First, ICBC’s Peony student cards include VISA and Master, both of which are dual-currency credit cards in RMB and US dollars. They can be used to pay for overseas purchases on overseas shopping websites.

Second, there is no US dollar conversion fee for consumption through the US dollar channel, and the amount will be recorded directly in the account. After settling the bill, you can directly repay the bill by depositing U.S. dollars. If you do not have U.S. dollars, you need to deposit excess RMB for foreign exchange repayment. The repayment is converted according to the U.S. dollar selling exchange rate of the card issuing bank at that time.