Overseas travel credit card spending money doorways and more tourists try not to cash overseas

Overseas travel credit card spending money doorways and more tourists try not to cash overseas

Spring, the outbound tour will be opened one year curtain, the peak.
Go out to travel, carrying a large amount of cash not only by local customs restrictions, and there are security risks, with a few more bank card is the best choice. So, how to use the bank card more cost-effective when consumption abroad? Is a topic of common concern for many people who love travel. Recently, this reporter asked the provincial capital banking experts, various doorways overseas credit card, is your weapon.
Which country to go to brush which country currency
In which country to brush what kind of bank card is the most cost-effective?
In this regard, very refined Everbright Bank Taiyuan branch financial planner after summary: which country to go to brush the country currency is the most cost-effective, "go to Canada with the Canadian Dollar Card, to British pounds for card, to go to Europe with the euro card, otherwise, visitors must be in the middle of the currency exchange and expense. But in fact, now in addition to some special small currency card will Chinese bank card, such as the pound, the rest of the vast majority of bank cards only support dual currency renminbi and dollar card. Therefore, the foreign currency debit card is not realistic, then it is recommended to use a credit card when consumer spending."
Currently, most people hold a credit card for UnionPay, VISA, MASTER. Among them, the single sign is UnionPay cards issued by domestic banks, generally start with "62", in the overseas consumption only in the "UnionPay" logo of the business card consumption, but consumption or withdrawal can save the currency conversion fee.
After all, in addition to the local currency card, "UnionPay card" is a good card. Now, including China, Macao, Hongkong and South Korea, Japan, Thailand, more than and 60 Chinese tourism hot countries and regions have set up a "Cup" trading network. When the tourists in the overseas credit card if you see "UnionPay", the amount of consumption according to UnionPay announced exchange rate converted into Renminbi in credit card RMB account, no additional currency conversion fee, but also to facilitate home directly after the repayment of rmb.
The UnionPay network coverage limitations, most parts of Europe and the United States can use UnionPay card, use the "VISA" logo in these areas only card, this card is to "4" at the beginning, the overseas consumption occurred in non dollar area, the settlement accounts automatically from VISA dollars, "the settlement, to carry out a two purchase. Usually, the more the number of purchase, consumers bear the exchange differences are also more and more, the amount of the loss will increase accordingly."
If you hold a "Cup" and "VISA" joint dual currency cards, and no case of the country's currency cards, be sure to remind the cashier, as far as possible to take the cup network settlement, in order to save costs.
Non US dollar area consumption brush UnionPay card is the most convenient
Different cards at the time of foreign exchange of foreign exchange rules for different rules, which may produce a credit card to charge a two exchange fee.
If tourists in non Renminbi non dollar national or regional tourism, consumer credit card to pay special attention to, because the consumption of currency two times conversion problem in the local, the local currency into dollars or RMB can be accounted for. If by VISA, MasterCard and other credit card consumption line card, the local currency will default to the US dollar account, first put the country's currency conversion into dollars, swap charge consumption amount of 1% to 2% of the fee, and then returned to the repayment of rmb. The two swap, exchange rate fluctuations not only to bear the risk of tourists, but also bear the exchange fee.
Travel in the U.S. dollar, the use of UnionPay, VISA, MASTER and other international credit card credit card spending, whether the use of the RMB account or the dollar account? This depends on the exchange rate.
If the local consumption needs $1000, when the exchange rate was 6.3, with the RMB account consumption, only reduced a cross exchange rate, RMB account 6300 yuan; if crossed $1000 dollar account, after returning to the repayment date of the exchange rate to 6.6, is also 300 yuan; if the exchange rate was 6.1, after returning home, also may be less 200 yuan. Therefore, in the dollar area of consumption, the risk of exchange is the exchange rate.
Bank staff to remind, in non Renminbi non dollar area consumption, in order to avoid the risk of high cost, can save the trouble with UnionPay card, directly to the local currency converted into Renminbi, no additional swap fee, "UnionPay network channel, regardless of the country in which the consumer credit card, finally appeared is the RMB bills, foreign currency and Renminbi direct conversion, currency exchange cost savings. After returning directly to the repayment of the RMB can be used."
Outbound travel as far as possible not to take abroad
Foreign consumption, the direct payment of cash will not be more money than the credit card? Many visitors have doubts about this.
Industrial Bank Financial Planner introduction, international credit card exchange rate is based on the international credit card organization to purchase foreign exchange rates, more concessions, than for the individual purchase of foreign exchange rate so the consumer credit card to pay more money than the individual purchase of foreign exchange.