How to apply for a China Merchants Bank dual-currency credit card

There is only more than a month left in 2017, and many cardholders are still worried about applying for a China Merchants Bank credit card. If you don’t know which kind of credit card is best, I will introduce you to apply for a dual-currency credit card from China Merchants Bank. There are many dual-currency credit card products from China Merchants Bank, and some applications are not difficult. Let’s learn about the relevant matters of dual-currency credit card from China Merchants Bank.

1. What dual-currency credit cards does China Merchants Bank have?

China Merchants Bank has a variety of dual-currency credit card products, such as Ctrip Travel Credit Card, Air China Zhiyin Credit Card, etc. These credit cards usually have A prominent logo, there are usually two card organization logos on the card surface, usually consisting of the UnionPay logo + the international credit card organization logo.

So, when you apply, you only need to choose a credit card with both the UnionPay logo and the international credit card organization logo, and you are good to go.

2. The functions of China Merchants Bank’s dual-currency credit card

The functions of China Merchants Bank’s dual-currency card are similar to those of most dual-currency cards. The specific functions can be summarized as follows:

1. As a type of credit card, dual-currency cards have the functions of credit card consumption, cash advance, and consumption installments;

2. Many single-currency credit cards cannot be used abroad. If you hold If you have a dual-currency card, you can basically use it without any hindrance.

3. When shopping overseas, when using a dual-currency credit card, you can choose to swipe the card through UnionPay or the U.S. dollar path. When you need to repay after swiping U.S. dollars, you can pay back U.S. dollars if you have U.S. dollars, and you can repay U.S. dollars if you don’t have U.S. dollars. Just purchase foreign exchange and repay with the card-issuing bank;

4. In addition to enjoying UnionPay’s preferential merchant activities, dual-currency credit cards can also participate in visa or MasterCard activities.

3. How to apply for China Merchants Dual Currency Credit Card

The application process and method of China Merchants Dual Currency Credit Card are not significantly different from other credit cards. You can choose to apply at the counter or online. , since it is convenient and quick to apply for a credit card online, it is best to apply online if you want to save time.

The China Merchants Bank Credit Card Center will complete the preliminary review about a week after receiving your application information. After passing the preliminary review, a dedicated person will contact you and come to collect the application information. After the card is finally approved, the bank will Your credit card will be sent by express delivery, and it will usually arrive in your hands in about two weeks.

CITIC Q Enjoy Co-branded Card

(QQ members enjoy double points without threshold; free flight delay insurance)

China Merchants Bank Centurion Gold Card is double Is it a standard card?

Yes. CMB Centurion Gold Card is a dual-standard card. The China Merchants Bank American Express Centurion Gold Card is a credit card owned by China Merchants Bank. Cardholders can use various third-party channels for payment. The China Merchants Bank American Express Centurion Gold Card can be used domestically or overseas.

I applied for a China Merchants Bank standard credit card, why were two cards sent to me? How can I use the one on the right without the UnionPay logo?

The other is a full-currency card. If it is not used temporarily, you can choose not to activate it or cancel the card or account.

The staff of China Merchants Bank said that if a normal customer applies for a card, only one card will be issued. If the customer applies for a UnionPay single-label card, a full-currency card may be sent to the customer at the same time. There are VISA all-currency cards and other brands of all-currency cards.

But it mainly depends on the application method. Not every customer will automatically receive one when a card is issued. You can apply through the official client of Palm Life, WeChat, official website and other channels. Banks such as China CITIC Bank and Bank of Communications require customers to apply for a full-currency card before they can issue it for free. There are also some banks that will issue a full-currency card by default when a card applicant chooses a UnionPay single-label card.

China UnionPay has spread to more than 160 countries and regions overseas. Most of the time, cardholders can pay with one of the UnionPay chip credit cards. In a few countries, individual merchants will require that only Visa or MasterCard credit cards be used. Pay the bill. Therefore, if you receive a full-currency card and do not use it temporarily, you can choose not to activate it or cancel the card or account.

Extended information:

At the end of 2016, the central bank stopped dual-currency cards. In the future, there will no longer be a card with the logos of two card organizations. The withdrawal of dual-label cards from the stage of history also means the end of the convenience of “one card to travel the world”.

If you want to have credit cards issued by UnionPay, Visa, and Mastercard at the same time, you need to apply for multiple credit cards.

Before applying for a card, you can inquire with the bank whether an additional full-currency credit card will be issued. No, some banks can directly reject credit cards.

Ifeng.com - I applied for a credit card and the bank mailed two of them. What is going on?

What is the difference between China Merchants Bank dual-currency credit card and full-currency credit card? Which one is better

Do you know the difference between China Merchants Bank dual-currency card and full-currency card? Which one is better, China Merchants Bank Dual Currency Card or Full Currency Card? When should I use CMB Dual Currency Card? When should I use China Merchants Bank’s full-currency card? I will sort out the differences between China Merchants Bank’s dual-currency card and full-currency card for you, hoping to answer your questions.

What is the general limit of China Merchants Bank visa full-currency card?

1. Introduction to China Merchants Bank dual-currency credit card

Dual-currency, as the name suggests, means that the card has two currencies. , usually RMB plus US dollars, euros or Japanese yen. Dual currency cards refer to credit cards with both RMB accounts and foreign currency accounts. Generally, there is a "UnionPay" logo on the upper right side of the front of the card, and a VISA, JCB or MasterCard logo on the lower right side. Now, VISA or MasterCard dual-currency credit cards can be used in more than 200 countries, which makes it more convenient to find consumer merchants.

When a dual-currency credit card is used for domestic consumption, RMB settlement is used. If the card is used abroad, it will automatically enter the foreign currency settlement system. Depending on the type of card, it will first be converted into U.S. dollars or euros. If it is not U.S. dollars or Consumption in euros will be converted into the local currency for settlement, and it will be converted again when repaying. Because of the currency conversion, a fee of 1% to 2% will be charged. When you come back to repay, you still need to perform an exchange first, and another currency conversion fee will be incurred.

How about evaluating China Merchants Bank’s all-currency international credit cards? What are the advantages and disadvantages

2. Introduction to China Merchants Bank’s all-currency card

The main function of the all-currency card is to waive currency conversion fees and handle transaction needs in all currencies. No matter which country or place you spend, you can repay the money directly in RMB after returning home, eliminating the need to purchase foreign exchange. In addition, banks' all-currency international cards generally come with high-value travel accident insurance.

The advantage of China Merchants Bank’s all-currency card is that it can waive currency conversion fees. For example, when you use a RMB-USD dual-currency card to pay in Thai baht in Thailand, you will incur a currency conversion fee (of course, you will not incur such a fee when paying in US dollars or RMB), but a full-currency card will not. incur such expenses.

Full-currency cards not only combine the advantages of single-currency cards and dual-currency cards, but also avoid their shortcomings. Moreover, the multi-currency cards issued by various banks are free of annual fees. The only fly in the ointment is that all currency cards do not support the UnionPay channel for the time being.

However, the disadvantage of the China Merchants Bank all-currency card is that it is a single-label card (visa card) and cannot use UnionPay lines. This means that this card cannot be used within the country and can only be used within the country. For overseas shopping; dual-currency cards are generally dual-label cards and can be used normally within the country.

How do you review the China Merchants Bank Youth Credit Card? What are the advantages and disadvantages

3. The difference between CMB dual-currency credit card and full-currency credit card

The only difference between the two is the number of settlement currencies. For example, if the dual-currency card is UnionPay + VISA RMB + USD, then when shopping on Amazon in the United States, there is no difference between dual currency and full currency. However, if you shop on Amazon in Japan, the dual-currency card will first debit the Japanese yen you consume to your U.S. dollar account according to VISA's exchange rate + currency conversion fee on that day, and then you will repay the amount in RMB against U.S. dollars.

The dual-currency card can be consumed through UnionPay and international organization channels, while the full-currency card can only be consumed at VISA, which is inconvenient to use in China;

The annual fee for the full-currency card is permanently and unconditionally waived. The dual-currency card has a limit on the number of card swipes, and the annual fee will be waived after reaching the limit, but it is more convenient to use in China.

There is no currency conversion fee for consumption with the full-currency card. Overseas consumption with the dual-currency card through international lines will be settled in US dollars. If the consumption amount is non-USD, there will be an exchange fee between the two currencies, which is the transaction amount. If the consumption amount is US dollars, there will be no foreign exchange settlement fee.

To summarize, the choice between China Merchants Bank full-currency credit card or China Merchants Bank dual-currency credit card mainly depends on where you are going and what you will use it for. If you do a lot of overseas shopping, you can apply for a full-currency card. If you have domestic payment, If you need it, then a dual-currency card is more suitable.

China Merchants Young Card

(The first cash withdrawal of each month is free; the cash withdrawal limit is 100%; only applications under the age of 30 are allowed)

China Merchants Bank dual-currency credit card and all-inclusive What are the differences between currency credit cards and which one is better?

We often compare dual-currency credit cards and single-currency credit cards. The most critical difference between the two is that dual-currency credit cards are more convenient when shopping abroad. So, did you know that China Merchants Bank also has a full-currency credit card? What is the difference between this and a dual-currency credit card?

1. China Merchants Bank dual-currency credit card

A dual-currency credit card means that the card has two currencies, usually RMB plus US dollars, euros or Japanese yen. It has two currencies. account credit card. Generally, there is a "UnionPay" logo on the upper right side of the front of the card, and a VISA, JCB or MasterCard logo on the lower right side. VISA or MasterCard dual-currency credit cards can be used in more than 200 countries, making it more convenient for cardholders to find consumer merchants abroad.

2. China Merchants Bank All-Currency Credit Card

The main function of the All-Currency Credit Card is to waive currency conversion fees and handle transaction needs in all currencies. No matter which country or place you spend, you can repay the money directly in RMB after returning home, eliminating the need to purchase foreign exchange. In addition, banks' all-currency international cards generally come with high-value travel accident insurance.

3. The difference between dual-currency and full-currency credit cards

1. Different scope of use

Full-currency credit cards are generally single-label cards and cannot use the UnionPay route. , that is, it cannot be used in China, but dual-currency credit cards can be used in China.

2. Different charging standards

In terms of annual fees: dual-currency credit cards have a limit on the number of card swipes, and the annual fee can be waived only after reaching the limit; all-currency credit cards are unconditionally exempt from annual fees;

p>

In fact, whether to get a dual-currency credit card or a full-currency credit card depends on your needs.

This is the end of the introduction about CMB dual-standard credit card and the limit of CMB dual-standard credit card. I wonder if you found the information you need?