MasterCard is a kind of credit card. This credit card is the same as VISA card. Users can use it cross-border, but the settlement channel used after use is MasterCard. Usually the credit cards issued by domestic banks are UnionPay cards. After using UnionPay cards to make purchases, you can use UnionPay channels for settlement. However, MasterCard can also be applied for by domestic banks.

MasterCard is issued by the card issuing organization MasterCard, which is an internationally accepted credit system with its global headquarters in New York in the eastern United States. Committed to providing global consumers with a more convenient and efficient financial payment environment. All major domestic commercial banks are now members of MasterCard.

Usually MasterCard is not convenient to use in China because most merchants’ POS machines are UnionPay settlement channels. However, this card is more convenient to use overseas. If users often travel abroad, they can apply for such a credit card. Basically, domestic commercial banks have launched it.

Users can apply through bank counters, mobile banking, bank official websites, etc. When applying, they should pay attention to the various rights and interests included in the card, as well as the annual fee of the credit card. After using this kind of credit card, you can directly return the RMB, and the bank will convert the currency and then return the bill, which is very convenient.