I had a good chat with my co-teacher about the advantages and disadvantages of credit cards. I deemed it necessary for us to acquire our own credit card mainly for booking our flights online and for emergencies . The idea of purchasing products or services whenever and wherever I want, without ready cash and paying for them at a later date sounds tempting too.

Anyway, I inquire at Bangkok Bank the qualifications and the required document for a credit card application.

Qualifications:
First, you must be at least 20 years of age and have an average monthly income of at least 20,000 Bt. You can combine your salary with other regular earnings such as bonus, commission and overtime pay. You may qualify for all types of Bangkok Bank Gold Cards, If you have an average monthly income of 25,000Bt. We also evaluate criteria such as your credit history when considering credit card applications.

I think I’m qualified.

Maybe next week, I’ll apply in person at any Bangkok Bank Branch and bring the following documents:

1. Passport and work permit as an expatriate.
2. Proof of my income such as: a payroll slip, a letter certifying my income, a tax withholding slip, or the latest receipt of my annual personal income tax.
3. A copy of my savings or fixed account statement for the past six months from a bank or financial institution.
4. Monthly statements from my current credit cards, if any, for the past three months.

A friend told me that it will take me no more than 15 working days to get my card. If my application will be approved I can can pick up my card at the Bangkok Bank branch nearest us.

I believe that credit cards could be considered the best friends as long as they are used in a right manner and the payments are made on time without getting in debt.