Can you have 2 credit cards from different banks?
If you meet the eligibility requirements, you can have 2 credit cards from different banks or issuers. It's also possible to get 2 credit cards from the same bank.
For example, if you run a business, you might want a personal credit card for everyday spending and a business credit card to keep track of work expenses. These cards could be from the same bank, or 2 different ones, it's up to you which cards you apply for.
But keep in mind that it's usually more cost-effective to have just 1 card, unless you have a specific reason for using 2, because you'll be dealing with multiple fees and interest rates. Having more than 1 credit card can also impact your credit score.
what is the minimum transfer amount, i am getting a credit card from another bank. thanks.
Hi BB,
Thanks for getting in touch with Finder! If you are referring to a balance transfer credit card application, the minimum transfer amount will depend on the approved amount given to you by the bank. As a friendly reminder, review the eligibility criteria of the card before applying and read up on the terms and conditions of the card. Feel free to reach out to the bank if you need any clarifications.Hope this helps!
Best,
Nikki
I have a savings bank account but I m a student and have no regular savings. Now, can I apply for credit card?
Hi Masoom,
Thank you for getting in touch with Finder.
Regarding your enquiry, you must have enough income to service the minimum credit limit available on the card. Income can include your wages from full or part-time work, as well as Centrelink payments and even student scholarships in some cases. If you do not have a source of income, you can consider a supplementary card on a parent or guardian’s credit account or a Visa debit or Mastercard debit card.
You may want to see our list of credit card issuers that offer student credit card, kindly refer to our comparison table to find the card that suits you. When you are ready, you may then click on the “Go to site” button and you will be redirected to the bank’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.
I hope this helps.
Have a great day!
Cheers,
Jeni
How can i get a credit card even if I don’t have savings account?
Hi Red,
Thank you for your comment.
As long as you meet the eligibility criteria, you can apply for a credit card even if you do not have a savings account. You have to carefully check the requirements, terms, and conditions, and eligibility before you submit an application. Refer to our guide on how to apply for your first credit card. On the page is a comparison table you can use to see which card suits you.
When you are ready, you may then click on the “Go to site” button and you will be redirected to the bank’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. You can also contact the provider if you have specific questions.
Regards,
Jhezelyn