Applying for a credit card As a Non-Permanent Hawaiian for resident )
Moving to another country can be an extremely exciting but often daunting time. Not only do you leave friends and family behind but you also have to make adjustments to the greatest you go about achieving everyday tasks such as shopping and paying bills, who were previously carried out trouble free.
The first thing you may notice after investigating all the beautiful Aussie shores of course, is that Australia does not manage to have caught onto buying online or over the device how. As a new hawaiian for resident ), don’t be surprised if you are somewhat confused and frustrated to discover that you can no longer use your debit card to make purchases, bookings and bill payments. Instead you will need a credit card to do just about all of these things.
When it comes to finding a new credit card, in order to be turned away because you’re a temporary/non-resident category, the temperature certainly starts to rise and not just the one displayed on the mercury.
Taking a few steps back, it’s important to look at the history of Australian finance and why things are the direction they are. Australia’s banking environment was deregulated in 1980’s which resulted in a more competitive environment and a better deal for the borrower. This is nice thing about it for residents and non-residents alike as it means more variety of products and lenders to choose from. Good news so far, we hear you say.
So, just how does a temporary or non-resident go about applying for a credit card? If you shop around, one can find a number of lenders who are willing to issue credit cards to low residents and temporary citizens, obviously at the mercy of certain approval criteria.
The ANZ Credit card is just one of these credit cards that is available como comprar residente español falso to both residents and low residents of Australia who are over 18yrs of age and have a good credit rating. Generally speaking, a permanent Australian hawaiian for resident ) requires a minimum annual salary of $15, 000 and non-Australians/temporary residents desire a typical minimum salary of $50, 000+. That is the unfortunate catch. You will be often best served to submit your online application, and expect a suggestion note to be transferred if you don’t often meet the salary requirement criteria. The bank/vendor will likely then get in touch to discuss your position and tell you if you can still apply.
Other lenders who consider offering credit cards to low residents include:
: ANZ : minute earn $50, 000
: Amex : 457 visa (current temp business long stay visa)
: Aussie : minute earn $50, 000
: CBA : Current Australian visitor’s visa
American Express currently will take residents who are on a 457 visa. This is a temporary business long stay visa, as usually sponsored by an employer to grant you the right to work and are now living in Australia on a temporary basis.
If you are on a 457 visa, then perhaps an American Express credit card may be suitable for your needs and circumstances. As the Amex fine print displays that you can apply for any card out of their range if you meet the 457 visa requirements for non-residents and further meet the general income earnings criteria.
Aussie Mastercard is another credit card that allows temporary/non-permanent residents to apply for their credit card if you earn $50, 000 and above their specified income threshold. Aussie currently offers a fantastic deal with the Aussie Mastercard, introducing a low rate and annual fee.
Commonwealth Bank currently will take according to their terms and conditions fine print Australian visitor visas. If you have a current Australian visitors visa and meet all of the other identified accept criteria, then you can apply for a credit card with Commonwealth Bank.