verylostdog

I have been using Wise for the last few months, never tried Western Union although it maybe something I'll look into in the near future. Every time I send money through wise to my Kbank, it usually takes a few days or even up to a week. With Krungsi however, it arrives within a matter of minutes. The only issue with Krungsi is that there is a limit of 50K baht per transfer, according to Wise website at least.

If you have facebook, you can have a look around for Pattaya food groups. You can find a lot of good stuff on there both quality wise and good value.

It was 180k baht in total, I did pay for it all in cash in the end. Wasn’t just the PC, it was also the monitors, mouse keyboard etc. Obviously not a great financial decision but neither is financing.

Sorry I should’ve made it clear. I never actually tried the process but from what I’ve read and been told by my Thai friends, this process only works if you have a credit card.

I am a Thai citizen with a blue Thai national ID card and a Thai passport. No pink card or anything along those lines. I am Thai

Most likely. Me personally I’ve never had a credit card. The only reason I considered having one was for the installment options. In my country, you do not need a credit card to finance a car for example, just bank details and a good credit history. Whereas here, it appears you need a credit card to finance products (such as a gaming computer). My confusion mainly came from the fact that I read somewhere a credit score is only generated once you take a loan or a credit card out. But I learned earlier in the thread that a secured credit card may help you build that history the banks seek. Even renting houses or paying your phone bill can be done with cash rather than a direct debit.

I already have a debit card (I have kbank using my Thai ID). The purpose of the thread was mainly to understand the application processes of credit cards and why I was rejected.

Seems quite pointless to have a secured credit card, unless you want to build a credit score. Or you are planning for a disaster to happen in the long term.

That’s good to know. Like you said, it’s good to have incase there is an emergency and it’s better to be prepared. I do agree the interest rates here are certainly not the greatest

E

Thank you very much for your response. Is this applicable to all banks or only certain banks? In regard to the secured deposit, let’s say you go under your secured deposit limit of 500k, what are the consequences? Is the credit card frozen until your balance goes back to 500k or is it completely deactivated?

So I was playing a very dangerous game of shopping for gaming PCs earlier and I noticed that paying in installments was an option. Out of curiosity, I wanted to try but was told I needed a credit card. Things to note - I’ve only been back in Thailand for 4 months but I work from home and well over 100k a month. I also have a Thai ID card. I tried with K bank. I applied for the credit card and got rejected, they did not ask for any documents or proof of income. According to Reddit (not the most reliable source) you don’t have a credit score until you take out a loan or credit card. So I am curious, did I get rejected because my income is from overseas or not being in the country long enough? All I’ve been told is that my info doesn’t meet the banks criteria. Thank you in advance.