Foreigners can apply for a credit card in Thailand. … There are numerous benefits you can enjoy by having a Thai credit card, such as saving money on foreign currency surcharges. The three most popular banks for expats to apply for credit cards are K Bank, Bangkok Bank, and SCB.
Can foreigners get a credit card?
Though it’s not always easy, foreigners living in the United States can get a credit card. One’s immigration status will dictate the number of options available. Most immigrants and international students may be able to apply for secured credit cards or become authorized users on somebody else’s account.
Can a foreigner open a bank account in Thailand?
In principle, a foreigner who has no proof of residence in Thailand can only open a non-resident bank account; however, some Thai-based banks may, depending on their internal policy and discretion, accommodate requests from non-resident customers in opening a resident account with no proof of residence.
How old do you have to be to have a credit card in Thailand?
1. Primary card applicant must be over 20 years old. Applicant for a supplementary card must be at least 15 years old. If the supplementary cardholder is under 20 years of age, payments to the account can only be made from the bank account of a parent. 2. You must earn at least 15,000 baht per month.
Is Thailand credit card Friendly?
You can use a credit card for purchases in most hotels, major shops in malls and some restaurants, but cash is still king in Thailand so you’ll find you mostly need cash for purchases.
Can an immigrant get credit?
Offering credit to undocumented immigrants is controversial, and some lenders may choose not to do so for that reason. But it’s not illegal. There is no requirement that lenders verify a person’s citizenship or immigration status before issuing them credit, or check their Social Security number.
How can I get a credit card for the first time?
How to Get a Credit Card for the First Time:
- See if you have a credit report and score. …
- Determine whether student credit cards are an option. …
- Compare secured and unsecured starter cards. …
- Limit your search to cards with the lowest fees. …
- Choose the best remaining offer for your needs. …
- Submit your credit card application.
Which Thai bank is best for foreigners?
What are some of the top banks in Thailand for expats?
- Bangkok Bank. Bangkok Bank —Thailand’s largest bank—is popular for being the most welcoming to foreigners and non-residents. …
- Kasikorn Bank. …
- Citibank. …
Is my money safe in a Thai bank?
From August 11, 2021 Thai Baht Deposits are protected under the Deposit Protection Agency Act up to a maximum of one million baht per one depositor per financial institution.
Can I open a bank account in Thailand with a tourist visa?
You can open a bank account with them using a tourist visa alone and they also allow foreigners to use their internet banking services. You will be required to place an initial deposit of 1000 THB and pay a debit card fee.
Is HSBC in Thailand?
HSBC is one of the world’s largest banking and financial services organisations and has been operating in Thailand since 1888.
What is a pink Thai ID card?
A “Pink ID Card” is an ID Card that was initially issued to stateless people to restrict their movement within the Kingdom of Thailand. … To apply for a Pink ID card, you need a Thai ID number and you must have you name present in either a Yellow House Registration book or Blue House Registration book.
Can I use Amex in Thailand?
MasterCard and Visa are the most widely accepted credit cards in Thailand, followed by American Express. Most hotels and restaurants accept all of these, especially in tourist destination areas. Discover and Diners Club are far less commonly accepted.