Only those who have lived in Taiwan for more than one year can apply for a credit card. Those who have lived in Taiwan for less than one year can only apply for a "charge card" (a bank card without overdraft function, similar to that of mainland banks) when opening an account and making a deposit. debit card).

At present, many banks in Taiwan are able to provide financial services such as account opening and card application to mainland residents. Bring the "Taiwan Travel Permit for Mainland Residents" and the "Entry and Exit Permit" issued by Taiwan, plus the "Unified Certificate Number" for foreigners that you applied for online in advance, and go to the bank counter to start the relevant procedures.

The procedure is actually very simple. It mainly involves filling in a form. The content is similar to that when handling similar business at a mainland bank. You need to fill in your name, address, phone number, email address and other information in order, and then read the relevant service contract and Signature approval. The subsequent process of taking photos and storing evidence is a rather special procedure. This is a common requirement on the island for depositors to open accounts, and is a means to prevent "capital accounts".

Extended information:

The origin of credit cards

The earliest credit cards appeared at the end of the 19th century. In the 1880s, the British clothing industry developed so-called credit cards, and the tourism and business sectors followed suit. However, the cards at that time could only be used for short-term commercial credit, and the money still had to be paid as and when used. Long-term arrears were not allowed, and there was no credit line.

It is said that one day in the 1950s, American businessman Frank McNamara was entertaining guests for a meal in a New York hotel. After the meal, he found that he had forgotten his wallet and had to call his wife to bring cash. McNamara came up with the idea of ??starting a credit card company because he felt embarrassed about paying the bill at a restaurant.

In the spring of 1950, McNamara and his friend Schneider invested US$10,000 to establish the "Diners Club" in New York, the predecessor of Diners Club. Diners Club provides members with a card that can prove their identity and payment ability. Members can use the card to record their purchases at 27 designated restaurants without having to pay cash. This is the earliest credit card.

This kind of credit card that does not require bank processing is a commercial credit card. In 1952, Franklin National Bank in California, USA, was the first financial institution to issue a bank credit card, becoming the first bank to issue a credit card.

Baidu Encyclopedia-Credit Card