Which bank card is best for traveling abroad?

When traveling abroad, we often encounter some questions, that is, what kind of credit card should we choose? So, today the editor will take you to understand which bank card is more suitable for us to use when going abroad! For those who don’t know yet, let’s find out together!

Bring foreign currency change, debit card, and dual currency card

When traveling abroad, because you have to pay a certain amount of tips and self-paid items, you need to prepare enough change. If you don’t want to carry too much You can obtain foreign currency through overseas ATMs. Some foreign banks, such as Bank of China, ICBC, and China Merchants Bank, have overseas ATMs that can provide help when you are short of cash.

However, since most banks charge a certain amount of handling fees at overseas ATMs, it is best to swipe a card for outbound consumption, which is relatively cost-effective.

From the perspective of card security, you need to carry more than 2 cards with you. It is also best to carry a debit card with a certain amount of RMB stored in it, because it can also be used at overseas UnionPay card machines.

Dual-currency cards generally require you to bring one VISA and one MasterCard dual-currency credit card, so you don’t have to worry when traveling overseas.

Wherever UnionPay cards are accepted, try to use UnionPay logo cards

When traveling overseas, many areas can use currencies other than the US dollar for settlement, including pounds, euros, Hong Kong dollars, and Japanese yen. Etc., although some can use U.S. dollars for settlement, there will be currency conversion problems and a currency conversion fee will need to be paid.

And if you want to swipe your card through non-UnionPay channels, you need to convert other currencies into US dollars first, and then convert them into RMB. Since it has been converted twice, the conversion fee will be relatively high.

Therefore, when making purchases in overseas areas where non-USD currencies are used for settlement, try to use UnionPay cards. Before consumption, it is best to indicate to the merchant that you will use a Chinaunion card machine to swipe your card.

Currently, UnionPay's POS machines have a certain coverage in Asia-Pacific and some European and American regions, and are more suitable for non-US currency settlement, which is very suitable for our overseas consumption.

Try to consider giving away aviation insurance bank credit cards

Nowadays, most banks’ credit cards come with a certain amount of aviation accident insurance. Cardholders can choose the credit card that suits them for overseas travel.

European and American travel: choose the card type according to the currency

<. p>The currencies in circulation in European and American countries are different. At present, major domestic banks have launched dual-currency credit cards to meet the needs of different groups of people, such as the Euro cards launched by Bank of China, CITIC Bank, and China Minsheng Bank, the British pound card of Bank of China, and the Bank of China. JCB Japanese Yen Card and China Minsheng Bank’s Australian Dollar Card.

There are many ways to win the credit card battle when spending abroad.

What needs to be noted is that most of them are currently. The dual-currency credit card is a RMB/USD dual-currency credit card. Therefore, when spending money in countries where the common currency is not the US dollar, the accounting currency is the local currency. When settling, the local currency needs to be converted into US dollars according to the exchange rate on the day of consumption. When repaying in RMB, it needs to be converted into US dollars. U.S. dollars are converted into RMB based on the exchange rate on the day of customer repayment.

So when purchasing in Europe, you may wish to choose a Euro card. For repayment, you can directly purchase foreign exchange in Euros or RMB to repay, thereby successfully saving U.S. dollars. Exchange rate conversion is the link.

Travel to China, Hong Kong and Macau: UnionPay card is the first choice

Hong Kong and Macau are full of sex cities, and you want to hold on to your money under the temptation of delicious food, flagship stores, and sea-view rooms. It is not an easy task.

How to save currency conversion fees when swiping cards. Compared with MASTER and VISA international cards, you need to pay a handling fee of about 1% to the card issuer when making purchases, while UnionPay cards require a fee of about 1%. This saves you a lot of money.

In addition, since the payment currency of UnionPay cards is RMB, the payment 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 when swiping a card, but you can pay directly by signing! So please be sure to take good care of your bank card! When traveling abroad It is very necessary to carry several credit cards, which can not only make consumption safer, but also provide emergency overdrafts in case of emergencies.

Finally, cardholders should make credit card repayments on time to avoid overdraft. Affects credit limit and credit history.

Okay, if you still don’t know which credit card is more suitable for us to carry when going abroad, then consider the editor’s suggestions!