May 8, 20232 yr I had one of these called the M card from SCB but they are being discontinued. I got it from Paragon. Does anyone know where I can go to get a replacement? They are handy because you only top them up to a limit you are comfortable with and they don't expose your main account.
May 8, 20232 yr Thai banks feloniously call this a credit card. I was offered one once before and turned my back to the guy trying to sell me on this. My question for you is, What is the fee?
May 8, 20232 yr Popular Post Open a new savings account with say SCB, put in a balance your happy with and get a standard debit card on the account, effectively the same
May 9, 20232 yr Author 22 hours ago, foreverlomsak said: Open a new savings account with say SCB, put in a balance your happy with and get a standard debit card on the account, effectively the same That's a good point. Thanks.
May 9, 20232 yr Are you an existing SCB banking customer? If so, SCB Planet Card. https://www.scb.co.th/en/personal-banking/cards/prepaid-cards/planet-scb-card.html Easy to get, apply in the SCB mobile app, received in the mail. Manage from the SCB app. I keep 2,500 down to 1,000 on mine. It supports tap & go. TrueMoney Wallet with their virtual Mastercard can be back-stopped (pre-loaded via a transfer from a bank account) as well, but this one is harder (administratively) to get. You may be able to get a secured credit card from your bank, requires a separate account with a minimum of 20,000 baht which cannot be used, you pay your bill from another savings acount. So 20,000 potential exposure. Not all of these options offer 100% coverage for any potential charge, especially for things like Grab and LINE.
May 9, 20232 yr In my understanding, with a DEBIT card you are spending your own money. With a CREDIT card you are spending THEIR money and then paying it back with interest (usually). What a CREDIT card with a bank account to cover it should be called is anyone's guess.
May 9, 20232 yr 3 minutes ago, KannikaP said: In my understanding, with a DEBIT card you are spending your own money. Unless you have someone else making deposits for you. 3 minutes ago, KannikaP said: With a CREDIT card you are spending THEIR money and then paying it back with interest (usually). Only chumps pay interest. 3 minutes ago, KannikaP said: What a CREDIT card with a bank account to cover it should be called is anyone's guess. It's called a secured credit card, or more correctly, a stored value card.
May 9, 20232 yr 8 minutes ago, KannikaP said: In my understanding I think it's more about "As a foreigner, how do I purchase a good or service, from a supplier." Direct bank transfer for POS/non-traditional on-line is pretty easy. Where it gets complicated is with services which require a credit card, like LINE, Grab, etc. Secured, virtual, loadable cards can be used in many (but not all) "credit card" applications.
May 9, 20232 yr That M Card discontinuation notice is here... https://www.scb.co.th/en/personal-banking/cards/prepaid-cards/scb-m-visa-prepaid-card.html Siam Commercial Bank will no longer provide SCB M VISA Prepaid Card, SCB M VISA Prepaid tourist Card, M Gift Card, and EM Voucher services (collectively referred to as the "Cards"). Customers may apply for/purchase and use the Cards until the following dates:
May 9, 20232 yr On 5/8/2023 at 9:47 AM, foreverlomsak said: Open a new savings account with say SCB, put in a balance your happy with and get a standard debit card on the account, effectively the same Yes plus I took the next step and also got an online only a/c, no card, no book. Keep your main funds in the online a/c and transfer living expenses to the debit card as needed. Lose your card or get hacked you lose only a little. Works for me.
May 15, 20232 yr Author The reason I got my initial SCB prepaid card was when I had to renew my UK passport and was required to write on a piece of paper my credit card details and CVC for all to see. I was not comfortable with this.
May 22, 20232 yr Author On 5/9/2023 at 10:56 AM, ThaiFelix said: Yes plus I took the next step and also got an online only a/c, no card, no book. Keep your main funds in the online a/c and transfer living expenses to the debit card as needed. Lose your card or get hacked you lose only a little. Works for me. I tried this with Bangkok Bank but the card they gave me was only UnionPay, not Mastercard or Visa. Maybe I am going to have to start again with SCB? Although I have a pink id card some services such as the prepaid AIS mPay are restricted to Thai citizens. At least I am learning.
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