This isn't exactly an investing question, but a financial management question. I have been resident in Italy for nearly two years now. I have been unable to find a
credit card product. I am looking for something like I had in Canada:
- generous credit limit (I pay it all off monthly but if I want to buy several washing machines and a big TV one month, I don't want to dork around with a 2000 Euro credit limit.)
- denominated in Euros to avoid foreign transaction fees
- will give me a card based on retirement income, as I don't and can't work here (visa restrictions)
For two years, I've continued to use my Canadian credit cards, which sadly do have foreign transaction fees (it's a rare Canadian card that doesn't). I have prepaid credit cards here, but have not been able to find a true credit card with a reasonable say 10K credit limit. It does not seem to be very popular here. I've looked at fintech as well as bigger banks. I'm pretty sure I'll never get a card in Italy, as they all demand pay stubs and have low credit limits, but maybe Germany or Switzerland? UBS or Deutsche Bank?
All suggestions or real-life experiences appreciated.
