One of the milestones of a real adult life is getting a credit card. For many Filipinos, it is an unavoidable circumstance when it comes to handling finances. However, if you don’t know how the online application process works in the Philippines, you might feel overwhelmed when getting a credit card for the first time.
During the first month of 2019, We Are Social conducted a study where only 3 percent of the population in the Philippines use a credit card. That means very few Filipinos make digital payments or choose cashless when purchasing goods and services.
Due to some credit card myths perhaps, the majority of Filipino adults avoid getting a credit card. And until now, many people fear that they will be buried in huge debts if they use a credit card. For some reason, there are some credit card users who make unintended purchases which have undesirable effects on their credit scores, such as poor credit on their financial portfolio.
In order to understand the basics and facts about owning a credit card in the country, we’ll start to define what a credit card is in the following section.
What is a Credit Card?
Credit cards allow users to borrow money from banks and make online payments for their purchases. The main advantage is that, you don’t need to carry money from your wallet in order to manage payments. You simply need to bring your credit card when shopping or buying groceries without physical cash.
You can save from paying hidden credit card fees monthly by paying back the amount you owe the bank in using your credit card. On the other hand, if you’re not able to settle your credits before the due, you will be charged with additional amount called interest.
What Are the Advantages of Credit Cards?
Credit cards are financial products that are really convenient nowadays. You can use them for daily purchases including groceries, fuel, and other services. Cardholders can also get big-ticket items like jewelries, travel packages, TV sets, and even laptops with the help of their credit card.
Other benefits of using your card are earning rewards, cash back, building credit, and protecting against fraud.
However, you need to use your credit card responsibly in order to enjoy all these benefits:
- Earn store rewards every time you make a purchase.
- Get discounts on travel miles, gas, and other essentials.
- Make car rental and hotel reservations easy.
- Serve as safety net during financial struggles and information theft during travel.
5 ways to use your credit card wisely
Credit cards make payments more convenient than physical cash. This amazing tool can help you manage your purchases wisely. In fact, credit card providers offer great benefits to card holders, such as earning miles and points. Just be careful when using it for shopping as it can cause your serious trouble with the bank.
The following are some tips to learn when using your credit card:
- Fully pay your monthly credit balance.
Several days before your monthly due, you will be sent statements from your credit card company to remind you to pay your credit balance. If you don’t pay, then brace yourself for late penalty charge and interest.
- Prioritize your credit card payments.
Those who are buried in bad debt due to credit card misuse should review their spending habits and strategies. If you’re using a credit card, you need to make monthly payment a priority or suffer the consequences.
- Check the reward system offered by your credit card.
To know more about the reward system, visit the website of your credit card provider. You will be surprised by the discounts, rebates, airport lounge access, exclusive access to special events, and other perks using your credit card.
- Only use up to two credit cards.
More than two APR credit cards will only give you headaches. You need to understand that there are serious consequences when you try to keep several credit cards. One credit card can be good for paying gas, groceries, and shopping.
- Don’t treat your credit card like an emergency fund.
One myth that people still believe in nowadays is that they can use their credit cards for emergencies. Truth is, it’s not smart to cash in from your credit to pay unexpected expenses. You will only make your debts higher and harder to pay off.
Checking your credit statements is also an important habit to get a view of your status. This basic step can help you create a budget you only need monthly. Perhaps, you’re receiving text messages from your credit card company every time you use it. Always track your payments and make sure your details are protected.
Another tip to help you use your credit card wisely is to set a credit limit before actually spending. Know how much you can afford to pay back and never max out your card just for shopping. Remember, it’s the money you don’t own and still owe to your bank.
6 Tips for Getting Approved for a New Credit Card in the Philippines
Each bank in the Philippines has their own way of processing credit card applications, especially the first-timers. Banks usually have a fitted out template as well as archetype of their ideal cardholder; someone who spends according to how much he can afford and pays credit balance on time.
The following is a step by step guide to make sure your application will get approved by the credit card company or domestic bank:
- Stable income.
One of the first things that banks and credit card companies will look in your portfolio is your ability to pay. Therefore, you need to show that you have a stable income and permanent job. Tenured employees and with commendable performance in their company will most likely to get their credit card application approved in no time.
- Sign up with deposit account.
The best way to start your credit card application and pass credit checks is to use your deposit account. This will give banks the idea of your income and cash flows through your records. Therefore, it’s important that you keep at least 20,000 pesos running balance in your account.
- Make an application for secured credit card.
Another way to approve your credit card is to apply for secured credit card. It may be an expensive option due to the pledged deposit required by the bank, but it’s actually like an advance payment for the comfort and convenience that your credit card can give.
- Keep a good credit profile.
With a good credit profile, you can attract banks to grant your loans. That means you need to pay off debts on time and keep credit scores within limit. Spend less and never exceed your credit limit to avoid serious consequences.
- Lower debts to income ratio.
Sometimes, cardholders find an opportunity to reduce their debts to income ratio. Let’s say, you managed to get a salary increase, higher revenues from your business, or your savings are growing, these are all perfect reasons to pay off your debt.
- Refrain from doing follow-ups.
If you frequently follow up your application, chances are you are sending a message to the bank that you badly need credit. As a result, you might just lose your application within two weeks of filing. If they didn’t call you, maybe you have been rejected.
What is the difference between a Credit Card and Prepaid Card?
Prepaid cards are not linked to bank accounts. Using this card means you have loaded money onto it; hence the name prepaid card. However, you are only limited to spend the exact amount of money you have loaded onto your card.
On the other hand, credit cards are more convenient because you can spend more on shopping and buying stuff. Using a credit card means you’re borrowing money from a bank. And that is the disadvantage of getting this card; you have to pay your dues or get penalty fees.
5 Types of Credit Cards to Suit Your Needs
Credit cards fall under various categories based on their features and benefits. For instance, airline-specific cards provide generous benefits as rewards for frequent travel. On the other hand, a balance transfer card allows the cardholder to transfer credits from another card while getting low interest rate.
Here are the different types of credit cards you need to consider before applying:
- Standard credit card.
This is the basic credit card which gives the owner a line of credit. Examples of this are balance transfer card and low interest credit card. The former is used to transfer balance without interest to another credit card, while the latter offers competitive interest rate when using the card for the initial year.
- Rewards programs credit card.
Perhaps this is everyone’s favorite credit card programme because it’s about earning points. You can gain incentives when using this card, such as when buying groceries or shopping for clothes and shoes. It works like the loyalty point system of most grocery stores.Also, cardholders get certain bonuses every time they exchange their points with promos. Examples of this type of credit card are cashback credit card and general reward points credit card.
- Airline mile credit card.
This is exclusively for air travels. You can earn airline miles as well as other bonuses when you use this card more frequently. Examples of this credit card are airline-specific credit card and general airline miles card.
- Credit repair card.
Best examples of bad credit cards are secured credit card and prepaid credit card. The first one is used by people with lower credit scores and requires initial cash deposit that banks use as collateral. Prepaid credit card, on the other hand, is for making purchases but you need to top up an amount before you can use it.
- Specialty credit card.
This type of credit card provides specific bonuses for customers, whether a student or business owner. The features it offers are almost similar to the standard credit card, the only difference is in the perks it gives the cardholders. Examples of this card are business credit card and student credit card.
60 Easiest Credit Cards to Get Online in the Philippines Today!
It’s not enough to understand how you can apply for a credit card in the Philippines. Therefore, you also need to know the best choice of Credit Card you can use in the country for the ultimate benefits and features. So here are the best credit cards you can choose from:
1. Citi Cash Back Card
The terms of this credit card are organized with professional Filipinos in mind. You need to be a resident in Manila to be able to apply for Citi Cash Back Card. This is used when making purchases in malls, grocery stores, and other select shops.
However, make sure to consider some cons when using this credit card. For instance, you need a minimum income of ₱250,000.00 annually in order to get approved for the card. In addition, you have to spend at least ₱10,000.00 every month to earn maximum rebates. The membership fee per year is ₱3,500.00.
For eligibility, you should be 21 years old and above with minimum income of ₱180,000.00 every year for cardholders and ₱250,000.00 every year for non-cardholders. The application requirements include proof of identification such as passport, postal ID, and other government issued IDs and proof of income such as ITR, one-month payslip, or COE.
Citi Credit Card Highlights
- Get up to 6% rebate on supermarket purchases.
- Get up to 2% rebate on your Meralco bill payments done through Citibank Online or Citi One Bill.
- All your other purchases automatically earn 0.20% rebate.
- Save as much as ₱12,000.00 per year.
2. EastWest Platinum Card
The terms of this card are made to provide convenience for jet-setters in the Philippines. That means if you’re traveling abroad frequently, this is the best credit card for you. This is available in branches around Metro Manila, Quezon City, Paranaque, Pasay, Makati, and Mandaluyong.
EastWest Platinum Card Highlights
- Get up to 6% rebate on supermarket purchases.
- Get up to 2% rebate on your Meralco bill payments done through Citibank Online or Citi One Bill.
- All your other purchases automatically earn 0.20% rebate.
- Save as much as ₱12,000.00 per year.
- Application processing may take 10 to 15 banking days.
3. BPI Family Credit Card
If you want low interest rate for your credit card, this is the best option for you. The BPI Family Credit Card is made for frugal spenders. However, you need to make sure that you will pay off your dues on time to avoid penalty fees.
Branches you can avail this card are in San Juan, Pasig, Mandaluyong, Makati, and Quezon City. The advantages include ₱1,000.00 pesos annual fee, first supplementary card is free while the second will cost ₱500.00 pesos only per year, and 2 percent interest rate.
In terms of application, the requirements are filled up application form, proof of identification such as postal ID, voter’s ID, TIN/PRC/SSS ID, or driver’s license, and proof of income such as COE, latest payslip, or ITR if you’re employed, latest AFS and ITR if you’re self-employed, and POEA-validated COE and latest proof of remittance if you’re an OFW.
BPI Family Credit Card Highlights
- AMF Waiver: First year FREE.
- Annual Income Requirement: ₱180,000.00
- Accepted by Mastercard-affiliated merchants online and worldwide.
- Cash advance of up to 30% of your credit limit.
- Secured monthly Electronic Statement of Account.
- Contactless Technology – Pay faster with BPI Contactless Credit Card
4. CBC Bankard Gold Card
Since this credit card is made with no expiration point system, it’s safe to use it as frequently as possible. Just like the EastWest Platinum Card, it’s ideal for Filipino jet-setters.
You can take advantage of the chance to earn unlimited rewards and points that never expire. Also, you will get travel insurance for free as well as affordable access to any airport lounges. Most importantly, there’s no installment when you make purchases abroad.
Before applying, make sure you are 21 years old and above, with minimum income of 160,000 pesos per year, Filipino citizen, and have a business or landline number. For the application requirements, make sure you have completed the application form, present a valid ID with your photo, COE or latest payslip if you’re employed, a BIR-audited financial statement if you’re self-employed, and a W2 or ITR with bank or BIR stamp if you’re both self-employed and employed.
CBC Bankard Gold Card Highlights
- AMF Waiver: First year FREE.
- Annual Income Requirement: ₱180,000.00
- Accepted by Mastercard-affiliated merchants online and worldwide.
- Cash advance of up to 30% of your credit limit.
- Secured monthly Electronic Statement of Account.
- Contactless Technology – Pay faster with BPI Contactless Credit Card
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5. HSBC Red Mastercard
If you want to easily meet the required minimum monthly income as an applicant, the HSBC Red Mastercard is the one for you. This credit card is designed for Filipinos and making local purchases more convenient. However, you need to consider that if you’re not able to pay your credit balance on time, you will pay ₱700.00 pesos penalty fee.
The only disadvantage you need to consider is the high penalty fees for late payments. If you have unpaid or late paid credit balances, you will pay ₱700.00 pesos as late penalty charge. To get approved, you need to be 21 years old and above, with income of ₱200,000.00 pesos per year, and must have another bank credit card in the last 12 months.
You only need to complete two application requirements to apply for this credit card; proof of identification like SSS/TIN ID, NBI clearance, passport, and other valid IDs, proof of residence like a valid ID where it shows your permanent address and latest utility expenses.
6. AUB Easy Mastercard
One of the best features of this card is the range of options you can benefit from as a customer. It offers flexible payment terms in order to make sure you follow your financial plans or certain budget. Also, the AUB Easy Mastercard don’t require annual membership fee because they value the commitment and loyalty of their customers.
To be suitable for this card application, you need to be 21 to 55 years old, with ₱10,000.00 pesos gross monthly income, should be regular employee with one year service in the company if you’re employed, with registered business in the last 12 months if you’re self-employed, should be in one year practice if you’re a licensed professionals, and must have a business landline or mobile phone number and email address.
For documentation requirements, you need to submit a proof of identification such as company ID or any government issued IDs, and proof of income such as COE, latest ITR, or payslips for the last three months if you’re employed, and ITR, SEC/DTI registration, and latest AFS if you’re self-employed.
7. BDO Diners Club Premiere
This is a premiere international card for jet-setting Filipinos. You can earn miles as well as exclusive access to Diners Club establishments with special privileges. But before you can avail these privileges, you should have ₱71,000.00 pesos monthly income.
To be able to apply for this credit card, you need to be 21 to 65 years old, 13 years old for those who want to apply for supplementary card, Filipino citizen, permanent residence for foreigner here in the Philippines with 2 years residency, regular employee if you’re self-employed, ₱1,000,000.00 pesos annual gross income, landline phone number, and office or residential address near any BDO branch.
For the application requirements, you need to present a proof of income such as COE, full-month payslip, and latest BIR Form 2316 if you’re employed, and proof of identification such as any valid IDs like passport, NBI clearance, driver’s license, and other government issued IDs.
8. PNB Mabuhay Miles World Mastercard
If you’re an active and loyal customer of Philippine Airlines, this is the perfect credit card for you. All you need to do is book your tickets using PNB Mabuhay Miles World Mastercard in order to increase your mile points and other rewards.
Other advantages of getting this card are ₱10,000.00 Mabuhay Miles for free if your airline ticket expenses reached ₱100,000.00 pesos within a year. And the best is having a priority check-in Counter whenever you fly with PAL at NAIA Terminal 2. But take note of their high annual fee requirement of ₱6,000.00 pesos and a minimum income of 40,000 pesos per month.
If you want to apply for this, the age requirement for principal cardholders is 21 to 65 years old, for supplementary cardholders is 13 years old, Philippine resident or Filipino Citizen, ₱40,000.00 pesos monthly income, postpaid account, and employed for one year or with profitable business for two years if self-employed.
For the application requirements, you need to present a completed application form, valid ID with photo, proof of income such as COE, latest ITR, payslips if you’re employed, or ITR, latest AFS, or SEC/DTI registration certificate if you’re self-employed.
PNB Mabuhay Miles World Mastercard
- Free 2,000 Mabuhay Miles welcome gift when you activate your card (for new and first time principal cardholder)
- Additional free 10,000 Mabuhay Miles when you make P100K-worth of transactions at PAL within 1 year from date of card issuance (for new and first time principal cardholder)
- Exclusive 5% Discount on select PAL international flights when you book online via www.philippineairlines.com
9. Bank of Commerce Gold Mastercard
If you’re a mall-goer, this is the best credit card option for you. It offers rewards and discounts with establishments in malls. The main advantage is that you can earn five times more rewards points at shopping and dining establishments with 0 percent installment at select stores.
The required documents for the Bank of Commerce Gold Mastercard application are completed application form, one photocopy of any government issued or valid ID such as postal ID, TIN ID, student ID, or driver’s license, and proof of income such as COE, payslip, ITR, or latest BIR Form 2316 if you’re employed, latest ITR, Certificate of Business Registration, bank statement, latest AFP, and other business papers if you’re self-employed, latest AFS and ITR, and bank statement if you’re a professional, and COE, work permit, valid visas, passport, and Alien Certificate of Registration if you’re non-Filipino citizen.
10. American Express Gold Card
Perhaps, this is the ultimate credit card for Overseas Filipino Workers beneficiary. Rewards can be converted to miles in order to avail airline tickets for free. This card is used to send money from or to the US which is a convenient tool for cardholders.
For the eligibility, your age should be between 21 to 70 years old, minimum of ₱850,000.00 pesos annual income, Filipino citizen, and with landline phone number. Application requirements for cardholders include photocopy of current credit card, charge slip or credit card statement account, any valid IDs with photo and signature, and a copy of BIR Form 2316 if you’re employed or W4 and ITR if you’re self-employed.
If you’re a non-credit cardholder, you need to present proof of income such as COE, BIR Form 2316, full-month payslip to prove employment, or an audited financial statement, SEC/DTI registered business name certificate, or W4 and ITR for self-employed. For proof of identification, make sure to present valid IDs with signature and photo.
If there are foreigners who want to apply for this card, they need to present their COE or employment contract as well as photocopy of work permit, resident visa, passport, and other visas.
11. EastWest Credit Card
This credit card is best for your essential expenses. It offers a 5 percent cashback on gas, drugstores, and supermarkets every time you spend ₱10,000.00 pesos on your other spending such as dining and clothing.
The annual membership fee is ₱2,800.00 pesos for principal cardholders and ₱1,400.00 pesos for supplementary cardholders. The interest charge per month is 3.50 percent, this is calculated according to the average daily balance which is 42 percent rate per year.
If you pay your dues late, you will have to pay 8 percent of minimum payment collectible. The overcredit limit charge is ₱700.00 pesos if you have an outstanding balance that is more than the credit limit in the billing period. Always be aware of these fees you need to pay when you’re using this type of credit card in your day to day spending.
12. Security Bank Credit Card
The key features of the Security Bank Credit Card are instant rebates on groceries (5 percent), gas (4 percent), utilities (3 percent), dining (2 percent), and shopping (1 percent). You will also get to enjoy an amount of up to ₱12,000.00 pesos per year.
The interest rate when using this credit card is at 3.5 percent. If you have overdue payments, the late payment charge would be ₱600.00 pesos or 6 percent of the minimum payment due. Lost cards will have a replacement fee of ₱400.00 pesos per card.
Security Bank Credit Card Features
- Earn 1 Point for every ₱20.00 spent and use them anytime you want
- Earn enough points and start redeeming rewards online!
- Your Mastercard comes with eSecure—a feature to set limits for online shopping.
- Get discounts at your favorite shops and restaurants. Check the latest promos here.
- Shop at ease with affiliated merchants worldwide.
- Supplementary Cards – Get up to 5 cards and manage your family’s finances.
- Give it a try and get the annual fee waived for the first year.
13. UnionBank Gold Visa Card
When you decide to use UnionBank Gold Visa Card, you can earn 1.5 percent cashback on every purchase you make without any limit. Also, this card’s cashback won’t expire so you can enjoy its features and perks all year round.
When it comes to finance charge, you have to pay an effective interest rate of 3.5 percent per month – this is calculated according to the average daily balance. In case you didn’t pay your dues on time, you will then have to pay ₱750.00 pesos as late payment fee.
If you lose your card, you’ll need to pay 400 pesos as card replacement fee. Any charge that’s made in other currencies will be converted to Philippine currency during the billing process. For cardholder who are into gambling or gaming, they will pay 5 percent service fee every time they make a transaction with gaming establishments.
14. Maybank Credit Card
If you want to experience the best of both worlds, then you can choose Maybank credit card. It offers a lot of exclusive features and rewards you can take advantage instantly. For instance, if you earn airline miles faster at 50 pesos spend, you can enjoy 1 percent cashback on overseas spend.
Maybank Platinum Mastercard can be used anywhere in the world as there are more than 20 million branches available for cardholders. One of the biggest advantages of this credit card is having the lowest conversion charge unlike other credit cards in the Philippines. It’s designed with EMV chip to make sure the card is protected from any fraudulent transactions.
Notifications are made through instantaneous SMS so you will immediately know your approved transactions. Also, your Maybank credit card offers a lot more privileges as well as discounts every time you use it on your daily expenses.
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5 Best American Express Credit Card in Philippines
The American Express Credit Card provides the cardholder with access to special offers, invitations, and exclusive discounts to members. It also offers installment payment plans and low interest rates which help build better financial flexibility. In addition, you will enjoy exclusive privileges using your American Express card.
You can get premium perks from over 10,000 partner restaurants, spas, wellness centers, and boutiques in more than 75 countries across the globe. The points you will earn every time you use your credit card can be used in redeeming air miles, premium rewards items, and hotel loyalty points.
But how do you avail the American Express Credit Card in the Philippines? Check out below for the details:
15. BDO Blue AMEX
The Blue American Express is also known as the first transparent credit card in the Philippines. Aside from the benefits offered by this card, you can also enjoy the privilege to dine, shop, and check in deluxe hotels worldwide.
- Membership fee for free during the first year with ₱135 pesos monthly fee for basic cardholder and ₱70.00 for supplementary cardholder. Another free for life fee for the first supplementary card membership. A fee of ₱70 pesos will be charged on the succeeding supplementaries per month.
- Per month, the spend-based charge waiver is ₱10,000.00 pesos.
- New members enjoy a low introductory finance fee with 3.25 percent monthly in the succeeding months.
- The balance transfers and installment offers are almost the same as other credit card names in the country.
- Privileges are also the same as the monthly installment plans of other credit card. You can even convert straight transactions and cash into installment.
- Cardholders will get retail purchase insurance, including theft, loss, or damage in 30 days from the date of purchase for ₱50,000 pesos or more per occurrence, or ₱250,000.00 every year.
- Offers instant access to BDO and other ATM banking services, but Blue AMEX is usually linked to BDO.
Getting your Blue AMEX Credit Card through BDO is easy. Once you processed your application and submitted everything that’s needed, you will receive your card via mail. It comes in a bulk mail envelope with other documents that will help you understand how to use the card and take advantage of its privileges and perks.
Just visit to any BDO bank branch and bring with you the letter you received (if there’s any), valid IDs, other credit cards (if there’s any), BDO savings passbook, latest ITR, and a completed application form. However, you can also process your application online by logging onto American Express Philippines site or the BDO official website. You can also dial 631-8000 to contact a representative via the hotline.
Per year, the membership fee is ₱1,620.00 or ₱135.00 monthly for primary cardholders. If you’re a supplementary cardholder, you will pay an annual membership fee of ₱840.00, or ₱70.00 per month. The good news is that, during the first year you become a member, membership is free.
16. AMEX Platinum Card
Another great option for you if you want to get access to exclusive experiences is the American Express Platinum Card. It offers exclusive travel privileges such as the Priority Pass Lounge complimentary access, Club Manila Lounge in NAIA Terminal 1 complimentary access, Skyview Lounge in NAIA Terminal 3 complimentary access, comprehensive travel insurance for any accidents and inconveniences, and international travel assistance.
Some of the key features of the AMEX Platinum Card include bypass minimum points or stays requirement while enjoying complimentary enrollment to Shangri-La Hotels and Resorts Golden Circle loyalty points, Radisson RewardsTM, and Hilton Honors. All these and more using your AMEX Platinum Card.
Other features of this platinum card are US dollar billing, no limit for pre-set spending, and total control of all your spending when you pay your credit balances in full per month. To know more about the AMEX Platinum Card, you can check out their website.
17. BDO AMEX Gold Card
When it comes to value, gold has always been so valuable. With the American Express Gold Card, you can enjoy greater financial flexibility without the worry of overspending the pre-set limit. For the shopping privileges, you can earn membership points without the expiration.
The key features include 24/7 customer service and support hotline, membership rewards every time you spend a dollar, and an option to enroll as Frequent Traveler so you can convert points to airline miles with Frequent Flyer Program partner. You hotel loyalty points can also be converted into complimentary stays.
Financial management benefits using this gold card include a complete control over spending when outstanding bills are paid in full, US dollar billing, and no spending limit. Annual membership, however, is 150 US dollars for basic cardholders and 75 US dollars for supplementary cardholders.
There are plenty of exclusive privileges and discounts to enjoy whenever you use your AMEX Gold Card in shopping, leisure, wellness, and dining in more than 60 countries across the globe. You can use the supplementary card in order to extend your points and rewards to your loved ones.
18. American Express Green Card
This is best if you’re traveling frequently and wants to take entertainment to another level. The American Express Green Card has also no pre-set spending limit like the other American Express cards. When shopping, you can earn membership rewards with no expiration.
This green card is perfect as your travel companion because it provides global travel assistance including legal and medical emergencies during your trip abroad. You have up to 200,000 US dollars of travel accident protection, 100 US dollars when your flight is delayed for 4 hours, 200 US dollars for missed connection per family, and a lot more for travel perks.
19. American Express Platinum Credit Card
This is designed to enrich your lifestyle and travel benefits in just a few clicks. The American Express Platinum Credit Card offers 24/7 concierge service along with a comprehensive travel coverage.
For the membership rewards, earning 1 membership rewards point is easy. All you need to do is spend at least one US dollar or ₱45.00 pesos using this credit card. The more membership rewards points you have, the better rewards you will get such as gadgets, home appliances, gift certificates, and more.
With this platinum credit card, you can enjoy your travels using complimentary lounge access to the top lounges in Philippine airports. You will also get travel assistance anywhere in the world with the Travel Service Offices to help you with travel-related concerns.
The annual membership charge is ₱5,000.00 for basic cardholders and ₱2,500.00 for every supplementary card in excess. If you spend ₱600,000.00 per year, you’ll enjoy an automatic waiver of the annual membership fee. Also, your first five supplementary cards will be free of charge.
5 Best Philippine Credit Cards for International Travel (& How to Choose)
If you’re working abroad, you need a credit card that will help you get cheaper flight tickets and even no foreign transaction fee.
And if you’ve earned enough airline miles, you could receive an airline ticket going to your destination for free. So make sure to understand the rewards points system of your credit card to enjoy international travels.
If your credit card bears any of the American Express, Visa, and Mastercard logos, you can make payments for international transactions no matter where you are. Below are the top five credit cards for international travel:
20. Security Bank Platinum Mastercard
This is one of the most popular premium rewards credit cards in the Philippines with dual currency billing in US dollars for every overseas purchase. It helps you save from high foreign exchange fees of international currency to Philippine peso.
When it comes to transaction steps and fees, the Platinum Mastercard and other Security Bank credit cards don’t have transaction charge in foreign currency. Therefore, you can save from any credit card billing.
- Dual currency billing, means the you get separate billing statement for each international transaction.
- Earn one rewards point whenever you spend ₱20.00 using the Platinum Mastercard.
- Enjoy free access to select airport lounges.
- Concierge services for free.
- Travel insurance.
Charges and Fees
- ₱4,000.00 annual fee, waived during the first 12 months.
- 3.25 percent interest rate.
- No foreign transaction fee.
- 5 percent cash advance charge for the total amount withdrawn or ₱5,000.00.
21. RCBC Bankard Visa Infinite Card
If you love to shop abroad for your families and loved ones back in the Philippines, the RCBC Bankard Visa Infinite Card is the best option for you. This is actually a premium lifestyle card that offers exclusive privileges and benefits when shopping in other countries.
Every time you charge this card at apparel shops in the Philippines and abroad, you’ll earn a 5 percent rebate. For more details, here are the advantages you will enjoy when you choose the Visa Infinite Card.
- 5 percent rebate on apparel and clothing purchases at any international or local retail shop.
- No installment fee for transactions abroad.
- Earn one rewards point every time you spend 36 pesos using the Visa Infinite Card, ₱125.00 for medicine, fuel, and grocery purchases. Rewards points don’t have limits and expiration. Plus, you can redeem them for air miles, shopping vouchers, and cash rebates.
- Travel insurance that can provide up to one million pesos.
- Exclusive access to airport lounges for free; applicable for the cardholders and a travel companion.
Charges and Fees
- ₱3,600.00 annual fee
- 3.54 percent interest rate
- Fee for foreign currency transaction—3.50 percent of the total transaction amount, or 2.25 percent of the amount when converted to Philippine Peso.
- Charge for cash advance—3 percent of the total withdrawn amount or ₱500.00, plus the current interest charge rate.
22. HSBC Platinum Visa
The generous rewards offered by Platinum Visa makes it an excellent option for Filipino cardholders who use the card in another country. It offers up to 4 times more bonus points when you make qualified transactions.
- 4 bonus rewards points whenever you spend 20 pesos using the Platinum Visa Card for online and overseas foreign currency transaction. In addition, you get an airline mile point when you spend 25 pesos.
- Exclusive travel insurance.
Charges and Fees
- ₱5,000.00 annual fee
- 3.50 percent interest rate
- 2.5- percent of the total converted amount for foreign currency transactions, plus a one percent Visa assessment charge
- 3 percent of the total amount withdrawn for cash advance charge or ₱500.00
23. BDO American Express Cash Back
Another money-saving option is the AMEX Casbh Back card. This is for cardholders who usually make purchases abroad. It offers 2 percent rebate on overseas purchases as well as one percent rebate on transactions made in the Philippines.
- 2 percent rebate on overseas purchases and one percent rebate on every local purchase.
- 5 percent rebate for the first 3 months after acquiring the card.
- Exclusive discounts for cardholders when traveling, shopping, getting entertained, and dining abroad.
- Enjoy a taste from AMEX Invites, it’s an international dining program for every cardholder. You get to experience local cuisines from 400+ restaurants across the globe. Plus, you will enjoy complimentary appetizer or wine and a discount.
- Global assist that is available 24/7 for every cardholder. This will provide you with instant personal advice when you’re on an emergency overseas. For instance, you need a lawyer or a doctor, it will be given to you immediately.
- When you spend a total of ₱200,000 pesos per year, you will be entitled to an annual fee waiver for the following year.
Charges and Fees
- ₱3,000 pesos annual fee, waived during your first year of using the card.
- 3.50 percent interest rate.
- 2.50 percent of the total converted amount for the foreign currency transaction fee.
- 5 percent of the total withdrawn money or ₱500.00 pesos cash advance charge.
24. BPI Family Credit Card
Made for Filipinos who travel abroad and with OFW dependents, the BPI Family Mastercard is a basic card for international use. It offers lower annual fee if you’ll compare it to other credit cards, as well as low foreign transaction charge and interest rate.
- Affordable and easy to acquire due to low interest rate, foreign transaction charge, and annual fee.
- Up to 30 percent credit limit for cash advance.
Charges and Fees
- ₱1,000.00 pesos annual fee, waived during your first year of using the card.
- 2 percent interest rate.
- 0.75 percent of total converted amount as foreign currency transaction charge, plus the one percent Mastercard assessment charge.
- 3 percent of the total withdrawn amount as cash advance charge or ₱500 pesos.
5 Best Family Credit Cards with Cash Back In Philippines
When looking for the best credit card, you want something that can give you ultimate perks every time you purchase using the card. Some of the biggest ticket items cardholders enjoy are vacations and air miles. But did you know that you can also earn cashbacks from your credit card?
25. BDO American Express Cashback
Using this card, you can earn a cashback rate of 1 percent when you make a local purchase and 2 percent when you make purchase overseas. There’s no limit for maximum cashback, but you need to pay ₱1,600.00 annual fee. Some of the perks of using the BDO American Express Cashback Card are AMEX Selects Program and global acceptance.
26. Citi Cash Back
This card will give you a 0.2 percent cashback rate, a maximum cashback of ₱12,000.00 per year. However, the annual fee you need to pay is ₱3,500.00. And the perks include 6 percent rebates at local supermarkets, 2 percent on Meralco bills, and Meralco Enrollment. Spending ₱10,000.00 on non-supermarket or non-Meralco charges using this card will get you 6 percent maximum rebate at supermarkets and 2 percent on Meralco bills, that’s if your Meralco account is enrolled to this cashback card.
27. EastWest EveryDay Titanium Mastercard
When you choose this MasterCard, you can earn up to 5 percent cashback rate on gas, medicine, and supermarket purchases, and 0.3 percent on other purchases. There’s no limit for maximum cashback while you need to pay ₱2,800.00 annual fee (waived during your first 12 months). Some of the perks include rebates that are automatically credited to your account and convert-to-installment feature.
28. PNB Platinum MasterCard
With the PNB Platinum MasterCard, you can enjoy 0.5 percent cashback rate with no maximum cashback. The annual fee is ₱2,500.00 which is waived during the first 12 months. And the perks include purchase protection and travel insurance.
How to Apply
- In person: If you would prefer to have someone walk you through the application, you can always go to a local PNB branch.
- Over the phone: You can also choose to complete your credit card application over the phone by calling a Maybank customer care representative at TEL: (02) 818-9-818 / DTF 1800-10-818-9-818
- PNB Cards is located at: PNB Financial Center 8/F Cards Banking Solutions Group Pres. Diosdado Macapagal Blvd., Pasay City, Philippines
29. Security Bank Complete Cashback MasterCard
If you want to enjoy 5 percent cashback rate on your groceries, 4 percent on gas, 3 percent on utilities, 2 percent on dining merchants, and 1 percent on shopping, the Security Bank Complete Cashback MasterCard is the one for you. The maximum cashback per year is ₱12,000.00 while the annual fee is ₱3,000.00. And the ultimate perk you will get from this cashback card is the 5-tiered rebates.
3 Best Credit Card Options for Filipino Entrepreneurs
Credit cards are also valuable tools when it comes to corporate and business use. In fact, it helps streamline your spending across business platforms and allows you to enjoy ease of reimbursing and purchasing. Now, you don’t need to worry about petty cash or cash advances with these credit cards as they provide monthly reports on your expenditures.
BDO Visa MasterCard Corporate Card
Make easier reimbursement and purchase for your business using the BDO Visa MasterCard Corporate Card. It offers longer credit term of 25 days so you can settle your payment dues after the cutoff. In addition, you can earn points and redeem items using this card. You will get management reports every month and enjoy rewards program to boost your revenues.
The annual membership fee is ₱1,800.00, and you only need to pay 5 percent cash advance fee from the total amount you withdraw or ₱300.00. However, if you pay your dues late, you will incur 7 percent late payment fee from your overdue or ₱500.00. Lost cards will get a replacement fee of ₱400.00, so make sure to keep your card in your wallet.
BPI Corporate MasterCard
Some of the key features of the BPI Corporate MasterCard are the option to make installment payments on your suppliers, longer credit term of up to 50 days, low foreign currency exchange rate which is 0.85 percent of total converted amount and 1 percent MasterCard assessment charge, and travel insurance for free.
The management system and expense reporting will help you understand your expenditures every month. Plus, you will enjoy some exclusive privileges that will increase your business earnings. The annual fee is ₱1,700.00 while the interest rate is 3.50 percent. For the cash advance charge, 3 percent of the total withdrawn amount will be paid or ₱500.000, whichever comes higher.
Unionbank Corporate Visa Card
When you use the Unionbank Corporate Visa Card, you will earn one point whenever you spend 20 pesos. The cashback rate is 0.5 percent while rebates are annually credited to your account. It also allows brand or company logos to be included on the card so that you can achieve your branding needs.
Other great features of this card include the comprehensive expense management, travel insurance, low annual fee and cash advance, and Club Manila Lounge Access. The annual fee is ₱1,500.00, interest rate is 3.50 percent, cash advance charge is 2.9 percent of total withdrawn amount, and annual expenditure management report charge is ₱200.00.
3 Best Credit Cards for Online Shoppers In the Philippines
With the fast-changing world, going cash less is becoming the new trend. This is especially true when you’re going to the mall. Shopping with exclusive discounts and perks by simply using your credit card is a great privilege. Below are the best credit cards you can use for your shopping needs:
30. Security Bank Click MasterCard
Enjoy no annual fees for life when you get your first HSBC Credit Card. Apply online now! Effective interest rate per month: 3.5%. Local transaction fees: No fees. International transaction fees: 2.5% of the converted sum plus 1% assessment fee of the converted sum charged by Visa/MasterCard to HSBC.
- A minimum annual income of PHP200,000 for Red Mastercard
31. Security Bank Click MasterCard
You will love the key features offered by the Security Bank Click MasterCard including the 5 percent rebate on online purchases (maximum is ₱15,000.00), 0.30 percent regular rebate per month when the Click MasterCard is used in store, online rewards redemption, and exclusive promos.
32. BDO ShopMore MasterCard
If you choose the BDO ShopMore MasterCard, you will get a free SM Advantage Card while you enjoy earning 0.50 peso point whenever you spend ₱200.00 using the card. In addition, you’ll benefit from up to ₱10,000.00 rebates as well as members-only privileges such as special offers, exclusive discounts, and access to some sale events in your area.
Best Credit Cards in the Philippines – Easy Approval!!
Have you tried applying for a credit card (CC) and still got no response? Well, there are credit cards available in the Philippines that you can acquire through fast approval. Here are some of the best credit cards that will help you get guaranteed approval:
33. Security Bank Fast Track Secured Credit Card
The Security Bank Fast Track Secured Credit Card is for MasterCard. Once you get approved, you will also get a time deposit or savings account with 100 percent approval rate. It offers fast processing and you can get your card after three banking days together with the documents and other receipts.
How to Apply Security Bank Fast Track Secured Credit Card
You can go to any branch to apply for this card. Make sure to process all the requirements for your Security Bank MasterCard and submit them to an official representative.
The application requirements include the following:
- Must be 21 to 65 years old
- Residence or business landline number
- Signed and filled out application form
- Signed and filled out holdout agreement
- Any government-issued IDs with photo
- Savings account with ₱15,000.00 deposit
- Or a time deposit with ₱100,000.00 deposit
34. Citi Simplicity+ Credit Card
The best features of the Citi Simplicity+ credit card include no overlimit charges, late payments charges, and annual fees. That means to say you only get to pay a minimum due every month. And if you’re able to settle your due on time, you can enjoy 10 percent discount on interest fees.
The interest rate is 3.50 percent and cash advance fee is 3.64 percent, inclusive of service charge.
Below are the things you need to become eligible for credit card application:
- Must be 21 years old and above
- Minimum income of ₱180,000.00 annually (for those with other credit cards)
- Or ₱250,000.00 annually for those without credit card
- Mobile phone or landline number
- UMID, GSIS, SSS, or TIN number
The requirements you need in order to apply for this credit card are any government-issued IDs with photo, proof of income such as ITR or payslip, and signed COE.
35. PSBank Credit MasterCard
With PSBank Credit MasterCard, there’s no need for annual fee and installment program. This card comes with chip card tech to make sure you are protected from online scams and fraudsters. Also, you can take advantage of the cash rush feature if you want to make cash advance for emergencies. The secure online shopping feature is a free service wherein you need a unique message and password in order to authorize purchases.
The Best Low Interest Credit Cards in Philippines
For first-time cardholders, there’s no need to worry about the high interest rates and fees of owning a credit card in the Philippines. In fact, there are a few options you can choose from to make sure you can manage to pay your monthly credit balances.
36. BDO Platinum MasterCard
If you choose the BDO Platinum MasterCard, you will enjoy great features such as the free for life annual membership if you have annual spending of ₱600,000.00, high credit limit, cash advance fee of up to 30 percent of your credit limit, EasyPay installment, MasterCard Moments concierge service, travel accident and inconvenience insurance for free, and rewards points redemption.
37. EastWest Platinum MasterCard
The free membership for life when using the EastWest Platinum MasterCard is perhaps the best advantage of this card from all others. But wait, there’s more premium perks you can enjoy include the MasterCard Moments with partner establishments and EastWest Platinum Virtual Credit Card for free. The Virtual Card will protect your credit limit and credit card data.
Moreover, there are Platinum Rewards to enjoy by earning one Platinum point whenever you spend ₱40.00 on your credit card. Cardholders also take advantage of more affordable payment terms, higher cash advance, insta-cash and quick bills facilities, balance transfer, and many more.
You don’t need to pay an annual membership fee as it is waived for life. However, there will be a monthly 2.75 percent interest charge and a late payment fee that is 8 percent of your minimum payment due.
Best Credit Card for Quick Balance Transfer in Philippines
A balance transfer is an easy way to consolidate your outstanding balances from multiple credit cards into a single card. This is best because you will only get to pay a lower interest rate. However, your new credit provider still have to settle your debt obligation with your past lender.
The following are the key benefits of balance transfers:
- No need to track different pay bills and due dates at multiple facilities.
- Instant payback because you’re only dealing with a single bank.
- Easier bill payment shorten the time you spend in clearing your dues.
- Payment terms options to get the lowest balance transfer charge.
38. Security Bank 0 Balance Transfer
You get absolutely zero percent balance transfer when you choose Security Bank Balance Transfer facility. Once you sign up, you have to pay your balance in a chosen monthly terms based on the time frame you have set during your application.
- You can apply online for your Security Bank credit card
- After filling out the form on their website, wait for the confirmation via email or SMS notification.
- You will receive the link and use it to sign up online for Balance Transfer.
Best Credit Card for Large Purchase In the Philippines
Whether you’re shopping for your business or personal needs, it’s important to have a reliable credit card that can handle large purchases in and out of the Philippines. So here are the best options if you’re looking for the ideal credit card for large purchases:
PNB Platinum MasterCard
This PNB credit card offers travel insurance for free so that you’ll enjoy a hassle-free travel experience anywhere in the world. In addition, you can take advantage of easy-to-pay payment options especially during some financial issues. You can get large purchases insured, and be confident that your purchases are protected from theft, accidental damage, and unlawful transactions.
The interest rate per month is 2.50 percent while you can enjoy cashback rewards mileage. If you want to use this credit card, you can apply online for an easy approval. Just make sure to submit all the necessary requirements and details needed.
How to Apply
- NScan the accomplished form and send via email to PNBCreditCards@pn.com.ph together with a copy of your one(1) valid ID and most recent payslip.
- You may also submit the for to Any PNB branch.
Metrobank M Lite MasterCard
This Metrobank credit card is literally a no-brainer choice for large purchases because it provides best deals and offers, special privileges, and discounts every time your buy a product or service. Also, it maintains your credit card with lower finance charge while managing your finances through the M Lite MasterCard.
For a monthly interest rate of 2.78 percent, you can enjoy this credit card for large purchases in and outside the Philippines. And it’s easy to get approved by simply applying on their official website.
Bank of Commerce MasterCard Platinum
This Bank of Commerce credit card is made for people who love to shop and buy things. It’s ideal if you want to live a luxury life and enjoy the freedom of getting the best that the world can offer. Whenever you spend, you earn points which can be redeemed.
With lower interest rate of 2.95 percent per month and zero interest rate on installments, you can easily settle your monthly payment dues. Plus, there are available convenient payment options to make sure you achieve financial flexibility through this credit card. So if you usually make large purchases, the reward shopping feature will surely make you happy.
The Best Prepaid Credit Cards Deals in Philippines
Prepaid cards are used in purchasing after depositing money onto the card. It’s either reloadable or non-reloadable. In the country, you can buy prepaid cards in banks, mobile service providers, and retail locations. So what are the best prepaid cards you can avail in the Philippines?
Today, PayMaya is a popular choice and very cheap when it comes to prepaid cards in the Philippines. It comes with a virtual and physical card used in paying items or online services. You can avail this by paying ₱150.00 pesos to get the card. When you withdraw money, you’ll be charged ₱15.00 pesos while there’s no fee for topping up.
If you decide to get the virtual PayMaya prepaid card, you will have to choose between MasterCard or VISA based on your telecommunications provider. You can use the card in any establishments that accept credit/debit cards. However, PayMaya card can also be used when paying bills and settling government contributions.
In order to easily track every transaction you make, make sure to link this card to your PayMaya app. You can load up the card for free at SM affiliate stores, Bayad Centers, Unionbank, 7-Eleven, and many others.
This is available in any local Globe Business Centers, SSS outlets, and PureGold branches. You can use it when shopping with MasterCard-enabled stores and paying for online purchases. It can also be used in paying bills or commuting via LRT or MRT once the Beep feature is activated.
You can get your Globe GCash MasterCard for only ₱150.00. Whenever you withdraw money through your GCash account, you will be charged 20 pesos. On the other hand, topping up your card is free.
BPI Amore Visa Prepaid
The BPI Amore Visa Prepaid is available in Ayala Malls for only ₱200.00. It works like the GCash card only that, you cannot withdraw from this prepaid card. You can activate the Beep feature by paying 50 pesos, and topping up doesn’t have any charge.
Whenever you use this card, you get to earn rewards and points while dining or shopping at any Ayala Malls branch. So basically, this prepaid card is ideal for those who go shopping more frequently. You don’t need any maintaining balance or loading fee when using your card.
How to check BPI Amore Balance.
Here’s the link you need to visit: https://secure1.bpiexpressonline.com/ and next add your Card Number.
This prepaid card will allow you to make transactions and shop at any accredited VISA merchants across the globe. With this reloadable prepaid card, you can conveniently pay bills and shop online no mater what time of day. Also, you can use the EON app in order to track all your transactions in one place.
Through the app, it’s easy to transfer money to other bank accounts anytime and anywhere. To avail this prepaid travel card, you need to be at least 21 years of age and willing to pay ₱350.00 every year for the annual fee.
Best Banks That Offer Credit Cards for Foreigners In Philippines
If you know someone whose not a Filipino citizen but is studying or working in the Philippines, you can help him/her find the right credit card for daily use. Below are the best bank options that offer credit cards for expats in the country:
- Security Bank
- Equicom Savings Bank
- EastWest Bank
- China Bank
- RCBC Bankard
The requirements and procedures for credit card application are just the same as those for Filipinos. However, foreigners might still be asked to submit other necessary papers, such as legal status and proof of identity.
The Best Petrol Credit Cards For Filipinos
Today, you can stick to your household budget without exceeding your fuel expenses per month. With the help of a credit card that provides privileges and perks for Filipino drivers, it’s possible to accumulate high rebates on fuel purchases.
39. Shell Citi Visa Credit Card
When you choose this credit card for your regular fuel purchases, you can enjoy up to 5 percent rebates on Shell fuel, auto shops, auto repairs, and even toll fees if you spend ₱10,000.00 at least. In addition, this Citi credit card only have 3.50 percent interest rate per month.
- Get up to 5% rebate on Shell Fuel purchases.
- Get up to 5% rebate on toll fees (NLEX and SLEX).
- Get up to 5% rebate on auto repairs, accessories and services nationwide.
- Save as much as ₱10,000.00 per year.
- Shell Citi Platinum Exclusives:
- Save as much as ₱15,000.00 per year.
- Enjoy 24/7 Emergency Roadside Assistance.
40. EastWest Bank Hyundai MasterCard
This EastWest Bank credit card is a perfect partner for Filipino drivers of Hyundai vehicles. You will get 5 percent rebates on gas purchases at all gasoline stations. In addition, you can earn up to ₱1,000.00 rebates every month. Just keep in mind that the rebates are only to be redeemed via Hyundai vouchers.
41. HSBC Advance Visa Credit Card
This HSBC credit card offers 3 percent fuel rebates that can only be earned at your local Caltex stations. The interest rate is 3 percent per month while the annual fee is ₱2,500.00, waived when you spend ₱200,000.00 a year if you’re a principal cardholder, or ₱100,000.00 if you’re a supplementary cardholder.
- Earn 4 Bonus Points point for every PHP15 you spend on online purchases and 1 Bonus Point for every PHP15 spend on everything else. Plus, earn 1 air mile for every PHP34 spend on online purchases (Asia Miles/KrisFlyer Miles).
- You can use HSBC online banking to pay your bills straight from your credit card and earn Bonus Points to redeem rewards even while on-the-go.
- Get a 6% rebate on your first fuel purchase at participating Caltex stations nationwide. Use your card to fuel up all year round and get a 3% rebate on your credit card bill! At the same time, your fuel spend earns you Bonus Points, which you can use to redeem Rewards items or miles.
- Enjoy a lower interest rate of only 3.20% per month so you have more funds for your essential spending.
- Exclusive offers and discounts at over 27,000 establishments in over 160 countries worldwide with HSBC’s Privilege Programme.
- Pay on light & easy terms with HSBC’s 0% Card Installment Plan. Enjoy 0% interest and flexible repayment terms at participating establishments nationwide.
Best CashBack Credit Cards in Philippines
Cash back credit cards offer a practical way to save money and maximize the benefits of using these cards in the Philippines. For instance, you can earn cash rebates every month from 0.20 percent to 6 percent. Imagine the perks and privileges just by simply becoming a credit card user.
Citi Cash Back
Through this card, you can enjoy up to 6 percent cash back on you groceries, 2 percent on you Meralco bills, and 0.20 percent on other purchases you make. The maximum cash back you can earn is ₱1,000 per month. However, you need to pay an annual fee of ₱3,500.00 at an interest rate of 3.50 percent.
- ₱5,000.00 SM Gift Pass Welcome eGift*
- Up to 6% Cash Backon supermarket purchases
- Up to 2% Cash Back on Meralco bill payments through Citibank Online or Citi® One Bill®
- 0.20% Cash Back on all other purchases
- Yearly Savings: As much as ₱12,000.00 in savings per year
- Easy Redemption: Never-expiring Cash Back; use anytime you want
Security Bank Complete Cashback MasterCard
By using the Security Bank Complete Cashback MasterCard, you will enjoy cashback rates of 5 percent on groceries, 4 percent on gas, 3 percent on utilities, 2 percent on dining, and 1 percent on shopping.
If you’re spending on medicines, you can earn 1 percent rebate because it’s considered as shopping. Cash backs are credited to your balance automatically so there’s no need for you to redeem your rebates.
4 Best Credit Cards for Entertainment In the Philippines
In the Philippines, there are so many ways to use a card and entertain yourself. And one way to enjoy maximum entertainment is by finding the right credit card that will give you discounts and perks. Below are the best credit cards you can choose from for your entertainment needs:
42. RCBC Bankard Fully Booked Card
When you apply for the RCBC Bankard Fully Booked Card, you will get a Fully Booked Gift Certificate for free. In addition, you’ll enjoy 10 percent discount on each purchase you make at any Fully Booked branches. Cardholders can also take advantage of private sales and special buy events by simply using this card. There’s no annual fee as long as you’re using the RCBC Bankard card.
43. BPI Ayala Malls Amore Platinum Card
For those who love shopping, the Bank of the Philippines Island Ayala Malls Amore Platinum Card is the perfect option. This card serves as the best shopping buddy anytime and anywhere in the Philippines. Also, you can get exclusive perks, freebies, privileges, and discounts no matter what day, month, or year.
44. Union Bank Riviera Golf Club Visa Card
If you love to play golf and wants to enjoy exclusive privileges and perks, the Union Bank Riviera Golf Club Visa Card is for you. It offers exclusive golf privileges as well as payment options that are convenient for each cardholder. The monthly interest rate is 3.5 percent, balance transfer fee is -1 percent, and the annual fee is ₱1,500.00.
- Pay your annual golf club dues at 0% interest for 12 months
- No annual credit card fees
- Earn 1 point for every ₱20.00 spend
- Get a free green voucher plus two golf cart vouchers
45. Metrobank Femme Visa
With the Metrobank Femme Visa, you can enjoy exclusive benefits and privileges at any Femme Visa partner. You will earn one rewards point whenever you spend ₱20.00 pesos using the card. In addition, there are discounts and free gifts from partner establishments.
Best Credit Cards For Young Adults & First Timers in Philippines
If you want to apply for a credit card in the Philippines but you don’t have any idea where or how to start, don’t worry because there are some simple tips for you. Perhaps one of the most important things you need to consider is the credit card company you can rely on regarding your requirements and expectations.
Here are the best credit card options for first-timers like you:
46. Metrobank Classic Visa
The annual fee for Metrobank Classic Visa is ₱1,500.00 pesos, which is waived during the first 12 months. For the interest rate, you will incur 3.50 percent per month. Some of the key features of this visa is the chip card, and embedded chip to protect cardholders from any fraudsters.
47. EastWest Bank Classic Visa
If you’re going to use the EastWest Bank Classic Visa, then you have to understand that the monthly interest rate is 3.50 percent and the annual fee is ₱1,500.00 pesos. The key features include travel insurance worth 20 million pesos, 1 percent of total cash advance amount, and 3.50 percent finance charge on cash advance.
- Reasons to get this credit card
- FREE Comprehensive Travel Accident & Inconvenience Insurance up to PHP20M
- Cash advance up to 50% of your credit limit
- 0% installment plan for 3-24 months
48. RCBC Bankard myDream JCB
One of the best features of the RCBC Bankard myDream JCB is that you get the lowest annual fee and interest rate compared to other classic cards offered by RCBC Bankard. Also, there’s the Pay-Easy-Plan program to make sure you enjoy payment flexibility.
For instance, you can be charged in foreign currencies if you use the card overseas. Cardholders can even pay a minimum of 1/20 of the total balance if they want.
49. BPI Blue MasterCard
This credit card is ideal for first-timers who want to travel abroad. With a travel insurance worth up to 2 million pesos, you are guaranteed to keep protected while in other countries. In addition, you will only pay low annual fee and interest rate unlike other credit cards in the Philippines.
50. BDO ShopMore MasterCard
With the BDO ShopMore MasterCard, you can earn one point for every ₱200.00 pesos spent using the card on participating SM Retailers. You can also enjoy 5 percent rebate on every ₱5,000.00 pesos spend when there’s a 3-day sale on SM malls.
If you want to get more benefits and perks when shopping, this is the perfect credit card for you.
Best Joint Credit Card Accounts in the Philippines
Enjoying the privileges and benefits of owning a credit card in the Philippines can be shared by couples and family members. For instance, you can apply for a joint credit card so you and your loved one can manage your finances in just one place. Below are the ideal credit card options with joint accounts:
51. Security Bank Credit Card
All Security Bank Credit Cards don’t have annual fee during the first year. Also, they have no fees when making foreign transactions. With this card, you can access exclusive perks while finishing the application within 10 minutes only.
The Complete Cashback card can give you up to 5 percent cash back with automatic rebates and exclusive promos. Latest promos include great discounts at shops, airlines, and hotels. Some of the exclusive rewards are rewards points that can be redeemed online.
52. BDO Joint Credit Card
Just like any other joint credit cards available in the country, the BDO joint credit card can also be shared with your partner or family members. This is not only for married couples, but also to organizations, families, friends, business partners, and associations.
Top Low-Interest Credit Card Options In the Philippines
With plenty of options to choose from when applying for a credit card, it’s important to consider the interest rates before making your application. Here’s a quick guide for you in finding the best credit cards that offer low interest, here are some options for you:
AUB Gold MasterCard
This card has no annual fee and no interest when you make your first purchases. The monthly interest rate is only 2.25 percent. Apply Today.
AUB Platinum MasterCard
Same with the Gold card, the AUB Platinum MasterCard also has no annual fee and interest when you make new purchases. The monthly interest rate is only 2.25 percent. Apply Today.
Bank of Commerce MasterCard Platinum
This card has no annual fee, but you need to pay an interest rate of 2.95 percent per month.
BPI Family Credit
You can enjoy cash advance of up to 30 percent when you choose the BPI Family Credit. Plus, the annual fee is only ₱1,000.00 and interest rate is 2 percent per month. Apply Today
EastWest Platinum MasterCard
This MasterCard comes with a free virtual card and lifetime membership with no annual fee. For the interest rate, you’ll have to pay 2.75 percent every month. Apply Today
Metrobank M Lite MasterCard
While earning rewards points when you use the Metrobank M Lite MasterCard, you are guaranteed with secure shopping online. In addition, you will only pay an annual fee of ₱1,500.00 with monthly interest rate of 2.78 percent. Apply Today
Top Credit Cards for Filipinos with the Highest Rebates
The most practical way to save and enjoy discounts is to use a cashback credit card. It maximizes your perks every time you use your card when shopping and buying essential items on a daily basis. So here are the 5 most ideal options if you’re looking for the right credit card with high rebates in the Philippines:
53. Citi Cashback
The maximum rebate this cashback card offers is ₱1,000.00 pesos every month. Aside from that, you can also take advantage of low annual fee and interest rate. The best way to get more benefits is to use this card when paying electricity bills and buying groceries. Get a new Citi Cash Back Credit Card from your phone or computer in an easy, paperless signup process. A deposit account with Citi is not required.
54. Security Bank Complete Cash Back MasterCard
The maximum rebate when using the Security Bank Complete Cash Back MasterCard is ₱1,000.00 pesos per month. You can get 1 percent on your shopping, 2 percent on dining, 3 percent on utilities, 4 percent on gas, and 5 percent on groceries.
You don’t need to redeem your cash rebates as they are credit to you balance automatically.
55. EastWest Bank Everyday Titanium MasterCard
When you decide to use this card, you will enjoy cashback rates of 5 percent on gas, medicines, and groceries when you spend at least ₱10,000.00 pesos on other purchases; 3 percent on medicines, gas, and groceries when you spend below ₱10,000.00 pesos on other purchases; and 0.5 percent on medicines, gas, and groceries when you spend below ₱5,000.00 pesos on other purchases.
56. Unionbank Platinum MasterCard
With the Unionbank Platinum MasterCard, you can enjoy a cashback rate of 1.50 percent on your purchases. There’s no limit for the maximum rebate you can earn, but you need to pay an annual fee of ₱3,000.00 pesos and an interest rate of 3,50 percent.
Best Credit Card Options for Young Filipino Entrepreneurs
Many young entrepreneurs would rather start their own business using their own money. So if you also don’t have a millionaire parents, then you need to look for the best credit card that will help you achieve your ventures in life. The following are some of the ideal credit cards while starting your entrepreneurial life:
BDO Corporate Credit Card
This card is available in Visa and MasterCard, perfect option if you want to effectively manage your business related expenses including travel, office supplies, and entertainment.
Below are the key features of the BDO Corporate Credit Card:
- No interest rate.
- ₱1,800.00 pesos annual fee.
- 5 percent cash advance charge from the total withdrawn amount.
- Earn rewards points and redeem them for special items.
- Easy processing for reimbursement and purchase to reduce efforts and costs.
- Longer credit terms so you can settle payment dues within 25 days after the cut-off.
- Access to management information report per month to easily handle analysis and tracking of all transactions.
BPI Corporate MasterCard
With cost-saving and efficient management of payment procedures and purchases, the BPI Corporate MasterCard is a helpful tool for our young entrepreneurs and professionals in the Philippines.
Some of the best features of this card include the following:
- ₱1,700.00 pesos annual fee
- 3.50 percent interest rate
- 3 percent cash advance charge for the total withdrawn amount
- Online expense reporting system to get automated updates on reimbursement processes, business decision-making, and financial management.
- Better cash flow for your business with installment option to pay your supplier.
BPI ePay Visa Disbursement Card
This payment tool is one of the best disbursement cards you can use in terms of cost effectiveness and speed. As a young business owner, you can use it for certain expenses like payroll, employee incentives, entertainment, and travel.
Below are the best features of this Visa Card:
- Fast approval for credit card applications without credit checks, while you only need to submit a few requirements.
- Pre-fund expenses for entertainment and travel.
- Stronger business branding with the use of card customization and company logo.
PNB Multi Corporate Card
The PNB Multi Corporate Card can be used by Filipino entrepreneurs in their company expenses such as disbursements, fleet, and purchases. With excellent features, you can surely take advantage of this card in managing your business finances.
Check out the following features of this card:
- ₱1,500.00 pesos annual fee.
- Earn one rewards point when you spend 75 pesos worth of retail transaction or ₱100.00 pesos on service merchant to consumers. Points earned can be used to redeem air miles, annual fee waiver, and cash rebate.
- Easily monitor and track company expenses through the management information report system.
RCBC Bankard Corporate Card
If you’re a young startup owner, it’s important to consider a credit card that can help you manage your business expenses in a more convenient way. Good thing there’s RCBC Bankard Corporate Card that is ideal for representation, office supply purchases, entertainment, and travel.
Features of this card include:
- Designed with smart data to provide an efficient online system for monitoring expenses, optimizing cost efficiency, and simplifying management processes.
- Available in US dollar and Philippine peso currencies.
Best Credit Cards with Zero Interest Rate in the Philippines
It’s expensive to enjoy big-ticket items, especially if you’re living a luxury lifestyle. However, there are effective ways to help you save money from daily spending. For instance, you can use a credit card with zero interest in order to stick to your budget.
Here are some of the best options for credit cards with 0 percent interest on their installment plans:
57. HSBC Advance Visa Credit Card
The HSBC Advance Visa Credit Card offers four times faster rewards and bonus points whenever you spend 15 pesos on your online purchases. You can settle your payment dues with easy terms on HSBC’s installment plan with zero interest.
58. BPI Edge MasterCard
With contactless technology, the BPI Edge MasterCard is one of the most reliable credit cards today in the Philippines. Not only that, you also benefit from its zero interest advantage while earning thrills rewards – you can earn one point for every 50 pesos spend.
59. Maybank MasterCard Standard
Aside from enjoying zero percent interest terms, the Maybank MasterCard Standard also provides flexible payment period of 3 to 24 months before you settle your dues. However, terms may vary depending on the merchant you’re transacting with.
60. BDO Installment Credit Card
With revolving credit line, you only get to pay a 2 percent interest rate per month with the BDO Installment Credit Card. Plus, cash is available in easy and flexible installment options so you can manage your balances well. You can also earn rebates, gift certificates, and free treats whenever you shop with this card.
Minimum Cash Availment: P10,000.00
61. EastWest Bank MasterCard
The limitless rewards you can earn through EastWest Bank MasterCard are only some of the reasons why you should get this credit card in the Philippines. But of course, the zero interest rate offered by this card is an important consideration to make.
Best dual-currency Credit Cards In Philippines
With a dual-currency credit card, you can conveniently shop abroad. It’s easier to change from peso to dollar and vice versa with the credit cards that are available in the Philippines. So what are the best credit cards with dual currency?
Bank of Commerce MasterCard Platinum
With this credit card, the annual fee is free. But you have to pay a monthly interest rate of 2.95 percent. In addition, the charge for foreign currency transactions is 2.50 percent of your non-dollar transactions. Basically, your money is converted into US dollars base on the currency conversion rate of MasterCard.
If you decide to use this credit card, however, you need an annual income of 1.2 million pesos. Some of the key benefits and features of the Bank of Commerce MasterCard Platinum include dual currency billing, rewards plus, installment plus, and installment convert.
BDO Platinum MasterCard
The annual fee of the BDO Platinum MasterCard is ₱4,500.00 pesos, but this is waived during the first 12 months. Every month, the interest rate is 2.75 percent. If you’re going to use this in other countries, you will need to pay a foreign currency transaction charge of 1 percent assessment charge plus 1 percent service charge of the total converted amount.
Just like the first credit card, you also need to have an annual income of 1.2 million pesos in order to avail this card. The perks and features of the BDO Platinum MasterCard include the dual currency feature, high credit limit, rewards points program, annual membership for free, travel insurance, EasyPay installment, and many more.
BDO Titanium MasterCard
With a low interest rate of 2.75 percent and an annual fee of ₱3,500.00 pesos, the BDO Titanium MasterCard is a practical choice for credit cardholders in the Philippines. When you use it overseas, you will only pay 1 percent assessment charge plus 1 percent service charge for foreign currency transactions.
In order to avail this card, you need an annual income of 1 million pesos. In terms of the benefits and features, you will enjoy the flexible credit limit, dual currency feature, rewards point system, annual membership fee waived for life, travel insurance, priority pass membership for free, and 50 percent discount on dining.
Equicom Credit Card
Before you choose this credit card, it’s important to know the upfront fees. The annual fee is ₱2,000.00 pesos for Gold Visa and ₱1,000.00 pesos for Classic Visa. The monthly interest rate in peso account is 3.50 percent while for dollar account is 3 percent.
If you’re making foreign currency transactions, the charge is determined by converting non-US dollar transaction to US dollar, plus 2 percent service fee. You have to earn an annual income of ₱500,000.00 pesos for Gold card and ₱120,000.00 pesos for Classic card.
The features include the rewards program, dual currency billing, and the opportunity to sign up for multiple supplementary cards with sub-credit limits assigned for each credit card.
PNB Platinum MasterCard
The annual fee when you use the PNB Platinum MasterCard is ₱3,000.00 pesos along with an interest rate of 3 percent. Also, you should have an annual income of ₱480,000.00 pesos before you get approved for your credit card application.
When it comes to the benefits and features of this card, this is indeed an excellent option for those looking to find a dual currency card in the Philippines. With its dual currency billing and flexibility, you will get separate billing for your foreign and local transactions in US dollar and Philippine peso.
Moreover, you will receive a travel insurance, My Rewards, and zero percent payment plan so you can settle your monthly payment dues without the hassles.
Security Bank Platinum MasterCard
The best part of using the Security Bank Platinum MasterCard is that there’s no foreign currency transaction charge while the ₱4,000.00 pesos annual fee is waived during the first 12 months. While the interest rate is 3.25 percent, you need to have an annual income of 1.3 million pesos.
In terms of the benefits and features, this card has a lot offer including the rewards, high credit limit, travel insurance, waived fees, concierge service, and dual currency billing.
Exclusive Credit Cards for Millionaires In the Philippines
Today, millionaire credit cards are emerging in all parts of the globe. Ultra-rich people have unique needs that is why credit companies create exclusive cards with special features. For instance, credit cards for millionaires provide elite perks and the best rewards unlike the regular cards.
The following are the most prestigious cards that only affluent people can avail:
JP Morgan Chase Palladium Visa
This card is exclusively for the rich ones. It has a really impressive design with gold and palladium as the main material. The account number and information of the cardholder is are etched on the card. Only individuals with high net-worth can avail this, especially those with investment banking connection to the wealth management brokerage of JP Morgan.
To avail, you need to pay 595 US dollars per year. The best advantage of this card is that you won’t have to deal with late payments, overdrafts, cash advances, and foreign exchanges. However, you have to consider the spending limit when using the card.
Citigroup Chairman Card
This is only available for those who have Citigroup brokerage accounts. This card offers a credit limit of 300,000 US dollars and lower annual fee for only 500 US dollars. Some of the perks include concierge service for 24 hours, private airport lounge access, travel upgrades, and many more.
American Express Centurion Card
Also known as AmEx Black Card, the American Express Centurion Card is a prestigious card with exclusive privileges and perks. You can avail this if you have the AmEx Platinum Card with 250,000 US dollars or more. Invitees will get the opportunity to pay 7,500 US dollars once and 2,500 US dollars annual membership charge.
Stratus Rewards Visa
High net-worth people can only avail this card through invitation. Membership fee is only 1,500 US dollars per year. In addition, you will enjoy rewards points of up to 1,500 US dollars annually. Stratus Rewards Visa cardholders will get the privilege to enjoy charter international flights and private jets, premium hotel upgrades, exclusive perks, and many other benefits.
Best Alternatives for Credit Cards in Philippines
If you don’t have any income documents to present when applying for a credit card in the Philippines, there are simple alternatives for you to consider.
You can apply for a PayMaya card even without presenting your income documents, such as ITR, COE, payslips, and others. This type of card is MasterCard or Visa which you can use to pay bills, settle online payments, and receive paychecks from clients.
Some of the unique features of PayMaya card include a mobile app to easily manage funds, built-in beep card, and link to PayPal accounts. You only have to pay a one-time fee of 150 pesos in order to avail the card. Also, the maximum reloading amount is from ₱50,000.00 pesos to ₱100,000.00 pesos per month. The validity period is 4 years.
2. GCash MasterCard
This MasterCard offers unique features including the beep card which you can avail for an extra charge, and the access to your PayPal balance via the GCash app. You only have to pay ₱150.00 pesos once in order to avail the card, with beep for an additional fee of 210 pesos.
The maximum reloading amount you can charge your card is ₱12,000.00 pesos. This card is valid for 5 years of use.
3. Other options
Aside from PayMaya and GCash, there are other options for you to choose from. There’s the PSBank Prepaid MasterCard which you can avail at any PSBank branches with reloading fee of ₱10.00 pesos. Another option is the Smart Money MasterCard with reloading fee of 2.50 pesos via their mobile banking feature. Of course, there’s the UnionBank EON Visa card that has an annual fee of ₱100.00 pesos, ₱200.00 pesos, or ₱350.00 pesos depending on your choice.
How to apply for a credit card in Philippines
- Visit the bank in person! Go to a bank office and ask one of the staff about the credit card requirements for a OFW, seaman, freelancer or foreigner. There are online applications available with the requirements stated, but if you’re still unsure, it’s always best to get clarification in person.
- For foreigner! make sure your visa lasts more than a year. Banks will not approve credit card applications that are deemed to be high risk, so the longer your visa lasts the better. At the very least, make sure it lasts for a year.
- Check the minimum required income. The requirements for an expat when applying for a credit card differs from that of a local’s, so make sure you check properly for the minimum income. It’s also a safer bet to have an income that’s higher than the minimum.
- Take into account the duration of the application. It should take roughly between a week or two for your credit card application to be approved or rejected, so be patient!
Malaysian banks do not have a standard approval or rejection requirements for credit card applications by expats. Banks commonly look at the risk levels of providing you with a credit card. Generally, the lower the risk the more likely the approval.
Credit Card Requirements for OFW/Seaman
Today, credit cards are no longer just a luxury item, but an essential. If you have the card, you don’t need to bring cash whenever you want to shop or buy some groceries. In addition, you can enjoy a lot of perks and benefits by using a credit card; just make sure to pay your payment due in full every month.
The following are the requirements of credit card for OFW and seaman:
- Prove that you have a permanent job and a stable source of income. Present your OEC (Overseas Employment Certificate) for at least two years, or an employment contract.
- Create a deposit account and show that you have regular deposits made to your account. With less withdrawals made, make sure your account contains at least ₱20,000.00 pesos in order to get approved for your credit card.
- Get a secured credit card by complying with the basic requirements such as a billing statement where your Philippine address is indicated, Certificate of Employment, work visa, Overseas Employment Certificate, and be at least 21 years old.
Credit Card Requirements for New/Students
New and student cardholders can avail for a secured credit card, prepaid card, and supplementary credit card. If you don’t have a proof of income to show when applying for a credit card in the Philippines, there are basic requirements you need to submit:
- If you’re planning to get a secured credit card, you need to have a minimum deposit. The amount required for minimum deposits depend on the bank you want to apply secured credit card from.
- For those who want to get a supplementary card, all they need to do is convince their family member who’s a credit cardholder to help them avail a supplementary credit card.
- Now if you want to use a prepaid card for more convenience, you only need to pay 150 pesos or more depending on the bank you want to obtain a prepaid card from.
Credit Card Requirements for Foreigner Cardholders
Foreigner cardholders in the country have the same requirements as Filipinos. Only that, some banks require them to provide additional papers to prove their legal status and identity. As long as you’re 21 years of age or below 65 years old, you can apply for a credit card in the Philippines.
In addition, you also need to provide work, business, or residence address and landline phone to be qualified.
Best Credit Card Options for Purchases Abroad
If your credit card bears American Express, Visa, and MasterCard logo, you are free to use it on your expenses abroad. Below are the best credit card options you can use to purchase, dine, shop, and find entertainment abroad:
- Security Bank Platinum MasterCard
- RCBC Bankard Visa Infinite Card
- HSBC Platinum Visa
- BDO American Express Cash Back
- BPI Family Credit Card
Ideal Credit Cards for People in Their 20’s
Whether you’re still in college, or starting your career life, you will come to a point where you need to apply for a credit card while living in your 20s. Credit cards are convenient payment tools in daily spending, business trips, and online transactions. So here are the ultimate options for you when it comes to getting a credit card in your early adulthood:
Fully Booked RCBC Bankard MasterCard
With this card, you can get up to 10 percent rebates at any branch of Fully Booked while enjoying exclusive access to private sale events and special buys. In addition, you can access the rewards catalog and get the best perks including a 10 percent discount for people in their 20s.
BPI Edge MasterCard
The contactless technology sets this card apart from other credit cards available in the Philippines for twenty-somethings. You can earn one rewards point for every ₱50.00 pesos spend. In addition, you get a free AMF waiver for the first year and other exclusive perks such as zero percent installment on gadgets, hottest events, and clothes.
Citi Rewards Card
The no expiration rewards points you can earn from using the Citi Rewards MasterCard can give you exclusive perks and privileges. For every ₱30.00 pesos you spend using this card, you can get one rewards point. Also, there’s no interest rate or any additional fees when you shop from participating merchants in the Philippines.
BDO Installment Credit Card
The best perk offered by this credit card is the low minimum income requirement per month which is only ₱10,000.00 pesos. With 2 percent monthly interest rate, you can enjoy the revolving credit line of the BDO installment card.
Also, you can get GCs, rebates, and free treats every time you purchase or make online transactions through this card.
HSBC Red MasterCard
You can redeem items, air miles, and GCs by simply accumulating bonus points every time you use the HSBC Red MasterCard. For the first 12 months, you will enjoy the waived annual fee. Use this card when fueling up your car at any Caltex stations in order to get 3 percent rebate.
6 Simple Credit Card Hacks to Save Money for Beginner
Perhaps you’re asking yourself how to save money from your credit card as a new cardholder or beginner. Well, the first thing you should be asking yourself is, “am I really prepared to own a credit card?” Do you have the requirements to guarantee credit card application approval? These are only some of the important things you need to consider before choosing to get a credit card in the Philippines.
But the main point is, how do you save money from using your credit card?
- Flexible payment term. The best way to take advantage of your credit card is to have a flexible payment term. It will allow you to choose certain dates to settle your credit balances. Whether you pay every week, twice or once a month, make sure it’s on your favor.
- Accumulate rewards points. For most credit cards, you can earn one point for every ₱20.00 pesos spend. Make it a habit to collect points so you can redeem exclusive rewards, such as rebates, discounts on restaurants including Jollibee and KFC, and gift certificates.
- Update yourself with discounts and promos. Everyone loves discounts and perks. So most of the credit companies in the Philippines offer discounts and promos with their partner establishments nationwide. Make sure you know the current promos when using your credit card so you can benefit from higher discounts, especially in avoiding ATM fees.
- Look for credit cards with no annual fees. Some credit cards have an annual fee of up to ₱5,000.00 pesos. To save money, do some research before you choose a credit card. There are plenty of options in the credit card market that don’t ask for annual fees. For instance, the AUB Easy MasterCard card has waived for a lifetime annual fee.
- Benefit from cashback. In order to save on your daily spending, you can use your card’s cashback feature. These are refunds and rebates that you can accumulate from making purchases on groceries, gas, and other essentials.
- Choose low-interest credit cards. Take your time to find the credit card with low interest rates per month. You can use comparison sites or apps in order to get the lowest interest from the available credit cards in the Philippines.
How to Free Yourself from Credit Card Balances
Getting out of debts, especially credit card balances, is easy if you consider planning and having perseverance to achieve your goal. In addition, equipping yourself with tools and knowledge is essential in reaching financial freedom. So how do you free yourself from your mounting credit card debts?
You need loads of self-discipline, persistence, and good budget plan in order to live debt-free. First, create an applicable debt reduction planning that will work for your situation. It’s important to be specific when creating your plan so that you can reach your goals in a timely manner.
The following are some helpful tips to make sure you get out of your credit card debt:
- Assess your financial portfolio. The very first step in freeing yourself from credit card balances is to evaluate your current financial situation. List down the things you owe such as monthly bills and other debts. Make overall financial obligation reviews to determine how much you can pay each month.
- Sort out your priorities in spending. Covering the basics when planning how to pay off your debts shout be the first step. The basics, obviously, include housing, clothing, and food. You can pay the minimum amount to slowly settle your credit card balances.
5 Ultimate Travel Hacks to Enjoy More Credit Card Rewards
The benefits of credit cards depend on the specific needs of every individual. Some may not be in favor of using credit card, while others enjoy having it while shopping. What’s important here is that, you are a responsible cardholder and that you have goals for your long-term finances.
Here are some travel hacks to help you get the most out of your credit card privileges:
- Prioritize basic personal finances. Before you decide to get a credit card, make sure to understand your current personal financial portfolio. You should have 700+ credit score, no outstanding debt, good history of credit use, and regular monitoring of expenses.
- Travel hacking don’t hurt credit scores. While it’s possible for credit scores to decline a bit, it will eventually recover within three to twelve months. Even if you decide to close your credit card, it will never affect your scores in a negative way. However, you need to maintain low utilization rate in order to remain open.
- When opening a card for travel hacking, make sure to do your homework. Conduct a thorough research on the best travel rewards cards available and choose which one suits your exact needs. In order for you to get better rewards, it’s important to consider your spending, goals, hotel or airline specific cards, sign-up bonuses, annual fees, and many others.
- Some of the best credit card options for travel hacking are Chase Sapphire Preferred Card, Bank of America Travel Rewards Card, and Capital One Venture Rewards Credit Card.
- Take everything slowly. In the beginning, you need to be careful in your decisions especially when it comes to travel hacking. The potential rewards you could get are limitless, however, you need to understand how you are going to do it. Know where you can track your credit cards, and always check your bank statements so that you can monitor if rewards are transferred to your accounts.
Now if you want to travel using your rewards points, you could get to your destination for free. With plenty of great perks offered by most credit cards today, it’s possible to score air miles and travel abroad without paying for your airline ticket.
However, you need excellent credit in order to enjoy these travel rewards. Make sure you pay your due balances in full and you can present a good payment history. You can either avail the brand specific credit card or general purpose credit card to achieve your travel rewards goals.
The main tactics you can use to get more travel rewards is charging everything on your card, most especially those purchases related to travel. Also, avoid cash advances and balances transfers because they will not give you any rewards. Ultimately, join the loyalty programs of airlines and hotels around the world.
How Can You Profit from Credit Card
More appropriately, it’s a question of how you can save money and earn more rewards from using your credit cards. Well, the basic tips are easy to follow if you really want to get the most out of your credit card. For instance, don’t make cash advances, convenience checks, balances, and unnecessary purchases.
Basically, you cannot earn cash or profit from your credit cards. Unless you’re into a huge financial institution, average cardholders only enjoy certain perks and benefits. Here are some tips to help you achieve higher rewards and bonuses from your credit card:
- Open an account with huge opening bonuses. Then earn more bonuses when you get multiple credit cards for your loved ones. You can use your bonus points in paying your monthly bills. Before your annual fee become due, make sure to cancel your card immediately.
- Buy a new vehicle with your new card that’s connected to the brand of vehicle you’ll be purchasing. For sure, the credit card will offer exclusive discounts and perks for buying a car that’s affiliated with the card provider.
How to Use Your Credit Card and Enjoy Its Perks
After getting your new credit card, from the first month using it, make sure to pay your due on the 20th of next month. Paying it in full will free you from interest charge. On the other hand, not paying in full will get you a 5 percent interest charge from your total credit balance.
The following are effective ways to take advantage of your new credit card:
- Schedule your spending so that you won’t get an interest for your credit balances.
- Always pay your credit balances in full so they won’t become bigger. Settle them every month and never delay your payments.
- If you want, it’s okay to use your card for business-related purchases or transactions. However, use your credit card with utmost cautiousness not to incur high debts.
- Choose a credit card provider with no installment charge. Just check your limit in order to know how to manage your spending.
- Use balance transfers to save from interest charge. Some credit companies restructure client’s balances so that they will only have to deal with fixed amount every month.
- Get high-value items with your credit card because most of these establishments offer installment plans. For instance, you can get a laptop to start an online business. This is a great investment once you’re done with your installment.
- Enjoy the discounts and offers with your credit card instead of bringing cash whenever you need to buy something.
Always know the best ways to take advantage of your credit card privileges and understand the terms and conditions. That way, you can benefit from the rewards that your credit company offers.
The Ultimate Guide To Credit Scores
If you have a bad credit, it’s not easy to repair it. Apparently, it will take time as there’s no quick fix for low credit scores. Do not take shortcut advice to fix your debt or you will surely suffer the consequences. Also, responsible planning is the best way to boost your credit score.
Below are helpful tips to effectively repair your credit history:
- Keep track of your credit standing. It all starts with checking your credit reports. You can request for a copy of statements and thoroughly review it. A credit report includes all information used in order to compute your credit scores. Sometimes, it’s possible to have errors in your report so make sure to check it properly and contact your credit bureau if there are discrepancies.
- Don’t forget your payment dues. When you’re a credit cardholder, it’s a basic step to know your obligations. You can make a simple reminder tool to make sure you’re not behind your credit dues. Get updates through your credit card provider’s online banking portal in order to get SMS or email of your payment due reminder.
- Slowly reduce your debts. Don’t just focus on improving your credit scores, make sure to work on reducing your debts as well. The best way to do this is to give your credit card a rest from shopping or paying bills. After reviewing your account statements, build a doable payment plan so you can reduce your debts.
4 Reasons Why It Makes Sense For Filipinos To Use Credit Cards
Aside from the convenience credit cards give you, they can also provide you with exclusive discounts and freebies. It allows you to monitor your spending while having an immediate solution during emergencies. So the benefits of credit cards cannot be ignored. However, there are also cons to consider if you’re a credit cardholder.
Here are some of the pros of owning a credit card in the Philippines:
- It’s more convenient to bring a credit card than cash. Filipinos are used to experiencing pick-pockets and even robbers in the cities, most especially in Manila. So instead of carrying wallet with cash on your bag, why not just get a credit card?
- Instant help during emergencies. In times of need, having a credit card is a blessing in disguise. If you have unexpected expenses, you can easily turn to your credit card. This is particularly helpful during medical emergencies and even emergency car repair.
- Enjoy exclusive rewards and privileges. With accumulated credit card rewards points, you can redeem bigger items such as gift certificates, air miles, and a lot more. From simply shopping using your credit card, you can earn discounts and freebies.
- Record every transaction. Credit cards are ideal for record keeping. No need to wonder where your hard-earned money went by simply looking at your credit report.
On the other hand, there are some disadvantages that you need to know when using credit cards. Today, credit card frauds are growing and continue to spread across the globe. If you’re not careful enough when using your card, you might become one of the victims of phishing scams and other cyber attacks.The most important thing to consider when choosing a credit card is the amount of security providers put into their system. Always protect your data at all cost. Do not click on fishy emails and never share personal details with unsecured websites and shady personnel.
3 Ways a Business Credit Card Can Help Your Small Business In the Philippines
Are you an entrepreneur, freelancer, or blogger? Having the right credit card for your business can save you money on expenses. With plenty of home business ideas you can choose from, it’s important to consider the best rated credit cards that can provide you with the best advantages and rewards.
To those who have online jobs, here are some tips you can follow when using business credit cards for your home business:
- Know why you really need a credit card for your business. So what is the main purpose of using a credit card in your home business? Perhaps you want to prioritize daily startup costs in order to launch your new online business.
- Consider the rewards you can earn. Make sure you know where opportunities are and how to enjoy the rewards offered by your credit card. If you want to promote your new business, you can earn more rewards from your ad spending.
- Look for better rewards that are in favor of your business expenses. Web hosting and online marketing may require huge money so make sure you budget include logo and web design, computer software and hardware, cellphone, internet, utility services, and other basic tools.
Some of the business credit cards you can use without annual fees are Citi Rewards Card, BPI Blue MasterCard, BPI Gold MasterCard, BPI eCredit Card, and HSBC Premier MasterCard.
How Credit Card Billing Cycle Works
You need to check and understand the terms and conditions before you choose a credit card that meets your needs and requirements. Taking the time to know your options as well as the payment terms and fees is important. That way, you can use your card with ease and convenience.
When it comes to the minimum amount due, it refers to the lowest payment required by the bank for the monthly dues. How the minimum payment is calculated depends on the bank or credit card provider. It may include some percentage of the installment amortization and outstanding balance, plus the over credit limit fee and overdue amount.
You may pay the minimum every month, but you will incur higher interest in the long run. So it’s always better to pay your balance in full to avoid interest and other additional charges.
The finance charge, on the other hand, is the charged interest on your account with overdue balance. In the Philippines, this is computed by the previous balance or average daily balance method. It may be relatively higher once you credit provider used your previous balance with credit card debts.
In terms of the service fees, you need to consider the annual fee, cash advance charge, foreign currency transaction charge, balance transfer charge, slip retrieval charge, and card replacement charge.
You also need to consider some penalty fees that you will incur over time using your credit card. These include late payment fees, overlimit fees, multiple payment fees, installment pre-termination fees, and returned check fees. So before you apply for a credit card, read the fine print and understand every detail that you need to comply with.
What To Do If You Can’t Settle Your Credit Balances in Full
Sometimes, it’s inevitable to overextend your credit card use due to unexpected expenses or a medical emergency. Whatever it is, make sure that it’s not just an impulse buying. Overspending using your card can be a huge mistake as it can lead to huge debts.
One of the most serious financial concerns is eliminating debts and paying off credit balances. However, there are times when it’s hard to handle them simply because you don’t have enough money. Below are some expert tips to help you pay back the money you owe from your credit card provider and grow this as a long term wealth investment:
- Apply the 90 days limit. It’s important to know that past due accounts will have the 90-day limit. Beyond that limit, your card will get a permanent negative record that any bank can access. In other words, other banks will not easily grant loan applications with bad debt.
- Pay the minimum. If you can’t pay your credit balances on time, you will incur an interest rate on your remaining balance. As a result, you’ll pay more than the original amount you owe from your bank. However, if you decide to pay above the minimum, you still can’t use your card. Until you have paid your outstanding balance, only then can you use your credit card again.
- Use balance transfers. This method will consolidate your debts on a single card to new card with relatively lower interest rate. The new card issuer then agrees to settle your debts, and you will pay back the money at a lower monthly interest.
- Consider restructuring. Perhaps, this is your last option when it comes to settling your credit card debts. Restructure your account and then provide your bank with enough proof that you will repay them within a specified period.
Benefits of Paying Monthly Credit Card Bills in Full
Cardholders can pay their credit card bills in minimum or full amount. However, the advantages of paying in full are much better than paying just the minimum every month.
Here are the benefits when you develop a habit of paying your monthly dues in full:
- No more interest. This is perhaps the best part of paying your balances in full. So if you can manage to pay your credit card bills in full, do so. Or else, your balance will increase every month if you insist paying the minimum.
- Improve your credit scores. Fair credit utilization and payment history significantly affect your credit score. In order to achieve high score, pay your monthly bills on time and in full.
- Develop discipline when handling money. Your financial goal should be paying your balances in full every month. Once you commit to this habit, it’s easier to discipline yourself when managing your finances.
Schools That Accept Credit Card Payments for Tuition Fees
For parents, it’s inconvenient to bring cash when paying their child’s tuition fees. So it’s important to know which schools and educational institutions accept credit card payments for their tuition fees. Here’s a list of the schools where you can pay tuition using your credit card:
- Asian Institute of Management
- De La Salle University/Zobel School/Greenhills
- Colegio de San Agustin
- Keys School
- John Robert Powers, QC and Makati
- First Academy of Computer Arts
- Exploration School
- Miriam College
- St. Paul University, Quezon City and Pasig City
- Philippine Center for Creative Imaging
- St. Mary of the Woods School
- PAREF Northfield / Southridge School
- O.B. Montessori, Greenhills, Sta.Ana, Las Pinas, Fairview, Angeles
- Our Lady of Perpetual Succor College
- University of Asia and the Pacific
- University of Santo Tomas
- University of San Carlos Cebu City
How to Pay Credit Card Bills in the Philippines
There are different channels you can choose from and even pay credit card bill with another credit card. Below are some of the best options when paying your credit balances:
- Over-the-counter payment at any bank branches. This traditional method of credit card bill payment may be done using check or cash. If you pay in cash, you can get same-day/next-day posting at the issuing bank’s branch.
- Through ATMs. Another more convenient way is in an ATM from partner bank, Megalink-member bank, BancNet, or your credit provider. This payment method are also posted via same-day or next-day time. You can make payments 24/7 anytime and anywhere.
- Via phone banking. This is not a popular option for Filipinos, but it comes handy when you need help with banking transactions, or can’t visit the bank for personal assistance. You can contact a bank even without intern connection.
- Online and Mobile banking. These two methods are really convenient nowadays because you can transact with your bank in just a few clicks. Make sure to register an account for online banking so you can enjoy their e-banking platform.
World Elite MasterCard Credit Card
For every cardholder, it’s important to know how to maximize their credit card use. It’s a great convenience to have an e-payment tool partner that can provide you with everything you need, from paying monthly bills to travel needs. So why is it a smart choice for people to choose the BDO World Elite Mastercard?
Some of the exclusive offers, perks, and privileges of this card include huge discounts on shopping, dining, traveling, and more. And when you use it when shopping at SM stores or in booking engines, you’ll enjoy a 5 percent rebate along with the use of SM Prestige card.
In addition, the BDO World Elite MasterCard is currently the highest by card type and most exclusive that BDO offers in the Philippines. What makes it more prestigious is that, users are handpicked. Meaning, only a few selected cardholders enjoy this very special card. When you use it with Mabuhay Miles, you can get great discounts on your airline tickets. You can also take advantage of this for your payroll.
By using the BDO Deals app, you can get the latest updates on your BDO credit cards. For instance, you can enjoy 40 percent off on dining, shopping, hotels and accommodation, and other promos. So always check the up on your iPhone or any mobile device to know more about the offers and discounts of your favorite BDO card.
- To enjoy exclusive World Elite™ privileges, reservations must be made by placing one call anytime of the day at (632) 840-7777 and anywhere in the world at (Universal Toll Free Number*) (IAC) + 800-8-8407777.
Additionally, here is a list of International Toll Free Numbers* at select countries:
- China: 10800-631-00230 (NETCOM) / 10800-163-4473 (TELECOM)
- Greece: 00800-6312-0023
- Guam: 1-855-671-0081
- Macau: 0800-003
- United Arab Emirates: 800-0630-0033
Customer Service Guide in Card Activation, Lost and Stolen Cards, Balance Inquiry, and More!
For card activation, you need to verify your account first. You can do this by visiting the official website of your card provider and follow their instructions. For BDO cardholders, they need to provide a one-time password and then enter personal details such as card number, birth date, expiration date of card, and enter a security code for verification.
Now if you lost your card or it was stolen, make sure to immediately report it to your card issuer. You can find their contact number on your credit card statement or check out their website. Provide your details when contacting your creditor, such as your account number, when it was stolen or lost, and amount and date of last purchase made.
Checking your balance is important before purchasing a big-ticket item or making a large purchase. This will help you avoid making a huge mistake that could ruin your credit score, or get you in bad debt. Luckily, it’s easier to make a balance inquiry today with current platforms such as a smartphone app, online channels, and via mobile device.
Here’s a list of contacts of Philippine banks if you have customer service needs:
- Asia United Bank – 8888 or 282-8888 (Metro Manila), 1-800-10-282-8888
- BDO – 631-8000 (Metro Manila), 1800-10-631-8000 (PLDT), 1800-3-631-8000 (Digitel), 1800-8-631-8000 (Bayantel), 1800-8-631-8000 (Globelines)
- BPI – 89-100 (Metro Manila, 1800-188-89100
- Chinabank – 1-800-1-888-5888
- Citibank – 995-9999 (Metro Manila), 995-9999, 234-9999 (Cebu)
- EastWest Bank – 02-888-1700
- HSBC – 85-800 (Metro Manila), 1800-1-888-8555
- Maybank – 1-800-10-58-3888
- Metrobank – 8700-700 (Metro Manila), 1800-1888-5775
- PNB – 02-573-8888
- RCBC – 00-1-800-10-000-7222
- Security Bank – 02-887-9188
- Standard Chartered Bank – 02-830-1111
- UCPB – 02-811-9111
- Union Bank – 84-186 or 841-8600 (Metro Manila), 1800-1888-2277
- Robinsons Bank – 637-CARE (2273), 1-800-10-637-CARE (2273)
Check out these customer service hot lines if you have concerns and questions regarding your credit cards.
15 Most Asked Questions About Credit Card in the Philippines
Bank transactions can be quite intimidating. Whether it’s opening a bank account or a credit card account, especially if you’re a foreign international and a new applicant in a foreign country, it’s a constant worry if you have understood the rules and regulations and if you have paid the necessary payments that the bank needs from you. What’s worse is getting yourself into debt problem without having any idea how this can be resolved as soon as possible.
But we’ve got you covered with all your credit card questions and the necessary actions you should take on different situations.
What is the minimum amount due in a credit card statement?
The minimum amount due in a credit card statement is the percentage of the amount that you shall pay to the bank. For example, for every billing cycle, you’ll have to pay 4% of your borrowed money (e.g. ₱4,500.00), which means you’ll need to pay ₱180.00 to the bank.
What is total amount due in credit card?
Essentially your total amount due in your credit card is the amount you have totally used and liable to pay to your bank. If your total amount due will exceed to the given time of paying it fully, the bank will most likely charge you with their specific interest rates which you’ll have to pay also.
Can I use my US debit card in the Philippines?
Of course, any debit card that has a visa, MasterCard or any existing credit card logo can be used in the Philippines for any transactions you wish to make and withdrawing from any ATMs. Just make sure that before using your card, you have already notified bank from your country that you’re going to use it in the Philippines to avoid misunderstanding that your card has been used for illegal transactions without your consent.
Is it okay to just pay the minimum amount due in my billing statement?
Yes, but your credit card can be a very expensive form of credit if you pay just the minimum amount due every billing cycle. Card issuers usually require a minimum payment of ₱5,000.00 balance could mean you may opt to pay only ₱250.00. However, once you do so, the remaining balance of your outstanding credit card obligation will then be charged a “financing fee”. Assuming that said fee is 3.5 percent a month, this translates to a 42.0% annual interest rate. Your overall goal should be to always pay-off your balance to enjoy the full benefits of owning a credit card at minimal cost to you.
I’m having difficulty paying my credit card debt. Can I just terminate my card to avoid further finance charges?
Yes, but only after full payment of all fees, charges and liabilities outstanding or incurred by the use of the Card, including those not yet reflected in the current Statement of Account/Billing Statement. When you first decided to use your credit card, you have signified your agreement to abide by Terms and Conditions for its use, including the provisions on fees, penalties and finance charges.
If you are encountering problems managing your debt, we suggest that you take the following steps:
- Contact your creditors immediately and request to work out a payment plan that can help reduce your payment to a manageable level within a specified period.
- If you have debts from various cards, pay off those which charge higher interest rates first.
- Transfer debts with high interest rates to cheaper alternatives.
- Reduce credit card purchases and, as much as possible, avoid cash advances.
My credit card company is charging me with excessive finance charges, fees and penalties? Are there any law or regulation which limits fee, charges and interest rates?
None. There is no existing regulation which puts a ceiling on fees, charges and interest rates. Please note, however, that the BSP requires banks and their subsidiary credit card companies to properly disclose these charges to cardholders like you and help you arrive at informed choice or decision in transacting with banks and their credit card issuers.
How can I avoid paying excessive finance charges and penalties?
The key for you to avoid excessive finance charges, fees and penalties is to become a responsible cardholder by paying your bills on time to avoid late payment fees and penalties and as much as possible, try to pay off all outstanding dues every billing cycle. Spending only within your means is of course the surest way to avoid finance charges and continue to enjoy the use of your credit card.
Can a cardholder’s bank deposits be used to “offset” unpaid amounts on his credit card?
Yes, BSP Circular No. 398 dated 21 August 2003, on Offsets provides that, for purposes of transparency and adequate disclosure, the credit card issuer shall inform/notify the credit cardholder in the agreement, contract or any equivalent document governing the issuance or use of the credit card that, pursuant to provisions of Articles 1278 to 1290 of the New Civil Code of the Philippines, as amended, the use of his credit card will subject his deposit/s with the bank to offset against any amount/s due and payable on his credit card which have not been paid in accordance with the terms of the agreement/contract.
Will I go to jail for not paying my credit card debt?
No, Article III (Bill of Rights), Section 20 of the 1987 Constitution of the Republic of the Philippines provides that “no person shall be imprisoned for debt or non-payment of a poll tax”. However, the creditor may, depending on the circumstances, avail of other remedies against the debtor such as filing of a civil case for collection of sum of money.
Can credit card companies unilaterally suspend or terminate my credit card?
Yes, BSP Circular No. 398 on suspension, termination of effectivity and reactivation authorizes banks or their subsidiary credit card companies to revoke, suspend or terminate the effectivity of the card, if circumstances warrant. Criteria or parameters for suspension, revocation and reactivation of the right to use the card and the authority of the issuer to suspend or terminate the card’s effectivity should be included in their contract with cardholders.
What is the procedure required for credit card companies in handling written complaints filed by credit cardholder?
BSP Circular No. 398 on Handling of Complaints provides for the procedures required of banks in handling written complaints filed by credit card holders. Banks or their subsidiary credit card companies shall give cardholders at least twenty (20) calendar days from statement date to examine charges posted in his/her statement of account and inform the bank/subsidiary credit card companies in writing of any billing error or discrepancy. Within ten (10) calendar days from receipt of such written notice, the bank/subsidiary credit card company shall send a written acknowledgement to the cardholder unless the action required is taken within such ten-day period.
Not later than two (2) billing cycles or two months which is in no case shall exceed ninety (90) days after receipt of the notice and prior to taking any action to collect the contested amount, or any part thereof, banks/subsidiary credit card companies shall make appropriate corrections in their records and/or send a written explanation or clarification to the cardholder after conducting an investigation. Nothing in the regulations shall be construed to prohibit any action by the bank/subsidiary credit card company to collect any amount which has not been indicated by the cardholder to contain a billing error or apply against the credit limit of the cardholder the amount indicated to be in error.
What should I do if I am being harassed by credit card collecting agents?
You may directly file a complaint with the credit card issuer if you are a victim of collection harassment practices. The BSP, through Circular No. 454 dated 24 September 2004, protects consumers from unfair collection practices. It provides that subsidiary/affiliate credit card companies, collection agencies, counsels and other agents may resort to all reasonable and legally permissible means to collect amounts due them under the credit card agreement provided that in the exercise of their rights and performance of duties, they must observe good faith and reasonable conduct and refrain from engaging in unscrupulous or untoward acts.
If you find the bank’s reply/action unsatisfactory, you may also file a formal complaint with the Financial Consumer Affairs Group (FCAG), Supervision and Examination Sector, Bangko Sentral ng Pilipinas. FCAG will assist you by bringing your concerns to the attention of the bank/subsidiary credit card company.
What should I do if my credit card is lost or stolen?
Report a lost or stolen credit card to the card issuer as quickly as possible. Many companies have toll-free numbers and 24-hour service to deal with such emergencies. Take note of the reference number and date when you first reported the card loss or theft. If you report the loss before your credit card is used, the issuer cannot hold you responsible for any unauthorized charges.
Am I liable if I don’t inform my credit card company of a change in my billing address?
Yes, under Section 14 of R.A. No. 8484 known as the Access Devices Regulation Act dated 11 February a cardholder who abandons or surreptitiously leaves the place of employment, business or residence stated in his application or credit card, without informing the credit card company of the place where he could actually be found, if at the time of such abandonment or surreptitious leaving, the outstanding and unpaid balance is past due for at least ninety (90) days and is more than Ten thousand pesos (₱10,000.00), shall be prima facie presumed to have used his credit card with intent to defraud.
How do I pay my credit card bills?
- There are hassle-free ways to pay your credit card bills. You may pay by doing any of the following methods;
- Pay through your bank – By visiting the nearest ATM machines or bank of your credit card, you may pay it through selecting Bills Payment or over the counter payment.
- Pay through Auto-Debit – This means that you can be automatically deducted for your debit by choosing if you prefer to pay the minimum amount due, total amount due or a fixed amount every month to be paid to your card account.
- Pay online or mobile banking – All you have to do is to either pay your bills online by logging in your account or download the banks mobile app and pay your bills through your mobile phones.
- Pay through BancNet – If your bank account is also a member of BancNet, you may pay at any ATM machines and choose Pay Your Bills.