1. What kind of credit card is better for traveling abroad?
I just gave a similar answer to other questions for your reference:
Generally used for traveling abroad. When it comes to credit cards, there are three aspects to consider: convenience, rates, and security.
1. Convenience: Visa, Master, and American Express are all available. You just need to check if there is a corresponding mark on your credit card. UnionPay is currently relatively easy to use in Southeast Asia, but less so in other countries.
2. Interest rates: The following are the interest rates of major banks, which may change. Please consult the card issuing bank for specific rates. Other city commercial banks have completely free rates, and you can also consider charging about 8 yuan per transaction.
Bank of China: 1.5(Visa/Master/AmericanExpress), 1(JCB), part 0
Industrial and Commercial Bank of China: 1.0(Visa), 1.1(Master), part 0
Agricultural Bank of China: 1.0 (visa), 1.1 (master's degree)
China Construction Bank: 1.5
China Merchants Bank: 1.5
Industrial Bank : 1.5
CITIC Bank: 1.5
Minsheng Bank: 1.5
China Everbright Bank: 1.7
Bank of Communications: 1.75
3. Security: Since you generally do not need to enter a password when using a credit card abroad, you only need a signature. As a result, credit card theft is serious, and rights protection is also very difficult. It is recommended to limit the daily consumption of credit cards, so that even if the credit card is stolen, the loss will be limited. Some types of cards can enable or disable overseas payment functions. Remember to close it when you get home.
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2. Is it better to use a credit card or a debit card when traveling abroad?
Chinese bank cards can be used abroad under the following circumstances:
1. Acceptable by VISA, UnionPay and MasterCard.
2. Ordinary debit cards with the UnionPay logo and international credit cards with the Visa and MasterCard logos issued by ICBC can be applied for and used overseas.
3. You can apply for an international card at Bank of China, which can use three currencies: euros, pounds and US dollars. You can only pay a deposit for this one. The amount of your overdraft depends on how much deposit you have paid, and the deposit will be frozen by the bank regularly.
4. Overseas branches of Bank of China and foreign ATMs and stores with the UnionPay logo.
3. Which credit card is better for traveling abroad
As long as it is a full-currency card and has joined an international credit card organization, you can use the card abroad.
Whether the card can be swiped depends on whether the card type corresponds to the label of the POS machine. Generally, foreign card organizations can swipe each other's cards. For example, if your card is a VISA card, you can swipe the American Express label on the POS machine. However, UnionPay cards can only be swiped at POS machines marked with the UnionPay logo.
There are several major credit card organizations, such as American Express, Visa, MasterCard, etc. Abroad, but domestically there is only UnionPay.
Famous international credit card organizations and famous credit card companies.
1. Visa
2. MasterCard
3. Diners Club (Diners Club)
4. United States Express (American Express Card)
5. Excavator
Visa MasterCard and Visa MasterCard are international credit card organizations. They do not issue cards themselves, but are issued by banks, which are members of the agreement. All major domestic banks have basically joined these two organizations.
Credit cards issued by domestic card-issuing banks include RMB and USD dual-currency credit cards. You can freely choose credit cards issued by MasterCard or Visa, which are members of the two international organizations.
4. What is the best credit card for domestic travel?
CITIC Bank Standard Credit Card Gold Card
Free flight delay insurance
Cardholder If you order air tickets through designated channels, you can get free flight delay insurance, with a premium of up to RMB 5,000.
Free aviation accident insurance
As long as you use CITIC Platinum Credit Card to pay 80 or more of the air ticket or group fee, you can get high-value accident insurance for free. The insured amount is as high as 15 million yuan, and all spouses and children accompanying the family are protected.
Annual fee: 200 yuan (waived in the first year, swiped the card 5 times in the second year)
Interest-free period: up to 50 days
Industrial Bank Friendship Business Travel Platinum Credit Card
Airport VIP room privileges:
You can enjoy VIP services at domestic and overseas airports six times a year for free.
Aviation accident insurance:
Within one year from the date of surrender, I pay the full amount of RMB 80 (inclusive) or more or the tour fee including the air ticket price by credit card, without any additional processing After completing the procedures, you can get aviation accident insurance up to RMB 10 million for free.
Advanced points:
10 points = 1 mile. Inter-group correlation
5. Which credit card is best for traveling abroad
When traveling abroad, having a full-currency credit card is almost an indispensable choice. The biggest advantage of the full currency card is that it can waive the currency conversion fee, which is usually about 1.5 of the consumption amount. It will be charged when the card is swiped through the network of international card organizations such as Visa/Master in non-US dollar areas.
Foreign currency consumption is recorded in RMB. This is the second biggest advantage of the all-currency card, because it can avoid a lot of troubles caused by purchasing foreign exchange. Most of the current full-currency cards have the above two advantages. Full-currency credit cards are usually single-label cards (that is, the card is only labeled by a certain card organization such as Visa or Master, and vice versa, they are dual-label cards labeled by any card organization such as UnionPay), and often need to be combined with UnionPay single-label cards. Apply.
As for dual-label cards, it depends on the specific situation. Some dual-label cards do not waive currency conversion fees, but some do like full-currency cards. Hope my answer can help you! Hello, both VISA and MasterCard are acceptable. They are the two main international credit card settlement systems.
China has joined these two international organizations. All domestic credit cards are basically labeled VISA or MasterCard. In addition, it also depends on which country you go to. For example, in Japan, JCB is the best and Japanese Yen is the best. For other European and American countries, either visa or master is acceptable.
Of course UnionPay debit card is also good and the most economical, but its popularity is not very wide.
6. Which credit card is easier to apply for when traveling abroad
Credit card or credit card
Overseas cash withdrawals: Debit card withdrawals only require payment of handling fees, while overseas credit cards In addition to the handling fee, you also need to pay interest on the cash advance. Therefore, it is recommended to use a debit card for overseas withdrawals.
Overseas consumption: Overseas card consumption can be overdrafted and enjoy a certain interest-free period. In addition, many of the bank’s discounts and cashback activities are mostly for credit cards. Additionally, some merchants in some markets can only accept credit cards, not debit cards. Therefore, it is recommended to choose overseas credit cards.
Chip or magnetic stripe cards
The biggest advantage of chip cards is security, which can effectively avoid criminal activities such as skimming, counterfeit cards, and card swiping. At present, there has never been any counterfeit card fraud incident caused by chip card duplication worldwide.
However, the pace of chip transformation in overseas markets is not entirely consistent. In places such as France and the United Arab Emirates, the acceptance rate of chip cards is close to 100, but in places such as the United States, most merchants still cannot use chip cards.
So, if you want to leave the country now, a composite card with chip and magnetic stripe is the best choice. You can use chip cards at merchants to ensure security. However, when encountering POS that has not yet undergone chip modification, merchants will automatically downgrade the transaction to use a magnetic stripe card to complete the payment.
Advantages of UnionPay cards
Currently, UnionPay cards can be used in 160 countries and regions around the world, covering most popular tourist destinations. These coverages are not limited to scenic spots and department stores. UnionPay cards can also be used in more and more daily businesses such as supermarkets, restaurants, public transportation, etc., making in-depth travel no problem.
For Chinese people, there is no currency conversion fee when using UnionPay cards overseas or making purchases or withdrawing money through the UnionPay network. The local currency transaction amount will be directly converted into RMB according to the market exchange rate. The exchange rate used by UnionPay is a relatively favorable exchange rate based on multi-channel and market-oriented principles.
In addition, UnionPay International USA’s global preferential system is becoming more and more abundant. Most discount merchants are popular among Chinese tourists, and value-added services such as tax refund and emergency cash support are also very practical.
Due to historical reasons, some UnionPay cards in your hand may have two brand logos on the card, which we call dual-label cards.
When traveling abroad, it is recommended that you carry a UnionPay single-label card with a card number starting with 62, which can ensure that you enjoy various preferential activities and value-added rights provided by UnionPay. In addition, in a few countries such as the United States and Canada, you do not have to choose a union
Thirdly, what is the correct way to use cards abroad
Can I use UnionPay cards?
Download the UnionPay International APP to check the acceptance status at your destination. Generally speaking, acceptance in popular tourist destinations is generally quite good.
When making purchases abroad, you can check whether there is a UnionPay logo on the ATM or POS terminal. If there is a logo, of course you can accept it. Due to the practices of some countries, the UnionPay logo may only be displayed on the ATM screen (such as Europe).
Of course, there are many stores that accept UnionPay cards but I don’t have a UnionPay logo posted. You can take the initiative to ask the store clerk.
Do I need to enter a password to swipe my card?
This situation is more complicated.
A. The first situation: domestic, overseas
Many friends are very curious. In China, you need to enter a password to swipe a credit card. Why can some out-of-town merchants keep this secret even though they swipe their cards? Is it safe?
Confidential transactions are a payment habit in some countries, such as the United States, South Korea, Japan, etc. When spending money in these countries, even if it is a credit card with a PIN, you will not need to enter the PIN, but the signature will confirm the consumption.
Most of the UnionPay cards issued by domestic national and regional banks support password-free cards (including the largest 15 banks). In other words, if you hold a UnionPay card issued by these 15 banks, you don’t need to do anything before going to a country that is exempt from confidential transactions.
If other bank card holders need to use password-free payment in these countries and regions, they can contact the card issuer before departure to cancel the transaction password so that overseas merchants can use it.
B. The second situation: domestic and overseas.
On the contrary, when using a password-less UnionPay credit card in some overseas regions, due to local industry regulatory requirements or system function limitations, the cardholder will be asked to enter any four or six digits. Sometimes the cashier will directly Tell the cardholder to enter six digits of 0s.
Generally speaking, if you use a UnionPay credit card abroad, you'd better:
1. Call the card-issuing bank to ensure that your card supports confidentiality;
2. You don’t need to pay special attention to whether to enter the password. You should trust the cashier's instructions and swipe your card boldly.
Is there anything I need to pay attention to when withdrawing money?
1. Pay attention to the withdrawal limit.
Use overseas UnionPay cards to withdraw money at ATM machines. The daily cumulative withdrawals from debit cards shall not exceed RMB 10,000 equivalent in foreign currency. If you need a lot of cash, it is recommended to bring more UnionPay debit cards.
2. Some secrets of ATM machines
According to regional customs, ATM machines in some countries and regions use the method of first returning the card and then spitting out money.
Please don’t forget to bring money.
When traveling abroad, we often encounter some problems, that is, what kind of credit card should we choose? So, today, the editor will take you to know which bank card we use when going abroad. For those who don’t know yet, let’s find out together!
Bring foreign currency change, debit card, dual currency card.
When traveling abroad, you have to pay a certain amount of tips and self-paid items, so you need to leave enough change. If you don't want to carry too much cash, you can withdraw foreign currency from ATMs abroad. Some foreign banks, such as Bank of China, Industrial and Commercial Bank of China, and China Merchants Bank, have overseas ATMs that can help you when you are short of cash.
However, since most banks charge a certain fee at overseas ATM machines, it is better to swipe cards for outbound consumption, which is relatively cost-effective.
For card security, you need to carry more than two cards with you, and it's best to carry a debit card with a certain amount of RMB with you, because it can also be used with overseas UnionPay cards used on the card reader.
Dual-currency cards generally require you to bring a VISA and MasterCard dual-currency recognition credit card, so you don’t have to worry when traveling abroad.
Wherever UnionPay cards can be swiped, try to swipe UnionPay logo cards.
Overseas travel can be settled in currencies other than the US dollar in many areas, including pounds, euros, Hong Kong dollars, Japanese yen, etc. Although some can settle in US dollars, doing so will cause currency conversion issues and require a currency conversion fee.
And if you want to swipe your card through non-UnionPay channels, you need to convert other currencies into US dollars and then into RMB. Due to these two conversions and exchanges
therefore, when making purchases overseas where non-USD currencies are used for settlement, try to use UnionPay cards. Before consumption, it is best to indicate to the merchant to use a Chinaunion card machine.
At present, UnionPay US POS machines have certain coverage in the Asia-Pacific and some European and American regions. They are more suitable for non-US currency settlement and are very suitable for our consumption abroad.
Consider giving away as many aviation insurance bank credit cards as possible.
Currently, most bank credit cards come with a certain amount of aviation accident insurance, and cardholders can choose their own credit card for overseas travel.
European and American travel: select the card type according to the currency.
The currencies in circulation are different in Europe and the United States. At present, all major domestic banks have launched dual-currency credit cards to meet the needs of different groups of people, such as the Euro card launched by Bank of China, China CITIC Bank, and Minsheng Bank, the British pound card of Bank of China, the JCB Japanese yen card of Bank of China, and the Australian dollar card of Minsheng Bank. Card.
There are many ways to win the credit card war for foreign consumption.
It should be noted that most of the current dual-currency credit cards are RMB/USD dual-currency credit cards, so the accounting standard currency of countries whose common currency is not the US dollar is the local currency. During settlement, the local currency must be converted into U.S. dollars based on the exchange rate on the day of consumption, and the U.S. dollars must be converted into RMB based on the exchange rate on the day of customer repayment.
Therefore, it is advisable to choose a Euro card for consumption in Europe. You can directly use Euros or RMB to purchase foreign exchange and repay, which can successfully eliminate the need for U.S. dollar exchange rate conversion.
Travel to China, Hong Kong and Macau: UnionPay cards are the first choice.
Hong Kong and Macau are full of sexy and urban atmosphere. Under the temptation of delicious food, flagship stores and sea-view rooms, it is not easy to keep one's money bag.
How to save currency conversion fees for credit card purchases? Compared with MASTER and VISA international cards, you have to pay a handling fee of about 1 to the card-issuing bank. UnionPay cards save you a lot of money.
In addition, since the payment currency of UnionPay cards is RMB, repayments can be made directly in RMB, which also brings a lot of convenience to cardholders.
Travel Tips
In many overseas areas, you do not need to enter a password to make purchases with a credit card, but you can pay directly by signing! So please be sure to keep your bank card safe! It is necessary to carry several credit cards when traveling abroad, not only to make consumption safer, but also to provide an overdraft in case of emergencies.
The final reminder is that cardholders must repay on time to avoid affecting their credit limit and credit history.
7. What kind of credit card should I apply for abroad?
When you go abroad, as long as it is MasterCard or Visa, no matter which bank it is, you can pay directly abroad. UnionPay cards are subject to certain restrictions, but they are still very convenient in some countries. Now some large state-owned banks and joint-stock banks have launched overseas credit card promotions, and you can choose according to your actual situation.
1. China Construction Bank’s Long Card credit card can enjoy up to 7 cash back rewards for overseas purchases, and earn 1 cash back after tax refund.
2. Use Bank of Communications VISA credit card to shop at Lotte Duty Free Store in South Korea and enjoy 50% to 150% discount on designated products. If you book designated Korean travel products on Ctrip, you will also receive a credit card payment in addition to RMB 1,000.
3. CITIC Bank’s all-currency credit cards can provide you with cash back5 when you spend 3,000 yuan overseas every month;
4. Customers holding China Merchants Bank VISAVIP cards in Europe You can enjoy an additional 10% discount and a 20% discount on bus tickets when you travel freely in the nine major shopping villages.
5. Everbright Bank customers can enjoy 5 times the points when spending overseas with the Everbright Overseas Preferential Card. In addition, some banks have launched exclusive credit card offers for air tickets and hotel purchases.
6. Ping An Bank launches buy one, get one free on selected international air tickets from Ctrip.
8. Which credit card is better for overseas travel
I ICBC Global Travel Credit Card Introduction Global Travel Credit Card includes two brands, UnionPay and MasterCard, including platinum and gold. It is a brand-new product with multiple currencies, cross-industry, wide coverage and high added value. Since its launch, the ICBC Global Travel Credit Card has been welcomed by many customers, especially international travelers. It is the best partner for customers traveling abroad, with one-card global selected preferential services in ten major industries including aviation, hotels, shopping and leisure, luxury goods, tourism, study abroad, airport VIP rooms, car rental, tax refund, and rescue. two. Advantages of ICBC Global Travel Credit Card 1. UnionPay and MasterCard have dual channels. There are many credit card channels, available in China, and you can repay with Alipay; 2. You can use RMB to purchase foreign exchange to repay, or you can repay directly in foreign currency, which is flexible; 3. It has a consumption cashback function, which is actually possible Rewards for swiping your card; 4. VIP room privileges are provided at airports around the world; 5. If automatic foreign exchange purchase is turned on, foreign exchange will be purchased automatically from the debit card on the repayment date; if automatic foreign exchange purchase is turned off, foreign exchange will be purchased manually and foreign currency exchange fees will be waived; 6 .No matter when and where you swipe your card, you will enjoy the unconditional exemption of currency conversion fees; 7. Using EMV standard chip media, the encryption is stronger, and the card is safer and more secure; 8. It integrates unique rights in the world And interests include the top ten airlines, the top ten hotel groups, the top ten high-end shopping, the top ten luxury brands, the top ten overseas study and training, the top ten travel agencies, tax refund facilities in 40 countries, emergency rescue in 70 countries, and Exclusive car rental and VIP services at 600 airports. At the same time, it also provides cardholders with more discounts on clothing, food, housing, transportation, travel, shopping, and education. In 2015, ICBC Peony Transportation Card will give you an ETC electronic tag when you purchase PICC car insurance. three. Disadvantages of ICBC Global Travel Credit Card: There is an annual fee. The annual fee for the gold card is waived if you swipe the card five times, the annual fee for the platinum card is 2,000, and the annual fee is waived for 200,000 purchases throughout the year.
9. What credit card should I get for traveling abroad?
The Friendship Platinum Card has a high-level credit card with a limit of more than 50,000 yuan from other banks, and has a good card payment record. You can also apply for the YouEasy Platinum Card of Bank of Communications, and the application approval rate will be relatively high.
10. Which credit card is better to use when going abroad
Nowadays, commonly used credit cards include: UnionPay card, visa card, and MasterCard.
Credit cards with the visa and mastercard logos are international credit cards, and there is no difference between using them abroad and at home. But if your credit card is a UnionPay logo credit card, it can only be used at corresponding UnionPay card machines or banks abroad. If you can use the UnionPay channel for consumption, try to choose the UnionPay channel to save currency conversion fees.
11. Which credit card is better for traveling abroad?
Shanghai Pudong Development Bank American Express Platinum Card has an annual fee of 200,000 points. Heng has many benefits, but the conditions for applying for the card are relatively high. Applying for the Shanghai Pudong Development Bank American Express Platinum Card requires good credit, and you can apply if you meet one of the following conditions:
1. Domestic applicants have an after-tax annual salary of more than 400,000 yuan, and overseas applicants have an after-tax annual salary of 650,000 yuan Above;
2. Have a credit card from another bank, held for more than 1 year, with a limit of more than 100,000 yuan, and a good repayment record.