UnionPay debit cards are generally used for local cash withdrawal, because credit cards will generate high interest. Do not use credit cards to withdraw cash unless absolutely necessary. At present, UnionPay has bilateral cooperation in more than 150 countries around the world. With UnionPay debit card or credit card, you can withdraw cash directly from the ATM of the local cooperative bank with UnionPay card. The exchange rate is calculated according to the real-time exchange rate of the day, but in many cases, a certain handling fee is charged for cash withdrawal, which is divided into two parts. Half is collected by local cooperative banks, which is generally unavoidable, and the other half is collected by UnionPay. However, some domestic commercial banks, especially regional commercial banks, can waive the handling fee for limited cash withdrawals, so debit card cash withdrawals are the most cost-effective. Before traveling in the province, a large number of local currencies are exchanged, and then they are converted into RMB when they return to China, resulting in exchange rate and handling fee losses.
I chose to use a credit card because it not only has an interest-free repayment period, but also has points. Although the usual points can only be exchanged for small gifts, the points of high-end credit cards are real money. Take Bank of Communications Platinum Credit Card as an example, commonly known as White Kirin, as shown in the following figure:
The rights and interests are as follows:
Double points for birthday month, five points for dining and entertainment on birthday day.
Points 18: 1 redeemable for five major airline miles.
There are six VIP services at Ward Airport and six VIP services at Longteng Airport every year.
You can apply for 3 supplementary cards for each main card and enjoy the airport VIP privilege free of annual fee.
You can enjoy drunk driving service six times a year for free. You must make an appointment three hours in advance, and the driver will wait for half an hour for free.
1) The maximum card loss guarantee for 72 hours before loss reporting is 65,438+10,000 yuan; 2) Aviation accident insurance, with a maximum of 6,543,800 yuan; 3)2-hour aviation delay insurance pays 500 yuan; 4) Family travel insurance, including accidental medical treatment, lost documents, delayed luggage, etc.
However, despite so many rights and interests, these rights and interests must be supported by annual fees. First year: within 45 days after checking the card, spend at least 3 transactions at will and all of them exceed 168 yuan, and the annual fee for the first year is exempted. The following year: if the ranking is up to standard, the annual fee for the following year will be exempted; The annual fee of Ward wealth management customers is halved in the following year, that is, 500 yuan/year; Or deduct it with 250 thousand points. This means that RMB must have at least 250 thousand countable points to trade, which is difficult for ordinary consumers to achieve. If you use overseas double points, it means using foreign currency equivalent to RMB 1.25 million, which is also relatively large. However, in Bank of Communications, cardholders spend five times off-line overseas in a single month, and the amount of each time is not less than the equivalent RMB 500 yuan (hereinafter referred to as "up-to-standard consumption"). The day when overseas offline consumption is the highest in that month will become the exclusive "Overseas Super Red Day" for cardholders. On that day, overseas offline spending will be rewarded with 20 times points, and other overseas offline spending will enjoy 10 times points. In this way, as long as you calculate the amount of consumption abroad, you can easily get 250 thousand points, thus offsetting the annual fee of 1000 yuan. So think about it, do you still use the opportunity card without points to swipe your card now? Even if there are overseas UnionPay card activities, you only need to use UnionPay credit card to swipe your card, and try not to use debit card for consumption.