Temporary Residents

People who temporarily reside in Australia may be eligible to apply for some credit cards. Compare some of your options.

14 reviews
0% p.a. on balances transferred for 22 months, with a 2% balance transfer fee.
Annual fee refunded – a potential saving of $129 a year (conditions apply)
Earn 2 pts per $1 spent on overseas purchases.
Comes with Apple Pay.
accepts temp residents
purchase rate
annual fee
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American Express Business Explorer Credit Card
Apply by 31 jan 18
Receive 100,000 points when you apply by 31st Jan 2018, are approved and spend $3,000 on your card within the first 3 months.
Earn 50,000 business loyalty bonus points when you spend $100,000 every 12 months from the card approval date.
Enjoy up to two entries per year to the American Express Lounge.
More info
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Business Long Stay Visa (subclass 457)
16.99% p.a.
ongoing
$395
ongoing
Receive 50,000 points when you apply online, are approved and spend $1,500 on your card within the first 3 months.
Receive a $400 Travel Credit each year towards any flights, hotels and car hire when you book online with this card.
Enjoy up to two entries per year to the American Express Lounge.
More info
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Business Long Stay Visa (subclass 457)
20.74% p.a.
ongoing
$395
ongoing
HSBC Low Rate Credit Card
Apply by 30 jun 18
Enjoy 0% p.a. for 20 months on balances transferred to your new card.
A low 13.25% p.a. purchase rate.
60 months interest free with 0% finance for furniture, kitchens, computers, and TVs. (Conditions Apply)
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Yes
13.25% p.a.
ongoing
$79
ongoing
No annual card fee to pay each year.
Base earn rate is 1 pt per $1 spent. Get an additional 1 point per $1 when spending with Virgin Australia.
0% p.a. for 12 months for balance transfers and a one-off credit plan establishment fee of 1%.
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Business Long Stay Visa (subclass 457)
20.74% p.a.
ongoing
$0
ongoing
75,000 points when you spend $2,500 in 3 months.
$0 p.a. annual fee for the first year.
75 Bonus Status Credits when you buy and fly return with Qantas by 31st May 2018.
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Yes
19.99% p.a.
ongoing
$0
1st year
then $425
Enjoy $100 back when you spend $500 on eligible purchases in the first 60 days of approval.
Low 12.49% p.a. ongoing rate on purchases.
Low annual fee of $58 p.a.
More info
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Yes
12.49% p.a.
ongoing
$58
ongoing
Enjoy $250 back when you spend $500 on eligible purchases in the first 60 days of approval.
Up to 55 days on purchases.
$99 p.a. annual fee.
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Yes
11.49% p.a.
ongoing
$99
ongoing
$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.
Manage your account on the go 24/7 with ANZ’s goMoney app.
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Yes
19.74% p.a.
ongoing
$0
1st year
then $30
0% p.a. for the first 16 months on balance transfers with a 2% balance transfer fee on amounts transferred. Reverts to 21.49% p.a.
Low annual fee.
Up to 44 days interest free on purchases when you pay your account in full each month.
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Yes
19.74% p.a.
ongoing
$30
ongoing
25,000 points when you spend $2,500 in 3 months.
$0 p.a. annual fee for the first year.
Complimentary Qantas Frequent Flyer membership.
More info
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Yes
19.99% p.a.
ongoing
$0
1st year
then $95
65,000 points when you spend $2,500 in 3 months.
$0 p.a. annual fee for the first year.
Complimentary Qantas Frequent Flyer Membership.
More info
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Yes
19.99% p.a.
ongoing
$0
1st year
then $295
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Q&As about Temporary Residents from customers

Q: 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.

Q: How do I compare temporary resident credit cards?

From this page, it is possible to apply for the credit cards if you meet the eligibility requirements for that specific product. Then after that, it is up to you of what you need. If you are wanting points, consider getting a reward credit card. Or get a credit card with cash back on spending for a period of time.

Q: 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’s 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).
Q: 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.

Q: 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.

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