Do Offshore Banks Provide Credit Cards?

[clemens]

I paid the deposit amount to the bank to get my Visa credit card works perfect like the one I have from my local bank

Yeah, if you make the installment they are asking for you won't have troubles getting your credit card.

 

[andreas]

Is there any possibility to get a credit card without deposits?

Regardless where I have been looking it was not possible to find any bank that will do that. Only my local bank is willing to issue a Visa credit card after their credit check!

 

[clemens]

I believe you to be true andreas, seems not possible to get an Visa card with any offshore bank without to deposit some sort of money with them.

 

[myhand]

I have been looking for something like that but no bank I have found so far is allowing me to get a credit card without deposit, most want 2 - 6 times the credit line in deposit because of the risk to lose the money!

You really think that you will find such a offshore bank that will do this? They must be stupid or not qualify to be a responsible financial service You can ask your local bank if they can issue a Visa credit card to you without deposits, they will make a credit check and if you pass they will be fine otherwise your application get declined!

 

[freedomsurfer]

You can certainly get an unsecured credit card with some offshore banks. I have unsecured cards with several Hong Kong banks. All I was asked was to provide was a proof of income. Obviously, I also have current accounts with each of those banks.


If you are only looking at the frontier markets (Mauritius, Latvia etc) then things will be more complicated and you will likely need to leave a security deposit.

 

[mert]

You have to visit the bank in HK right?

 

[freedomsurfer]

You have to visit the bank in HK right?

Yes. Then again, every reputable bank requires a visit these days so nothing different here.

 

[clemens]

None of the banks in Cyprus, Mauritius, Belize or Bermuda require a personal visit to open an account with them. You can't get a credit card without to deposit some money but you can get a Visa or Mastercard debit card which can be used the same way just without credit line!

 

[swissbanking]

I have yet to see a offshore bank that does not offer a debit or credit card to their customers!!

 

[JohnLocke]

I have yet to see a offshore bank that does not offer a debit or credit card to their customers!!

I agree more or less. There are a few banks that won't offer their foreign customers a debit / credit card but most will.