Can China Merchants Bank’s all-currency international credit cards be used normally in China?

Can be used on domestic VISA or MASTERCARD-marked devices. RMB consumption will be settled in US dollars and bills will be issued in RMB.

Due to multiple conversions, there may be exchange rate losses. It is recommended to apply for a UnionPay card for use within the country.

China Merchants Bank’s all-currency international credit card (also known as all-currency card) is a signature all-currency international credit card launched by China Merchants Bank and VISA.

This card supports VISA lines. No matter what currency, consumption or cash withdrawal will be exempted from the 1.5 foreign exchange fee. All foreign currency transactions are automatically purchased in RMB and repaid in RMB. At the same time, the card comes with high-value travel insurance.

China Merchants Bank’s all-currency international credit card (also known as all-currency card) is a signature all-currency international credit card launched by China Merchants Bank and VISA.

This card supports VISA lines. No matter what currency, consumption or cash withdrawal will be exempted from the 1.5 foreign exchange fee. All foreign currency transactions are automatically purchased in RMB and repaid in RMB.

At the same time, this card comes with high-value travel insurance.

China Merchants Bank’s all-currency international credit card only issues VISA single-currency cards with only one card face. It is a personal card product issued by China Merchants Bank for customers with overseas travel and online shopping.

To provide cardholders with more convenient card swiping for overseas consumption, reduce currency exchange fees for customers' overseas consumption, better enhance customer experience, and strengthen the product positioning of China Merchants Bank Credit Card as "the first choice for overseas consumption" .

Conditions for applying for China Merchants Bank’s full-currency international credit cards

According to the “Bank Credit Card Regulations (Ninth Edition)”, the conditions for applying for China Merchants Bank’s full-currency international credit cards are as follows:

Article 7 Chinese residents who are over 18 years old, have full capacity for civil conduct and have good credit standing, foreigners who are resident in China and have full capacity for civil conduct, and compatriots from Hong Kong, Macao and Taiwan who have full capacity for civil conduct can all apply with their own valid Apply for a credit card personal card master card from the card issuer with your identity document.

The main cardholder of the personal card can also apply for a supplementary card for a specific natural person with full capacity for civil conduct or a natural person with limited capacity for civil conduct. Supplementary card application materials must be confirmed by the primary cardholder's personal signature, customer service call recording, electronic signature, or a method mutually recognized by the cardholder and the card issuer. The main cardholder can apply to cancel the supplementary card at any time.

The supplementary cardholder and the principal cardholder*** use the same account credit limit. The principal cardholder can set the usage limit of the supplementary card in one billing cycle within the account credit limit. . All transaction amounts and corresponding interest, fees, etc. of the main card and supplementary cards are credited to the same account. The main cardholder is responsible for repaying all debts incurred under the main card and supplementary cards.

Extended information:

Notes on all-currency international credit cards:

1. The card has an automatic foreign exchange purchase function by default and cannot be canceled. Foreign currency consumption is in RMB. Repayment in account does not support repayment in foreign currency.

2. Foreign currency single-label credit cards do not currently support repayment through UnionPay channels (including transfers from other banks, over-the-counter transactions, Xinpay Lakala, etc.).

3. This card cannot be used on UnionPay lines or non-China Merchants Bank cooperative merchant machines. If you need to make transactions through the above channels, it is recommended to apply for other credit card products of China Merchants Bank.