VPBank launches credit card with many attractive features for tourists traveling to China

Cultural diversity and long history, along with pristine and majestic natural landscapes, have made China an attractive destination. With a favorable geographical location in the North of Vietnam, Vietnamese tourists can easily reach China in just a few hours by many means of transportation such as road, rail or plane. That is also the reason why Chinese tours in Vietnam have increased sharply recently. According to the Vietnam National Administration of Tourism, China is the second largest tourist market in Vietnam in 2024, recording 3.7 million visitors.

Grasping the tastes, Vietnam Prosperity Joint Stock Commercial Bank ( VPBank ) has just partnered with China UnionPay to launch the VPBank UnionPay Freeways credit card - "Thousands of miles as you wish, no worries about fees", completely exempting foreign currency transaction fees in China. For other countries, this fee of the VPBank UnionPay Freeways card is only 1.5%. This foreign currency transaction fee exemption policy of VPBank is a competitive advantage compared to other credit cards, helping to save maximum costs for those who often travel and work in China.

VPBank representative said that in 2025, VPBank will build a card ecosystem based on 3 main pillars including Shopping (smart shopping) - Travel (travel experience) - Wellbeing (health care and self-development) with the desire to design suitable card lines according to each behavioral group and consumer needs, thereby bringing diversity in utilities and attractive incentives, increasing positive emotions and privilege values for users. This card line is developed to target customers who want to explore , work, and travel internationally, especially the Chinese market.

“As a card line that focuses on customers' concerns about international transaction fees, worries when spending in China as well as preferential cashback programs when spending, this combination will bring the best spending and travel experiences to VPBank UnionPay Freeways cardholders,” the bank representative shared.

VPBank also differentiates UnionPay cards with an attractive cashback program when spending. For international spending transactions, VPBank refunds up to 4% for all transactions. For domestic transactions, VPBank refunds 3% for travel and dining spending transactions and 0.1% for other transactions. Customers who spend a minimum of VND 5 million (both international and domestic transactions) will be refunded up to VND 1 million for a statement period.

Customers who open a new card and have valid spending of VND 2 million or more within 30 days will receive a refund of VND 400,000 from VPBank. VPBank also waives the annual fee for customers who meet the spending requirements according to the bank's regulations. To register for a card, customers just need to click the register button right on VPBank NEO, in the Card section and select Open a credit card.

Along with the above outstanding features, customers who own VPBank UnionPay FreeWays cards will also be able to apply preferential programs that VPBank deploys monthly for credit card products. Specifically, this September, VPBank has designed many attractive incentives such as 6% discount when booking air tickets at Trip.com, up to 15% discount when booking hotel rooms at many famous resorts such as Ana Mandara Dalat, Ocean Resort By Fusion Quy Nhon, Golden Coast Resort & Spa, up to 20% discount when dining and shopping at many restaurants, supermarkets, etc.

UnionPay is China's national payment system and one of the largest payment systems in the world. UnionPay credit cards are widely accepted in 183 countries and regions around the world, of which 99 countries and regions support UnionPay mobile payment products. To date, UnionPay has cooperated with more than 2,600 institutions globally to create a rich payment ecosystem.

Recently, international visitors to China have enjoyed a better and more convenient travel experience thanks to improvements in the country’s mobile payment system. Tourists can now use international credit cards directly at payment points in China, providing a simple, easy and convenient payment experience for many international visitors.

Source: https://hanoimoi.vn/vpbank-ra-mat-the-tin-dung-voi-nhieu-tinh-nang-hap-dan-cho-khach-di-du-lich-trung-quoc-715424.html