Last Updated on 12-30-2023
Applying for a credit card in Taiwan can be a complex process, especially for expatriates and foreigners unfamiliar with the local banking system. However, understanding the basics and requirements can make the process smoother. In this guide, we’ll delve into the steps necessary to apply for a credit card in Taiwan, focusing on four of the most popular banks among foreign residents. From necessary documentation to eligibility criteria, we aim to simplify the application process and provide an informative overview of what to expect when applying for a credit card in Taiwan.
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How to Apply for a Credit Card in Taiwan-HSBC TW
Application criteria
- The primary card applicant must be 65 years of age or older to be eligible. The primary card applicant’s parents, parents-in-law, children who are 15 years of age or older, spouse, or legal-age siblings should be the supplement card applicant. Only applications for additional cards under parents are accepted from applicants who are underage or students without adequate repayment capacity.
- When applying for a VISA Infinite Credit Card, a person who makes more than NT$800,000 a year must submit their income statement. When applying for a VISA Signature Card, Master Cashback Business Titanium Card, or VISA Platinum Card, a person who makes more than NT$250,000 a year in salary must submit their income statement.
Required Application Documents
- Completed application form
- Photocopy of ID card (both front and back)
- Financial supporting documents
- Last three months’ paychecks or other relevant documents (i.e. last three months’ bank book record or term deposit)
If you want to learn more, you can go directly to the hsbc website.
How to Apply for a Credit Card in Taiwan-Bank Sinopac
Application criteria
- Primary credit card- Adults in accordance with the relevant laws and regulations of the Republic of China.
- Annual income of NT $ 200,000 or more.
- The credit is normal.
Required Application Documents
- Proof of Identity:
(1) For those owning the residence permit of the Republic of China: Passport and the Republic of China (Taiwan) resident certificate (both copies of front and back pages of the ID/ certificate are required).
(2) For those owning an alien residence permit: Passport and alien resident certificate or alien permanent resident certificate (both copies of front and back pages of the ID/ certificate are required).
(3) For those not owning the above residence permit: Copies of passport and Record of ID No. in the Republic of China and Entry/Exit Permit for the Taiwan area. - Proof of Income (choose any one copy of the following information):
(1) The latest annual withholding vouchers or tax returns (such as consolidated income tax list of various types of information).
(2) Payroll of the last 2 months.
(3) Salary transfer of the last 2 months (including passbook cover and inside page information).
(4) Proof of deposit transactions of the last 2 months (including passbook cover and inside page information).
(5) Recent housing tax or land value tax or real estate certificate.
If you want to learn more, you can go directly to the Sinopac website.
How to Apply for a Credit Card in Taiwan-KGI Bank
Application criteria
- Applicants aged 18 or above can apply for a primary card.
Required Application Documents
- Copy of passport
- Copy of valid resident certificate or copy of R.O.C.(Taiwan) Employment Gold Card
- The most recent salary statement from your current employer such as withholding tax statement / payroll/ salary transfer or tax return certificate.
If you want to learn more, you can go directly to the KGI Bank website.
How to Apply for a Credit Card in Taiwan-E.SUN Bank
Application criteria
- Primary credit card- Adults in accordance with the relevant laws and regulations of the Republic of China.
- Supplementary card- Applicants must be 15 years of age or older while sharing a kinship with the primary cardholders, such as the primary cardholder’s spouse, parent, child, sibling or parent-in-law,etc.
Required Application Documents
- Photocopy of passport
- Photocopy of residence permit
- Applicants from Mainland China may additionally attach a photocopy of the “Taiwan Travel Permit for Mainland Residents”and “the entry/exit permit issued by the National Immigration Agency”
- Photocopy of financial capacity- salary slip(in the past three months), payroll transfer/demand deposit passbook(containing the pages with your account number, account activities in the past three months), Tax Withholding Certificate/income statement (in the past year) or time deposit certificate.
If you want to learn more, you can go directly to the E.sun Bank website.
