Tag Archives: apply for credit card

How to apply credit card for student Indonesia?

We live in the dawn of a cashless era that the credit cards play a crucial role in everyday life and the students are not the exception. College students can use it to access additional funding for their education, expenses and even to have fun, as well.


Why should students use credit cards?

  • Credit cards help the students to learn how to use the money and the freedom.
  • Proper usage of credit cards enhance their credit history
  • Opportunity to apply for loans increases, when they maintain a good credit score.
  • Bankers review their credit score for vehicle loans, future mortgages, apartment rentals etc.,
  • Using credit cards in the right way gives opportunity for the students to be more responsible in money matters
  • Credit cards teach them to manage money in a better way.
  • Using credit cards with fraud protection allows them to stay away from unauthorized purchases.
  • Make use of the cards that come with extended warranties and additional protections.
  • Common services like car rentals and hotel bookings need a credit authorisation.
  • Students can easily manage the emergencies and unexpected accidents, with the credit card on hand.
  • Without the need to take hot cash in their wallet, the students find credit cards as the easy and convenient way of shopping.
  • Credit cards with a cash back offer, discounts, etc., can be availed to buy books, food and to pay bills.

Today, using credit cards is a necessity than a convenience and financial experts strongly recommend it as a learning tool, which helps them learn how to handle money and freedom. Citibank Indonesia offers an array of credit cards, which can be employed by the students to meet out their expenses; to improve their credit ranking; to earn rewards; and to benefit from the discounts, deals and cash back offers.

  • Citi Rewards Card – Earn rewards points to shop and dine with Citi Rewards Card; and enjoy discounts up to 15% for shopping in certain stores.
  • Citi PremierMiles Card – Travel with PremierMiles card and get free access at airport lounges; and redeem the miles while booking airline tickets.
  • Citi Cash Back Platinum Card – Cash back offers up to 5% on dining, grocery shopping and gasoline can be availed.
  • Citi Simplicity+ Card – Earn 10% of the interest amount back, by paying on time.
  • Garuda Inonesia Citi Card – Offers 5% on ticket purchase in local Indonesian transport and get an additional 20 kg luggage.
  • Citi Telkomsel Card – Students can earn 3x rewards points, while paying the monthly billing of Telkomsel via Citibank card. In addition to that, the students can get 2x rewards points at particular theatres, coffee shops, electronic merchants, mobile app, Shell gas station etc.
  • Citi Prestige Card – Students can enjoy the executive and concierge services and a lot more opulent offers.

Before getting a credit card, the student should have thorough knowledge on how to use the cards, without falling into the trap of debts and it is a life lesson.


What type of credit card is best for me?

Without cash in the wallet, our purchasing power is enhanced through the credit cards because these cards expand the purchasing power above the fund deposited in the bank account. However, the freedom for additional spending has its price. In other words, the credit card loan interest rate is the highest in the loan space.

Every month, a bill with comprehensive transaction details is sent to the credit cardholders, requesting to pay on time. Paying the credit card debts on time can fetch you umpteen numbers of benefits, while failure to the repayment may end up in disastrous debt. By carefully managing the debts, you can enjoy the interest free loan. With oodles of credit card types on the table, choosing the right credit card that blends with your needs may work like a charm.


All the cards in the market come under the following six categories. Check and find out which category blends with your spending patterns and also ensure if you can pay the bills without any delay, before applying.

Rewards Card

Rewards card may come in the form of Cash Back Cards, Loyalty Cards for shopping and Air miles cards for travellers. These cards are availed to people who maintain top notch credit scores. It is ideal for customers, who repay the credits every month, without fail. If the balance is not paid off, the accrued benefits will be cancelled and added to that, a heavy interest has to be paid for the default in payment.

Credit Card Loans

Many credit cards come with 0% interest for the purchases that are paid through the cards. It is the quick loan online and requires repayment, before the due date. The default in payment may perk up the interest up to 2.5% per month. If you intend to buy a bigger or expensive gadget and cannot pay within a month’s time, this type of card is ideal for you, as the interest free period may extend up to 2 years or more.


To close the current debts on the credit cards, go for a card that offers the balance transfer facility, at 0% interest. Similarly, if the current interest rate is higher compared to another credit card in the market, be ready to pay the penalty amount and make a transfer.

Improving Credit Score

The credit card issuers want to help people who struggle to pay off their debts on time. Prompt payment made on every month is encouraged with 10% interest amount in Citibank Indonesia. Eventually, there is an increase on the credit score and hopefully, it helps to be eligible for a premium card.

Multi-Currency Operations

If you have business in other countries or want to protect your savings in a foreign currency or any other reason for multi-currency usage, go for cards that allow international transactions.

Other Cards

The reputed Indonesian banks like Citibank offers reward points to pay the Telkomsel bills; rewards to pay the local transportation through Garuda Indonesia card; and a lot more.