The application procedures for dual-currency credit cards are the same as those for single-currency credit cards. Take China Merchants Bank as an example:
1. Application conditions:
Residents of mainland my country, The applicant must be 18 years of age or older (inclusive), have full civil capacity, have a stable and legal source of income and the ability to repay, and have good asset credit.
2. Application materials:
1. Proof of identity: usually the original ID card and a copy of the front and back. Military personnel need to provide a copy of the military ID card;
2. Work certificate: It can be the original work certificate issued by the unit where you are employed, or a copy of the work permit or badge, or a personal business card issued by the company;
3. Financial proof: it can be issued by a bank. Salary records, or income tax withholding certificates, or documents proving the market value of houses, cars, deposits and investments, etc., materials that can prove the applicant’s financial level;
4. Other supporting materials: personal social insurance in the past month Account list, water and gas bills, credit card bills from other banks, etc. Extended information
Functions of dual-currency credit cards:?
1. Free credit card consumption at home and abroad. Dual-currency credit cards have both UnionPay and foreign currency (visa, MasterCard, American Express, etc.) settlement channels, and you can also use the card to make purchases abroad.
2. Automatically purchase and repay foreign exchange. The dual-currency credit card has the function of automatic foreign exchange purchase and repayment. You can exchange foreign currency bills by depositing RMB, eliminating the trouble of manual foreign exchange purchase and exchange rate conversion.
3. Cash advance. Using a dual-currency credit card, you can overdraft and withdraw cash at all UnionPay network ATMs, visa and other foreign currency channel ATMs, meeting cardholders' cash needs anytime and anywhere.
China Merchants Bank-Credit Card Application Conditions