Who is Eligible for a Credit Card?

According to Article 16 of Circular 19/2016/TT-NHNN, Article 1 of Circular 26/2017/TT-NHNN, and Circular 28/2019/TT-NHNN, the content is regulated as follows:

- For primary cardholders who are individuals:

+ Persons from 18 years old and above with full civil act capacity as prescribed by law are permitted to use debit cards, credit cards, and prepaid cards;

+ Persons from 15 years old to under 18 years old who do not lose or have their civil act capacity restricted are permitted to use debit cards, credit cards, and prepaid cards.

- For primary cardholders who are organizations: Organizations eligible to open payment accounts are permitted to use debit cards. Legal entities established and operating legally in accordance with the laws of Vietnam are permitted to use credit cards, debit cards, and prepaid cards. Organizations can authorize individuals in writing to use the organization's cards or allow individuals to use supplementary cards as prescribed in this Circular.

Respectfully!