Three ways to waive credit card currency conversion fees

1. Choose the appropriate card organization and take the appropriate route

Currently, it is clear that there is no charge for currency conversion. The card organization is UnionPay. If international roaming is activated, you can receive a text message immediately after swiping the card, telling you how much foreign currency you spent and how much it is converted into RMB. It is very convenient for those students who don’t want to spend more time studying and saving money.

2. Choose the appropriate credit card account

Currency conversion fee occurs when the currency of consumption is inconsistent with the currency of credit card billing. If they are consistent, there will be no currency. There is a conversion fee. Indeed, if you want to spend money in the Eurozone, you can get a Euro dual-currency card, when you want to spend money in the United States, you can get a U.S. dollar dual-currency card, and when you want to spend money in Japan, you can get a Japanese yen dual-currency card. This problem will be solved. ICBC has launched a multi-currency credit card. One card contains 10 foreign currency accounts. When swiping these 10 currencies, you can directly debit it to the corresponding account of the credit card. One card can have 10 functions. But if you use currencies other than these 10, it is still inevitable.

3. Choose a credit card that is free of currency conversion fees

Many banks have launched credit cards that are free of currency conversion fees, such as China CITIC Bank’s all-currency credit cards and China Merchants Bank’s all-currency credit cards. Currency card. These are all exempt from currency conversion fees. If you are a large overseas credit card user, it is still worth it. If you use a lot of credit cards, you can save 1-1.5 in currency transfer.