Originally Posted by
zyxlsy
However, ICBC introduced a card that has 10 currencies. If you are charged these 10, the charge is billed using those currencies. Now you have a RMB/USD/EUR/AUD/xxx card. Using the last example of charging AUD to the card, there is no conversion from AUD to USD. You pay the AUD charge at the end of billing cycle with RMB, using the bank's rate of AUD to RMB.
I don't have that card, but I kept wondering, does that mean you can go to the countries using these 10 currencies, and act like you have a native card there? Therefore you cannot be hit by DCC in those countries?
This sounds pretty cool
If ICBC can do it I wonder why can't anyone else. The issuers strike back at the DCC vendors.
I have something similar - the majority of my cards are HKD, with some them simultaneously RMB due to HK banks' big push into dual HKD/RMB currency cards. But I also have from HSBC HK a USD card that can't be DCCed in USD locations. It's great for buying from Amazon.