Is there any difference between the two in China (including Hong Kong and Macau)? Are there many single currency credit cards now? Is it UnionPay card?
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Is there any difference between the two in China (including Hong Kong and Macau)? Are there many single currency credit cards now? Is it UnionPay card?
There are two types of credit card currencies and dollars in China Merchants Bank. If there are only UnionPay or overseas credit card organization logos on the card surface, it is a single currency card, and there are many single currency cards;
If in addition to UnionPay standards, there are VISA, and VISA, and VISA, and VISA, Master, JCB, and American Express Blue standards are dual currency credit cards.
The foreign currency single labels are only VISA, Master, JCB, and American Express Blue standards. There is no UnionPay standard. In the account, customers do not need to buy foreign exchange, and use RMB to repay directly, and do not charge 1.5%foreign exchange exchange fee.
The overseas consumption, swiping the card on the UnionPay line, will be settled directly with RMB; swipe the card on the international line and settle in US dollars.
The consumption overseas consumption will be settled in the US dollar. Therefore, if the consumption amount is non -US dollar, the exchange fee between two currencies will be incurred, which is 1.5%of the transaction amount. If the consumption amount is US dollars, there will be no foreign exchange settlement fee.
This in Hong Kong and Macau, you can confirm which route you can use with the merchant before swiping.
Single currency cards and dual currency cards refer to a credit card's bookkeeping base currency. Single currency card is also a domestic UnionPay card. As long as it is a POS machine that supports UnionPay receipts, the network payment platform can be paid, and ATM is cash out. The most common two -currency card is the RMB US dollar card. There is not only the UnionPay logo on the card, but also the logo of VISA or MasterCard. The single currency card is settled in RMB. The US dollar is settled in the US dollar. The repayment must be repaid, and the US dollar cannot be repaid directly with the US dollar account.
Dual currency credit cards can be used for shopping payment abroad and POS machines without UnionPay networks abroad. However, for domestic and Hong Kong and Macao regions, single currency credit cards are sufficient. The issued bank cards are all UnionPay cards.
Hello, original poster! I will answer you!
First of all, a single currency credit card, only UnionPay logo.
and the two -currency credit card also include VISA, Master, JCB logo coexist
This to teach you a simple judgment method. The account starts with 3, 4, 5 Is a single currency.
This is my answer! I hope my answer can help you!
A single credit card can only use the RMB in China and a dual currency credit card to swipe the RMB or go abroad to swipe the US dollar