Instant help during emergencies. BPI 6. Take note that all users can request money, but only semi-verified and verified users can pay a money request. Using this card means you have loaded money onto it; hence the name prepaid card. US$1 per inquiry. Withdraw cash without an ATM card via Cardless Withdrawal; Deposit check with Image capture; Pay Bills 24/7; Lock and unlock your ATM cards to secure funds; Create a deposit account and show that you have regular deposits made to your account. Over-the-counter Present your premium notice or fill out the corresponding payment slip at any of the following: 1. You will also get to enjoy an amount of up to 12,000.00 pesos per year. For the application requirements, you need to present a proof of income such as COE, full-month payslip, and latest BIR Form 2316 if youre employed, and proof of identification such as any valid IDs like passport, NBI clearance, drivers license, and other government issued IDs. Requires spending at least P10,000 per month to avail of maximum rebates; P4,500 annual membership fee; Eligibility: P500 or 5% of the cash advance amount per transaction, whichever is higher: Over the Counter Cash Advance Fee: Use balance transfers to save from interest charge. You may pay the minimum every month, but you will incur higher interest in the long run. If you are encountering problems managing your debt, we suggest that you take the following steps: None. The maximum rebate every month is 1,000.00 pesos while you need to pay an annual fee of 2,800.00 pesos and an interest rate of 3.50 percent. The annual fee is 2,500.00 which is waived during the first 12 months. The increasing scale and impact of disaster events call for innovative solutions for a more efficient and effective delivery of cash to affected populations. This will help you avoid making a huge mistake that could ruin your credit score, or get you in bad debt. No more interest. But dont worry because you will enjoy 5 percent fuel rebates as one of the main benefits of the EastWest Bank MasterCard. The annual membership fee is 2,800.00 pesos for principal cardholders and 1,400.00 pesos for supplementary cardholders. 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 youre employed, or ITR, latest AFS, or SEC/DTI registration certificate if youre self-employed. This is best because you will only get to pay a lower interest rate. Earning 200.00 pesos worth of rebates will automatically post your cashback credit on your account. Below are the ideal credit card options with joint accounts: All Security Bank Credit Cards dont have annual fee during the first year. Earn enough points and start redeeming rewards online! For instance, airline-specific cards provide generous benefits as rewards for frequent travel. However, you need to use your credit card responsibly in order to enjoy all these benefits: Credit cards make payments more convenient than physical cash. Payment terms options to get the lowest balance transfer charge. Apply online now! Get a new Citi Cash Back Credit Card from your phone or computer in an easy, paperless signup process. However, there are no discounts and other privileges, except for the reward point system. The Travel/Transport Accident Insurance provides up to 3 million pesos for all cardholders. FREE. In the Philippines, there are so many ways to use a card and entertain yourself. However, there are some disadvantages in using this card such as the high annual fee worth 150 US dollars and its billed in US dollars. However, you need to consider that if youre not able to pay your credit balance on time, you will pay 700.00 pesos penalty fee. PhP20. Make sure to process all the requirements for your Security Bank MasterCard and submit them to an official representative. 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. Banks commonly look at the risk levels of providing you with a credit card. For the first year, you will get free AMF waiver. Get up to 5% rebate on toll fees (NLEX and SLEX). Applicable on minimum transaction amount of INR 750. Whenever you use this card, youll earn one point for each 20 pesos you spend. Landbank 5. Always protect your data at all cost. There is no existing regulation which puts a ceiling on fees, charges and interest rates. The main tactics you can use to get more travel rewards is charging everything on your card, most especially those purchases related to travel. While the interest rate is 3.25 percent, you need to have an annual income of 1.3 million pesos. For instance, you need a minimum income of 250,000.00 annually in order to get approved for the card. Any charge thats made in other currencies will be converted to Philippine currency during the billing process. Then go to the nearest Pag-ibig branch with your ID, MID no. For sure, the credit card will offer exclusive discounts and perks for buying a car thats affiliated with the card provider. You can have 3 negotiations per month for free and then 20 per transaction thereafter. Request Money. LBC (except in SM Malls and Sta Lucia Mall) 9. In addition, the BDO World Elite MasterCard is currently the highest by card type and most exclusive that BDO offers in the Philippines. Landbank 8. Easily monitor and track company expenses through the management information report system. The Citi Cashback Credit Card can give you 6 percent rebates when you make purchases on supermarkets and 2 percent when paying Meralco bills. 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. FREE. This is used when making purchases in malls, grocery stores, and other select shops. However, terms may vary depending on the merchant youre transacting with. 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. You get to experience local cuisines from 400+ restaurants across the globe. Improve your credit scores. Since were talking about perks and benefits of using the EastWest Platinum MasterCard, you will also get a comprehensive travel accident and inconvenience insurance for free (worth up to 20 million pesos). This amazing tool can help you manage your purchases wisely. 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. Enjoy free access to select airport lounges. Heres a list of contacts of Philippine banks if you have customer service needs: Check out these customer service hot lines if you have concerns and questions regarding your credit cards. Make easier reimbursement and purchase for your business using the BDO Visa MasterCard Corporate Card. 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. You can also earn rebates, gift certificates, and free treats whenever you shop with this card. The benefits you can enjoy are no spending limit, no expiration membership rewards, and can convert one rewards point to six airline miles. Below is a list of the average range of fees of the 4 major credit card 3. Microsoft pleaded for its deal on the day of the Phase 2 decision last month, but now the gloves are well and truly off. Develop discipline when handling money. The free membership for life when using the EastWest Platinum MasterCard is perhaps the best advantage of this card from all others. Just keep in mind that the rebates are only to be redeemed via Hyundai vouchers. For instance, theres a 3,000.00 pesos annual membership fee for primary cardholders and then 1,500.00 pesos annual membership fee for supplementary cardholders. Reduce credit card purchases and, as much as possible, avoid cash advances. The most important thing to consider when choosing a credit card is the amount of security providers put into their system. Look for better rewards that are in favor of your business expenses. Yes, BSP Circular No. BDO 4. So instead of carrying wallet with cash on your bag, why not just get a credit card? Notifications are made through instantaneous SMS so you will immediately know your approved transactions. Pag-ibig will text you a transaction no. If you dont have any income documents to present when applying for a credit card in the Philippines, there are simple alternatives for you to consider. Before you decide to get a credit card, make sure to understand your current personal financial portfolio. Always pay your credit balances in full so they wont become bigger. The terms of this card are made to provide convenience for jet-setters in the Philippines. One of the benefits of mile points is they are transferable to allow you to tag along your family and friends during your travels. GCash will be charging Php 15 per transfer. Offers instant access to BDO and other ATM banking services, but Blue AMEX is usually linked to BDO. Getting out of debts, especially credit card balances, is easy if you consider planning and having perseverance to achieve your goal. Now if you lost your card or it was stolen, make sure to immediately report it to your card issuer. Effective interest rate per month: 3.5%. BancNet-member Bank and ExpressNet. Security Bank Credit Card Featuresif(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'ofwmoney_org-small-square-2','ezslot_29',833,'0','0'])};__ez_fad_position('div-gpt-ad-ofwmoney_org-small-square-2-0'); When you decide to use UnionBank Gold Visa Card, you can earn 1.5 percent cashback on every purchase you make without any limit. Metrobank 2. The annual fee is free during the first year, and you can use the installment plan in order to optimize your payment flexibility on retail transactions or outstanding balances. Metrobank. Get a free Standard Chartered Prime debit card and enjoy 5% cashback with annual benefits of up to INR 6,000. Get updates through your credit card providers online banking portal in order to get SMS or email of your payment due reminder. Your Mastercard comes with eSecurea feature to set limits for online shopping. 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. However, there are also cons to consider if youre a credit cardholder. Enjoy a lower interest rate of only 3.20% per month so you have more funds for your essential spending. 3 percent of the total withdrawn amount as cash advance charge or 500 pesos. The maximum rebate when using the Security Bank Complete Cash Back MasterCard is 1,000.00 pesos per month. With the cashback feature, you can also earn one rewards point for every 50 pesos spent. Some may not be in favor of using credit card, while others enjoy having it while shopping. As a result, youll pay more than the original amount you owe from your bank. You can find their contact number on your credit card statement or check out their website. Therefore, you also need to know the best choice of Credit Card you can use in the country for the ultimate benefits and features. 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. LBC (except in SM Malls and Sta Lucia Mall) 9. Slowly reduce your debts. 5 percent rebate on apparel and clothing purchases at any international or local retail shop. You need loads of self-discipline, persistence, and good budget plan in order to live debt-free. However, there are effective ways to help you save money from daily spending. Cash Out via GCash App. Its more convenient to bring a credit card than cash. 4 bonus rewards points whenever you spend 20 pesos using the Platinum Visa Card for online and overseas foreign currency transaction. We retain your transaction history for at least 5 years after you closed your account, so you can also request up to 5 years worth of prior transaction history from the date of the request. That way, you can use your card with ease and convenience. and later, theyll text you your Pag-ibig MID no. This method will consolidate your debts on a single card to new card with relatively lower interest rate. With plenty of great perks offered by most credit cards today, its possible to score air miles and travel abroad without paying for your airline ticket. To make a request, you can visit us in store or call us on 0345 08 08 500. The annual membership charge is 5,000.00 for basic cardholders and 2,500.00 for every supplementary card in excess. However, your new credit provider still have to settle your debt obligation with your past lender. However, if you are a new GCash user, you can only transfer up to Php 20,000 per day, but as you use Bank Transfer the limit goes up gradually until a limit of Php 50,000 per day is reached. For cardholder who are into gambling or gaming, they will pay 5 percent service fee every time they make a transaction with gaming establishments. Plus, you have to pay an annual fee of 2,000.00. That way, you can benefit from the rewards that your credit company offers. You can do this by visiting the official website of your card provider and follow their instructions. Cardholders can also take advantage of private sales and special buy events by simply using this card. However, foreigners might still be asked to submit other necessary papers, such as legal status and proof of identity. It has a really impressive design with gold and palladium as the main material. GCash will be charging Php 15 per transfer. Pay your premiums through the nationwide ATM network of Bancnet or Megalink or through their Phone banking services . Applicable on minimum transaction amount of INR 750. This card will give you a 0.2 percent cashback rate, a maximum cashback of 12,000.00 per year. 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). For the first 12 months, you will enjoy the waived annual fee. Withdrawal: PSBank. International transaction fees: 2.5% of the converted sum plus 1% assessment fee of the converted sum charged by Visa/MasterCard to HSBC. To those who have online jobs, here are some tips you can follow when using business credit cards for your home business: 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. You can earn one rewards point for every 50.00 pesos spend. 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. And the perks include purchase protection and travel insurance. The membership fee per year is 3,500.00. Aside from that, membership rewards points can be used in redeeming exquisite items such as shopping gift certificates, gadgets, home appliances, and many more. weve eliminated Metrobanks OFW savings account because although it requires zero initial deposit, it doesnt come with life insurance and a large bank network. You can apply for this card at San Juan and Makati City. All users regardless of verification level can also buy the GCash Mastercard but only semi-verified and verified users can use it. Overspending using your card can be a huge mistake as it can lead to huge debts. Perhaps you want to prioritize daily startup costs in order to launch your new online business. You can activate the Beep feature by paying 50 pesos, and topping up doesnt have any charge. For proof of identification, make sure to present valid IDs with signature and photo. You can go to any branch to apply for this card. Earn rewards points and redeem them for special items. FCAG will assist you by bringing your concerns to the attention of the bank/subsidiary credit card company. Cardholders can also get big-ticket items like jewelries, travel packages, TV sets, and even laptops with the help of their credit card. Some of the shopping privileges include rewards points without expiration and purchase protection. PNB Mabuhay Miles World Mastercard. When it comes to transaction steps and fees, the Platinum Mastercard and other Security Bank credit cards dont have transaction charge in foreign currency. You dont need any maintaining balance or loading fee when using your card. Your credit limit will be 80 percent of your holdout amount. The interest rate is 3.50 percent and cash advance fee is 3.64 percent, inclusive of service charge. To access cardless cash on your mobile you must be registered to use. Getting your Blue AMEX Credit Card through BDO is easy. This Bank of Commerce credit card is made for people who love to shop and buy things. In order for you to get better rewards, its important to consider your spending, goals, hotel or airline specific cards, sign-up bonuses, annual fees, and many others. Today, credit card frauds are growing and continue to spread across the globe. 6. If youre 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. If you want to use this credit card, you can apply online for an easy approval. Charge for cash advance3 percent of the total withdrawn amount or 500.00, plus the current interest charge rate. Maestro and Cirrus ATMs. On the other hand, not paying in full will get you a 5 percent interest charge from your total credit balance. 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. 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. This card is used to send money from or to the US which is a convenient tool for cardholders. Credit cards are convenient payment tools in daily spending, business trips, and online transactions. 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 youre self-employed, 1,000,000.00 pesos annual gross income, landline phone number, and office or residential address near any BDO branch. The annual fee is waived during your first year of using the credit card. Earn one rewards point every time you spend 36 pesos using the Visa Infinite Card, 125.00 for medicine, fuel, and grocery purchases. This is available in any local Globe Business Centers, SSS outlets, and PureGold branches. Made for Filipinos who travel abroad and with OFW dependents, the BPI Family Mastercard is a basic card for international use. And the best is having a priority check-in Counter whenever you fly with PAL at NAIA Terminal 2. From the GCash dashboard, tap Bank Transfer. It offers up to 4 times more bonus points when you make qualified transactions. The Complete Cashback card can give you up to 5 percent cash back with automatic rebates and exclusive promos. 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. However, keep in mind that you will only earn 0.20 percent rebates on Meralco and grocery expenses. With excellent features, you can surely take advantage of this card in managing your business finances. It also allows brand or company logos to be included on the card so that you can achieve your branding needs. 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. You can apply for a PayMaya card even without presenting your income documents, such as ITR, COE, payslips, and others. However, if you decide to pay above the minimum, you still cant use your card. Today, you can stick to your household budget without exceeding your fuel expenses per month. The following are the key benefits of balance transfers: You get absolutely zero percent balance transfer when you choose Security Bank Balance Transfer facility. The annual fee is 2,000.00 pesos for Gold Visa and 1,000.00 pesos for Classic Visa. This is for cardholders who usually make purchases abroad. PhP30. Some of the exclusive offers, perks, and privileges of this card include huge discounts on shopping, dining, traveling, and more. Also, avoid cash advances and balances transfers because they will not give you any rewards. It can also be used in paying bills or commuting via LRT or MRT once the Beep feature is activated. Apply now. SEE Also: List of Legit Ways to Make Money Online in Philippines. All users regardless of verification level can also buy the GCash Mastercard but only semi-verified and verified users can use it. Better cash flow for your business with installment option to pay your supplier. In fact, it helps streamline your spending across business platforms and allows you to enjoy ease of reimbursing and purchasing. 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. With lower interest rate of 2.95 percent per month and zero interest rate on installments, you can easily settle your monthly payment dues. Take note that all users can request money, but only semi-verified and verified users can pay a money request. 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. Maximum Daily Total ATM Withdrawal: P50,000.00: N/A: 7. In the country, you can buy prepaid cards in banks, mobile service providers, and retail locations. No need to wonder where your hard-earned money went by simply looking at your credit report. Whenever you use this card, you get to earn rewards and points while dining or shopping at any Ayala Malls branch. It offers exclusive golf privileges as well as payment options that are convenient for each cardholder. The new card issuer then agrees to settle your debts, and you will pay back the money at a lower monthly interest. The Citi Cash Back card is your best partner in paying electricity bills and buying groceries. The BPI Amore Visa Prepaid is available in Ayala Malls for only 200.00. 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. Also, other purchases you make through this card will get 0.2 percent cashback. On the other hand, theres only one disadvantage that you need to know about EastWest Credit Card and that is the exclusivity for travel use only. BPI 6. 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. Basically, your money is converted into US dollars base on the currency conversion rate of MasterCard. Convenience fees are waived for partner banks while a maximum of 25 will be charged when withdrawing from other banks. In addition, equipping yourself with tools and knowledge is essential in reaching financial freedom. Below are some of the best options when paying your credit balances: For every cardholder, its important to know how to maximize their credit card use. In addition, you will also enjoy an exclusive access to AMEX Selects Program wherein you can get freebies from official partner establishments. With the American Express Gold Card, you can enjoy greater financial flexibility without the worry of overspending the pre-set limit. It all starts with checking your credit reports. From simply shopping using your credit card, you can earn discounts and freebies. Instant payback because youre only dealing with a single bank. 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. PaSend Send cash 24/7 and withdraw at any PSBank or Metrobank ATM. Get up to 2% rebate on your Meralco bill payments done through Citibank Online or Citi One Bill. The maximum cash back you can earn is 1,000 per month. In addition, you can earn points and redeem items using this card. High net-worth people can only avail this card through invitation. For the cash advance charge, 3 percent of the total withdrawn amount will be paid or 500.000, whichever comes higher. Easy processing for reimbursement and purchase to reduce efforts and costs. To access cardless cash on your mobile you must be registered to use. As long as youre 21 years of age or below 65 years old, you can apply for a credit card in the Philippines. Enjoy no annual fees for life when you get your first HSBC Credit Card. Also, they have no fees when making foreign transactions. This case study describes how Oxfam and Visa teamed up to Maintaining balance: P2,000. If you want to get more benefits and perks when shopping, this is the perfect credit card for you. Some credit companies restructure clients balances so that they will only have to deal with fixed amount every month. For those who love shopping, the Bank of the Philippines Island Ayala Malls Amore Platinum Card is the perfect option. You can either avail the brand specific credit card or general purpose credit card to achieve your travel rewards goals. To know more about the AMEX Platinum Card, you can check out their website. US$3.50 + Microsoft pleaded for its deal on the day of the Phase 2 decision last month, but now the gloves are well and truly off. For the shopping privileges, you can earn membership points without the expiration. Shop at ease with affiliated merchants worldwide. Apply online now! So here are the best credit cards you can choose from: The terms of this credit card are organized with professional Filipinos in mind. From the GCash dashboard, tap Bank Transfer. The increasing scale and impact of disaster events call for innovative solutions for a more efficient and effective delivery of cash to affected populations. With 2 percent monthly interest rate, you can enjoy the revolving credit line of the BDO installment card. Also, you will enjoy rewards points and rebates for each transaction you make through Security Bank Fast Track card. All you need to do is spend at least one US dollar or 45.00 pesos using this credit card. Below are the top five credit cards for international travel: 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. Pre-fund expenses for entertainment and travel. The long credit rates of this credit card last up to 53 days. Use your card to fuel up all year round and get a 3% rebate on your credit card bill! Effective interest rate per month: 3.5%. 454 dated 24 September 2004, protects consumers from unfair collection practices. To make a request, you can visit us in store or call us on 0345 08 08 500. 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. I learned a lot about finance after working for a digital marketing company specializing in investing and trading stocks, forex, etc. The features of this cars are almost the same with the gold card. After filling out the form on their website, wait for the confirmation via email or SMS notification. Plus, you will enjoy complimentary appetizer or wine and a discount. Whenever you withdraw money through your GCash account, you will be charged 20 pesos. In order to understand the basics and facts about owning a credit card in the country, well start to define what a credit card is in the following section. In the Philippines, this is computed by the previous balance or average daily balance method. This is a great investment once youre done with your installment. Cardholders also take advantage of more affordable payment terms, higher cash advance, insta-cash and quick bills facilities, balance transfer, and many more. You can apply for this credit card in Quezon City, Manila, and Makati branches. Many companies have toll-free numbers and 24-hour service to deal with such emergencies. The minimum amount due in a credit card statement is the percentage of the amount that you shall pay to the bank. Its expensive to enjoy big-ticket items, especially if youre living a luxury lifestyle. In addition, you can earn up to 1,000.00 rebates every month. If you go over the 1,000.00 rebate limit per month, then youll go back to earning rebates to accumulate a thousand pesos worth of rebates again. In other words, other banks will not easily grant loan applications with bad debt. No installment fee for transactions abroad. Dont just focus on improving your credit scores, make sure to work on reducing your debts as well. Bring you card anywhere in order to earn 1 Krisflyer or Asia Mile for every 50 pesos spend as well as 1 percent cashback on your overseas spend. Just check your limit in order to know how to manage your spending. Whats worse is getting yourself into debt problem without having any idea how this can be resolved as soon as possible. Also, theres no interest rate or any additional fees when you shop from participating merchants in the Philippines. 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. In addition, you also need to provide work, business, or residence address and landline phone to be qualified. Imagine the perks and privileges just by simply becoming a credit card user. To access cardless cash on your mobile you must be registered to use. Another great advantage of this is you can convert it to installment feature and shop more rebate automatically through your account. Apply Today. 5 percent of the total withdrawn money or 500.00 pesos cash advance charge. With the fast-changing world, going cash less is becoming the new trend. But you have to pay a monthly interest rate of 2.95 percent. And until now, many people fear that they will be buried in huge debts if they use a credit card. Get high-value items with your credit card because most of these establishments offer installment plans. Designed with smart data to provide an efficient online system for monitoring expenses, optimizing cost efficiency, and simplifying management processes. The travel privileges this platinum credit card offers are almost the same as the other AMEX cards. Branches you can avail this card are in San Juan, Pasig, Mandaluyong, Makati, and Quezon City. Request Money allows the recipient to take initiative and ask the sender for the amount instead. 5 percent rebate for the first 3 months after acquiring the card. You can have 3 negotiations per month for free and then 20 per transaction thereafter. It also offers installment payment plans and low interest rates which help build better financial flexibility. Other benefits of using your card are earning rewards, cashback, building credit, and protecting against fraud. 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 youll have to pay also. Conduct a thorough research on the best travel rewards cards available and choose which one suits your exact needs. Every month, the interest rate is 2.90 percent along with other special features. Paying it in full will free you from interest charge. However, its important to consider the charges and fees before using this card. Plus, the annual fee is only 1,000.00 and interest rate is 2 percent per month. You can get large purchases insured, and be confident that your purchases are protected from theft, accidental damage, and unlawful transactions. Good thing theres RCBC Bankard Corporate Card that is ideal for representation, office supply purchases, entertainment, and travel. You can even convert straight transactions and cash into installment. Maybank Platinum Mastercard can be used anywhere in the world as there are more than 20 million branches available for cardholders. It may be relatively higher once you credit provider used your previous balance with credit card debts. Over-the-counter Present your premium notice or fill out the corresponding payment slip at any of the following: 1. The branches where you can apply for this credit card are in Mandaluyong, Makati, Pasig, and Quezon City. If you have unpaid or late paid credit balances, you will pay 700.00 pesos as late penalty charge. If youre spending on medicines, you can earn 1 percent rebate because its considered as shopping. This case study describes how Oxfam and Visa teamed up to If you have overdue payments, the late payment charge would be 600.00 pesos or 6 percent of the minimum payment due. 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. 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. With the BDO ShopMore MasterCard, you can earn one point for every 200.00 pesos spent using the card on participating SM Retailers. PhP27.50. The following are effective ways to take advantage of your new credit card: Always know the best ways to take advantage of your credit card privileges and understand the terms and conditions. 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 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. The three major local ATM consortia are BancNet, MegaLink and Expressnet. 1,000.00 pesos annual fee, waived during your first year of using the card. You have to earn an annual income of 500,000.00 pesos for Gold card and 120,000.00 pesos for Classic card. BDO 4. Get a 6% rebate on your first fuel purchase at participating Caltex stations nationwide. US$1 per inquiry. This is a premiere international card for jet-setting Filipinos. Also, you can take advantage of the cash rush feature if you want to make cash advance for emergencies. The cash back program offers discounts on fuel, shopping, dining, utilities, and groceries. The contactless technology sets this card apart from other credit cards available in the Philippines for twenty-somethings. However, if you dont know how the online application process works in the Philippines, you might feel overwhelmed when getting a credit card for the first time. However, if you are a new GCash user, you can only transfer up to Php 20,000 per day, but as you use Bank Transfer the limit goes up gradually until a limit of Php 50,000 per day is reached. For instance, if you earn airline miles faster at 50 pesos spend, you can enjoy 1 percent cashback on overseas spend. 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. You can enjoy cash advance of up to 30 percent when you choose the BPI Family Credit. 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. Requires spending at least P10,000 per month to avail of maximum rebates; P4,500 annual membership fee; Eligibility: P500 or 5% of the cash advance amount per transaction, whichever is higher: Over the Counter Cash Advance Fee: Also known as AmEx Black Card, the American Express Centurion Card is a prestigious card with exclusive privileges and perks. Also, you should have an annual income of 480,000.00 pesos before you get approved for your credit card application. Consider restructuring. Allows withdrawals via ATM? Cardless cash: Get Cash is available on eligible Westpac transaction accounts with a linked debit card. For instance, you can earn cash rebates every month from 0.20 percent to 6 percent. The best way to get more benefits is to use this card when paying electricity bills and buying groceries. Just make sure to submit all the necessary requirements and details needed. 3 percent cash advance charge for the total withdrawn amount. Apply Today, While earning rewards points when you use the Metrobank M Lite MasterCard, you are guaranteed with secure shopping online. Travel hacking dont hurt credit scores. Enjoy no annual fees for life when you get your first HSBC Credit Card. 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. 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? However, there are times when its hard to handle them simply because you dont have enough money. You hotel loyalty points can also be converted into complimentary stays. 3,000 pesos annual fee, waived during your first year of using the card. Delivering aid to a large, displaced population provides challenges for governments, the private sector and aid organizations in the aftermath of any humanitarian crisis. The main advantage is that, you dont need to carry money from your wallet in order to manage payments. So why is it a smart choice for people to choose the BDO World Elite Mastercard? Request Money. Essentially your total amount due in your credit card is the amount you have totally used and liable to pay to your bank. The card that gives you financial flexibility and accessible cash for your every need.Maximum Cash Availment: P995,000.00. Plus, earn 1 air mile for every PHP34 spend on online purchases (Asia Miles/KrisFlyer Miles). Plus, you will enjoy some exclusive privileges that will increase your business earnings. 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. When you use it with Mabuhay Miles, you can get great discounts on your airline tickets. With the Unionbank Platinum MasterCard, you can enjoy a cashback rate of 1.50 percent on your purchases. PSBank 3. 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. Allows withdrawals via ATM? 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. 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