Ibrahim Gardner
International students can get unsecured credit cards, but it may be challenging. In the US, for example, a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN) is typically required for credit card applications. International students may not have an SSN or ITIN, and they may also lack a US credit history, which is another factor issuers consider. However, some credit card companies offer unsecured cards to international students with no credit history or an ITIN instead of an SSN. Additionally, international students can build their credit history by using secured credit cards, becoming authorised users on someone else's card, or applying for a specialist international student credit card.
| Characteristics | Values |
|---|---|
| Difficulty in getting an unsecured credit card | High |
| Options for getting an unsecured credit card | Secured credit card, credit builder loan, getting added as an authorized user on a trusted person's credit card, getting a Social Security Number (SSN), or an Individual Taxpayer Identification Number (ITIN) |
| Requirements for getting an unsecured credit card | Credit history, proof of income, age (21 years), ability to prove repayment of debts |
| Types of unsecured credit cards | Student credit cards, secured credit cards, prepaid credit cards |
| Benefits of unsecured credit cards | No annual fees, cashback rewards, no foreign transaction fees |
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What You'll Learn
Getting an ITIN
International students can get a credit card in the US, but it depends on their circumstances and the credit card issuer's policies. While most credit card applications require an SSN, some issuers will accept an Individual Taxpayer Identification Number (ITIN) or even a visa. An ITIN is a 9-digit number issued by the IRS for federal tax purposes if you don't qualify for an SSN.
Step 1: Check if you need an ITIN
Firstly, determine if you need an ITIN. You will need an ITIN if you are not a US citizen and don't have an SSN. If you are a resident alien, nonresident alien, or their spouse or dependent, you can apply for an ITIN regardless of your immigration status.
Step 2: Gather required documents
To apply for an ITIN, you will need to provide proof of foreign status and identity, as well as proof of US residency for dependents. You will also need to include supporting documents such as passports and birth certificates. If you are applying with family members, ensure you have the required documents for each applicant.
Step 3: Submit your application
There are three ways to apply for an ITIN:
- Fill out Form W-7, Application for IRS Individual Taxpayer Identification Number (ITIN), and submit it with your tax return.
- Contact an IRS-authorized Certifying Acceptance Agent (CAA).
- Make an appointment with the IRS Taxpayer Assistance Center.
You can apply by mail or in person, and it is free to apply at select VITA sites and Taxpayer Assistance Centers in the US.
Step 4: Wait for processing
It can take up to seven weeks to receive a notification about your ITIN application status. If you applied during tax season (January 15 to April 30) or from overseas, it may take up to 11 weeks. If you don't receive a notice within this timeframe, follow up with the IRS.
By following these steps, international students who don't have an SSN can obtain an ITIN, which may help them get a US credit card and build their credit history.
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Becoming an authorized user
International students can get unsecured credit cards in the US, but it may be challenging. Most credit card applications require a Social Security number (SSN) or an Individual Taxpayer Identification Number (ITIN). International students with an F-1 visa or other student visas may qualify for an SSN if they have a part-time job or have a job lined up.
If you are an international student without an SSN or ITIN, you can become an authorized user on someone else's credit card account. This precludes the need for an SSN or ITIN with some banks. As an authorized user, you will have permission to use the credit card, but you are not responsible for repaying the debt. The primary cardholder is responsible for making payments and managing the account.
To become an authorized user, you need to find someone willing to add you to their credit card account. This could be a trusted friend or family member. Once the primary cardholder adds you to their account, you will receive your own card with your name on it, typically at no additional cost.
It is important to note that becoming an authorized user also has its risks. The primary cardholder has full control and responsibility for the account. If the authorized user spends too much and cannot repay the balance, the primary cardholder may attempt to collect the money from them. Additionally, if the primary cardholder closes the account, the authorized user will need to open a new account on their own.
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Getting a part-time job
International students may be able to get an unsecured credit card in the US, depending on their circumstances and the credit card issuer's policies. While some credit card companies require applicants to have a US credit history, a Social Security Number (SSN), or an Individual Taxpayer Identification Number (ITIN), others may allow applicants to use their student visa or even become an authorized user on a trusted person's credit card.
Now, here are some tips for international students looking to get a part-time job:
Know the legal requirements
Before starting your job search, it's important to understand the legal requirements for working in your country of study. In some countries, you may need a work permit or visa that allows you to work a certain number of hours per week. For example, in Canada, international students are allowed to work off-campus up to 24 hours per week without a work permit, but working more than that is a violation of their student permit conditions. Make sure you meet all the requirements for working while studying to avoid any legal issues.
Improve your language skills
If you're studying in a non-native English-speaking country, improving your language skills can increase your chances of finding a part-time job. Consider learning the basics of the local language to help you in simple work settings. Alternatively, look for jobs within an international environment where English is primarily spoken.
Explore on-campus and off-campus opportunities
Universities and colleges often offer part-time, entry-level jobs for international students, such as campus ambassador, research study assistant, or peer mentor roles. These jobs can provide valuable work experience while allowing you to earn money to fund your studies. You can also explore off-campus opportunities, such as delivery services, tutoring, or internships.
Be creative and persistent
Finding a part-time job that fits well with your studies may take several attempts, so be creative in your search and persistent in your job hunt. Consider the type of job you want after graduation and look for student jobs that can give you relevant experience. You can also speak with your international office or career center to seek job referrals and practical advice.
Understand your visa and income requirements
Depending on your student visa, you may be eligible for part-time employment, which can not only provide income to support your studies but also help you qualify for an SSN or ITIN, which is often required for credit card applications. Remember to agree with your employer on the number of working hours per week and adjust your work schedule to fit your studies.
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Secured credit cards
International students may be able to get a credit card in the U.S., depending on their circumstances and the credit card issuer’s policies. Credit card issuers typically review credit history when evaluating applications. If you don’t have U.S. credit reports or if you have a thin credit file, it may be more difficult for issuers to assess your creditworthiness.
Most secured credit cards require a Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN) to apply. If you don’t have an SSN, you may be able to apply with an ITIN instead. Some credit card issuers will even accept your passport with your application. You can request an ITIN by submitting IRS Form W-7.
If you are unable to obtain an SSN or ITIN, you can still build a credit history in other ways. One way is to enroll in Experian Boost, which includes payments such as utility bills and other bills in your credit report. Another option is to become an authorized user on a trusted friend’s or family member’s credit card. This may be more difficult if your family and friends are outside the U.S.
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Student credit cards
International students can get unsecured credit cards, but the process can be challenging. Most credit card applications require a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN). International students can obtain an SSN if they have a part-time job, but they must first get authorization and have employment lined up. A part-time job can also serve as proof of income for getting a credit card. If an international student is not eligible for an SSN, they can apply for an ITIN. Some credit card issuers will accept this in place of an SSN.
Another option for international students is to become an authorized user on a trusted person's credit card. This allows them to build credit history, which is necessary for getting approved for a credit card. Students with F-1 or other student visas may qualify for an SSN, but they must get authorization and may need to have a job offer first.
Some credit card issuers may also accept an international student's passport with their application. Additionally, some providers are experienced in supporting international students and may allow them to use proof of address from their home country to access their services.
International students can also consider getting a secured credit card, which functions similarly to a traditional unsecured credit card but requires a refundable security deposit. This deposit becomes the cardholder's credit limit. By using a secured credit card and paying bills on time, international students can build their credit score and gain access to other credit options.
- Capital One SavorOne Student Cash Rewards Credit Card: This card can be applied for with an ITIN and has no annual fee. Cardholders can earn 3% cash back on purchases for dining, entertainment, streaming services, and groceries.
- Capital One Quicksilver Rewards for Student: This card can also be obtained with an ITIN and offers 1.5% cash back on every purchase, with no annual fee.
- Petal 2: This card can be applied for with an ITIN, but it is only available in the US, so students cannot get it before arriving in the country. A US phone number and address are required.
- Discover Student Cards: These cards require a credit check, but other factors are considered, and applicants may be approved even if they don't meet the minimum credit score. Applicants can use their ITIN instead of an SSN if they are over 18 and US residents. The Discover it® Cash Back Credit Card offers rewards such as cash back or miles.
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Frequently asked questions
Yes, international students can get an unsecured credit card in the U.S., but it may be difficult. The process can be complicated, and requirements vary depending on the credit card issuer.
Most applications require a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN). Some issuers may also accept a passport or visa. You will also need a credit history or a co-signer.
You can build your credit history by using a secured credit card, becoming an authorized user on a trusted person's credit card, or paying your utility bills on time.
