Finance

Taiwan Credit Card Details You Should Know

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 Applying for a credit card in Taiwan is complicated for foreigners. This is mainly due to the language barrier and cultural differences. Banking in Taiwan is painful even for the residents. However, we have made this guide to give you information related to a credit card in Taiwan. If you are a foreigner living in or travelling to Taiwan, then you may find this article useful.

If you are planning to apply for a credit card in Taiwan, then you can do it through Moneybosstw.

Can foreigners apply for credit cards in Taiwan?

Many of you want to know whether it is possible to apply for a credit card in Taiwan as a foreigner. Well, the answer is yes.

There are several banks in Taiwan and each one of them has its own set of rules to be followed. To apply for a credit card in Taiwan, you have to first meet their requirement which is common in all places.

When you apply for a credit card, you have to follow the policy laid down by the bank. This is not just applicable to foreigners, but also for the residents. It usually takes a bit longer, before you receive your card in your hand.

What are the benefits you get from Taiwan credit cards?

As you know, credit cards come with many benefits and perks. If you own a Taiwan credit card, then you can enjoy the following benefits:

  1. Cashback rebates

Most credit cards in Taiwan offers you at least 1 to 3% of cashback on every transaction you made. However, this depends on the card you are using. By using a Taiwan credit card on your purchases, you can save a lot of money.

  1. Traveller’s insurance

Many credit cards in Taiwan comes with traveller’s insurance that covers flight tickets that you purchase with the card.

  1. Gifts

You can also get gifts with Taiwan credit cards. The gift is delivered to you along with the card.

As a foreigner, you can apply for a credit card in Taiwan. The more you swipe it, the more benefits you get.

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