In the case of China Merchants Bank Credit Card, 1. After activating the function of recording foreign currency consumption in RMB, your foreign currency consumption will be automatically converted into RMB and credited to your RMB bill, effective immediately. You can log in to online banking - the RMB unissued statement interface 2 working days after the transaction date to check.

2. The conversion rate for RMB recording of foreign currency consumption is the exchange rate on the recording date of your consumption. Non-USD transactions will be converted by overseas card issuing organizations into US dollars first, and then converted into RMB for recording (settlement of foreign exchange amounts). The handling fee is charged at 1.5% of the settlement amount).