Do I need to open credit card and bank accounts when I move to HK?
1) I currently have a Chase Visa card. Do I need an HK credit card? From what I understand, Mastercard charges international fees while Visa does not. If this is accurate, why would I need a new credit card in HK?
2) I currently have a checking account with Charles Schwab. ATM fees are fully refunded, so is there a need for me to open a bank account in HK?
I've read so many threads about the various banks and cards and was just wondering if I might be able to skip all the hassle. Or if there was an advantage of opening local accounts that I'm not seeing.
Advice much appreciated.