Credit cards for temporary residents

Yes, you can get a credit card if you have a temporary resident visa. But most card companies want you to have a working or business visa (not a student visa) with at least 12 months before it expires, plus proof of employment.

Richard Whitten's headshot

By

Richard Whitten

Updated

Fact checked
1 - 12 of 76
Updated regularly
Product AUCCF Purchase rate p.a. Balance transfer rate p.a. Annual fee
Westpac Lite Card
Westpac Lite Card image
Purchase rate p.a.
9.9%
Annual fee
$108
Save with 0% foreign transaction fees, a low interest rate on purchases and cashback offers through Westpac Extras.
Go to siteMore Info
NAB Low Rate Credit Card
NAB Low Rate Credit Card image
Purchase rate p.a.
13.49%
0% for 24 months with 3% balance transfer fee, then 21.74%
Annual fee
$59
Get a 0% p.a. interest rate on balance transfers for the first 24 months (with a 3% BT fee).
Go to siteMore Info
Purchase rate p.a.
13.74%
21.99%
Annual fee
$58
Get $250 back on your card when you spend $1,500 on eligible purchases in the first 3 months.
Go to siteMore Info
Westpac Low Rate Card
Westpac Low Rate Card image
Purchase rate p.a.
13.74%
0% for 26 months with 2% balance transfer fee, then 21.99%
Annual fee
$59
Save with a 0% p.a. interest rate on balance transfers for 26 months (with a 2% BT fee). Plus, a low 13.74% p.a. purchase interest rate.
Go to siteMore Info
St.George Vertigo Card
St.George Vertigo Card image
Purchase rate p.a.
13.99%
0% for 24 months with 1% balance transfer fee, then 21.99%
Annual fee
$55
Get a 0% p.a. interest rate on balance transfers for 24 months (with a one-time 1% balance transfer fee).
Go to siteMore Info
American Express Explorer Credit Card
American Express Explorer Credit Card image
Purchase rate p.a.
23.99%
Annual fee
$395
Get 50,000 Membership Rewards Bonus Points and spend $4,000 on eligible purchases in the first 3 months.
Go to siteMore Info
ANZ Platinum Credit Card
ANZ Platinum Credit Card image
Purchase rate p.a.
20.99%
21.99%
Annual fee
$0 first year ($87 after)
Get $100 back on your card when you spend $2,000 on eligible purchases in the first 3 months and a $0 first-year annual fee. Plus, complimentary overseas travel insurance.
Go to siteMore Info
Qantas American Express Ultimate Card
Qantas American Express Ultimate Card image
Purchase rate p.a.
23.99%
Annual fee
$450
Get a yearly $450 Travel Credit and 50,000 bonus Qantas Points when you spend $3,000 on eligible purchases in the first 3 months.
Go to siteMore Info
Westpac Altitude Platinum Card
Westpac Altitude Platinum Card image
Purchase rate p.a.
20.99%
Annual fee
$99 first year ($175 after)
Up to 120,000 bonus Altitude Points (90,000 points in year 1 when you spend $3,000 in the first 90 days & 30,000 points after the first spend in year 2).
Go to siteMore Info
St.George Vertigo Card - Cashback Offer
St.George Vertigo Card - Cashback Offer image
Purchase rate p.a.
13.99%
6.99% for 12 months, then 21.99%
Annual fee
$55
Get up to $500 cashback at eligible supermarkets and petrol stations in the first 180 days. Plus, a low interest rate for purchases.
Go to siteMore Info
American Express Platinum Card
American Express Platinum Card image
Purchase rate p.a.
0%
Annual fee
$1,450
Earn 150,000 Membership Rewards Bonus Points when you spend $5,000 on eligible purchases in the first 3 months.
Go to siteMore Info
St.George Amplify Signature
St.George Amplify Signature image
Purchase rate p.a.
20.99%
Annual fee
$199 first year ($295 after)
150,000 bonus Amplify Points (worth $675 in gift cards) when you spend $12,000 in the first 12 months. Plus, a first-year annual fee discount.
Go to siteMore Info
loading

Cards from

View more

Start comparing

Key takeaways

  • You can apply for a credit card if you're a temporary resident or a recent immigrant. But your options vary depending on what type of visa you hold.
  • Some banks won't let people on student visas take out credit cards. You may need a visa that's valid for 12 months from when you apply.
  • You'll have a better chance getting approved for a low rate credit card with a low credit limit.

Which banks offer credit cards to temporary residents?

Here are some of the main banks and card companies that offer credit cards to temporary residents.

  • American Express. You'll need a long term visa (12 months or more). No student visas are accepted.
  • ANZ. You can get a credit card on a working or business visa as long as it has at least 12 months validity.
  • BankSA. You'll need an acceptable Australian visa with at least 12 months validity, plus a fixed residential address in Australia.
  • Commonwealth Bank. You need to have the legal right to work in Australia with a visa that's valid for at least 6 months. The bank accepts a large list of work and business visas (including student visas) but not working holiday visas.
  • NAB. You'll need to be a permanent resident or on an acceptable temporary residency visa. Visitor, working holiday, student or bridging visas are not eligible.
  • St.George. You'll need an acceptable Australian visa with at least 12 months validity.
  • Westpac. You'll need an acceptable Australian visa with at least 12 months validity.

Eligibility requirements for getting a credit card as a temporary resident

Every bank and credit card company has its own criteria. But generally you should meet before applying for an Australian credit card as a temporary resident.

  • Age. You must be at least 18 years of age to apply for a credit card.
  • Employment. You need to be employed, and you may need to provide recent payslips as evidence. If you've started a new job then a signed contract of employment or a letter from your employer may be required.
  • Passport. You will have to supply your passport number and/or a certified copy of your passport for the application.
  • Visa status. You must have a valid, eligible visa. Depending on the credit card issuer, you may need to have a minimum amount of time left on the visa to apply (for example, 1 year before the visa expiry date). If you don't know if your visa is eligible, contact the bank or credit card brand directly for more details based on your situation.
  • Australian address. You must have a residential address in Australia to apply for a credit card.
  • Australian bank account. You must have applied or opened an Australian bank account to get a credit card.

You may need to visit a branch

Many Australian banks require first time customers living in Australia temporarily to apply for a bank account or credit card in person. This means you'll need to visit your nearest bank branch.

Graham Cooke's headshot
Our expert says

"Your eligibility for a credit card depends on your visa type, employment status and how long you've lived in Australia. Start with a basic or secured credit card to build Australian credit history. Provide complete documentation, including your passport and visa information. "

Head of consumer research

Credit card eligibility for New Zealand citizens living in Australia

The Australian government has a special visa for New Zealand citizens, which allows them to study, work and live in Australia as long as they remain NZ citizens and meet the visa's character requirements.

So New Zealand citizens can usually apply for most Australian credit cards, as long as they have a permanent address in Australia and meet the card's other eligibility requirements.

Can I transfer my existing credit card to an Australian one?

You can't transfer an overseas credit card balance to an Australian credit card. But if your credit card is issued by a company that offers global services or "moving abroad" transfers, you may be able to open an account more easily in a new country.

For example, the American Express Global Card Relationship service allows you to apply for an Amex card in your new country by logging in to your existing account. So if you moved to Australia, you would need to log into your current Amex account, choose a new Amex card and then apply using your Australian address and contact details.

HSBC customers with Premier status can also bank internationally and easily apply for credit cards in different countries.

Do Australian banks consider overseas credit history?

Banks and credit card issuers in Australia only consider your Australian credit history. This means if you have an excellent credit rating overseas (or a bad credit rating), it won't impact your application for a credit card.

But if you don't have many details on your Australian credit file as a temporary resident, providing accurate details and additional documents will help support your application and your chance of approval. You can also check your Australian credit history and get your score for free with the Finder app.

Establishing credit history as a recent immigrant to Australia

When you arrive, you can start building your credit history in a few steps:

  1. Open a bank account. Having an Australian bank account will make it easier to receive income from work here, and use it for spending.
  2. Set up your utility accounts. This includes energy, internet and mobile phone plans. Finder's guide to utilities has more details and a comparison of different options.
  3. Check your credit score. You can get a free copy of your credit report and credit score through Finder, which will help you keep track of what details are added to your Australian credit history.
  4. Apply for credit products that you're eligible for. Not all utility accounts are added to your credit report, so you may not have any credit history in Australia until you get a credit-based account. For example, a credit card or personal loan. But it's important to only apply when you have found an account you want, that's also affordable for you.

Frequently asked questions

Richard Whitten's headshot
Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 557 Finder guides across topics including:
  • Home loans
  • Property
  • Personal finance
  • Money-saving tips
More resources on Finder

More guides on Finder

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

55 Responses

    Default Gravatar
    JohnMarch 9, 2015

    Is it possible to get a loan 571 visa?

      AvatarFinder
      JonathanMarch 9, 2015Finder

      Hi John,

      Thanks for your inquiry.

      There are a few lenders who consider applications for personal loans from people that have a temporary resident visa. Most lenders will need you to meet higher minimum income criteria or show extra credentials. Also, you may need to meet the details of your visa before you are approved to ensure that the terms of the personal loan do not exceed the amount of time left on your visa.

      You may compare personal loans for temporary residents to see your options. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

      Cheers,
      Jonathan

    Default Gravatar
    EmilyDecember 22, 2014

    My husband is on a 457 visa we read online that NAB do credit cards for the period of the visa when we called the bank they said they don’t do it until I mentioned that there website says they do. Then they said they can do it for him. He has no defaults and has been banking with NABfor 2 years. He got a call the next day saying it was declined but they didn’t tell him why.

      AvatarFinder
      ElizabethDecember 23, 2014Finder

      Hi Emily,

      Thanks for your question.

      NAB does accept applications from 457 Visa holders as you mentioned, but other criteria, including income and other financial requirements, also need to be met. Card issuers often don’t tell you why your application was rejected, you can click on the link and find out more information on common reasons.

      I hope this has helped.

      Thanks,

      Elizabeth

    Default Gravatar
    KimberleyDecember 9, 2014

    Is it possible to get a loan or credit card on a 417 visa?

      AvatarFinder
      ElizabethDecember 10, 2014Finder

      Hi Kimberley,

      Thanks for your question.

      It is possible to get a loan and credit card, but certain rules apply and the criteria differ depending on who you apply with. You can find out about loans for temporary residents, you can look on the page above for some credit card options. It might be best to get in touch with the provider/lender before you apply to discuss your eligibility.

      I hope this has helped.

      Thanks,

      Elizabeth

    Default Gravatar
    IainNovember 8, 2014

    Hi,

    Is it possible to get a credit card whilst on a 309 partner visa?

    Thanks

      AvatarFinder
      ElizabethNovember 10, 2014Finder

      Hi Iain,

      Thanks for your question.

      This is really up to the card issuer you are applying with. As you can see from this page there are a few banks that will consider people on temporary visas, so you may want to get in contact with those listed above to discuss your eligibility.

      I hope this has helped.

      Thanks,

      Elizabeth

    Default Gravatar
    rajOctober 15, 2014

    If I get a credit card from a respective bank and failed to pay the owed amount and leave Australia. Would that be considered as national debt? ??

      Default Gravatar
      rajOctober 15, 2014

      Hi there
      my name is Raj and I want to know if someone has a debt through a credit card and he is unable to pay it back. May there be any police or court proceedings against that body. And also i want to know if someone is filing a permanent residence in Australia. Does has require to payback all his debts owed while being a temporary resident.
      Thanks in advance.

      AvatarFinder
      ElizabethOctober 16, 2014Finder

      Hi Raj,

      If you are unable to repay credit card debt the card issuer may sell the debt to a debt collections agency who can pursue you for payment. They may also initiate court proceedings to get the debt back and the debt will be listed on your credit file for five years if you fail to repay it. I’m unaware if you’ll be required to repay the debt before you can become a permanent resident, you may need to get in touch with the Department of Immigration to confirm this.

      I hope this has helped.

      Thanks,

      Elizabeth

      AvatarFinder
      ElizabethOctober 15, 2014Finder

      Hi Raj,

      Thanks for your question.

      This would be considered your personal debt and would be listed on your Australian credit file.

      Hope this has helped.

      Thanks,

      Elizabeth

Go to site