Best Credit Cards for Travel in China
It's not uncommon for businesses in China to add a surcharge to the total cost of your purchase if you use a credit card instead of cash. In some cases, surcharges are a result of how the processing bank handles the transaction. When using some credit cards, the bank that processes the transaction converts the transaction into your home currency at an unfavorable exchange rate, essentially adding 4% to 6% to your bill.
If possible, make sure the transaction is done in the local currency (RMB) with the Chinese bank charging your bank the RMB amount. Your bank will then convert this to your home currency at a fair exchange rate. When in doubt, ask about a surcharge before you hand over your credit card so you can decide if it makes more sense to pay in cash. (For related insight, explore a few key money-saving travel tips for China.)
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