Many cardholders believe that they have as many credit card accounts as they apply for. As a result, it wasn’t until I checked my credit report one day that I discovered that the actual situation was not like this. Why is this?

In fact, there is a multi-currency problem. For example, if you are applying for a commercial credit card, you can use dual currencies of RMB and US dollars. This type of credit card means opening two credit card accounts. Of course, there are also credit cards that are available in all currencies, such as RMB, US dollars, Japanese yen, euros, etc. This type of credit card contains several currencies, and several accounts will be displayed on the credit report. If this is your situation, even if you only have one full-currency credit card, your number of credit card accounts will be more than UnionPay single-currency cards.

But if you want a loan, be sure to make a good credit report. At this time, you need to reduce the number of accounts. When applying for a credit card, if you do not need to use foreign currency, it is recommended to only apply for a RMB account. If you want to apply for a multi-currency credit card, you still need to think carefully. If you don’t go abroad often, then don’t apply.