Can be used in other places.

1. There is no consumption fee for bank cards (including credit cards, quasi-credit cards, and debit cards) at all domestic merchants, which is also stipulated by China UnionPay.

Usually merchants pay bank fees ranging from 0.5% to 3%, and these fees are not allowed to be deducted from consumers' accounts according to UnionPay regulations. How much is the price of the goods consumed by the cardholder? The amount of consumption is only RMB, and there will be no additional handling fees, so you don’t have to worry about handling fees when using credit cards in other places. Once some merchants ask for additional handling fees, it is against the regulations, and you should report it to China UnionPay.

There are no restrictions on credit card swiping in other places. As long as there is a corresponding card swiping POS machine, you can pay with a credit card, and there is no additional handling fee. However, if you do not use the UnionPay channel when swiping a card overseas, swiping a U.S. dollar card at a non-U.S. dollar settlement merchant will involve currency conversion fees.

2. Most banks’ debit card (credit card) cash withdrawal fees are now uniform across the country. For example, China Construction Bank’s current cash withdrawal fees are uniform across the country. You can pay manually or at any CCB outlet in the country Banks charge a minimum handling fee of 2 yuan and a maximum of 50 yuan for cash withdrawals at UnionPay ATMs.

The interest rate for cash withdrawals is 0.05% daily interest. As long as you withdraw cash, no matter where you use any domestic credit card, including abroad, you will be charged 0.05% daily interest starting from the day of withdrawal. Interest, unless there is no interest on the day of withdrawal.