1. Whether there is a consumption fee for CMB VISA dual-currency credit card depends on the transaction channel you choose. If you swipe a UnionPay card machine in a store with the UnionPay logo in Japan, UnionPay will convert the Japanese yen transaction into RMB for accounting based on the exchange rate of the day. In this process, the handling fee for the transaction itself is borne by the merchant. At the same time, UnionPay There are no additional charges. Just pay back the RMB after returning to your country.

2. If it is a store without the UnionPay logo, you need to use a VISA card machine to swipe your card. VISA will convert the Japanese yen transaction into US dollars based on the exchange rate of the day. Although the handling fee for the transaction itself will be charged during this process, It is borne by the merchant, but VISA will charge a currency conversion fee of 1.5% of the transaction amount, which will be incorporated into the total transaction amount for accounting.

Cardholders can choose to pay back the amount in US dollars after returning to their country, or they can buy foreign exchange in RMB and then pay back the US dollar portion. If you exchange currency, there will be some exchange rate losses (the difference between the bank's selling price and buying price).

Extended information:

Whether you need to enter a password when swiping a card is determined by two conditions.

1. Whether the CMB credit card has enabled the transaction method of swiping the card with password + signature; after the CMB credit card is opened, the default is signature only. If you want to add the function of swiping the card with password, you need to call CMB to activate it. , after activation, you can swipe your card with password + signature.

2. If the card swiping channel used for transactions in Japan is a UnionPay card swiping machine, you need to swipe the card with a password + signature. If it is a VISA card swiping machine, even if you use a card swiping machine with a password, it will still be Just verify the signature.

China Merchants Bank - Bank Card Services

China Merchants Bank - China Merchants Bank Credit Card Regulations (Ninth Edition)

China Merchants Bank - China Merchants Bank VISA Credit Card