How to Get a Credit Card in Thailand as an Expats (2024)

Kristian Ole Roerbye

Living in Thailand presents a myriad of unique experiences, and while the country offers much in terms of culture, beauty, and hospitality, there are practical matters to consider as well. One such matter is the convenience of having a credit card. Whether it’s for daily expenditures, online shopping, or emergency expenses, a credit card becomes an indispensable tool for expats.

This guide aims to navigate you through the process of how to get a credit card in Thailand, ensuring that you’re well-prepared and informed every step of the way. Let’s delve into the intricacies of the Thai banking system and how you, as an expat, can successfully secure a credit card.


  • Understanding the Thai banking system is essential for expats seeking credit cards.
  • Expats must prepare specific documents, like work permits and income statements, for applications.
  • Not all Thai banks are alike; research is necessary to find the most expat-friendly institutions.
  • The credit card application process is systematic, but expats might encounter unique challenges.
  • Once obtained, responsible usage and monitoring of the Thai credit card are crucial.
  • Ensuring the security of the credit card, both physically and digitally, is paramount.

Understanding the Thai Banking System for Expats

Navigating any foreign banking system can be a challenge, and Thailand is no exception. To effectively proceed with a credit card application, it’s crucial to first grasp how the Thai banking system perceives and interacts with foreign applicants.

Foreign Applicants in Thai Banks

Thai banks are traditionally conservative when it comes to dealing with foreign nationals. The rationale behind this cautious approach is primarily due to the perceived risks associated with lending to non-residents. Without a substantial financial footprint or long-term commitment in the country, banks might view expats as potential flight risks.

The Importance of Meeting Bank Requirements

It’s paramount to meet the banks’ stipulated criteria. While it might seem stringent, these measures are in place to safeguard the bank’s interests and reduce default risks. A clear understanding and adherence to these prerequisites can significantly smoothen your credit card application journey.

Prerequisites for Applying

Before venturing into the credit card application process in Thailand, it’s essential to be equipped with the necessary documents and meet specific criteria set by the banks. Here’s a clear breakdown of what you’ll need and the conditions you should fulfill.

Necessary Documents for Application

  • Passport: A valid passport with a clear record of your entry into Thailand.
  • Thai Work Permit: Most banks require expats to have a work permit, evidencing their employment status and duration in Thailand.
  • Income Statement: This can be in the form of a salary slip, tax return, or a letter from your employer specifying your monthly income.
  • Residence Proof: A rental agreement or utility bill that confirms your current address in Thailand.

Visa and Employment Status

Having a long-term visa or a valid work permit is often non-negotiable. Banks are more inclined to offer credit cards to expats who demonstrate a commitment to staying in Thailand for an extended period.

Income and Employment

Banks need assurance of your ability to repay. A stable job and a regular income stream are imperative. The minimum income requirement might vary across banks, so ensure you’re aware of the specific bank’s criteria you’re applying to.

Related: Residence Permits in Thailand: The Process for Foreigners (2024)

Choosing the Right Bank

In Thailand, a multitude of banks offer credit card services. However, not all of them may be well-suited to the unique needs of expats. Making an informed choice is pivotal to ensure you receive optimal benefits and experience a hassle-free banking relationship.

Popular Banks Favorable to Expats

Bank NameKey Features
Bangkok BankExtensive branch network, diverse credit card offers
Kasikorn BankRobust online banking, favorable customer service
Siam Commercial Bank (SCB)Innovative banking solutions, tailored card benefits

Bangkok Bank: Known for its extensive branch network and expat-friendly services, Bangkok Bank often emerges as a top choice. Their credit card offerings are diverse, catering to various income levels and needs.

Kasikorn Bank: With a robust online banking system and a reputation for good customer service, Kasikorn Bank appeals to many foreigners. They offer a range of credit cards, each with its distinct perks.

Siam Commercial Bank (SCB): SCB prides itself on innovative banking solutions. Their credit card services are no exception, offering various rewards and benefits tailored to different lifestyles.

Factors to Consider When Choosing a Bank

Customer Service in English: Ensure the bank provides customer service in English to prevent communication barriers during crucial interactions.

Online Banking Features: A user-friendly and comprehensive online banking platform is vital, especially for those who prefer digital transactions.

Branch Accessibility: Consider the proximity of the bank’s branches to your residence or workplace. This becomes especially handy for in-person queries or when dealing with banking issues.

Credit Card Offerings and Perks: Compare the benefits, rewards, and interest rates of credit cards across banks. Look for ones that align with your spending habits and preferences.

Step-by-Step Application Process

how to get a credit card in thailand

Acquiring a credit card in Thailand involves a series of steps. Following them diligently ensures a structured approach and increases the likelihood of a successful application. Here’s a clear guide to navigate you through this process:

Starting the Application

1. Visit the chosen bank’s local branch or its official website.

2. If applying in-person, approach the customer service desk and express your intent to apply for a credit card. If online, navigate to the credit card section and select the desired card.

Filling Out the Application Form

1. Complete the application form, ensuring all provided information is accurate and matches your documentation.

2. Online forms typically allow you to save and resume, so take your time to double-check details.

Submitting Necessary Documents

1. Attach or upload copies of the required documents: Passport, Thai work permit, income statement, and proof of residence.

2. Some banks might request additional documents or further clarification on certain details. Ensure prompt responses to expedite the process.

Interview Process

1. Some banks may schedule a face-to-face or telephonic interview. This step is to verify the information provided and understand your credit requirements better.

2. Be candid and consistent in your responses.

Application Review

1. After submission, the bank assesses your application, scrutinizing your financial stability and the authenticity of your documents.

2. This phase can take anywhere from a few days to a few weeks, depending on the bank and the thoroughness of the assessment.

Approval and Card Issuance

1. Upon successful review, the bank will approve your credit card application.

2. The card, along with essential details like the PIN, will be sent to your registered address. Some banks might require you to collect the card in-person.

Possible Challenges and Their Solutions

While the process of obtaining a credit card in Thailand is structured, expats might face specific challenges along the way. Recognizing these potential hurdles and being equipped with solutions can make your application journey smoother.

Application Rejection

  • Challenge: Even with all the prerequisites in place, there’s a possibility of application rejection.
  • Solution: Before reapplying, ascertain the rejection’s reason. Addressing the specific concern, be it insufficient income proof or discrepancies in documents, can improve chances in the next attempt.

Insufficient Income Proof

  • Challenge: Your income might not meet the bank’s minimum requirement, leading to application denial.
  • Solution: Consider joint credit card applications with a partner or look for banks with lower income thresholds. Alternatively, maintain a healthy savings account balance to demonstrate financial stability.

Lack of Credit History in Thailand

  • Challenge: Without prior credit history in Thailand, banks might perceive you as a high-risk applicant.
  • Solution: Open a savings account and maintain regular transactions for a few months before applying. A stable banking relationship can compensate for the lack of credit history.

Language Barrier

  • Challenge: Misunderstandings due to language differences can complicate the application process.
  • Solution: Opt for banks known for their English-speaking staff. If needed, consider seeking help from a local acquaintance or hiring translation services during crucial interactions.

Short-term Visa Status

  • Challenge: Possessing a short-term visa can make banks hesitant as it indicates a temporary stay.
  • Solution: If possible, secure a long-term visa or demonstrate a commitment to staying in Thailand, such as a long-term employment contract or property ownership.

Using Your Thai Credit Card

Once you’ve successfully secured a Thai credit card, it’s vital to understand its optimal usage to make the most of its benefits and maintain a good credit standing.

Understanding Credit Limits

Every card comes with a set credit limit. Regularly monitor your spending to ensure you don’t exceed this limit, as overextending can incur fees.

Prompt Bill Payments

To avoid accumulating interest or late payment charges, ensure you pay off the full balance or at least the minimum amount due each month.
Familiarize yourself with the due date and set reminders, if necessary.

Utilizing Card Benefits

Many Thai credit cards offer rewards, cashback, or discounts for specific categories of spending. Know these categories to maximize the benefits.
Regularly check promotional offers that your bank might introduce.

Foreign Transaction Fees

If you use your Thai credit card abroad or for international online transactions, be aware of potential foreign transaction fees. These fees can vary between banks, so it’s wise to know them beforehand.

ATM Withdrawals

While credit cards can be used for ATM cash withdrawals, it’s advisable to do this sparingly due to the high-interest rates attached to cash advances.

Keeping Track of Expenses

Regularly review your monthly statements to monitor your spending patterns and to quickly identify any unauthorized or suspicious transactions.

Keeping Your Credit Card Secure

In an age where financial transactions are predominantly digital, ensuring the security of your credit card is paramount. Here’s a guide to safeguard your card and prevent potential misuse.

Protecting the Physical Card

Always keep your card in a secure place, preferably in a wallet or cardholder.

Avoid exposing it to direct sunlight or magnetic fields, which can damage the card’s magnetic strip.

Confidentiality of PIN

Never share your credit card PIN with anyone.

Regularly change the PIN, especially if you believe it might have been compromised.

Online Transactions

When shopping online, ensure the website is secure, typically indicated by a padlock symbol or ‘https’ in the URL.

Consider using one-time passwords or two-factor authentication for added security.

Regularly Monitor Statements

Periodically review your credit card statements to detect any unauthorized transactions.

If you spot any discrepancies, report them to the bank immediately.

Lost or Stolen Card

In the event that your card is lost or stolen, promptly inform the bank to have it blocked.

Some banks offer a 24/7 hotline for such emergencies. It’s beneficial to have this number saved in your phone.

Beware of Phishing Attempts

Be cautious of unsolicited emails or messages asking for your credit card details.

Banks typically never request such information via email or phone. When in doubt, contact your bank directly.

Keeping Contact Details Updated

Ensure your bank has your current contact details, so they can promptly reach out in case of suspicious activity.

Related: Emergency Numbers in Thailand: What You Need To Know

ABOUT Kristian Ole Roerbye

Since moving to Chiang Mai in 2009, Kristian has established deep roots in Thailand, founding two companies and gaining expertise in local real estate. A devoted family man and nature enthusiast, he created Thailand Simple to guide expats and tourists through the beauty and intricacies of Thai life.

Leave a Comment