Jump to content
BANGKOK

Recommended Posts

1 minute ago, ChipButty said:

I think some of these Bank branches make their own rules as they go along, personally I have never had a problem and found SCB down where I live to be a bit more flexible I've seen where one bank say you have to have a WP to open a savings account and another no problem

Yep agreed. Also with transfering monies overseas, in most branches you get a look like you have asked them for the world, but I've found a BKK bank branch that allow to me to send what I want to the UK without asking for anything except my passport and no questions asked.

  • Like 1

Share this post


Link to post
Share on other sites

I use KBank's Web-Shopping Visa card, which is a "virtual" Visa card. It has worked with every online purchase I have ever attempted, including subscriptions that bill be every month. The card is "debit" in the sense that it withdraws from my account immediately, and I cannot charge more than I have in the account. In my mind, this is the same as a "secured" credit card, but much more flexible. It does not require some large fixed amount locked up in the bank. If I want to draw down the account, I can, then build it up again later for the purposes of using the virtual card. 

  • Like 1

Share this post


Link to post
Share on other sites
3 minutes ago, BobbyL said:

CitiBank are the one. Very easy and quick to setup (all through email and post), good benefits (reward points, unlimited airport lounge pass, reduced golf courses etc), high amount of credit and most importantly a very good English speaking call center.

 

I have never heard anything good about credit cards from Thai banks. Even my wife moans about SCB with her credit card. 

 

Edit: Just saw you said you're retired. I guess CitiBank would likely also say no.

I assumed the OP was asking about getting a CC in Thailand from a Thai bank.

I can't imagine where else he would be told    "farang cannot".

Share this post


Link to post
Share on other sites
1 minute ago, Andy from Kent said:

I assumed the OP was asking about getting a CC in Thailand from a Thai bank.

I can't imagine where else he would be told    "farang cannot".

Yes, obviously. I do live and work in Thailand. 

 

I obtained my credit card from the CitiBank office in Bangkok opposite Terminal 21. Therefore, that is why I replied to the OP. 

 

 

 

 

2020-05-25 (2).png

  • Thanks 1

Share this post


Link to post
Share on other sites

Why would you want a credit card here anyway, most probably fees and interest is high and if it's secured on another account it's pointless

Share this post


Link to post
Share on other sites
18 minutes ago, ChipButty said:

I think some of these Bank branches make their own rules as they go along, personally I have never had a problem and found SCB down where I live to be a bit more flexible I've seen where one bank say you have to have a WP to open a savings account and another no problem

 

that appears to be fairly common experience/knowledge regarding banks, the oft repeated advice is if you dont get what you want with one bank employee/branch or bank simply try another bank employee/branch or bank until you do. works for me.

  • Thanks 1

Share this post


Link to post
Share on other sites
Posted (edited)

Is a secured credit card any better than a debit card? Bangkok Bank tells me I can get a debit card but I haven't tried yet. I haven't asked them about a credit card because I have credit cards in United States still.

Edited by Jlop
Add information

Share this post


Link to post
Share on other sites
14 minutes ago, timendres said:

I use KBank's Web-Shopping Visa card, which is a "virtual" Visa card. It has worked with every online purchase I have ever attempted, including subscriptions that bill be every month. The card is "debit" in the sense that it withdraws from my account immediately, and I cannot charge more than I have in the account. In my mind, this is the same as a "secured" credit card, but much more flexible. It does not require some large fixed amount locked up in the bank. If I want to draw down the account, I can, then build it up again later for the purposes of using the virtual card. 

I have the same Kasikorn card. I just keep a 50,000 baht balance for things like airline tickets, hotels and online purchases.

Only time I had a credit card in that sense was about 40 years ago. American Express. Got rid of it after about a year, couldn't see any sense in paying fees just so I could owe money on it.

  • Like 1

Share this post


Link to post
Share on other sites
4 minutes ago, scubascuba3 said:

Why would you want a credit card here anyway, most probably fees and interest is high and if it's secured on another account it's pointless

The interest rate is higher than in the UK but nothing massively different.

 

I don't use mine all the time, but for example we have just bought a new kitchen from IKEA. They offer a 6 month 0% interest payment plan with a credit card so rather than paying 170,000THB up front we can pay it off in 6 monthly installments.

 

That to me is a great benefit of having a credit card even if I do obviously have to pay the annual fees and interest on the balance. 

  • Like 2

Share this post


Link to post
Share on other sites

Takes quite a time to be able to work your credit up so the card can actually be of use to you.

Share this post


Link to post
Share on other sites
8 minutes ago, scubascuba3 said:

Why would you want a credit card here anyway, most probably fees and interest is high and if it's secured on another account it's pointless

I used mine when I was working from Thailand for flights and hotels.  It will have your name on it which the normal ATM debit card will not and that is needed for flights.  Paid off monthly so no interest to worry about.

  • Like 2

Share this post


Link to post
Share on other sites
1 hour ago, ScotlandtheBrave said:

No, I am retired.

Not what a bank wants to hear when considering to issue credit cards:

- Retired

- Not a citizen of the country where living

Share this post


Link to post
Share on other sites
30 minutes ago, BobbyL said:

I have never heard anything good about credit cards from Thai banks.

The credit card I have from a Thai bank has been just fine. Service from the bank, just fine. So, there you are.

  • Like 1

Share this post


Link to post
Share on other sites
10 minutes ago, Jlop said:

Is a secured credit card any better than a debit card?

Both have their uses. W/ a credit card you have another avenue of recourse in case of dispute with a vendor. 

 

As mentioned above, sometimes a credit card can get you a special deal.

Share this post


Link to post
Share on other sites
Posted (edited)
42 minutes ago, Keyser Soze666 said:

Is this gospel, Pib? if so that sounds fair enough to me and I would be very interested?

It's not written in stone (like a law) to where every Thai bank will follow to the letter as there will be exceptions. You will see posts from retired/non-working farangs who did get an "unsecured" credit card "based solely on their credit application" vs just getting a supplemental card based on their Thai spouse credit application....maybe because they knew the right person....but such folks are the exception. 

 

But getting a "secured" card is generally easy....put up the locked deposit as collateral and you should be good to go....but if the bank you are applying to is generally not farang friendly...just prefers to not have farang customers (but they will never admit that), you may not even be able to get a secured credit card. 

Edited by Pib

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...