It’s okay to use Bank of China’s dual-currency credit card abroad, but it depends on which country you go to. If the U.S. dollar is not the main currency, your exchange rate loss will be relatively large.

When using a dual-currency credit card for consumption overseas, you have to pay a one-time currency conversion fee of 1%-2% of the total transaction amount, and you also bear exchange rate risks.

At present, most of the dual-currency credit cards provided in China are settled in RMB and US dollars. If you go to a place where you can neither settle in US dollars nor in RMB, you need to convert the local currency into US dollars. proceed to checkout.

After returning to the country, when repaying the loan in RMB, it is necessary to convert US dollars into RMB for calculation. In this way, two exchange rate conversions may occur, and there is a certain risk of exchange rate fluctuations, which may cause certain exchange rate losses to the cardholder.

I suggest that in order to avoid currency conversion fees when swiping cards overseas, you need to choose a suitable foreign currency credit card before traveling abroad. If you want to travel to Europe, it is best to choose a euro card, and it is best to choose a euro card when going to Japan. Japanese yen card, choose Hong Kong dollar card when going to Hong Kong.