Korea travel credit card
You can swipe your credit card or debit card when traveling to Korea. Visa, Mastercard and other internationally accepted bank cards are recommended.
Explain in detail:
When traveling in Korea, it is very convenient to carry a credit card or debit card in order to facilitate shopping, dining and accommodation. Merchants in Korea generally accept all kinds of bank cards, among which internationally accepted bank cards such as Visa and Mastercard have the highest acceptance.
When using bank cards in Korea, it should be noted that not all merchants support credit card payment. Especially in some more traditional shops or markets, cash transactions may be more common. Therefore, it is recommended to bring some cash just in case. In addition, it is also necessary to know the usage rules and handling fees of bank cards. Some banks may charge cross-border transaction fees or offer specific discounts. Knowing this information in advance is helpful for budget planning.
For tourists, it is more convenient to use internationally accepted bank cards such as Visa and Mastercard. These bank cards are highly accepted all over the world, especially in tourist hotspots. In addition, these bank cards are usually equipped with emergency service support, such as loss reporting, emergency withdrawal, etc., to provide additional security for travel. Of course, while using bank cards, we should also pay attention to keeping personal belongings and passwords safe to avoid unnecessary risks.
In a word, it is very convenient to carry an international bank card when traveling to South Korea. At the same time, it is also necessary to know the payment method of the merchant, the use regulations of the bank card and the handling fee.
Now that there are bank cards and Alipay, there are fewer and fewer opportunities to use cash abroad. Many friends who shop in Korea use UnionPay cards directly. The following small series will tell you how to use UnionPay cards.
Introduction to the use of unionpay cards in Korea
When traveling to Korea, don't forget to bring more UnionPay cards. UnionPay credit cards are available to all merchants in Korea, and UnionPay debit cards can be used by more than 300,000 merchants including major duty-free shops, department stores, brand discount stores and supermarket convenience stores.
There are more than 40,000 ATMs with UnionPay logo all over shopping malls, subways, universities and other places, which allow you to withdraw Korean won conveniently.
What's even better is that swiping UnionPay cards and taking the UnionPay network can reduce exchange rate losses, reduce cash withdrawal fees, and enjoy discounts from many businesses.
Can I use UnionPay cards in Korea? In South Korea, you can easily use UnionPay cards to pay your bills directly wherever you have the UnionPay logo. Some merchants may not have the UnionPay logo attached. In particular, places with dense tourists such as Myeongdong, Dongdaemun, Rensidong and a large department store can provide UnionPay card services.
When China UnionPay card swipes through the UnionPay channel in South Korea, it is calculated according to the standard exchange rate of China UnionPay on the transaction day. The standard exchange rate of China UnionPay is released at 11: 00 a.m. every working day. You can call 95516 China UnionPay customer service hotline for enquiries.
The handling fee for UnionPay cards in Korea is mostly priced in Korean won. When swiping a card, it is calculated according to the standard exchange rate of China UnionPay. It is very convenient to automatically deduct the account by converting Korean won into RMB!
In addition, there are duty-free shops, which are priced in US dollars. They use the exchange rate of US dollars against RMB in Korea Foreign Exchange Exchange, which is converted into RMB by waiters and then swiped.
Because China UnionPay has cooperated with Korea BC Card, the largest credit card company in Korea, there is no handling fee for anyone who takes the UnionPay channel to swipe his card in Korea.
Handling fee for withdrawal of UnionPay card at ATM in Korea
This data is based on July 2013, when major banks official website UnionPay Network went to South Korea to withdraw money.
The following list of fees is the fees charged by domestic card-issuing banks among overseas withdrawal fees. The local branches of each bank may carry out different handling fees from the head office, and the data may change to some extent. It is recommended to consult the local bank before going abroad to get the most accurate answer.
Introduction to the use of unionpay cards in Korea
In order to meet the overseas payment needs of credit card holders, since October, 2011, UnionPay has increased the expansion of merchants who accept UnionPay credit cards on the basis of the existing overseas acceptance network. According to the market practice of these merchants, UnionPay credit cards (with the card number starting with "62" and the "UnionPay" logo printed on the card face) are used to swipe their cards in South Korea, and the transaction mode of "no transaction password input and direct signature confirmation" is supported.
As of August 2012, the credit card issuing banks that support "direct signature confirmation without entering the transaction password" include: China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, Bank of Communications, Ping An Bank, China Everbright Bank, China CITIC Bank, Pudong Development Bank, Guangdong Bank, Bank of Beijing, Shanghai Bank, Minsheng Bank and Industrial Bank. Other card-issuing banks are making preparations and will be opened one after another.
Cardholders of China Industrial and Commercial Bank need to apply in advance to open the function of password exemption before they can be accepted in this kind of merchants. In order to better ensure that you use your card abroad, it is recommended that you consult your card-issuing bank before leaving the country.
If UnionPay cards are used overseas for consumption or withdrawal through UnionPay network, the local currency amount will be directly converted into RMB amount according to the market exchange rate, and the card-issuing bank will immediately record it in the cardholder's RMB account.
In some specific places in Korea, you can directly swipe UnionPay cards, and at all ATMs with UnionPay logo and ATMs with HANNET and CashZone signs, you can directly withdraw Korean won with UnionPay cards.
method of application
Here, taking Shinhan Bank of Korea as an example, we will introduce how to use UnionPay cards in Korea:
POS credit card consumption
Application materials
