The VISA credit card of Shanghai Pudong Development Bank is not necessarily a dual-currency card. The definition of dual-currency card: refers to a bank card issued by many domestic banks that has settlement accounts in two currencies, namely RMB and foreign currency accounts, and has the logo of UnionPay and another international bank card organization.

Common international bank card organizations include Visa, Master, American Express, etc. These three international bank card organizations have all cooperated with major domestic banks. Issue bank cards.

Extended information:

Dual-currency credit card

(1) Definition: Dual-currency card refers to a bank card with both a RMB account and a foreign currency account. The card number of this type of card usually starts with 4 or 5. There is a "UnionPay" logo on the upper right side of the front of the card and a VISA or MasterCard logo on the lower right side.

(2) Advantages: Currency exchange fees/Under the current situation that foreign exchange has not been fully liberalized, dual-currency cards bring convenience to people’s consumption settlement for outbound travel. Let RMB and foreign currencies be freely convertible within a certain amount.

(3) Disadvantages:

95% of dual-currency cards currently issued in China are only used domestically, and the foreign currency account transaction fee does not exceed 5%/currency exchange fee. The foreign currency accounts of most dual-currency cards are idle, and the channels of overseas card organizations are being occupied in vain.

Baidu Encyclopedia - Dual Currency Card

Baidu Encyclopedia - Dual Currency Credit Card