King Charles: Australia's Future as a Republic Rests with Its People

[connda]

I've got a credit card in the US but if I make local purchases I get hit with international transaction fees.
I'd like to obtain one of those pre-deposit, M/C or Visa credit card from a Thai bank to make local purchases.
I can tie up 100K THB as a deposit for a 100K THB credit limit which is way more than I'll ever need.  What I don't want it a bank which insists on holding double the deposit of the credit limit.

What banks in Thailand will issue a credit card with these deposit/credit limits to a farang with a yellow house book, pink ID, Tax-ID, married to a Thai woman, who came into Thailand originally on a Non-B visa (now I just stay on marriage extensions).

[BigStar]

The Bank of Ayudhya issued a secured credit card to me many years ago, B50000 deposit, credit limit equal to deposit amount. I assume they, and most banks, still do. I later worked for a Thai company and got a regular card.

 

A poster recently claimed that SCB would only offer a limit in the amount of half the proposed deposit. Doesn't make a lot of sense to me. Could have been his particular branch, or a misunderstanding. Must check for yourself.

[CallumWK]

26 minutes ago, BigStar said:

A poster recently claimed that SCB would only offer a limit in the amount of half the proposed deposit. Doesn't make a lot of sense to me.

 

I recall Kasikorn offered me one several years ago with the same conditions. Maybe now they changed.

UOB offered me one without any security, I only had to prove that I also had deposits in other banks, but I didn't need to lock up any funds.
I declined the offer coz I don't need a CC, i have an online DC, and that is all I need, as i prefer cash or pay with scan code

[connda]

Look like I may have to walk around to all the banks at the local Big C and have my wife ask. 
So nobody has a credit card out there who actually knows this information? 

[Jingthing]

7 minutes ago, connda said:

Look like I may have to walk around to all the banks at the local Big C and have my wife ask. 
So nobody has a credit card out there who actually knows this information? 

Bangkok Bank offers this.

[AdmiralKrag]

Many years ago I had a secured card from SCB. It was more hassle than it was worth for me.

 

I would be interested especially in anonymous stored credit card as well.

Edited 2 hours ago by AdmiralKrag

[BKKKevin]

What's the difference between a regular bank debit Mastercard with and a prepaid credit card?... (assuming you deposited similar amounts)...

[0ffshore360]

By definition how does a "pre-paid credit card " differ from a debit card?

[lexilis]

A few months ago I noticed that SCB was offering a pre-payed "credit" card (MC or Visa I think) that they advertised as "guaranteed" to work  anywhere in the world, as "good as cash". This is different from a card that is secured by a fixed account deposit that you cannot touch (I have a two of these that have worked fine locally for years). I interpreted this to mean that if you are Denmark or Upper Volta or wherever then "approval' for a purchase is done locally -- they just check if you have that amount of funds still available on the card. It does not have to go back through the normal computer approval cycle. The "normal" cycle (like with the fixed-account secured cards) which goes back thorough the Thai bank and then to a MC/Visa clearing algorithm probably hosted in India. The "normal" approval cycle can fail because the charge (in, say, Upper Volta) is not consistent with your charging history as well as other reasons. At least this is my understanding. I am thinking that my next trip to the US next year I will get one of these pre-paid cards as a safety measure in case my other cards don't work.

[HighPriority]

Do you use wise for transfers ?

They offer physical and virtual Visa cards.

They are usable immediately, load your currency and spend, they handle the currency conversion at their usual good rates.

Edited 1 hour ago by HighPriority
Added information