1. Minsheng Bank MasterCard dual-currency credit card.

2. MasterCard dual-currency credit card is a cooperation between China Minsheng Bank and MasterCard (MasterCard) international bank card organization, launching a bank card with RMB and US dollar settlement functions. RMB settlement can be achieved domestically through UnionPay, and overseas You can then spend and withdraw cash at merchants and bank ATMs that support VISA or MasterCard, and settle in US dollars.

3. 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.

Disadvantages: 95% of dual-currency cards currently issued in China are only used domestically, and foreign currency account transactions do not exceed 5%/currency exchange fee

Foreign currency accounts of most dual-currency cards are In an idle state, the channels of overseas card organizations are being occupied in vain