Before traveling to China, it is advisable to pay attention to a few things regarding payment in order to be well prepared for all situations. If you want to spend your vacation in this wonderful Asian country, you need money for all kinds of expenses. Due to foreign currencies and circumstances, it is advisable to find out about the various payment methods and especially the possibilities of a credit card for a stay in China before traveling.
China offers a wide variety of sights, for example in the world cities of Beijing and Hong Kong. Not to be forgotten is the Great Wall of China, which is one of the country’s most impressive works. The People’s Republic offers a lot for vacationers. Therefore, a credit card should not be missing when traveling to China. Withdrawals can be made at numerous ATMs in China’s major cities and towns. The acceptance of the credit card is much better than that of the EC and maestro card or V-Pay . Despite the advantages of the Visa and Mastercard, the credit card for China should be checked for the fees that are frequently charged by German credit institutions.
In the larger cities in China the Visa – and also the Mastercard are accepted and are therefore an optimal means of payment in numerous shops, restaurants or hotels. The Visa card has become even more popular than the Mastercard and Amex, although there are no uniform fees and care should be taken. Cash is also available at the counter at the daily rate and the same fees. Due to the sometimes high fees, it is often sensible and, above all, cheaper to withdraw money from the ATM as free as possible in order to pay in cash.
It is highly recommended to apply for a credit card in good time before the start of the trip, with which you can withdraw money free of charge. A credit card is generally of great use as security during a vacation, sometimes even necessary. If you do not have a credit card, you may encounter problems when booking a rental car, for example.
In China, cash is generally considered the safest form of payment. You should always have cash with you at traditional markets, in small restaurants or in a rural area. To reduce the risk of loss or theft, however, the local currency should only be imported in a limited amount or exchanged on site. Travelers checks, which can be exchanged in Chinese exchange offices or banks, are another good option.
The branches of Cream bank and Agree bank are also interesting for holidaymakers. The opening times of Chinese banks are similar to those in Germany. They are also often open on weekends. Banks are usually closed on official holidays