[Italy/Eurozone] Euro credit card

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Vogatrice
Posts: 95
Joined: Mon Mar 25, 2019 4:56 pm

[Italy/Eurozone] Euro credit card

Post by Vogatrice »

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.)
  • low or no annual fee
  • 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.
Laurizas
Posts: 418
Joined: Mon Dec 31, 2018 4:44 am
Location: Lithuania

Re: [Italy/Eurozone] Euro credit card

Post by Laurizas »

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Hyperborea
Posts: 877
Joined: Sat Apr 15, 2017 10:31 am
Location: Japan

Re: [Italy/Eurozone] Euro credit card

Post by Hyperborea »

There are Canadian credit cards with no foreign transaction fees. I know relatives have them but not sure which ones.
It’s not just that facts don’t seem to matter anymore. It’s that it doesn’t seem to matter that facts don’t matter.
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