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3 minutes ago, littlemick said:
I also completely understand their reluctance. Any idea how to go about getting a secured card? That’s what I presumed the fortune 500 thing was about – I was expecting them to ask me for a guarantee letter from my company or something, but none of them even mentioned this. Is this something I have to volunteer?
Basically you give em 10,000 RMB or whatever which gets locked up and you get a “credit card”, for which you are liable for just like a normal credit card and that 10k is something you get back when you cancel the card. So, it’s like a really shitty debit card, but it builds a credit history and eliminates the risk from the bank perspective.
There’s a small loophole you can use to secure card with a low limit on it that can be jacked up to 5~10w eventually. But I suspect foreigners getting it is purely a fluke, not by design and for that reason I’m not gonna say much else about it. To have it leave a proper credit record linked to yourself also requires some effort and unless you’re a fluent or highly-proficient and literate speaker I advise against it.