wholesale fake chanel jewelry The difference between full currency card and dual currency card

designer imitation jewelry wholesale The full currency card is a credit card that supports the consumption of currency credit cards in multiple countries, and when the cardholders are consumed, all foreign currency transactions are automatically converted to RMB at the exchange rate. Just pay the money, it has no currency conversion fee.
The dual currency cards have two currency settlement accounts: bank cards with RMB and foreign currency accounts, but also not only have UnionPay standards, but also the logo of another card organization.
So the definitions of both of them are different. The entire currency does not mean that there are multiple currency settlement accounts. After consumption in different countries and regions, it will automatically convert to a credit card for local currency accounting. This is also people. Everyone needs to pay attention to the confusing points.
The other difference is that there is no currency conversion fee for full currency cards, and dual currency cards have currency conversion fees. It uses RMB settlement when swiping cards in China; when swiping cards to consume abroad, it will automatically settle in foreign currency and will be converted into US dollars or euros. When repayment, it will be converted again. It is generally charged about 1%to 2%.
[Expanded information]
The full currency card:
The international credit card (also known as all currency card) of China Merchants Bank is the SIGNATURE full currency international credit card issued by China Merchants Bank and VISA. The card supports the VISA line. Regardless of the currency, consumption or cash withdrawal will be exempted from 1.5%foreign exchange exchange fee. All foreign currency transactions are purchased automatically for RMB, and only need to be repaid with RMB. At the same time, the card has high travel insurance gifts.
The international credit card of China Merchants Bank only issued a VISA single currency card, only one card surface, which is a personal card product issued by China Merchants Bank for customers with overseas travel and online shopping. In order to provide cardholders with more overseas consumption card swipings, reduce customer overseas consumer currency exchange handling fees, better improve the customer experience, and strengthen the product positioning of China Merchants Bank credit card "Overseas Consumption Prelections".
B product function:
In in addition to the basic functions of China Merchants Bank credit card, China Merchants Bank's full currency international credit card also has the following functions:
(1) credit card service provided by VISA SIGNATUR Tens of thousands of special offers (hotels, catering, entertainment, shopping, leisure) exclusive courtesy in many countries and regions.
(2) consumption of all currency, RMB repayment. No matter where the card is held in the world for foreign currency transactions, it can be automatically converted to RMB accounts, and it only needs to be repaid with RMB.
(3) Consumption of all currency, exempt from currency exchange handling fees. Whenever, where, and what kind of foreign currency is used to consume or cash withdrawal of the card, it is free of 1.5%of the currency exchange fee.
(4) Gifts of high travel insurance. If you hold the card to purchase your own ticket or pay 80%or more, you can get free travel insurance and up to 2 million yuan of aviation accident insurance without checking any procedures and paying any fees.
dual currency card:
dual currency card refers to a domestic bank issued with two currency settlement accounts, namely RMB and foreign currency accounts, and with UnionPay and another international bank card organization logo logo Bank card.
This dual currency cards are usually paid in the domestic UnionPay settlement network with RMB for settlement currency, and can be paid by the settlement currency of the settlement currency for settlement currencies with a dual currency card standard. Countries with UnionPay networks can also use RMB settlement.
M common bank card organizations are VISA, (Mastercard), American Express, UnionPay, JCB and Diners Club. These six international bank card organizations have already been with major domestic major in China. Banks cooperate and issue bank cards.
In January 1, 2015, the magnetic strip card is suspended. The financial IC card is no longer allowed to issue a dual currency card. The dual currency card is used as a transition product, which ended its mission.