2016 dual-currency credit card will stop issuing UnionPay, Visa, Mastercard credit card which is good

2016 dual-currency credit card will stop issuing UnionPay, Visa, Mastercard credit card which charge is low?

The 2016 dual-currency credit card will be discontinued. For the 2016 dual-currency credit card, what credit card is best for the credit card? What are the benefits? Which is better for UnionPay, Visa, and Mastercard? The following is a small series for everyone to introduce.

The dual-currency credit card is not only with the UnionPay logo, but also with the UnionPay channel, and with other card organization logos. It can take the credit card of other card organization payment channels, usually corresponding to RMB + foreign currency accounts, the more common double Credit card credit cards include UnionPay + Visa, UnionPay + Mastercard, UnionPay + JCB and so on.

Recently, the regulatory authorities have asked banks to suspend dual-currency credit cards, and basically they are no longer able to apply for dual-currency credit cards at banks. The dual currency credit card that has been issued will also be replaced with a single currency credit card upon expiration. The dual-currency credit card is about to exit the river.

For cardholders, the popularity of UnionPay payment channels is not as good as that of Visa and Mastercard. Generally speaking, there is a credit card issued by Visa or Mastercard, which is more convenient to swipe overseas. Therefore, in the short-term, for users who often have overseas consumer demand, the suspension of dual-currency credit cards will have a certain impact. To apply for a card outside the country, you need to apply for a separate Visa or Mastercard card.

So, what is the difference between UnionPay, Visa, and Mastercard credit cards?

Below, Xiaobian will come to explain for you.

Geographically, UnionPay is a card organization belonging to China. Visa and Mastercard are all card organizations belonging to the United States. Credit card numbers issued by different card issuers are different. Credit cards starting with 62, 60, and 9 are issued by UnionPay. Credit cards with 4 credits are issued by Visa, and credit cards beginning with 5 are issued by Mastercard.

In the use scenario, at present, only UnionPay cards can be swiped in China, and the UnionPay channel can be used. Visa and Mastercard cards cannot be used for RMB payment, but Visa and Mastercard can be repaid. If you have a UnionPay POS machine, you can use UnionPay card, RMB credit card, RMB repayment, currency conversion according to the exchange rate of the issuing bank; of course, you can also take Visa, Mastercard channel, brush USD, USD, USD Repayment or remittance of RMB purchases.

In terms of scope of use, the territory is of course the world of UnionPay. Outside the country, UnionPay cards are not as popular as Visa and Mastercard, and there are some differences between the two. Visa is more peers in the US and Asian countries, and MasterCard is more influential in Europe. Therefore, if you spend credit card spending in the United States and other Asian countries, you can bring a Visa card, and it is best to bring a Mastercard credit card in Europe.

The difference in rates: Visa card and Mastercard card rates are not much different, use these two credit cards to swipe overseas, if not for the consumption of the US dollar, a currency conversion fee will be generated, while UnionPay cards can be used Currency conversion fee reduction treatment. Visa and Mastercard cards have basically no annual fee except for some very high-end cards, while UnionPay cards have annual fees, but Jinpu cards can be used for card-free fees. In the calculation of overdraft interest, the current card types are the same, and the overdue interest is five thousandths of the daily interest.

Which card is better for UnionPay, Visa and Mastercard?

1. UnionPay card is recommended for GF-Platinum Platinum Card

Cardholders can enjoy "high-speed rail VIP courtesy"

Cardholders can enter the high-speed rail lounges of major cities such as Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Ningbo, Changsha, Shenyang and Dalian. In addition to GF's exclusive high-speed rail VIP room, cardholders can also receive a Dragon Card for free, and receive a gift of up to 4 times/year Longteng High-speed Rail VIP room.

GF Fazhen Platinum Cardholders enjoy 3 times points accumulation in business travel or overseas merchants.

As a Platinum card, GF Hair White not only has the advantages of high platinum card, high stakes, etc. What is important is that it can also be free of annual fees, and 3 cards are issued within 90 days of issuing cards. , swipe the card over 12 times (inclusive) and above for the annual fee.

2, Visa card recommended for China Merchants Bank Visa full-currency credit card

Any foreign currency consumption in the world is free of currency conversion fees, any foreign currency consumption is recorded in RMB, and RMB is repaid.

Unconditional annual fee exemption during the validity period.

Receive up to 2 million aviation accident insurance.

Add a Visa full-currency credit card and receive 388 Credit Card Credits.

If you are applying for a Visa full-currency credit card, you will receive a gift from the country (the Visa card will receive the Weige version, the MasterCard and AE cards will receive the Samsonite version) or the China Merchants Bank Credit Card 1000 points.

3, Mastercard card recommended for CITIC Bank MasterCard Titanium Credit Card

The Titanium Card is a card grade between the Gold and Platinum Cards and has a partial Platinum Card equity. The better place than the Platinum card is that this credit card is unconditional and free of annual fees.

Free currency conversion fee.

MasterCard cardholders can enjoy a 25% discount on shopping in Europe and America.

3 times points for overseas consumption.