Reported 9 months ago
Banks in Taiwan are aggressively promoting dual currency credit cards for overseas travel, citing advantages such as lower shopping costs with online currency exchange. Usage of dual currency cards, particularly for Japanese Yen, US Dollars, and Euros, has significantly increased in the first five months of the year. This growth is attributed to the devaluation of the Yen against the New Taiwan Dollar and the rising number of Taiwanese travelers to Japan. Various banks offer incentives such as cashback rewards and reduced foreign exchange fees, with the popularity of Japanese Yen dual currency cards on the rise.
Source: YAHOO