Foreigners Can Apply for Credit Card Easier in These Banks?!

As China issues more and more good policies friendly to foreigners, many people want to work and live in China. Some of them get accustomed to using credit cards. Today we will tell you what’s required for credit card application in China. 

Foreigners Can Apply for Credit Card Easier in These Banks?!

First thing first, foreigners who have residence permits and steady income can apply for a Chinese credit card. There might be some difficulty but it’s not impossible. 

 

COMMON CONDITIONS

 

There are different rules in different Chinese banks, and conditions may change in different branches. 

 

Foreigners Can Apply for Credit Card Easier in These Banks?!

 

Taken together, you will need to: 

 

  • Be at age between 25 to 60

  • Have full capacity for civil conduct

  • Have long-term residence permit

  • Have a steady job and tax record in China

  • Choose the branch near your workplace

Foreigners Can Apply for Credit Card Easier in These Banks?!
Applicant for BOC’s credit card needs to be at least 18 years old, have full ca[acity for civil conduct and legal, steady income. 

 

 

REQUIRED DOCUMENTS

 

Detailed rules and required documents vary from banks, here are what you will be asked in most cases: 

 

  • ID documents

    Valid passport, residence permit, and copies of them

  • Residence documents

    Registration at the place of residence from the police and its copy

  • Financial documents

    Certificate of employment, certificate of tax payment, income statement, and cash flow statement… 

 

Foreigners Can Apply for Credit Card Easier in These Banks?!
Tax statement © Image | WTIGGA

 

 

TIPS

What are the major banks in China? 

China’s five biggest state-owned banks include: 
 
  • Agricultural Bank of China
    Service number: 95599
    Website: http://www.abchina.com/en/
  • Bank of China
    Service number: 95566
    Website: http://www.boc.cn/en/index.html
  • Bank of Communications
    Service number: 95559
    Website: http://www.bankcomm.com/
  • China Construction Bank
    Service number: 95533
    Website: http://en.ccb.com/en/home/indexv3.html
  • Industrial and Commercial Bank of China
    Service number: 95588
    Website: http://www.icbc.com.cn/ICBC/sy/
 
Foreigners Can Apply for Credit Card Easier in These Banks?!
 

Which bank to choose? 

Although banks in China say that people meeting conditions can apply for a credit card, it may be difficult for foreigners because not all banks are willing to make the card. 
 
Foreigners Can Apply for Credit Card Easier in These Banks?!
 
It might help if you choose a provincial headquarter or a branch closed to the city center, or a foreign bank such as HSBC and Hang Seng. 
 
Foreigners Can Apply for Credit Card Easier in These Banks?!

A branch near your workplace, or keeping your salary account is also a good choice. 
 

How to fill out an application? 

To apply for a credit card, you’ll need to fill out a form asking basic questions and sign a few documents. Most likely, it will be in Chinese.
 
But don’t worry, English service is available in the big branches. There’s usually at least one banker speaking very basic English to help you walk through the process. 
 
Foreigners Can Apply for Credit Card Easier in These Banks?!
Wanna know more about new policies good for foreigners? Check the following link! 
 
 
 

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Foreigners Can Apply for Credit Card Easier in These Banks?!

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