What are some tips for expats trying to open a bank account in Thailand, especially with Krungsri?

@Deepak ******

people use credit cards like checking accounts and really screws with their credit I had 3 credit cards ranging in different limits.

They hit your credit 2 ways

- Combined balance and credit limit

-individual balance / credit limit

The ideal method to credit cards is keeping the balance at 70% use at billing cycle

And then you have to keep the combind avaible balance at 70% of limit

Pay on your credit cards twice per cycle it was a trick I learned

Track the money you used on them and then 4 weeks before billing cycle pay then 2 weeks before billing cycle pay the other this will register as a double payment and do this before billing cycle you just removed the interest on money used.

Having a paid off credit card hurts your credit and if you are going for a home loan they will look at it as a negative item as well

@Deepak ******

yes right. But I need it for my extension. I can live fine without Thai bank account in Thailand, but I have to have Thai bank account for immigration use. And, Thai qr scan is useful and If you have Thai bank account, you can use wise, so you can get better rate than any of other ways. If someone wants to live in Thailand for long and consistently, Thai bank makes life easier.

@Deepak ******

until you go to renew extension of stay and need to show proof of funds in a Thai bank.

Nah. Imagine being triggered by that simple question. And then going on to call him a wombat. Who calls people names on Facebook for fuck sake.