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Posted

Is it possible for foreigners on retirement visa to get a secured credit card with Thai banks? i.e. having a fixed deposit to guarantee the card.

I ask because I see a lot of posts regarding daily limits for transfers being lowered for foreigners' accounts. If I were to move to Thailand I would have to be able to buy plane tickets, etc., that cost over 50,000 THB. 

 

Posted

In my experience with Kbank, in the past, no.

 

I want to my local Kbank branch about 14 years ago just after settling in Thailand.  I has given forms, but told I had to apply at Head Office in Bangkok.

 

Went to Head Office, with completed forms, and assorted documents, including my last pay slip from Australia (monthly salary was just over A$10,000 per month), copy Australian banks' statements (showing about A$600,000 in deposits), copy of pension letter saying current pension was about A$5,000 per month, and KBank passbook showing about Baht 1,500,000 in deposits.  Credit card application denied.

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