreign currencies in China, as well as dual-currency cards such as RMB + Hong Kong dollar, RMB + British pound, etc.

2. When used in China, there is no difference whether it is a single-currency or dual-currency card (of course, single-currency cards with pure foreign currencies are not included). All are settled in RMB. Generally don't expect to withdraw US dollars domestically (but not absolutely).

That’s the rough difference. I can’t help it if I don’t understand.

Question 8: When spending money abroad, which one is more convenient to use a credit card or a UnionPay card? Which one is more economical? Hello, if you hold a China Merchants Bank credit card,

you can use it abroad according to For the credit card organization logo on the credit card (such as: VISA, MASTERCARD, JCB, American Express, UnionPay), select the card swiping machine corresponding to the card swiping route to swipe the card. No additional card swiping function is required. When the card is swiped on UnionPay lines, the payment will be settled directly in RMB; when the card is swiped on international lines, the payment will be settled in US dollars. Since overseas purchases by credit card will be settled in U.S. dollars, if the consumption amount is non-U.S. dollars, conversion fees between the two currencies will be incurred. If the UnionPay line is used or the consumption amount is US dollars, no exchange settlement procedures will occur.

1. When using our bank’s credit card for consumption through international organization lines (i.e. non-UnionPay lines) in non-U.S. dollar countries, cardholders need to pay a 1.5% foreign exchange fee to convert the local currency into U.S. dollars, subsequent U.S. dollars deposited into the account already include this exchange fee (the American Express Centurion Black Gold Card and the American Express Centurion Platinum Card are settled at 2% of the settlement amount). 2. There is no foreign exchange fee for U.S. dollar consumption. 3. UnionPay single-currency credit cards are processed in accordance with the latest regulations of China UnionPay and the Bank.

It is better to use a credit card for consumption.

Question 9: Do I need to open any business to use a credit card to make purchases abroad? This depends on whether your credit card is a UnionPay credit card or one with the logo of a foreign currency card organization. The latter can be used directly abroad without entering a password. Because the card is issued in China, the password can only be used in China. When going abroad, It is an international card organization, so your password is useless, just swipe it directly.

Question 10: What bank card is convenient to apply for in the United States? 1. I think the ICBC VISA USD card is the easiest to use in the United States;

2. If it is your first time to go to the United States and stay for two years, you may be studying abroad. It is basically impossible to use it as soon as you arrive. You can apply for a credit card. Credit card approval in the United States places great emphasis on your past credit record. Banks will generally not approve your card if you have a blank record. You can first try to apply for some department store shopping credit cards and student-specific cards. The credit limit is very small, so you should first use this type of card to accumulate credit and then apply for a card from a regular major bank;

3. The interest and procedure for withdrawing cash with a credit card are too high. I don’t recommend it at all. I personally suggest that you apply for a debit card to save money after you arrive there. If you are paying tuition, wire transfers and checks are better.

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Actually, I The more recommended cards are ICBC and Bank of China cards, which have a high acceptance rate abroad. Moreover, if you are sometimes negligent and fail to repay the full amount, it will only calculate interest on the unpaid portion. Relatively speaking, China Merchants Bank has relatively few foreign card users. When we go on business trips, we usually make sure to bring an ICBC or Bank of China card, because the card systems of these two banks are relatively stable, and there will be no embarrassing situation where the card cannot be used unexpectedly.