Can You Get a Credit Card With an ITIN?

An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service (IRS) to individuals who need a U.S. taxpayer identification number but are not eligible for a Social Security Number (SSN). This number allows individuals to fulfill federal tax obligations. While an SSN is traditionally associated with financial services, it is possible for individuals with an ITIN to obtain a credit card in the United States.

Eligibility and Requirements for ITIN Credit Cards

Many financial institutions recognize the Individual Taxpayer Identification Number (ITIN) as valid identification for credit card applications. Not all lenders accept ITINs, so research issuer policies. When applying for a credit card with an ITIN, applicants need to provide documents to verify identity, address, and income.

Applicants must present the ITIN, along with proof of identity such as a valid passport or a national ID card. Proof of U.S. residential address, like utility bills or a lease agreement, is also required. Proof of income, including recent pay stubs, tax returns, or bank statements, helps lenders assess financial capacity.

For individuals new to credit or without a U.S. credit history, secured credit cards are often the most accessible option. These cards require a cash deposit, which serves as the credit limit. The deposit is refundable, and responsible use can lead to an upgrade to an unsecured card. Some credit card issuers and credit unions also offer programs or student credit cards for ITIN holders.

Applying for a Credit Card with an ITIN

The application process for ITIN holders generally mirrors that for SSN holders. Applications can be submitted online, in-person at a bank branch, or via mail. When applying, the ITIN is entered in the field normally designated for an SSN, or in a specific ITIN field if provided.

While online applications are convenient, some institutions may require an in-person application at a branch, which can be advantageous for presenting original documents and clarifying any questions. After submission, the processing time for an application can vary, ranging from immediate approval to several business days or weeks. Lenders may request additional documentation or verification after initial submission, particularly if the applicant has a limited U.S. financial history.

Applicants should be prepared for potential follow-up requests for more identity or income verification. Decisions on the application are usually communicated via email, postal mail, or through an online application status portal. If a decision is delayed or additional information is needed, contacting the issuer’s customer service can provide guidance on the next steps.

Building Credit History with an ITIN

Establishing a credit history and building a strong credit score are important steps for ITIN holders to access broader financial products and services in the United States. A credit history is a record of an individual’s financial behavior, while a credit score is a numerical representation of their creditworthiness, used by lenders to assess risk. These scores influence eligibility for loans, interest rates, housing applications, and even insurance premiums.

Several factors contribute to a credit score, with payment history being the most influential, accounting for approximately 35% of the score. Consistently making all payments on time is paramount to building a positive credit record. Another significant factor is credit utilization, which represents the amount of revolving credit used compared to the total available credit. It is generally advised to keep credit utilization below 30% of the credit limit to positively impact the score.

The length of credit history and the mix of different credit accounts also play a role in the overall score. To responsibly build credit, ITIN holders should focus on making timely payments, maintaining low credit card balances, and avoiding opening too many new accounts simultaneously. Regularly monitoring credit reports from the major credit bureaus (Equifax, Experian, and TransUnion) helps track progress and identify any potential errors. With consistent and responsible use of a credit card, a discernible credit history can typically be established within six to twelve months. A strong credit history can ultimately lead to better access to loans for vehicles or homes, more favorable interest rates, and easier approval for rental agreements.