Based on my two most recent Metrobank credit card balance transfers, it takes 10 to 16 days. This is from the time I accepted a Metrobank’s balance transfer offer over the phone to the time the amount was posted as payment in my BPI account. My 25,000 balance transfer was posted in my BPI account […]
Category: Credit Cards
Security Bank Fast Track Secured Credit Card
If you don’t have income documents to apply for a regular credit card, here’s another secured credit card — the Security Bank Fast Track Secured Credit Card. It’s a MasterCard credit card. This is offered to both existing Security Bank clients and applicants who are not yet clients of the bank. What’s a secured credit […]
BPI Express Start Secured Credit Card for OFWs and Starters
Do you need a credit card but do not have an Income Tax Return, a Withholding Tax Form and a Certificate of Employment and Compensation from a local employer? You can apply for a Secured Credit Card. It’s called “Secured” because you will give a security or a collateral to cover your debt in case […]
15 Member Banks of the Credit Card Association of the Philippines (CCAP)
The Credit Card Association of the Philippines (CCAP), incorporated in 1981, aims to foster cooperation among card issuers in the country, to mediate among card issuers, merchants and cardholders, and to promote the responsible use of credit cards in the country. Here’s a list of the 15 member banks of the Credit Card Association of the […]
RCBC Bankard InstaCard — Secured Credit Card
If you need a credit card for online purchases or online payments, and you’re not able to get a credit card, you can get a Secured Credit Card. A Secured Credit Card is called “Secured” because it has security or collateral. Your collateral will be your savings account or your time deposit. The bank will […]
Credit Card Overpayment
What happens if I unintentionally make a Credit Card Overpayment? Overpayment means paying more than the Outstanding Balance or Current Balance. Basically, it’s not a grave mistake if you overpay your credit card. The extra money paid is still yours. It will appear as a Credit in your account. You can use this Overpayment as […]
Credit Card Loans — More than One-Fourth of Total Consumer Loans in Philippines
Where do Filipinos use their bank loans? Based on reports from the Bangko Sentral ng Pilipinas as of the last quarter of 2010, Filipinos used loans to buy: 1. Homes 2. Cars 3. Appliances, cellphones, food, clothing, shoes and household needs (everything that credit card can buy). It’s sad that more than one-fourth of total […]
Credit Card Payments Accepted at SM Southmall
Here’s a list of credit card bills that you can pay at SM Southmall: Allied Bank / Philippine National Bank (PNB) BDO Bankard Citibank Citifinancial Diners Club EastWest HSBC / HSBC PIL Union Bank Security Bank SM Guarantor Standard Chartered If you can, pay in full your credit card balance. If not, try to pay […]