All Articles With Category : Banking & Finance

The latest and the best financial news, tips and tricks.

Max Investigates: The BDO Online Banking Experience

BDO, currently the largest bank in the Philippines, is the only bank in the country with branches in malls that are open after regular banking hours on weekdays and even on weekends. However, you’ll rarely see a BDO branch that isn’t packed with customers waiting in line. People who are too busy and impatient to […]

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The Philippine Coin: How It Has Changed in 50 Years [INFOGRAPHIC]

Have you ever thought about the origin of the Philippine Peso? It isn’t really something to talk about, but knowing where our money came from—and how it has evolved—has its perks. After all, we use money every day. It’s one of the reasons why we work and why we are able to purchase goods. The […]

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9 Ways to Check Fake Peso Bills

Fake money is widespread nowadays. And there’s nothing more disappointing than your money being flagged as fake during a transaction at a retailer or a fast food joint. Philippine peso bills are manufactured using secured methods and within a secured facility. According to a column by retired Monetary Board member, Ignacio Bunye, our paper bills are […]

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What You Need to Know for a Successful Housing Loan Application

Are you planning to make a housing loan application?  If yes, this article will help you understand the basic concepts related to the mortgage that you need to consider. 1. The Monthly Payment For a housing loan, you must have sufficient income to get the loan approval. The monthly payment should be at most one-third […]

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Complete Guide to BPI Family Housing Loans

If you are still on the lookout for an affordable and reasonable housing loan, you may want to pause and have a look at the BPI Family Housing Loan. BPI Family Housing Loans are not only for purchasing a new house, it is also available for the construction, improvement, and renovation of properties. What are the Types […]

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Bank of Commerce: A Look into the Company and Their Services

Established in 1963, Bank of Commerce is one of the largest commercial banks in the Philippines. Founded by Emerito Ramos as the Overseas Bank of Manila, the banking company offers a broad range of products and services, including personal banking, corporate banking, consumer banking, credit cards, and trade and remittances. At present, Jose Pardo (Chairman) […]

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Debit Cardholder? Take Note of These ATM Service Fees

Every day, millions of Filipinos use an ATM to access their savings and checking accounts. With a debit card, or ATM card as most people like to call it, individuals can withdraw money, check their account balance, and even transfer money to other bank users. All of these activities can be done in a few […]

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Mobile Banking Apps You Need to Know About

Banking doesn’t always mean getting in line to fulfill a transaction. Thanks to mobile banking, clients can now accomplish multiple bank transactions without leaving the comforts of their home. Through an application, account holders can check their balance, transfer money, and even pay bills. At present, 10% of total transactions in the financial sector occur […]

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Complete List of Banks That Operate on Weekends

Need to deposit money or convert a check but don’t have the time to do it on a weekday? Since banks usually close before 4:00 PM, accomplishing bank errands can be a challenge when you have other important things to do. Fortunately, banks are now more lenient when it comes to operating hours. Major banks […]

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Buy Your First Car with Bitcoin

A new kind of currency is gaining ground in the Philippines, and it’s called bitcoin—a term you may have heard since it’s the most popular form of virtual currency, or what is technically called cryptocurrency, today. Filipinos here and abroad use bitcoin to settle remittance payments and utility bills, all at a relatively lower cost. […]

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7 Payment Collection Apps for Pinoy Freelancers

A silent revolution is going on in the global workplace. Thanks to the ongoing campaign for a better work-life balance, more people are discovering better ways to earn money while keeping their personal lives enriched. While some venture into entrepreneurship, others try their hand at freelancing. Whether you’re a photographer, writer, developer, or designer, there’s […]

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BPI Credit Card Application: A Complete Guide for First-Timers

Filipinos are typically averse to using credit cards. As a new VISA study confirms, only 9% of personal purchases are done through credit card and debit card transactions in the Philippines. However, there’s no denying how useful a credit card is for financial emergencies, online shopping, and building a credit history for future loans. In […]

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Pinoy Credit Card Myths Debunked

We Filipinos are fond of myths. In our country, you’ll see sellers in Divisoria and Greenhills giving discounts on their 1st possible customer because it is considered as lucky. We call it Buena Mano. You might also experience from your parents not allowing you to use the broom during the night because you are throwing away […]

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6 Best 0% Interest Credit Cards In The Philippines

Getting the big-ticket items in life can get expensive, and that’s if you pay straight up cash for it. Of course, it does involve a bit of saving in order for anyone to get anything with a five-figure price tag. These days, there are plenty of purchase schemes that play around with the “buy now, […]

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6 Personal Loans with Low Interest Rates in the Philippines

It’s beyond the middle of 2017. By now, people are looking into what their plans are for the holidays or even plans for 2018. Are you looking to fund a passion project? Maybe start a nest egg for the future? Whatever goals you might have that require funding, a personal loan might be able to […]

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Credit Card Basics for Filipinos

Credit cards provide a convenient way to pay for purchases and online shopping.  As a source of short-term financing, credit cards have a borrowing limit, and banks will earn interest from your credit card balance if you do not completely pay off the balance at the end of your paying cycle which usually is the end […]

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3 Investments in the Philippines that You Can Start for as Low as Php 1,000

What would you do if you had an abundant and unlimited supply of money? You’d probably spend it all you want without a care in the world. But alas, that isn’t the reality—money disappears sooner than you earn it. If you know where to invest money you’ve worked so hard for, you can be sure […]

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Investment 101: Investing for Beginners

Many people use the term ‘investment’ rather loosely for a number of things, despite not knowing what are the basics of investing. A newly-bought BMW can be labeled as an investment. Buying MAC Cosmetics instead of the local brand is often considered an investment on quality makeup. You might even be guilty of ‘investing’ on […]

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What's the Difference Between Debit Cards and Prepaid Cards?

Debit cards and prepaid creditcards usually fall into the category of having similar enough functions that people end up asking what the difference actually is. While both function as tools for cashless transactions, there are a number of fundamental differences and similarities for both. The most obvious similarity is that unlike a credit card, debit […]

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Steps to Take When Applying for a BDO Credit Card | MoneyMax.ph

Planning to apply for a BDO credit card? If this is your first credit card application, it will be easier than you expect. It takes only a few simple steps to get a BDO credit card. Banco de Oro or BDO is known as one of the best credit card providers in the country, and […]

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