What is the best bank card to use when traveling to Taiwan?

What is the best bank card to use when traveling to Taiwan?

The simplest answer is, mainland UnionPay cards that do not charge fees! In other words, the issuing bank does not charge UnionPay cards for overseas withdrawals and transaction fees!

When withdrawing UnionPay cards from ATMs in Taiwan, as long as it is an ATM with the UnionPay logo, you can directly withdraw Taiwan dollars. Banks in Taiwan do not charge handling fees, so as long as your card-issuing bank does not charge , which means there is no handling fee. When you use UnionPay cards to pay directly in Taiwan, banks in Taiwan do not charge any fees.

Most hotels, restaurants, department stores, etc. in Taiwan accept credit cards, whether they are Visa, Mastercard, American Express, or UnionPay credit cards. Credit cards have certain fees or exchange rate conversion fees. Please Check the card-issuing bank yourself.

Weibo @ Taiwan Free Travel has compiled a very detailed guide on exchanging money, cash withdrawals, and credit cards in Taiwan, which is very worthy of reference for friends coming to Taiwan.

If you come to Taiwan for short-term travel, exchange, exchange, business, etc., you can save some money by having a useful UnionPay card.

In addition, UnionPay’s exchange rate is very conscientious, almost better than the exchange rate of most banks. Therefore, there are many benefits to using UnionPay.

The following are instructions for exchanging money, using money, swiping cards, etc. in Taiwan:

1. Exchange RMB cash for Taiwan dollars

1) Taoyuan, Songshan, Kaohsiung Xiaogang Exchange RMB for NT$ at counters such as Bank of Taiwan and Mega Bank at the airport: a handling fee of NT$30. Exchange Taiwan dollars back to RMB: handling fee is NT$100. There are nearly 100 bank counters for money exchange in Taoyuan Airport Terminals 1 and 2 before entering customs, at the baggage claim area, and after exiting customs.

2) Chunghwa Post (Post Office Savings Department) exchanges RMB for New Taiwan Dollars: no handling fee.

3) The limit for carrying cash in and out of Taiwan is 20,000 yuan per person. If you exceed the amount, you must declare it. The excess amount can be deposited with the customs and can be taken away when you leave. If it is not declared, it will be confiscated if found.

4) There are many banks in the city that can exchange money. There are currently 41 banks (2825 branches in total) and 140 foreign currency exchange institutions that can exchange RMB for New Taiwan dollars, such as: Bank of Taiwan, Cooperative Treasury Commercial Bank, Taiwan Land Bank, China Trust Commercial Bank, Yuanta Commercial Bank, Cathay Pacific Commercial Bank, Mega International Commercial Bank, Taiwan Small and Medium Enterprise Bank, Changhua Commercial Bank, Shanghai Commercial Savings Bank, First Commercial Bank, Taipei Fubon Commercial Bank, South China Commercial Bank, Kinmen County Credit Union, etc.

There is no handling fee for money exchange at these banks, but mainland tourists must present relevant identity documents, such as entry and exit permits (Taiwan Entry Permit), or dependent residence permits, or long-term residence permits before they can exchange money. , please have your documents ready when exchanging money at the bank. Some banks will also require you to present your Chase ID card or passport (Taiwan often requires dual documents).

5) Other places where you can exchange RMB for New Taiwan Dollars: Kaohsiung Dream Mall, Taipei 101 and other department stores.

2. Use a UnionPay debit card to withdraw Taiwan dollars directly

In Taiwan’s ATMs, you can withdraw cash directly with a bank card (not a credit card), and the exchange rate is higher than cash exchange.

1) Currently, more than 80% of the 16,100 ATM machines in Taiwan have the UnionPay logo, and they are located in ATMs in tourist spots frequently visited by mainland tourists such as the National Palace Museum in Taipei, Taipei 101, Sun Moon Lake, Alishan, and Taroko. , as well as ATMs with the UnionPay logo in convenience stores such as 7-ELEVEN and FamilyMart, you can use it directly. To withdraw Taiwan dollars with a UnionPay card (the RMB in your account will be deducted), if you can't find an ATM machine, you can go to a convenience store such as 7-11, FamilyMart or the post office. They all have ATMs with the UnionPay logo. Most ATMs in Taiwan can only withdraw up to NT$20,000 in a single withdrawal using mainland cards. The latest requirements from the Mainland China Administration of Foreign Exchange: cash withdrawals overseas with UnionPay RMB cards in China should not exceed the equivalent of NT$10,000 per card per day

2) There are more than 6,000 merchants in Taiwan that accept mainland China UnionPay cards, especially shopping places such as department stores, so you can rest assured. However, some street shops and night markets still require cash. The consumption methods that can be considered are: buy small things in Taiwan dollars, and pay large amounts of money directly with a card (credit card or UnionPay card), so as not to have to carry a lot of cash with you or have to find a place to change money all the time.

Information on charges and other information for overseas withdrawals with mainland bank cards (not the most comprehensive and up-to-date, friends should check by themselves before departure)

Tips:

1. Mainland China The Administration of Foreign Exchange issued new requirements: starting from 2016, overseas cash withdrawals with UnionPay cards will be limited to 100,000 per year, but there is no limit for overseas card swiping.

2. Since credit card withdrawals require overdraft interest, cardholders are advised to use UnionPay debit cards (deposit cards) for overseas withdrawals.

3. UnionPay debit card consumption guide

When going to Taiwan, don’t forget to bring a UnionPay card (starting with ++62, with the “UnionPay” logo on the card, the same below) . In Taiwan, you can use UnionPay cards to make purchases at tens of thousands of merchants, and there are often discounts.

There is no need to pay currency conversion fees when using UnionPay debit cards or making purchases or withdrawals through the UnionPay network overseas. The amount of New Taiwan dollar transactions in Taiwan with UnionPay cards from mainland China will be directly converted into RMB at the market exchange rate, and will be credited to the cardholder's RMB account immediately by the card-issuing bank. There is no need to apply for a new card. All bank cards with the UnionPay logo that you use every day can be used in Taiwan.

UnionPay business will be launched in August 2009

Local service hotline: 00801-863-287/00-800-800-95516 (for mobile phones only)

Scope of POS card consumption

All merchants with the UnionPay logo can accept UnionPay cards. A small number of merchants may not have posted the "UnionPay" logo. Cardholders can actively present their UnionPay cards and ask the cashier whether they can use them.

Merchant Features

Currently, more than 70% of merchants in Taiwan can accept UnionPay cards and have become UnionPay card merchants, including major department stores, restaurants, hotels, local specialty stores, and airport duty-free shops. , high-speed rail, Taiwan Railway and Taiwan fleet taxis can all accept UnionPay card consumption.

Accepted card types

UnionPay credit card (++ starts with "62", the card has the "UnionPay" logo printed on it)

Debit with the UnionPay logo Cards, including salary cards, savings cards, financial management cards, etc.

Warm reminder

If you use a dual-logo card, it is recommended that the cardholder actively asks the cashier to choose the UnionPay network to ensure that you can enjoy the various benefits of the UnionPay network. Since credit cards have certain consumption limits, it is recommended to use UnionPay debit cards for large purchases. Debit card consumption is only limited by the account balance. Special reminder: For self-protection, the consumption limit set by the cardholder or the card issuer may affect the consumption limit. Cardholders are advised to contact the card issuer for resolution.

Relevant charges

When using UnionPay cards to make purchases at merchants, cardholders do not need to pay handling fees.

4. Credit card consumption strategy

1. Most department stores, shops, hotels, hotels, restaurants, high-speed rail, etc. in Taiwan accept credit cards. The credit card is recognized regardless of the bank that issued the card. International credit cards such as UnionPay, VISA/Mastercard/AmericanExpress can be used as long as the card has these marks.

2. Credit card preparation: Before leaving the country, please call the bank hotline to report the place you are going to and the time of stay. If possible, it is best to leave your contact information or always pay attention to the bank's reserved email. When using cards overseas, please try to swipe them at regular, large merchants. Don’t let the credit card out of your sight. The back of the credit card must be signed. It must be used by yourself and not borrowed from others. When you have access to the Internet, please check your credit card statement through online banking to see if there are any unusual purchases.

3. When spending with a credit card overseas, is it calculated in US dollars? Taiwan dollar? RMB? Does each bank have different regulations? How much more service fee will be charged? What is the exchange rate? You can only ask your card issuing bank first.

Conclusion: Credit cards are a great tool for high-ticket purchases and for booking hotel rooms, etc. If you have a credit card, you can bring it with you when you come to Taiwan.

What kind of Hua Xia Bank cards can be issued in Taiwan?

Taiwan can only apply for debit cards of Hua Xia Bank. Moreover, this debit card is unavoidable in bank ATM machines. When withdrawing cash with a Hua Xia Bank card, a certain amount of handling fees will be charged.

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What kind of credit card should I apply for when going to Taiwan?

What kind of credit card should I apply for when going to Taiwan? Or bank card?

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1. Credit cards can be used in larger stores and restaurants in Taiwan, but in general, small restaurants and restaurants do not accept credit cards. Must pay cash. Overall, the chances of using cash are greater than using cards, unless you only go to high-end places.

2. Visa and MasterCard are the most commonly accepted credit cards in Taiwan. Many places do not accept JCB, AE, and Diners Club, and UnionPay cards are not accepted.

3. In addition to dual-currency credit cards, China Construction Bank has UnionPay + MasterCard’s Letangjia Platinum Card, which can be used overseas. The LeDangJia Platinum Card itself is a UnionPay card and does not require overdrafts. It is convenient for family members to deposit money into their accounts in mainland China and to use it overseas. Credit cards can also be used to withdraw cash from ATMs. However, no matter what kind of mainland card you use, you must pay attention to spending in Taiwan dollars first, then converting it into US dollars, and then converting it into RMB. The handling fee for the two exchange differences will definitely be higher.

4. Bring RMB cash to any major bank in Taiwan and you can exchange it for Taiwan dollars. If you can’t use up all the Taiwan dollars, you can exchange it back for cash in RMB with the original exchange slip.

5. If you stay in Taiwan for a long time, you can buy U.S. dollar traveler's checks, which are safer and the amount you can bring is higher. The exchange rate of Taiwan dollars you can exchange at the bank is better.

Consumer prices in Taiwan are relatively high, with a lunch box costing nearly 15 yuan, so be careful when considering this.

What credit card should I apply for in Taiwan?

Taiwan accepts almost all credit cards, but will bear transaction fees. If possible, try to use UnionPay cards, RT-Mart, Watsons and many stores can accept them. , no handling fee.

Do I need a credit card to travel to Taiwan?

As long as there is a UnionPay logo, it can be used in most areas if you choose to go on a tour. The settlement is based on the exchange rate between Taiwan dollars and RMB on the day. It is recommended to apply for a credit card, which is beneficial. Both VISA and MASTER POS machines can be swiped

Which card to swipe when going to Taiwan for accounting? Credit card and UnionPay are ok, but is it convenient? Or MasterCard, please tell me in detail, thank you

Generally, credit cards are MasterCard and UnionPay, Visa and UnionPay, one card. When going abroad, you must remember that if you can use UnionPay, you must use UnionPay. Nowadays, there are too many places abroad where you can use UnionPay. When I go to Taiwan, I also use UnionPay. Be sure to remind the waiter. Sometimes if you don’t tell them, they will help you use MasterCard. If you leave, For MasterCard and Visa, when you return to your country to pay back the money, you must first convert the local currency into US dollars and then into RMB. It is not cost-effective to pay back the money. After handing the card to the cashier, be sure to emphasize "Use UnionPay" ~I have been tricked by stupid waiters in Taiwan, Hong Kong and South Korea. They told me to use UnionPay or MasterCard~

Which credit card is more cost-effective to use when traveling to Taiwan?

Minsheng Bank’s credit card has activities such as Treasure Island Tour and U-Trust Travel. You can also enjoy it by swiping your card to sign up, and you will get a direct refund of 5,000 yuan in coupons.

Which credit card is best for traveling to Taiwan

UnionPay, VISA, JCB, American Express, Citi Diners Club, any one will do

It mainly depends on the settlement method. There are discounts, which vary from bank to bank

I found out two days ago that mainland credit cards actually charge an annual fee, and I have to repay 1,000 to 2,000 yuan a year. I was scared to death~ This is really amazing

Go When studying in Taiwan, which bank card or credit card is better?

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1. Credit cards can be used in larger shops and restaurants in Taiwan, but Generally, restaurants and small shops do not accept credit cards and must pay in cash. Overall, the chances of using cash are greater than using cards, unless you only go to high-end places.

2. Visa and MasterCard are the most commonly accepted credit cards in Taiwan. Many places do not accept JCB, AE, and Diners Club, and UnionPay cards are not accepted.

3. In addition to dual-currency credit cards, China Construction Bank has UnionPay + MasterCard’s Letangjia Platinum Card, which can be used overseas. The LeDangJia Platinum Card itself is a UnionPay card and does not require overdrafts. It is convenient for family members to deposit money into their accounts in mainland China and to use it overseas.

Credit cards can also be used to withdraw cash from ATMs. However, no matter what kind of mainland card you use, you must pay attention to spending in Taiwan dollars first, then converting it into US dollars, and then converting it into RMB. The handling fee for the two exchange differences will definitely be higher.

4. Bring RMB cash to any major bank in Taiwan and you can exchange it for Taiwan dollars. If you can’t use up all the Taiwan dollars, you can exchange it back for cash in RMB with the original exchange slip.

5. If you stay in Taiwan for a long time, you can buy U.S. dollar traveler's checks, which are safer and the amount you can bring is higher. The exchange rate of Taiwan dollars you can exchange at the bank is better.

Consumer prices in Taiwan are relatively high, with a lunch box costing nearly 15 yuan, so be careful when considering this.

How do mainlanders use UnionPay credit cards when traveling to Taiwan?

Mainland residents can directly use UnionPay credit cards when traveling to Taiwan.

Introduction to UnionPay cards:

1. Classification by type: can be divided into debit cards and credit cards

Debit cards

Debit card refers to a bank card in which the cardholder first deposits money at the card-issuing bank and then conducts transactions. Debit cards are easy to carry and can be used for deposits and withdrawals at bank counters or at ATMs, which is very convenient. You can also earn interest by saving with a debit card.

Credit card

A credit card refers to a bank card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. . The difference between a debit card and a credit card is that the credit card has a 3-digit CVV code printed on the signature strip on the back of the card.

2. UnionPay cards can be used in more than 140 countries and regions overseas

Currently, the UnionPay card acceptance network has extended to more than 140 countries and regions overseas. UnionPay cards can be used anywhere, and salary cards and savings cards can be used directly overseas.

3. No currency conversion fee, convenient and affordable

Using UnionPay cards abroad is free of currency conversion fees. UnionPay specifically waives 1-2% of the total card amount for cardholders. Currency conversion fee, if you spend 10,000 yuan, you will save 100 to 200 yuan. When traveling abroad, remember to choose UnionPay card or UnionPay network.

Can Taiwanese apply for credit cards/visa at China’s four major banks? What information does each bank need to provide? Please list them in detail.

Overseas personnel who meet the following conditions can apply for the card.

1. Identity documents:

We accept applications for primary cards from people aged 18-65 and applications for supplementary cards from people aged 16 or above.

If you are from Hong Kong, Macao and Taiwan: You need to provide a copy of the "Mainland Travel Permit for Hong Kong and Macao Residents" or the "Return Permit for Hong Kong and Macao Compatriots" or the "Mainland Travel Permit for Taiwan Residents".

2. Proof of fixed residential address (you can choose any of the following)

Copy of household registration card (book)

Water, electricity, Gas payment slips for the last three periods

Landline phone payment slips for the last three periods

Group dormitory certificate issued by the unit

House rental contract (agreement)

Proof of self-owned property

Residential property management fee payment receipt

Proof of address issued by the street

The last two credit card monthly statements or the last three Month's personal income tax payment certificate

Other supporting documents that can prove that the person has a fixed residential address

3. Documents proving financial resources (you can choose any of the following)< /p>

Official salary slips or income certificates for the past three months issued by institutions and enterprises (need to be stamped with company seal or department seal)

Copies of passbooks/bills issued by banks ( Salary entry information for the past three months needs to be shown)

Copy of personal income tax payment certificate for the past three months

Copy of social insurance withholding voucher

Copy of property ownership certificate

Copy of bank time deposit, current deposit slip/passbook

Is there anything wrong if my credit card from a bank in Taiwan is not repaid

If a bank credit card holder cannot pay back the loan

there will be a recurring interest rate, and the interest rate is very high

A lawsuit will be filed to seize the assets.

It is also possible to sell the debt and collect it from a debt collection company

Can I use the Bank of Communications UnionPay credit card in Taiwan?

In Taiwan, you can use UnionPay credit card of Bank of Communications.

1. As long as the organization logo on the credit card (UnionPay, MasterCard, etc.) is consistent with the card swiping device, the card can be swiped around the world without incurring any handling fees.

2. UnionPay cards are most suitable for consumption in Taiwan. The exchange rate is basically around 4.77. This eliminates the exchange rate loss between converting US dollars and then RMB using visa and master cards. It is convenient and fast. There are many, so try to use UnionPay cards even if there are multiple card payment channels.

3. In Taiwan, you can also withdraw money from ATMs with the UnionPay logo, but there is a handling fee. The specific amount depends on the charging standards of the bank where the card is held, so try to swipe the card.

4. You can consult the issuing bank of your bank card, and the customer service staff will give detailed answers and precautions.

What credit card to use in Taiwan?

Most of the UnionPay cards can be used. Most of them in Taiwan use Visa. In addition, with the Hua Xia Debit Card, the first payment every day is free of charge. .

What bank card should I use to make purchases in Taiwan?

If you use a CMB all-in-one card or credit card with the UnionPay logo, you can use it. In Taiwan, if there is a VISA or MASTER logo, you can also use it. Bank card with VISA or MASTER.

This ends the introduction about what credit cards are used in Taiwan and Taiwanese credit cards. Have you found the information you need?