You can use visa or MasterCard to make purchases abroad.

If you are going to the Eurozone or the United States, it is recommended to use a VISA card, because VISA has a better network of authorized merchants around the world. Professionals suggest that for overseas consumption not in Asia, it is recommended to use VISA or Mastercard.

Most of the credit cards issued by domestic banks are RMB/USD or RMB/JPY cards. There will be no currency exchange fees when used in the corresponding countries, but they will be incurred when used in non-USD and Japanese yen areas. There is an additional currency conversion fee of approximately 1.5%.

If you plan to travel and study in different countries, there may be more demand for the global functions of credit cards. In order to cope with this demand, some domestic banks have launched Global Pass credit cards. Any transactions made by consumers around the world with the card can be converted into accounts at 24-hour exchange rate, avoiding exchange rate losses.

In addition, don’t forget to apply for tax refund for overseas consumption. After using a credit card to make purchases in some countries, you can enjoy tax refunds after complying with local regulations. Don’t forget to ask for the relevant forms before shopping and provide your credit card number so that the tax refund can be transferred to your credit card account.

During the overseas discount season every year, in order to seize market share, each bank will launch special discounts for overseas consumption with credit cards. Some provide multiple points, and some give gifts. Before consumers go shopping abroad, it is best to do their homework in advance and choose the most favorable credit card type.