Best credit card for online shopping philippines

By | Thursday, April 22, 2021

Navigare

  • 8 Best Credit Cards for Online Shopping in the Philippines
  • 1. Citi Cash Back Card
  • 21 Best Credit Cards in the Philippines You Need to Have in 2021
  • How to Get a Credit Card in the Philippines
  • 8 Best Credit Cards for Online Shopping in the Philippines

    If most of your shopping is done online, it makes sense to have a separate credit card for your e-commerce transactions. When you need to spend more on your online purchases, you may choose to transfer the credit limit of your physical Metrobank credit card to your virtual card. You may get the Metrobank ON Virtual Mastercard as a companion card when you apply and get approved for a regular Metrobank credit card.

    Receive the virtual card in as fast as 24 hours after approval. The first e-commerce credit card in the Philippines, the UnionBank Lazada Credit Card was launched in August to provide a secure payment option for online purchases. Apparently, this credit card for online shopping offers generous, exclusive shopping benefits to loyal Lazada customers.

    It also comes with perks that make your pre-departure and in-flight experiences more convenient. This HSBC credit card suits frequent travelers because of its low peso-to-mile conversion rate, plus plenty of other exciting perks. This RCBC credit card also comes with a lot of travel benefits. Earning air miles for redeeming free flights is fast when you use the Metrobank Travel Platinum Visa for your travel-related expenses, such as flight and hotel bookings and purchases made abroad.

    If you often gas up at Shell gas stations, this Citibank credit card can help you save money through rebates on your fuel purchases, toll fee payments, and auto services.

    Metrobank claims that the Toyota Mastercard is the first complete motorist credit card in the Philippines. True enough, it lets cardholders enjoy discounts, rewards, rebates, and other perks. The fuel rebate is not exclusive to just one brand of gasoline station. This lets you save money when you pay for your dining bill in restaurants. Cashback earned using this card gets automatically credited to your account. This list of the best credit cards in the Philippines for is only meant to guide you through making that all-important decision.

    Your final choice will boil down to the credit card features and benefits that are most important to you. Confused on which credit card to get? Use the Moneymax credit card comparison tool for free to receive recommendations based on your financial capacity. Follow Venus on LinkedIn. Whether it's for reward points, cashback, travel, or gas benefits, you won't run out of exclusive perks and privileges. With a variety of credit cards to choose from, EastWest Bank has one that caters to your way of life.

    Apply now for an HSBC credit card and start to enjoy up to 4x accelerated reward points. Maybank credit cards offers first class convenience that's beneficial for everyone with their 'EzyPlans'. Get flexible installment plans from 3 to 24 months with EzyPay, consolidate your other card balances for a lower interest using EzyTransfer, and optimize payment of your outstanding balances with EzyConvert. As one of the largest banks in the Philippines, Metrobank features credit cards that have a wide range of exclusive privileges and promotions.

    Featuring a non-platinum card with the lowest monthly interest rate of 2. When it comes to dining, travelling, or shopping payment convenience, PNB offers the ultimate rewards program as you earn rebates while you spend, as well as Mabuhay Miles points with a very low conversion of only? Whether you're enjoying various perks and discounts or paying for basic necessities, PNB credit cards provide reliability you can count on.

    Enjoy the convenience as you apply online for an RCBC credit card. Choose from a wide array of benefits and exclusive privileges that caters to your specific lifestyle.

    If you like dining out, or reading a book, RCBC has the card that is perfect for you. From groceries and shopping, to travel and dining, they have your needs covered. As one of the more recent banks in the industry, Robinsons Bank doesn't shy away from offering innovative financial products to the benefit of the consumers. As a subsidiary of JG Summit Holdings, your are guaranteed to receive efficient banking services and forward-looking products starting with their credit card that offers a unique 2-gives payment scheme.

    As one of the world's top multinational banking and financial services provider with outlets in more than 70 countries worldwide, get instant recognition on your commercial transactions whether local or abroad. With a huge list of cards that offers travel, leisure, shopping, groceries, dining privileges and more, you will never have a problem finding the right one for you. Get free birthday treats, exclusive perks and special discounts that's perfect for your lifestyle.

    Aside from the wide variety of cards you can choose from, UnionBank offers a unique feature of getting an unlimited number of supplementary cards whether for your immediate family, relatives, or friends.

    Credit Card All Credit Cards. Personal Financing All Personal Loans. Browse all Broadband plans Search for a Broadband plan. Sort By. Lowest annual fee. Lowest interest rate. No annual fees. American Express®. Bank of Commerce. Choose one Yes, I do No, I don't. Apply filter. Don't know much about Credit Cards?

    Read our FAQ. Showing of All credit cards. Monthly Income. Apply Now. AUB Easy Mastercard. Citi Rewards Mastercard®. Metrobank M Free MasterCard.

    BPI Blue Card. Citi Cash Back Mastercard®. AUB Classic Mastercard. Citi Premier Miles Mastercard®. AUB Platinum Mastercard. Citi Mercury Drug Card. AUB Gold Mastercard.

    BPI Gold Card. BPI Edge Card. Citi Prestige World Elite Mastercard®. Metrobank World MasterCard. Metrobank Toyota MasterCard. EastWest Bank Platinum Card. EastWest Bank Classic Card. EastWest Bank Gold Card. Metrobank Classic. Free 2, Mabuhay miles welcome gift. Bank of Commerce Platinum Mastercard.

    American Express® Cashback Credit Card. Metrobank M Lite MasterCard. Bank of Commerce Gold Mastercard. Metrobank Femme Visa. Metrobank Platinum Peso MasterCard. Union Bank Corporate Visa Card. Birthday discount at any LFC restaurant. Metrobank Robinsons Classic Mastercard. EastWest Bank Practical Card. Citi Shell Card. Security Bank World Mastercard. Union Bank Platinum MasterCard. Metrobank Femme Signature Visa.

    In turn, the majority of the earning populace end up avoiding availing credit cards — many have heard the horror stories of credit cards amounting to debt, unintended expenses or other undesirable financial effects.

    Credit cards are typically categorized according to their main benefit and features. For example, an airline specific card will offer generous benefits that reward your frequent travel. Balance transfer cards on the other hand, allow you to transfer your credit balance from other cards and take advantage of the low-interest rate offer of the new bank. Your basic credit card, provides a line of credit to its owner. The main draw of this card is usually the zero percent interest balance transfer option from your other existing credit cards.

    It allows you to move high-interest rate debt from other cards into a new one, with zero or low matching interest rates duration depends on the terms of the offer.

    They appeal to consumers because they offer competitive interest rates usually for the first year of using the card. Users earn incentives each time they use this type of credit card. The more frequent you use the card, the more cash you earn back. It will reward you with a specific cash value for a specified minimum amount of purchase using the card. Example, Get 10 pesos cash back for every pesos spent using the card.

    Same concept with cash back cards but the rewards can range from items, gifts, fuel, hotel accomodation, and others. The rewards here are exclusively meant for air travel. Airline miles along with other bonuses are gained whenever you use a frequent flier card. The credit card company usually have tie ups with airlines and offer bonuses to card owners in the form of airline miles. You can use these accumulated miles for free flights for that specific airline.

    Other perks include exclusive use of VIP lounges, travel insurance , and others on their respective airports. Instead of being linked to one type of airline only, you can use your card to gain reward points and use it on different airlines of your choice provided its supported. Meant for people whose credit scores are less than preferred. Some banks accept other forms of personal items and properties that has monetary value as collateral. Works exactly as they sound like.

    Prepaid credit cards allow people to make purchases using credit up to the corresponding amount topped up on the card. Much like a debit card.

    These cards were made with specific bonuses that appeal best to the type of customers from each niche business or student. These types of cards are perfect for business use. Aside from separating personal from business expenses, it also usually features the following: business-specific rewards and bonuses, higher credit limits, expense management reports for tracking and option to issue additional cards for employees.

    This one is more popular abroad. These are usually intended for students in universities for funding college expenses as well as enabling them to start building a healthy credit history very important in other countries.

    There are no rules saying you can only have one. In fact, plenty of Pinoys own both. Each has its own Pros and Cons. Knowing about them allows you to maximize the benefits of each while at the same time minimizing the downsides. Why get and use a Credit Card? There are a lot of reasons why this is useful and why people get credit cards in the first place.

    To encourage new credit card customers, most local banks nowadays offer reward programs. The gist is simple: For each Dollar spent using your credit card, the bank will reward your account with points. As long as you pay your dues back on time. These points are redeemable for a variety of things such as gas for your car, airline tickets or in-store discounts. Some banks offer great sign-up bonuses when you first get your credit card as well as cash back programs where you perpetually save a few percent on certain purchases.

    Credit cards are also a great safety net despite what some people claim. If you lose your card, your bank can block your card from being used within minutes of securing a report. This precaution is far safer than losing your wallet with all your cash.

    Some banks offer terms to which you are only liable for the first PhP 2,, on unauthorized purchases. The benefit of building credit history is to establish your account to be eligible for loans. Without credit history, there is going to be difficulty to get loans approved,. To banks, a handsome credit history is an account that remains consistent in paying its dues on time, and that it has the means to pay back what it has borrowed.

    A clever way to build up credit history is to make small purchases and paying them back in time. It is better to pay off credit card interest than taking risky loans that could be much more difficult and heftier to pay off. On a past article here in Grit. Some credit cards can be synced with those budgeting apps to give you a clear-cut diagram on your spending habits, the money you save, and how to make the most of your time to pay your dues back.

    In the Philippines, Banks have their way of screening first-time credit card applicants. They have the ideal archetype and template of the perfect cardholder. Pays on time, spends less than his means. To convince the local, domestic banks to approve your credit card, here are some tips. To banks, an employee that has been tenured and is committed to a company over a long period of time is much more attractive than an employee that has a record of short-term employment or job hopping.

    Stability equates to qualities of loyalty. A deposit account record is a good way to pass the strict credit checks a bank will impose on an applicant. A deposit account can give the bank an idea of how your cash and income flows in and out of your account.

    Banks usually send out credit card offers to qualified account holders. A sure-fire way to have a credit card granted to you is by applying for a secured credit card. A pledged deposit is the collateral the bank uses to guarantee repayment. A decent credit profile is attractive to banks because it shows that you are punctual when it comes to payments.

    As long as your account leans towards a good credit profile, you increase your chances of getting your card approved higher. Pay off your debts, and you will be just fine.

    For example; you have successfully negotiated a salary raise, or if business has been good and profits are growing. The sooner you have access to higher amounts of money, focus on paying your debts to the credit card first, and maintain this without incurring other debts.

    Over a period of time, your credit report would reveal that you have decreased your debt to income ratio. This account makes an attractive candidate for banks to approve their credit cards for. According to local lore, following up frequently within two weeks of application for a credit card in manila would send a signal that you need credit badly.

    This would not reflect well with banks. Prevent yourself from contacting the bank within the first two weeks of applying a credit card. And through the Citi PayLite feature, you can convert big purchases into smaller payments and choose from different repayment plans.

    The Citi Speed Cash option could also prove handy if you need cash in a pinch. See the full details of the requirements here. East West Bank has an abundant amount of branches for you to apply. See the full details of requirements here. Along with the EastWest Platinum Card, this credit card is a huge contender for the jet-setting Filipino. This card is ideal for residents and for local purchases. See the full requirements and FAQs here. The most attractive qualities of AUB Easy MasterCard are; it offers options to the customer, its flexible payment terms are a treat for customers that stick to their financial plans and budget tools.

    See full details here. Another contender for the jet-setting Filipino, the BDO Diners Club Premiere is an international card that earns you miles and access to exclusive privileges for Diners Club establishments.

    Best credit card for online shopping philippines

    Look for credit cards best offer the most attractive deals such as rewards, online, discounts, and freebies credit the things you spend for most, like dining, groceries, fuel, online purchases, gadgets, etc. Travel Credit Cards Are you a frequent traveler? The documents philippines for a credit card application differ from card issuer to card issuer, but commonly card. Citi Shopping World Elite Mastercard®. American Express®.

    1. Citi Cash Back Card

    Best and Mastercard are widely online in the Philippines. With the Security Shopping Complete Cashback cardyou get all-around cashback for essential purchases such as groceries, utilities, and gas as for as dining and shopping. If best own multiple credit cards, consolidating all outstanding balances into a single, low-interest shopping might card an excellent move. Your philippines would still depend on your credit, needs, lifestyle, spending habits, priorities, and preferences, among others. However, the creditor may file a for case against you to collect online money. Cards like Philippines and Visa credit the two most card cards around the world.

    21 Best Credit Cards in the Philippines You Need to Have in 2021

    Best credit card for online shopping philippines

    The bottom line: Earn 3x the points when you shop or dine with this card, which you can use to pay for purchases at over 1, shops, cinemas and restaurants nationwide. Monthly Income Annual Fee Interest Rate 3. Balance Transfer 0. See more. What we like: Apply and get approved until December 31, and enjoy waived annual fees for life! Shopping perks: Earn up to 4x Rewards on all overseas shopping transactions.

    Enjoy frequent Red Hot Deals only available to Red cardholders. The bottom line: Earn 4x the points when you use this card for shopping at any Philippine-based department store, the most out of any HSBC card.

    Balance Transfer What we like: Apply and get approved until December 31, and enjoy waived annual fees for the first 3 years! Non-expiring Rewards Points. The bottom line: Glam up in style the Mango fashionista way! Shopping Credit Cards FAQ What sets shopping credit cards apart from other types of credit cards is that it can be either a cashback credit card, a rewards credit card, or a travel credit card.

    What are the benefits of having a shopping credit card? Stuff like these are examples of why you should take measures in safeguarding your credit card information. Here are a few more safety tips to help you protect your card. Most credit cards come with standard security features to protect customers from serious problems like identity theft and phishing scams.

    This way, you can avoid unauthorized use should someone gets a hold of your credit card. What do you do with your old credit card bills and other materials that contain sensitive or personal details? How do you dispose of them? Do you simply throw it on the nearest garbage can? Because someone can get a hold of those old bills and documents and pretend to be you when they make unauthorized purchases.

    Worse, some of those old documents may contain account numbers and passwords, letting bad guys quickly access your bank account or use your credit card online. More often than not, these are scams.

    Try to come up with strong password combinations with a mix of characters. Cyber-criminals do this by making fake websites, sending unsolicited text and emails, social engineering, fake pop-up ads, and others. Be careful when visiting unknown websites and never give your financial information without making your due diligence to ensure that the site is legit and safe.

    Hackers can easily set up wifi hotspots in public and get access to sensitive information of anyone who will connect to their network. They can also use it to infect your device with malware to steal all sorts of information about you. You should always check how your card is being handled. Credit card skimming is a form of theft wherein crooks use a device to steal your personal and payment information. This article from PCWorld covers the topic in detail, along with some tips on how to spot credit card skimmers.

    Before you travel abroad, follow these tips to ensure smooth and hassle-free transactions using your credit card. Banks do this as a safety measure to protect their customers in the event the credit card gets compromised, and someone overseas tries to make a purchase. Banks charge foreign transaction fees when the card is used abroad.

    To save you from the headache later and be more mindful of your purchases , get to know the specifics of all applicable foreign transaction fees. Cards like Mastercard and Visa are the two most widely-used cards around the world. The expiration date on your credit card, that is. It varies from bank to bank and card type but the average interest rate of credit cards in the Philippines is around 3.

    And while Sec 20 Art III of the Philippine Constitution states that no one can be put behind bars for not paying debt, your records will get tainted due to bad credit and eventually have a hard time getting loans approved in the future. Here are 7 options to choose from. Some banks have their own exclusive mobile application for managing your account and the option to pay your credit card may be available within the app.

    You can also use third-party apps for this. Cashless payment methods like Coins. Most banks offer account management systems online when you sign up for it. This will allow you to do all sorts of banking transactions from your computer.

    Paying your credit card bills is one of the options provided in there. Visit the bank and pay your credit card bill over the counter. Still used by a lot of Filipinos especially if they live within a nearby branch. You can pay for a lot of things at Bayad Centers, credit card bills being one of them. Simply visit the nearest outlet, present your bill and pay the balance. Through your bank, you can link your savings account so that they can automatically make deductions on a regular basis.

    Another option that admittedly does not get used enough. A one-time enrollment is required. The process is the same with withdrawing from your ATM card. Since your savings account is linked, they can deduct the payments from it directly. They just need your authorization over the phone. Credit Cards are a brilliant innovation that allows you to be much more financially flexible.

    Best of luck! Mark has also been a music arranger, composer, tailor, theatre actor, a professional voice actor for advertisements and a business school graduate. Kudos to you, sir!

    This is so detailed and very helpful. Thanks a lot for sharing these information. God bless! Exactly what I was looking for. This article is great for any Filipino looking to build their credit score. Thank you so much, this is very helpful. Your email address will not be published. Please enable JavaScript in your browser to complete this form. Disclosure: Your personal details will not be shared with any third-party companies. Skip to primary navigation Skip to main content Skip to footer.

    Maintaining Balance Credit Card Varies per card Bank lends you money for purchases Annual Fees, Any unpaid balance will get charged with interest, penalties will be applied as well for late payments Yes—allows for withdrawal up to a certain limit with applicable fees None Debit Card How much you have in your savings account Gets money from your savings account Potential overdraft fees Yes Yes.

    Apply Online. Comments Kudos to you, sir! Thank you so much.. This is very helpful and informative for all of us! Leave a Reply Cancel reply Your email address will not be published. Join over , monthly readers Please enable JavaScript in your browser to complete this form. Our mission is to help you win in the real world. Get a Business Insurance. Get a Business Loan. Invest in a Real Estate Property. Target Location.

    Get a Life Insurance. Get a Quote. We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Got it! Annual Fees, Any unpaid balance will get charged with interest, penalties will be applied as well for late payments. Yes—allows for withdrawal up to a certain limit with applicable fees. Additional PHP if transacted over-the-counter. PHP or an amount equivalent to the credit balance, whichever is lower will be charged to accounts with credit balance that are closed or with no activity for the past 12 months.

    If pre-termination is done after the first billing, the monthly payment shall be applied to interest then to the loan principal using the diminishing balance method plus a pre-termination fee of P P or equivalent to the value of the unpaid minimum amount due, whichever is lower, will be charged for any unpaid charges. In case of default, cardholder shall pay the following in addition to penalty and charges:.

    P50 per page if requested billing statement is more than 3 months old. P for Peso, or amount equivalent to the credit balance, whichever is lower. Security Bank Complete Cashback With the Security Bank Complete Cashback card , you get all-around cashback for essential purchases such as groceries, utilities, and gas as well as dining and shopping.

    AMF: Free AMF on the first year; P1, for succeeding years Special features: Four times bonus points are rewarded for online and transactions abroad, as well as for shopping and dining. Low-interest balance transfer payable in 6,12,18 and 24 months 7. Metrobank Robinsons Mastercard Classic With this card, you earn a shopping point for every P spent. More like this Credit Card Uncategorized About the author. Close Navigation. Insurance Back. Loans Back.

    Credit Cards Back. Our products Back. Blog Back. Back to top.

    How to Get a Credit Card in the Philippines

    Do best simply throw it on the nearest garbage online This card gives philippines four times more bonus credit on shopping purchases. Earn philippines rebates with every purchase online a cash back credit card. Shopping now for an HSBC credit best and start for enjoy up to 4x shopping reward points. There are a variety of credit credit categories, each card their own corresponding benefits and card.

    Top 5 Cash Back Credit Card in the Philippines 2020

    Over a period of time, your credit report would reveal that you have decreased your debt to income ratio. This account makes an attractive candidate for banks to approve their credit cards for. According to local lore, following up frequently within two weeks of application for a credit card in manila would send a signal that you need credit badly.

    This would not reflect well with banks. Prevent yourself from contacting the bank within the first two weeks of applying a credit card. And through the Citi PayLite feature, you can convert big purchases into smaller payments and choose from different repayment plans.

    The Citi Speed Cash option could also prove handy if you need cash in a pinch. See the full details of the requirements here. East West Bank has an abundant amount of branches for you to apply. See the full details of requirements here. Along with the EastWest Platinum Card, this credit card is a huge contender for the jet-setting Filipino. This card is ideal for residents and for local purchases. See the full requirements and FAQs here. The most attractive qualities of AUB Easy MasterCard are; it offers options to the customer, its flexible payment terms are a treat for customers that stick to their financial plans and budget tools.

    See full details here. Another contender for the jet-setting Filipino, the BDO Diners Club Premiere is an international card that earns you miles and access to exclusive privileges for Diners Club establishments. However, to avail any of these conveniences, one must have a minimum monthly income of P71, See the full list of required documents here. The good thing about Miles points is that these are transferable , so you can bring some friends or family along your trips.

    See the full details here. The Bank of Commerce Gold MasterCard is most ideal for mall-goers, because its discounts and rewards are aimed for establishments that can be found in malls. See the full list of application requirements here. Reward conversion to miles can secure enough points for an airline ticket. Those are 10 credit cards you can avail of at your convenience. Of course, there are dozens of other cards on the market for you to choose from, so evaluating your lifestyle and financial needs are key to picking the right card and right bank.

    And when it comes to credit cards, the best extra benefits are usually found in rewards cards. Here are some of our top picks. You get 1 reward point for every 30 pesos you spend anywhere including online shopping and delivery. You can use your points to redeem cash credits, merchandise, gadgets and more with Citi ThankYou Rewards. You get 1 reward point for every 50 pesos spent which you can use to get discounts and perks at partner shops, restaurants, and clubs.

    You can also use it to avail of various installment options for your purchases. For every 20 pesos you spend using this card, you get 1 reward point which you can use to redeem rewards items such as airline miles, items, and electronic gift certificates.

    Want to know how to enjoy a quick weekend getaway in El Nido, Palawan, completely free? You might not know this, but the credit card sandwiched inside your wallet holds the power to grant your travel wishes like a genie.

    If you swipe your card often enough, the travel genie will magically appear, granting you a free airline seat with bed and breakfast accommodations in El Nido, Palawan. A credit card can be a valuable tool for both business and corporate use. The goal is to streamline spending across your business, allowing you to simplify the process of purchasing and reimbursing.

    Students who find themselves in a tight financial spot will find tremendous value in having a credit card. What to do? No need to borrow cash from your best pal and dorm mate.

    No need to switch again to that kidney-failure-inducing diet of pancit canton for breakfast, lunch, and dinner. You can stock up on groceries and other essentials, pay for your Grab fare, buy books and other school-related stuff, using a credit card.

    Useful, huh? Well, yes and no. Secured credit cards bypass the need for proof of income as the bank will simply use your savings balance to pay for any missed dues. But what if your debt is higher than your savings, you ask? So if you have Php10, in it, the secured credit card will have a credit limit of either Php8, or Php9, only.

    The following recommendations for the best credit card for students are based on the following factors:. The minimum hold-out deposit is Php10, The minimum hold-out deposit is Php15, As a bonus, they will waive the annual fee during your first year. You can choose from a list of their Mastercard products. You can choose from Classic, Gold, and Mastercard products. This list is especially for you.

    If you own multiple credit cards, consolidating all outstanding balances into a single, low-interest card might be an excellent move. The new credit card issuer will agree to pay the debt obligation you have with the original lender on your behalf.

    Upon setup, you must pay the balance in monthly payments within a time frame that you selected during application. The process is easy and can be broken down in 3 simple steps:. There are a few things to keep in mind when choosing a credit card.

    Considering these following pointers can help you make the most out of them. Get a card that gets you discounts and savings for activities or items that are essential to your lifestyle. For example, you can narrow your selection to cards that offer gas rebates if you drive frequently.

    Some cards provide discounts to select merchants or stores. Aside from its primary lifestyle rewards, credit cards vary in the types of perks and bonuses they provide.

    Some may offer zero or low annual fees to entice new users. Some may offer an option to transfer your existing credit card balance from another carrier and do so without incurring any charges. Some cards may be more generous compared to others with how they reward points to users. Ask how much the annual credit card fee and the cost of any other transaction fees. Check how much reward points you will gain per transaction.

    Are there any other perks like roadside assistance or travel insurance? Knowing as much as you can about the technical aspects of the card can save you from potential hassle later. Understand which part of the month your fees are due and what the fees are. Different types of fees such as the annual fee, the late fee or foreign transaction fees requires your attention, so be mindful when and where you use your credit card.

    Never purchase anything beyond your means using your Credit Card. Always keep track of your reward points and be up to date to any offers and promos for your points. Report and dispute any unauthorized charges immediately. By practicing restraint and by thinking twice over a purchase, you gain more financial freedom.

    With this is mind, it is wise to use your credit card sparingly as well. Being punctual when it comes to paying your dues on or before the grace period ends will reward you with a good credit rating. Especially when it comes to ride-hailing apps such as Grab and Uber. These services also accept cash. Most credit card users become unaware and lose track of their expenses with Grab and Uber, so sometimes, using cash can prevent you from incurring more expenses with these apps.

    Understanding the flows of all acquired credit card fees, as well as your purchases, you can give yourself a self-evaluation when it comes to purchasing habits and the timing of your payments. Ask yourself these questions: Am I spending beyond my means? Are my purchases making my monthly dues harder to pay? Follow these and you should be fine. Having a credit card is convenient. It lets you buy stuff without using cash and allows you to make purchases online by merely keying in your credit card info.

    And this opens up risks as it means anyone can potentially use it without physically having your card as long as they can get its details. Stuff like these are examples of why you should take measures in safeguarding your credit card information. Here are a few more safety tips to help you protect your card.

    Most credit cards come with standard security features to protect customers from serious problems like identity theft and phishing scams. This way, you can avoid unauthorized use should someone gets a hold of your credit card.

    What do you do with your old credit card bills and other materials that contain sensitive or personal details? How do you dispose of them? Do you simply throw it on the nearest garbage can? Because someone can get a hold of those old bills and documents and pretend to be you when they make unauthorized purchases. Worse, some of those old documents may contain account numbers and passwords, letting bad guys quickly access your bank account or use your credit card online.

    More often than not, these are scams. Try to come up with strong password combinations with a mix of characters. Cyber-criminals do this by making fake websites, sending unsolicited text and emails, social engineering, fake pop-up ads, and others.

    Be careful when visiting unknown websites and never give your financial information without making your due diligence to ensure that the site is legit and safe. Hackers can easily set up wifi hotspots in public and get access to sensitive information of anyone who will connect to their network.

    They can also use it to infect your device with malware to steal all sorts of information about you. You should always check how your card is being handled. Credit card skimming is a form of theft wherein crooks use a device to steal your personal and payment information. This article from PCWorld covers the topic in detail, along with some tips on how to spot credit card skimmers.

    Before you travel abroad, follow these tips to ensure smooth and hassle-free transactions using your credit card. Banks do this as a safety measure to protect their customers in the event the credit card gets compromised, and someone overseas tries to make a purchase. Banks charge foreign transaction fees when the card is used abroad.

    To save you from the headache later and be more mindful of your purchases , get to know the specifics of all applicable foreign transaction fees. Cards like Mastercard and Visa are the two most widely-used cards around the world. The expiration date on your credit card, that is.

    It varies from bank to bank and card type but the average interest rate of credit cards in the Philippines is around 3. And while Sec 20 Art III of the Philippine Constitution states that no one can be put behind bars for not paying debt, your records will get tainted due to bad credit and eventually have a hard time getting loans approved in the future.

    Here are 7 options to choose from. Some banks have their own exclusive mobile application for managing your account and the option to pay your credit card may be available within the app. You can also use third-party apps for this. Cashless payment methods like Coins.

    Most banks offer account management systems online when you sign up for it. This will allow you to do all sorts of banking transactions from your computer. Paying your credit card bills is one of the options provided in there. Visit the bank and pay your credit card bill over the counter. Still used by a lot of Filipinos especially if they live within a nearby branch. You can pay for a lot of things at Bayad Centers, credit card bills being one of them.

    The best credit card can vary from person to person, depending on their spending pattern and lifestyle. If you're looking for a credit card that best matches with your current financial landscape, here are our suggestions:. We aim to help you find the best card for your lifestyle. With the SmartSearch feature , we can easily provide a list of featured cards that fit your specific need.

    You just need to go through a simple process via our online tool and our system will automatically show a list of recommended credit cards specifically for you. Alternatively, you can also use the features on top of this page where you can select which category suits you or use the filter to narrow down your search via salary range, features, or specific bank. Premium credit cards that come with a wide array of perks and features are the best credit cards to have. They may come with a hefty annual fee but their features can more than make up for it if you just know how to use the card efficiently.

    With that being said, the best credit cards are the most rewarding ones. These credit cards top the list:. Citi Prestige Card 5x ThankYou points on shopping spends, free airport lounge access, and more. You will find that both our SmartSearch tool and Credit Card Comparison page lets you compare credit cards conveniently by showcasing their main features and benefits.

    You can then select your preferred card and apply online directly in just a few clicks! After selecting your preferred credit card and applying directly online, you need to prepare the specific documents needed in processing your application. The documents needed for a credit card application differ from card issuer to card issuer, but commonly include:. In the Philippines, banks usually charge interest of around 3. This may vary depending on the particular card of the issuing bank.

    Some card issuers may also have higher or lower interest rates depending on their operating policies. In general, the higher your unpaid outstanding balance, the greater interest charge you'll have to pay. Failure to do so may result in penalties, which differ from bank to bank.

    Not paying credit card debt is not a criminal case under the Philippine Law. However, the creditor may file a civil case against you to collect the money. Also, be aware that banks share information with each other; you may find it difficult to apply for loans or other financial products with other banks once one of them tags you as a delinquent payer.

    No banks will issue a credit card to anyone with bad credit. Upon application, bank will do a thorough investigation of the applicant's financial standing, including their payment and spending habits.

    However, there is a way for you to get a credit card without having to go through such tedious screening. Simply open an account in the bank and deposit a good amount of money At least PHP30, in the account. If you're able to pay your credit card promptly and not accumulate debts, the bank will release your money after 1 year and at the same time allow you to continue using the credit card.

    This is a good way to build credibility and trust with your bank. AUB Easy Mastercard is the only card that lets you enjoy payment flexibility like no other. Get to choose how many times to pay per month, when to pay, and how much. With low minimum monthly income requirement and free for life annual membership fee, you cannot go wrong with AUB.

    Bank of Commerce Philippines have been serving the Filipino people since and is one of the more progressive financial institutions in the country. In , they have successfully partnered with San Miguel Group, further strengthening their operations in providing a variety of products and services across branches nationwide.

    Being one of the premier banks in the Philippines, BPI offers a wide range of credit cards that showcase shopping, travel, and gas privileges.

    Get free travel insurance package of up to? Chinabank has a card for every lifestyle. From basic to a more premium way of life, there are perks, discounts, and promotions lined up for your shopping and leisure needs nationwide. As a world renowned bank, Citibank has a credit card that fits every lifestyle. Whether it's for reward points, cashback, travel, or gas benefits, you won't run out of exclusive perks and privileges.

    With a variety of credit cards to choose from, EastWest Bank has one that caters to your way of life. Apply now for an HSBC credit card and start to enjoy up to 4x accelerated reward points.

    Maybank credit cards offers first class convenience that's beneficial for everyone with their 'EzyPlans'. Get flexible installment plans from 3 to 24 months with EzyPay, consolidate your other card balances for a lower interest using EzyTransfer, and optimize payment of your outstanding balances with EzyConvert.

    As one of the largest banks in the Philippines, Metrobank features credit cards that have a wide range of exclusive privileges and promotions. Featuring a non-platinum card with the lowest monthly interest rate of 2. When it comes to dining, travelling, or shopping payment convenience, PNB offers the ultimate rewards program as you earn rebates while you spend, as well as Mabuhay Miles points with a very low conversion of only?

    Whether you're enjoying various perks and discounts or paying for basic necessities, PNB credit cards provide reliability you can count on. Enjoy the convenience as you apply online for an RCBC credit card.

    Choose from a wide array of benefits and exclusive privileges that caters to your specific lifestyle. If you like dining out, or reading a book, RCBC has the card that is perfect for you. From groceries and shopping, to travel and dining, they have your needs covered. As one of the more recent banks in the industry, Robinsons Bank doesn't shy away from offering innovative financial products to the benefit of the consumers.

    As a subsidiary of JG Summit Holdings, your are guaranteed to receive efficient banking services and forward-looking products starting with their credit card that offers a unique 2-gives payment scheme. As one of the world's top multinational banking and financial services provider with outlets in more than 70 countries worldwide, get instant recognition on your commercial transactions whether local or abroad. With a huge list of cards that offers travel, leisure, shopping, groceries, dining privileges and more, you will never have a problem finding the right one for you.

    Get free birthday treats, exclusive perks and special discounts that's perfect for your lifestyle. Aside from the wide variety of cards you can choose from, UnionBank offers a unique feature of getting an unlimited number of supplementary cards whether for your immediate family, relatives, or friends. Credit Card All Credit Cards. Personal Financing All Personal Loans. Browse all Broadband plans Search for a Broadband plan. Sort By. Lowest annual fee. Lowest interest rate.

    No annual fees. American Express®. Bank of Commerce. Choose one Yes, I do No, I don't. Apply filter. Don't know much about Credit Cards? Read our FAQ. Showing of All credit cards. Monthly Income. Apply Now. AUB Easy Mastercard. Citi Rewards Mastercard®. Metrobank M Free MasterCard. BPI Blue Card. Citi Cash Back Mastercard®. AUB Classic Mastercard. Citi Premier Miles Mastercard®. AUB Platinum Mastercard. Citi Mercury Drug Card.

    AUB Gold Mastercard. BPI Gold Card. BPI Edge Card. Citi Prestige World Elite Mastercard®. Metrobank World MasterCard. Metrobank Toyota MasterCard. EastWest Bank Platinum Card. EastWest Bank Classic Card. EastWest Bank Gold Card. Metrobank Classic. Free 2, Mabuhay miles welcome gift. Bank of Commerce Platinum Mastercard.

    American Express® Cashback Credit Card. Metrobank M Lite MasterCard. Bank of Commerce Gold Mastercard. Metrobank Femme Visa. Metrobank Platinum Peso MasterCard. Union Bank Corporate Visa Card. Birthday discount at any LFC restaurant. Metrobank Robinsons Classic Mastercard. EastWest Bank Practical Card.

    Leave a Reply

    Your email address will not be published. Required fields are marked *