Can the ICBC VISA card be used in China

Whether the ICBC VISA card can be used in China mainly depends on whether the credit card is a dual-currency card or a single-currency card. If it is a single-currency card, it only supports US dollars. For settlement, it cannot be used in China and can only be used when traveling abroad. If it is a dual-currency card, it can be used domestically.

ICBC VISA dual-currency card can be used at ICBC branches and special merchants, special merchants and ATMs with the "UnionPay" logo, and can be used overseas in more than 120 countries and regions with the "UnionPay" logo. More than 14 million merchants with the "VISA Electron" logo pay by card for payment.

The ICBC VISA card is valid for eight years. The annual fee for the first year will be deducted from the cardholder’s account by the card issuer after the cardholder deposits the first payment. The annual fee for each subsequent year will be The annual fee is based on the first year's annual fee collection date and will be automatically deducted by the card issuer when the balance is sufficient. If the card expires and needs to be used further, the cardholder should go through the procedures for replacing it with a new card. But which VISA card is better depends on the applicant's financial status and preferences.

How to use visa credit card

VISA credit card is a credit card jointly issued by the card-issuing bank and VISA International Organization. This credit card can be used at VISA authorized merchants around the world.

As long as the bank card with the VISA logo can be used within the VISA network coverage, VISA, like "UnionPay", does not itself issue cards. It represents a network that you hold. With a VISA card, you can perform card swiping services at ATMs and POS machines with the VISA logo.

Debit and credit cards can have the VISA logo on them.

VISA credit card repayment method:

1. Repayment by deposit at the counter, online bank transfer; 2. Repayment by ATM, CRS transfer or CRS deposit; 3. Repayment by third-party payment transfer payment.

The order of repayment is: service fee; late fee; over-limit fee; interest; cash withdrawal; installment amount that has been carried forward; transfer; loan principal for consumption; and installment amount that has not been carried forward.

Can the ICBC Visa Credit Card be used in China

Whether the ICBC Visa Card can be used in China depends on two perspectives.

First of all, it depends on whether your ICBC visa credit card is in single currency or in RMB. If it is a dual-currency card that supports RMB, it can be used in China.

Secondly, it depends on whether your usage scenario supports visa. Domestic ordinary POS machines or self-service machines and merchants generally cannot be used, but they can be used on POS machines or self-service machines that support Visa.

How to deposit money with ICBC visa card

It can be done at the outlets that handle foreign currency business. If the deposit currency is a non-foreign currency account currency, you need to convert the currency to the account currency at the outlet that handles foreign exchange transactions before making a deposit. You can also find the all-in-one access machine, insert the magnetic stripe of the card into the card slot on the lower right side, and enter the password correctly according to the prompts. Then click the back button (deposit), open the deposit slot, put the hundred-yuan banknotes neatly, and check the amount after counting. Confirm the deposit is completed. Find an all-in-one deposit and withdrawal machine, press the confirm button directly, click on the medium-free transaction and click on deposit, then enter the account number to confirm the account name, put in money to confirm the amount and the deposit is completed.

But it is best not to deposit money into your credit card. If you deposit too much, it is called "overpayment", but it can also be used for credit card consumption. Overpayment: This amount can increase the available limit of the credit card or be used directly for consumption repayment; if there is an overpayment in the credit card, the overpayment will be deducted first and then the credit limit. If the overpayment is greater than the consumption amount, then It will not cause an overdraft; for example, if you need to repay 900 yuan this period, and the actual repayment is 1,000 yuan, the extra 100 yuan is the overpayment; if you deposit money into the credit card in advance without consumption, then this part of the money is withdrawn. If you want to withdraw money that has not come out, you will be charged a high handling fee, so you should try to avoid it; overpayment does not accrue interest.

1. Application for ICBC visa credit card:

Basic requirements for applicants: over 18 years old, with full capacity for civil conduct; the employer is located where the card issuer is located and has a stable income and a fixed income Individuals who live in the city can apply for a Peony Card from the Industrial and Commercial Bank of China.

Those who meet the basic application conditions and one of the following conditions and can provide two contacts at the same time are eligible to quickly apply for a Peony Card through the green channel. The card-issuing bank will decide whether to issue a card quickly based on the applicant's credit evaluation. National public officials; ICBC personal wealth management account customers. Applicants should provide two contact persons at the same time. The first contact person is the spouse or immediate family member of the applicant, and the second contact person is a person with a fixed residence and stable occupation in the local urban area. The contact person does not assume guarantee responsibility for the cardholder.

Any inaccuracies and omissions in the application form and related information will affect the applicant's credit score and may result in the applicant's application being rejected. The bank has the right to decide whether to issue a card, the type of card issued and the credit limit based on the applicant's score. After receiving the card issuance notice from the bank, the applicant must go to the card-issuing bank with the original and copy of his or her ID card to go through the card collection procedures.

2. The difference between VISA card and UnionPay card

The main difference between VISA card and UnionPay card is that VISA and UnionPay are two different card organizations. Among them, VISA belongs to the United States, so its credit cards are mostly used for overseas consumption (most European and American countries can), but it is not easy to use domestically. Generally, only star hotels, high-end entertainment clubs and other places with VISA settlement channels can use the card. Since UnionPay belongs to China, its credit cards can naturally be used for domestic consumption, but are not suitable for consumption abroad (it can also be used in some Southeast Asian countries). It can be seen that the coverage area of ??VISA card organization is much larger than that of UnionPay card organization, and the degree of recognition is also very high. You also need to note that the numbers on cards organized by UnionPay generally start with "62", "60", and "9", while the numbers on cards organized by VISA generally start with "4" (cards starting with "5" belong to MasterCard, Cards starting with "3" belong to the JCB organization).

This concludes the introduction on how to use the Industrial and Commercial Visa Credit Card and how to apply for a Visa Credit Card with the Industrial and Commercial Bank of China. Have you found the information you need?