The three advantages of using UnionPay cards overseas are using UnionPay network to spend money by credit card or withdraw money by ATM.
material interests
-There is no need to pay the currency conversion fee accounting for 1%-2% of the transaction amount.
-RMB deduction for foreign currency credit cards to avoid multiple exchange losses.
-There are also opportunities to enjoy the preferential activities of UnionPay.
convenience
-RMB settlement, no need to purchase foreign exchange for repayment.
-There is no need to apply for a new card, and almost all bank cards with UnionPay logo in daily use in China can be used overseas.
-Enjoy Chinese customer service calls, and some countries provide convenient ATM Chinese interfaces.
safe
-Avoid carrying large amounts of cash to ensure personal and financial safety.
-Provide password authentication to ensure the security of transactions and accounts.
Special reminder: compared with credit cards, the ATM withdrawal fee is relatively low when using UnionPay debit cards overseas; Credit card consumption is not limited by credit limit, but only by account balance, which is more suitable for large consumption.
Please check the UnionPay card before leaving the country.
Your cards start at 62. If not, you can apply for a new card at the issuing bank.
Whether it is a debit card or a credit card, please sign on the signature strip on the back of the card. If not, please sign in advance.
In order to ensure acceptance, please consult the issuing bank in advance whether to open the overseas card service of UnionPay network. Please refer to the directory of issuing banks for details.
The scope of use of UnionPay cards abroad
The UnionPay network has been extended to countries and regions frequented by China people, such as Hongkong, Macau, Japan, South Korea, Singapore, Australia and New Zealand, the United States, Canada, France and Germany. For specific countries, please refer to "List of Countries and Regions that Open UnionPay Business".
UnionPay cards cannot be transferred and withdrawn at bank counters abroad, nor can they be withdrawn through merchant POS terminals.
The difference between merchants accepting UnionPay cards overseas and ATM.
Merchants and ATMs with the "UnionPay" logo posted overseas can use UnionPay cards.
Due to the practice in some countries, the UnionPay logo may only be displayed on the ATM screen. Please note. Some merchants or ATMs may not stick the "UnionPay" logo. Cardholders can actively ask cashiers whether they can use UnionPay cards, and at the same time, they can confirm whether they can use UnionPay cards through the logo of the cooperative organization on ATM. For details, please refer to the "Instructions for Card Use" in various countries or the UnionPay customer service hotline (955 16).
RMB deduction for foreign currency credit card consumption
If the UnionPay card is used overseas for consumption or withdrawal through the UnionPay network, the local currency amount will be directly converted into RMB amount according to the market exchange rate, and the issuing bank will immediately credit it to the cardholder's RMB account.
correlative charges
Cardholders spend UnionPay cards at merchants without paying any handling fees. (Except for local regulatory exceptions in some regions)
When using UnionPay card to withdraw money from ATM, the issuing bank will charge a certain handling fee. Please consult the issuing bank for specific fees. Some ATM institutions in some countries will charge a small amount of extra fees. The extra charge for this ATM is charged on a per-transaction basis.
Compared with other bank card networks, overseas use of UnionPay cards for consumption or withdrawal through UnionPay networks is free of currency conversion fees ranging from 1%-2%.
Overseas ATM withdrawal limit
For overseas use of UnionPay cards to withdraw money from ATMs, according to the regulations of the national competent authorities, the daily cumulative withdrawal of a single debit card shall not exceed the equivalent foreign currency of 65,438 yuan+0,000 yuan. Please consult the issuing bank for the cumulative withdrawal limit of credit cards. If it exceeds the withdrawal limit, it is likely to be rejected because it exceeds the limit. Please consult the issuing bank for details such as daily withdrawal times and withdrawal limit. The amount limit of ATM single withdrawal in overseas countries and regions is also different, subject to the local machine prompt.
Clever use of credit cards and debit cards
Overseas credit card consumption can be overdrawn and enjoy a certain interest-free period, but consumption is limited by credit line. Debit card consumption is only limited by account balance (except for personal consumption limit), which is suitable for large consumption. In addition to paying a certain handling fee, you also need to pay interest on the cash borrowed in advance. Therefore, it is recommended that cardholders use debit cards as far as possible for overseas withdrawals, and debit cards only need to pay a certain handling fee.
Signature and password
Whether it is a debit card or a credit card, please sign on the signature strip on the back of the card. When shopping by credit card, please sign your name on the shopping list for the cashier to check. Please enter the password when swiping the card, whether it is a debit card or a credit card; For a card without a password, you can directly press OK or enter any 6-digit number. Don't set your card password too simple. When entering the password, it is recommended to cover the password keyboard with your hand to prevent being photographed remotely.
When using UnionPay credit card (card number starts with 62) to swipe the card at a merchant other than UnionPay, if the transaction password has been set, the transaction can be confirmed by "signature+password"; For cards without transaction password, only signature is required for confirmation.
Loss report
If you lose your card abroad, please immediately call the issuing bank to report the loss orally, and then go through the relevant written procedures after returning home.
Swallowing card therapy
When the ATM breaks down, the cardholder makes mistakes or forgets to take the card, the ATM will swallow the card. After the card is swallowed, please go to the ATM outlet where the card is swallowed within 3 days from the next day (postponed in case of holidays) with valid documents (such as passports). If the card is not received within 3 days, the card will be destroyed, and the cardholder needs to apply for a new card from the issuing bank after returning home.
Wrong accounting treatment
In case of wrong account, such as debit when withdrawing money, but ATM doesn't spit money, or too much debit when spending, the cardholder should apply to the issuing bank for wrong account treatment after returning home.