Credit cards are still very convenient in China, so some friends may want to ask, can I apply for a credit card when studying abroad? What is the difference between foreign credit cards and domestic ones? Let’s learn about Australia with me Are there any credit cards that international students can apply for?

For those who have just arrived in Australia, the most important thing is to apply for a local bank card first. Applying for a credit card can not only be used for consumption, but also proves that you have good credit standing. , to reduce unnecessary trouble when handling various complicated procedures.

1: CITI BANK (Citibank) - VISA Gold Card

Advantages: Points are accumulated relatively quickly, insurance is good, and Citibank branches are all over the world, which is convenient. There are many PROMOTIONs, such as BALANCE TRANSFER from another bank, you may enjoy a lifetime repayment INTEREST of 4.9%.

Disadvantages: Compound interest calculation, which means that while you are enjoying low repayment interest, if you If you continue to use this card to make purchases, compound interest will be calculated, which is not cost-effective. Smart people should stop using the card after BALANCE TRANSFER, and just make the payment on a monthly basis. The annual fee is relatively high.

2: COMMBANK (Commonwealth Bank) - MasterCard Gold Card

Advantages: IMIT is relatively high, interest-free period is long, online banking is more convenient, and shopping is insured.

Disadvantages: high annual fee, slow points accumulation, and few PROMOTIONs.

Three: HSBC BANK (HSBC Bank)--VISA ordinary card

Advantages: high IMIT, easier to apply for, lots of PROMOTIONs, and often repay with a half-year TRASFER of 3.9% INTEREST, sometimes even 0%. Low annual fee

Disadvantages: No insurance, points are relatively slow.

Four: AMEX (American Express) - Express Points Gold Card

Advantages: Points are accumulated very quickly. You can get 1.5 POINTS for one dollar, and REWARDS PROGRAM can be exchanged for many Points from airlines, such as Singapore Airlines, Malaysia Airlines, Thai Airways, Cathay Pacific and Australia's QANTAS AIR, etc.

Disadvantages: Difficult to apply, extremely high annual fee, no insurance as a gold card, low LIMIT.

Five: ANZ BANK (Australian and New Zealand Bank) - VISA ordinary card

Advantages: low annual fee.

Disadvantages: Less IMIT, only 1.5 Australian dollars can be exchanged for 1POINT.