Credit cards for temporary residents

If you are a temporary resident of Australia, you may be eligible to apply for a credit card. Compare some of your options here.

By   |   Verified by David Boyd   |   Updated 27th August 2020

Comparing credit cards for temporary residents

ANZ Low Rate

On ANZ's website

ANZ Low Rate

Temporary resident

Yes

Balance transfer

22 months at 0% p.a.

Purchase rate

12.49% p.a. ongoing

Annual fee

$0.00 for 1st year

Highlights

  • 0% p.a. for 22 months on balance transfers (1.5% balance transfer fee applies). Reverts to cash advance rate of 20.24% p.a.
  • Low 12.49% p.a. ongoing rate on purchases.
  • No annual fee for the first year ($58 thereafter).
ANZ First for Students Credit Card

On ANZ's website

ANZ First for Students Credit Card

Temporary resident

Yes

Balance transfer

N/A

Purchase rate

20.24% p.a. ongoing

Annual fee

$0.00 for 1st year

Highlights

  • $0 p.a. annual fee for the first year, then $30 p.a..
  • An easy to manage credit limit from $500 will mean you can't build up a lot of debt.
  • Make every day a little bit easier and do your banking on the go with the ANZ App.
HSBC Platinum Credit Card Balance Transfer Offer

On HSBC's website

Apply by 30 September 2020

HSBC Platinum Credit Card Balance Transfer Offer

Temporary resident

Yes

Balance transfer

22 months at 0% p.a.

Purchase rate

19.99% p.a. ongoing

Annual fee

$129.00 p.a. ongoing

Highlights

  • 0% p.a. on balances transferred for 22 months, with no balance transfer fee.
  • $129 p.a. annual fee which is refundable each year when you spend $6,000 on eligible purchases.
  • Earn 2 points per $1 spent on overseas purchases.
St.George Vertigo Visa

On St.George's website

Apply by 30 September 2020

St.George Vertigo Visa

Temporary resident

Yes

Balance transfer

22 months at 0% p.a.

Purchase rate

7 months at 0% p.a.

Annual fee

$0.00 for 1st year

Highlights

  • 0% for 22 months on balance transfers with 1.5% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • 0% p.a. on purchases for up to 7 months from card approval (reverts to 13.99% p.a. thereafter).
  • $0 p.a annual fee for the first year ($55 p.a. thereafter).
American Express Explorer Credit Card

On American Express' website

American Express Explorer Credit Card

Temporary resident

Yes

Balance transfer

N/A

Purchase rate

20.74% p.a. ongoing

Annual fee

$395.00 p.a. ongoing

Highlights

  • Get 50,000 Membership Rewards points when you apply online, are approved and spend $3,000 in the first 3 months. New Card Members only.
  • Receive a $400 Travel Credit each year towards any flights, hotels and car hire when you book online with this card.
  • T&Cs and eligibility criteria apply. Available to new card members only.
ANZ Rewards Black Credit Card

On ANZ's website

ANZ Rewards Black Credit Card

Temporary resident

Yes

Balance transfer

N/A

Purchase rate

20.24% p.a. ongoing

Annual fee

$375.00 p.a. ongoing

Highlights

  • Receive 150,000 points when you spend $4,000 on eligible purchases in the first 3 months from approval.
  • Free International Travel Insurance.
  • Eligibility criteria, T&Cs, fees and charges apply.
ANZ Rewards Credit Card

On ANZ's website

ANZ Rewards Credit Card

Temporary resident

Yes

Balance transfer

N/A

Purchase rate

20.24% p.a. ongoing

Annual fee

$80.00 p.a. ongoing

Highlights

  • 50,000 points when you spend $1,000 on eligible purchases in the first 3 months from approval.
  • An easy to manage credit limit from $1,000.
  • Earn ANZ Rewards Points on everyday purchases.
ANZ Rewards Platinum Credit Card

On ANZ's website

ANZ Rewards Platinum Credit Card

Temporary resident

Yes

Balance transfer

N/A

Purchase rate

20.24% p.a. ongoing

Annual fee

$95.00 p.a. ongoing

Highlights

  • Receive 100,000 points when you spend $2,500 on eligible purchases in the first 3 months from approval.
  • A range of complimentary insurances for travel and purchases.
  • Earn ANZ Rewards Points on everyday purchases.
Bankwest More Mastercard

On Bankwest's website

Bankwest More Mastercard

Temporary resident

Yes

Balance transfer

6 months at 0% p.a.

Purchase rate

19.99% p.a. ongoing

Annual fee

$100.00 p.a. ongoing

Highlights

  • 19,500 annual bonus points when you spend $24,000 on eligible purchases in the year.
  • 0% p.a. for 6 months on balance transfers with 1% balance transfer fee. Reverts to 19.99% p.a. thereafter.
  • Earn up to 1.5 points per $1 spent on eligible purchases.
Bankwest More Platinum Mastercard

On Bankwest's website

Bankwest More Platinum Mastercard

Temporary resident

Yes

Balance transfer

6 months at 0% p.a.

Purchase rate

19.99% p.a. ongoing

Annual fee

$160.00 p.a. ongoing

Highlights

  • 75,000 annual bonus points when you spend $48,000 on eligible purchases in the year.
  • Earn up to 2 points per $1 spent on eligible purchases.
  • No foreign transaction fees and complimentary international credit card travel insurance.
Bankwest Qantas Platinum Mastercard

On Bankwest's website

Bankwest Qantas Platinum Mastercard

Temporary resident

Yes

Balance transfer

9 months at 2.99% p.a.

Purchase rate

20.49% p.a. ongoing

Annual fee

$160.00 p.a. ongoing

Highlights

  • Earn 0.75 points per $1 on your first $2,500 spent on eligible purchase per month.
  • Up to 12 months of extended warranty insurance and 3 months purchase security insurance (conditions apply).
  • Enjoy complimentary insurances along with this card including overseas travel insurance for you and family members travelling with you.
Bankwest Qantas World Mastercard

On Bankwest's website

Bankwest Qantas World Mastercard

Temporary resident

Yes

Balance transfer

9 months at 2.99% p.a.

Purchase rate

20.49% p.a. ongoing

Annual fee

$270.00 p.a. ongoing

Highlights

  • Uncapped points-earning potential.
  • Up to 12 months of extended warranty insurance and 3 months purchase security insurance (conditions apply).
  • Enjoy complimentary insurances along with this card including overseas travel insurance for you and family members travelling with you.
ANZ First Visa Credit Card

On ANZ's website

ANZ First Visa Credit Card

Temporary resident

Yes

Balance transfer

18 months at 0% p.a.

Purchase rate

20.24% p.a. ongoing

Annual fee

$30.00 p.a. ongoing

Highlights

  • 0% p.a. for the first 18 months on balance transfers with a 2% balance transfer fee on amounts transferred. Reverts to 20.24% p.a..
  • Low annual fee of $30 p.a.
  • Up to 55 days interest-free on purchases when you pay your account in full each month.

Learn all about credit cards for temporary residents

  • Q&As

Who is a temporary resident?

A temporary resident is someone who resides in Australia commonly for work, education, diplomatic activity or training for a few short months or it could be for 4 years. For example, someone could be in Australia on a working holiday visa for up to 2 years. Another common example would be someone on a business entry visa which allow employers to recruit skilled people from overseas for a stay of up to four years.

What are the eligibility requirements for a temporary resident?

It depends on the credit card provider you are going to be with. For example, if you wanted to get an American Express credit card, you will need to have:

  • A Business Long Stay Visa. (Subclass 457)
  • A minimum income that varies between the American express products, but starts at AUD $35,000
  • And other criteria that need to be filled out depending on which card you apply for.

Another example is the range of Westpac credit cards. If you want to apply for these cards you will need:

  • To have a minimum fixed salary of AUD $50,000 p.a. Or a minimum deposit of AUD $250,000 in a Westpac account OR an ongoing source of income after arriving in Australia.
  • Or have an employee sponsored visa, Skilled Permanent or Skilled Independent Regional visa, Business Skills, Investor or Talent visa.
  • Be in Australia or be moving to Australia within six to eight weeks of submitting your application.
  • You have an Australian residential address (cannot be hotels and hostels).

What credit cards can I apply for being a Temporary Resident?

Your choices are restricted. The cards on this page are a selection of some of the cards open to temporary residents. There may be other cards not listed on this website.

Is it more difficult to be approved for a credit card if someone is a temporary resident in Australia?

Yes, the standards to prove your identity, residency status and income is higher than the standards needed for permanent residents or citizens of Australia. But it may not be as hard as you might think. If you can prove your residency status with your Immigration department visa documents, establish your ID and prove that you meet the income requirements then it is possible for a bank to approve your application.