Foreign Credit Card Customers
Intro
Application
A foreign national(must be 18 years or older) wishing to apply for a credit card must submit tax withholding certificates or other evidence of financial status, a photocopy of their passport, and a photocopy of a valid Alien Resident Certificate etc., and a Taiwanese guarantor is required or term deposit,current deposit or real security,and must submit their application according to the rules laid down by the Taiwan Business Bank. The Taiwan Business Bank has the right to refuse to issue a card to any applicant, at its own discretion.
Dealing with a lost credit card
If a foreign resident loses a credit card, they can report the loss and stop payment using the card by calling the Taiwan Business Bank 24-hour card loss hotline 0800-01-7171. The cardholder may also be required to pay a card loss charge, for more details, please contact branch of Taiwan Business Bank.
Taiwan Business Bank Credit card Product Fee Information
Annual Fee
Criteria of the annual fee charges
The annual fee of primary credit card Titanium Business Card is NT$3,000 , and supplementary card is NT$1,500. The annual fee of primary credit card Signature Card/Titanium Card/Platinum Card/Gold Card is NT$2,400 , and supplementary card is NT$1,200. The annual fee of primary Classic Card is NT$1,200 , and supplementary card is NT$600.
Terms of the waiver or reduction of annual fees
Titanium Business Card:The annual fee for the first year is waived. The annual fee for the coming year is waived if the accumulated usage or spending in the previous year has exceeded 12 times or NT$60,000 respectively.
Signature Card/Titanium Card/Platinum Card: The annual fee for the first year is waived. The annual fee for the coming year is waived if there is a consumer record.
Gold Card/Classic Card: The annual fee is waived.
Signature Card/Titanium Card/Platinum Card: The annual fee for the first year is waived. The annual fee for the coming year is waived if there is a consumer record.
Gold Card/Classic Card: The annual fee is waived.
Revolving Credit Interest
The calculation of revolving credit interest shall be from the posting date of each charge to be calculated into the revolving credit interest, based on an annual interest rate of 3%~15% , up to 15% , until all the amount payable is paid off.
Penalty Fee
In the month of default or late payment, the penalty fee imposed is NT$ 100. When the cardholder defaults or fails to make the minimum payment for 2 consecutive months, the penalty fee imposed is NT$ 300. In the event that the cardholder fails to make the minimum payment by the payment due date for 3 or more consecutive months, the penalty fee imposed is NT$ 500. A penalty fee may be collected for no more than three consecutive periods.
Cash Advance Fee
In the month of default or late payment, the penalty fee imposed is NT$ 100. When the cardholder defaults or fails to make the minimum payment for 2 consecutive months, the penalty fee imposed is NT$ 300. In the event that the cardholder fails to make the minimum payment by the payment due date for 3 or more consecutive months, the penalty fee imposed is NT$ 500. A penalty fee may be collected for no more than three consecutive periods.
Card Loss Report Fee
NT$ 200 for each charge. Primary credit card and supplementary card Separate billing.
Authorization of Settlement for Overseas Transactions
When the currency of transaction (including refund) is other than NTD, or an overseas transaction is settled in NTD dollar, the cardholder authorizes the TBB to convert the transaction amount into NTD based on the exchange rate provided by the international credit card organizations on the date of exchange settlement and add the fees that including the payment to international organizations and an additional 0.5% of each transaction amount for every transaction.
Charge Slip Inquiry Fee
NT$ 100 for each charge.
Re-issuance of Billing Statements
If you request the delivery of bank statements of the previous three months, a handling fee of NT$ 100 for each bank statement shall be charged by TBB.
Voice, Internet Transfer Pay Various Fees
Traffic violation fines
NT$ 20 for each charge.
Vehicle fuel use fee
Each amount× 1%.
Chunghwa Telecom charges
NT$ 10 for each charge.
Vehicle License Tax、House Tax、Land Value Tax、Business Tax、Enterprise Income Tax
NT$ 20 for each charge.
Individual Income Tax
According to the provisions of the year.
Public Service Payment Platform Fees
NT$ 20 for each charge.
Interested in Credit Card Service?
Check out our service branches
Please noted
- The Taiwan Business Bank will notify the applicant regarding these matters in writing or by e-mail.
- Taiwan Business Bank also provides Debit Card, with functions of domestic and foreign withdraw, transfer and debit from your account to enhance your saving and consumption, please contact the service phone 0800-01-7171 or branch during business hour for application and more information.
