All Articles With Author : Ricky Publico
The latest and the best financial news, tips and tricks.
Moneymax Reviews: Save on Essentials with a Citi Cash Back Card
- By Ricky Publico
- October 22, 2021
The last benefit you’ll ever think credit cards have is saving you money, right? Wrong. In fact, there are credit cards out there that can save you money on every swipe. How? By awarding you with cash rebates on specific spend categories. We call them cashback credit cards. Fortunately, they aren’t that hard to find. In fact, most banks offer generous cashback credit cards to shoppers looking to maximize their purchases. One of the popular cards you’ll see out there is the Citi Cash Back Card. Curious about the Citi Cash Back Card? Then you came to the right place. In this Moneymax Reviews edition, we bring you Citibank’s own rebate generator. Find out more in this Citi Cash Back Card review. Citi Cash Back Card Features Just like in every boxing match, let’s look at Citi Cash Back Card’s tale of the tape. Judging by its features, it seems the Citi Cash Back Card costs more to use and maintain. But is it worth it? Annual fee: PHP 4,500 for principal cardholders (free for the first year) PHP 2,250 for supplementary cardholders (free for the first year) Interest rate: 2% Minimum monthly income requirement: PHP 15,000 (for existing credit cardholders) PHP 20,833.33 (for new cardholders) Cash advance fee: PHP 200 per transaction Late payment fee: PHP 1,500 or the unpaid minimum amount due, whichever is lower Overlimit fee: PHP 1,500 or the highest overlimit amount, whichever is lower Foreign transaction fee: 3.525% of amount Card replacement fee: PHP 400 Citi Cash Back Card Benefits How Much Rebate Will I…
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How to Compute 13th Month Pay (Plus FAQs)
- By Ricky Publico
- October 19, 2021
Aside from Jose Mari Chan’s inescapable soothing voice, there’s another artist we Filipinos usually associate with the holiday season: the exhilarating vocal prowess of Aegis. Specifically, when they emphatically ask all employers in the Philippines to give everyone their Christmas bonus and 13th month pay. Indeed, you should expect a lot of cash flow going straight to your bank account, courtesy of your 13th month. Have you received yours yet? It’s time to learn more about this year-end benefit, especially how to compute 13th month pay, and all other related concerns. See them below. What is 13th Month Pay in the Philippines? 13th month pay is an additional compensation given to employees in the Philippines, typically at the end of a year. It’s a mandatory benefit provided to employees under Presidential Decree No. 851.[1] All rank-and-file employees who have worked for at least one month in a company are entitled to a 13th month pay, regardless of the nature of their employment and how they receive their wages. How to Compute 13th Month Pay Basic 13th Month Pay Formula in the Philippines Monthly Basic Salary x Employment Length ÷ 12 months If you want to know how calculate your 13th month pay, just multiply your basic monthly salary by the number of months you’ve worked for the entire year, then divide the result by 12 months. How to Compute Prorated 13th Month Pay For employees who worked less than 12 months, you’ll receive a prorated 13th month pay based on the number of months you worked for the company. For example, if…
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How to Eat Healthy on a Budget: 7 Simple Steps to Follow
- By Ricky Publico
- October 7, 2021
Contrary to popular belief, eating healthy and saving money aren’t mutually exclusive, especially during the pandemic. Sadly, most of us probably forgot that fact. In the UK alone, experts are already theorizing that COVID-19 lockdowns promoted unhealthy eating habits,[1] and it’s not hard to see why. But now should be the time to figure out how to eat healthy on a budget. As the world continues to recover from the effects of COVID-19, you should take this opportunity to take care of your body without breaking the bank. Here are some ways to do so. How to Eat Healthy on a Budget Learn How to Cook If you want to save money in general, this is the first skill you should be learning. Seriously, you won’t be able to apply most of these tips if you don’t know how to cook. And other than working and playing video games, it’s not like you have other things to do. So just watch a YouTube tutorial or let a family member teach you. Remember, learning is always free. Eat More Greens We usually associate eating healthy with expensive food items that it’s easy to just go with cheap junk food. You certainly don’t need to buy expensive diet pills and food supplements just to keep yourself healthy. Sometimes, all it takes is to eat more fruits and vegetables. Introducing more greens to your diet is a lot healthier and a lot cheaper. Frequent the Local Market If you’re looking for more savings, the nearest local market is the best place to go….
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Emergency Kit Items You Should Not Forget for the Rainy Months
Rainy season in the Philippines is here and is forecasted to continue until the end of the year. To date, we’ve already had 12 typhoons enter the country this 2021.[1] With more typhoons to come, it’s important for us to prepare the necessary emergency kit items. How prepared are you for typhoon season? Will you have enough food and supplies, as well as battery sources to power up small household appliances and gadgets? If you don’t have a typhoon emergency plan yet, you can get started by preparing these emergency kit items. Roadside Emergency Kit Items The rainy season won’t treat your vehicle that lightly. That’s why you need to prepare a roadside emergency kit to help you maintain your car wherever you are, especially if you get stranded on the road. In fact, you can just keep it in the trunk of your car, regardless of the season. Get a storage box from surplus stores for PHP 88 to PHP 400, depending on the size you need. It can be as simple or as complex as you want, but you need to have the necessities. Extra car battery and jumper cables Supply of coolant and motor oil A small tool kit with pliers, wrenches, multi-tool A flashlight and spare batteries Protective work gloves Extra umbrellas or raincoats Hand sanitizer or disinfectant wipes A basic first aid kit Bottled water Aside from the items listed above, make sure you have other emergency kit items like a portable charger for mobile phones, battery-powered warning lights, and a tire gauge with a…
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10 Money Lessons We Can Learn from Netflix’s Squid Game
- By Ricky Publico
- October 5, 2021
[This article contains major spoilers for Squid Game] What happens when cash-strapped individuals play deadly children’s games for a chance to win a boatload of money? That’s basically the premise of the latest Netflix hit, Squid Game. In a show about the consequences of bad financial decisions, we’re bound to learn money lessons that we can easily apply in our daily lives. Here are just some of them. But What Exactly is Squid Game? If you haven’t seen Squid Game on Netflix[1], then you’re really missing out on nine hours of thrilling television. Squid Game follows Seong Gi-hun, a deadbeat dad who owes a lot of money from loan sharks and banks, as he enters the mysterious and dangerous Squid Game where participants are forced to play children’s games with deadly consequences. Along the way, Gi-hun befriends Cho Sang-woo, Gi-hun’s childhood friend and a disgraced banker running away from criminal charges; Kang Sae-byeok, a North Korean pickpocket looking to provide for her younger brother; Abdul Ali, an undocumented and underpaid migrant worker; and Oh Il-nam, an old man whose health is slowly deteriorating. Together, they form a team to try and survive the twists and turns brought about by the game master, a masked man calling himself The Front Man. They have to figure out how to survive the game while avoiding murderous players from killing them in between rounds. Can they actually win the game and walk out with the prize money, or will they die trying? Money Lessons We Can Learn From Squid Game Thankfully, we don’t have…
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Moneymax Reviews: Grab More Rewards with Citi Grab Credit Card
- By Ricky Publico
- October 4, 2021
Do you use any one of Grab’s booking services frequently? Then you’ll love this week’s edition of Moneymax Reviews. We’re putting Grab’s official co-branded credit card under the microscope in this Citi Grab Credit Card review. Can this credit card live up to the expectations of Grab customers? From exciting rewards to generous welcome gifts, the Citi Grab Credit Card promises to be a reward-heavy credit card even non-Grab users will appreciate. Learn more about it in our in-depth review. Citi Grab Credit Card Key Features Annual fee: PHP 2,500 Interest rate: 2% Minimum monthly income requirement: PHP 15,000 (with existing credit card) / PHP 20,883 (without existing credit card) Cash advance fee: PHP 200 per transaction Late payment fee: PHP 1,500 or the unpaid minimum amount due, whichever is lower Overlimit fee: PHP 1,500 or the highest overlimit amount, whichever is lower Foreign transaction fee: 3.525% of the converted sum Card replacement fee: PHP 400 Why Should I Grab the Citi Grab Credit Card? The Citi Grab Credit Card is the perfect card for you if Grab services are integral part of your daily life. Whether you’re booking rides or ordering food or groceries through Grab, this credit card will maximize your use of the app. But first, let’s talk about the welcome gifts because there’s a lot. 50 GrabRewards Points Upon Application You don’t even need to get approved to receive some perks. All you need to do is complete the application process, and you get 50 GrabRewards points within 15 business days. No need to go to any Citibank…
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6 Helpful Tips to Save on Monthly Subscription Apps
- By Ricky Publico
- September 24, 2021
Do you remember the days when apps didn’t cost that much money? Smartphone and desktop apps used to be free back then. But when the subscription model was introduced to the tech world, almost every company jumped on the bandwagon. Now, almost every app we use offers different subscription tiers to fully use them. Thus, monthly subscription apps were born. It’s useless to say you should just delete your apps because they have already become essential to our everyday lives. From the way we work to the way we play, monthly subscription apps are now completely unavoidable. But that doesn’t mean you should go break the bank to keep using your apps. Here are some tips to save a buck or two on your subscriptions. How Much are Monthly Subscription Apps Costing Me? But before we save money, let’s find out how much your monthly subscriptions apps are really costing you. In a country where the average person spends at least 10 hours a day online[1], it’s no surprise that most people are not conscious about how much money they spend using their smartphones. Here’s a sample computation based on average app subscription prices: Music streaming apps: ~PHP 150 Movie streaming apps: ~PHP 500 Video streaming subscriptions: ~PHP 200 Gaming subscriptions: ~PHP 300 Productivity app subscriptions: ~PHP 200 Other software subscriptions: ~PHP 300 So on average, an average techie spends at least PHP 1,000 a month on monthly subscription apps. That estimate could easily increase if you subscribe to more than one music, movie, or video streaming services. Does this…
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Moneymax Reviews: How Rewarding is a Citi Rewards Card?
- By Ricky Publico
- September 16, 2021
What’s the one thing first-time and long-time cardholders have in common? Their affinity for credit card rewards. One of the most popular rewards credit cards out there is the Citi Rewards Card. You could be searching for other cards, but Citibank’s rewards-filled credit card has always been a good place to start. Fortunately, we got you covered with this Moneymax Reviews edition, where we take an in-depth look at credit cards in the Philippines. And the first product to go under the microscope? You guessed it—the Citi Rewards Mastercard. Find out more in this Citi Rewards Card review. Citi Rewards Card Features Every credit card comes with a set of terms and conditions, and the Citi Rewards Card is no different. It’s important to study them before applying for any credit card out there. Annual fee: PHP 2,500 for principal cardholders (free for the first year) PHP 1,250 for supplementary cardholders (free for the first year) Interest rate: 2% Minimum monthly income requirement: PHP 15,000 (for existing credit cardholders) PHP 20,833.33 (for new cardholders) Cash advance fee: PHP 200 per transaction Late payment fee: PHP 1,500 or the unpaid minimum amount due, whichever is lower Overlimit fee: PHP 1,500 or the highest overlimit amount, whichever is lower Foreign transaction fee: 3.525% of amount Card replacement fee: PHP 400 Read more: Applying for a Rewards Credit Card? Read This First What Rewards Can I Redeem with a Citi Rewards Card? Citi Reward Card’s rewards program allows you to earn 1 rewards point for every PHP 30 you spend, regardless of the…
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Plan Your Future Now: A Guide to Building Your Financial Roadmap
- By Ricky Publico
- September 9, 2021
Making a financial roadmap is like registering to vote: if you haven’t done it yet, now’s the best time to start. Both can affect your life in more ways than one, and failing to do them both won’t bode well for your future. After all, you can’t blame everything on a pandemic. Don’t know where and how to get started? Here are some tips to consider when preparing your financial roadmap for any set amount of time. What is a Financial Roadmap? A financial roadmap is what you need to know where you are right now financially, where you should be heading to, and what you need to do to smoothly navigate the road to financial success. This way, you’ll be able to make sound decisions about money that can help you achieve your life goals. How to Set Up Your Financial Roadmap Set Your Financial Goals Goal setting is the first step in making your financial roadmap. What do you want to accomplish by the end of the year and in the long term? Is it possible to achieve them during the pandemic? Do you have a big expense coming up this year? How much can you realistically set aside each week or month to have enough money for funding each life milestone? Whatever it is—getting married, overseas travel, or buying a new car—your financial goals must be SMART[1] (specific, measurable, attainable, relevant, and time-bound). Also, make sure to set short-term goals that are aligned with your long-term goals. For example, committing to pay off your credit card debt…
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How to Use ShopeePay: A Guide for First-Time Users
- By Ricky Publico
- September 6, 2021
The concept of shopping at Shopee is already convenient as it is. You order from an online store, you pay, and you receive your item. Easy! However, we’re in the new normal where contactless payments are encouraged. Shopee’s answer to that? More convenience, thanks to ShopeePay. Shopee’s new mobile wallet adds to the extensive list of convenient payment options in the Philippines. Aside from encouraging minimal contact, it’s also a fast and convenient way to pay for all your Shopee purchases. Especially when it comes to checking out all the items in your cart from the Shopee 9.9 sale and all other major sales on Shopee for that matter! Find out more about how to use this mobile wallet in this guide. What is ShopeePay? ShopeePay is Shopee’s mobile wallet regulated by the Banko Sentral ng Pilipinas (BSP). It’s the rebranded version of Shopee’s initial attempt at entering the mobile wallet market, only with more useful features for shoppers and sellers alike. How Does ShopeePay Work? With ShopeePay, you can store money from your top-ups or refunds and then use it to pay for your next Shopee purchases via the Shopee app or Shopee website. Sometimes, you can also use ShopeePay to pay for Offline Deals. You can also enjoy discounts and promotions when you pay via ShopeePay. What Can I Do with ShopeePay? If you’re an avid Shopee shopper, ShopeePay is definitely a must-have. Here are just some ShopeePay benefits you can enjoy. Convenient shopping. As a way to encourage contactless payments, the mobile wallet aims to provide a…
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Moneymax Reviews: Earn Your Cash Back with HSBC Gold Visa
- By Ricky Publico
- September 3, 2021
Don’t blink because you’ll definitely miss another edition of Moneymax Reviews! This week, we’re taking a look at HSBC’s premium cash back credit card: the HSBC Gold Visa. What can this credit card bring to the table? We’ll find out in this HSBC Gold Visa review. The HSBC Gold Visa Cash Back’s main selling point is the 5% rebate on dining expenses. Does that make HSBC Gold Visa the perfect dining partner? What other perks can it offer? Let’s answer all that and more. HSBC Gold Visa Cash Back Features A good HSBC Gold Visa review starts with the basics. Looking at its key features, you’ll see how the HSBC Gold Visa stack up with other credit cards out there. Don’t take it on face value just yet—this card definitely deserves a closer look. Annual fee: PHP 2,500 Interest rate: 2% Minimum monthly income requirement: PHP 16,667 Cash advance fee: PHP 200 per transaction Cash advance interest rate: 2% Late payment fee: PHP 1,000 or unpaid minimum amount due, whichever is lower Overlimit fee: PHP 800 Foreign transaction fee: 2.5% of the converted sum plus reimbursement of the assessment fee charged by Visa/MasterCard to HSBC equivalent to 1% of the converted sum Card replacement fee: PHP 400 Why Should I Get an HSBC Gold Visa Cash Back? One word: Rebates. If you love eating out or enjoy ordering food online, this credit card is perfect for you. For every dining purchase made all year round, you’ll receive a 5% cashback credited straight to your account. No fuss, no rush, all…
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Buying School Supplies? 6 Money-Saving Hacks for Matipid Parents
- By Ricky Publico
- August 26, 2021
Buying school supplies means different things to students and parents. Kids look forward to having new stuff when they go back to school, while their parents get all stressed out trying to provide everything they need. This challenge gets all the more difficult, as school supplies get more expensive each year. And during a pandemic, it’s even trickier to get the best supplies for your kids. But still, a few strategic and budgeting tips can still help you save money this school year. 5 Helpful Tips When Buying School Supplies Learn How to Recycle Better Make an inventory of your children’s school supplies from last year. For sure, certain items are still in good condition, which means you don’t have to buy new ones. Sort those that can still be reused or recycled for another school year or two. Here are some ideas to trim down your back-to-school expenses: Recycle unused pages from old spiral notebooks. Remove clean sheets from their binding and sew them together to make a new notebook. Refill old pens and markers. Instead of buying new writing tools, you can save money by buying refills. Gather old pencils. As long as they aren’t broken, pencils just need to be sharpened, and they’re good to use again. Use old smartphones and tablets for online classes. Don’t throw away your old gadgets just yet. You can still tweak them to be more usable for online classes. Set a Budget Based on Your Supplies List It’s best to wait for the teacher’s school supplies list at the start of…
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Lazada Loan: What Online Shoppers Need to Know
- By Ricky Publico
- August 24, 2021
Online shopping has never been this essential lately, and it’s safe to say that Lazada provided a convenient platform for Filipinos to shop for their needs. Another great deal of help the e-commerce site is providing is its newest Lazada Loans feature, where shoppers can apply for a short-term loan for Lazada purchases. Here’s a Lazada Loan guide to help you understand further. What are Lazada Loans? Launched in 2019 during the Lazada 9.9 Sale that year,[1] Lazada Loans provide shoppers with an alternative way to pay for their online shopping, may it be for gadgets or grocery items. Lazada partnered with accredited mobile lenders to make this feature possible. A Lazada Loan allows shoppers to buy now and pay later with easy installment plans minus the credit card requirement. You can apply for a loan directly through the Lazada website or app and have your application approved within the same day. Once approved, you can use the loan amount to buy items from Lazada or pay your bills within the app. What are the Benefits of Lazada Loans? If you’re planning to make a small-ticket purchase, Lazada Loans can help you fund it. You can borrow money as high as PHP 50,000, depending on the lender. 1. Easy Application The entire process happens within the Lazada app. No need to head somewhere to apply and withdraw your proceeds. 2. Low Interest Rate Lazada has installment partners that offer a 0% interest loan for first-time lenders. Succeeding loans, on the other hand, will be subject to normal interest rates, which…
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Tonik Digital Bank: How Neobanking Works in the Philippines
- By Ricky Publico
- August 23, 2021
The cashless revolution in the Philippines is in full force with the recent arrival of Tonik Digital Bank, the country’s first digital-only bank. It is also our first introduction into the concept of neobanking, the supposed future of banking. The brazen newcomer promises better interest rates and an even easier application process compared to other digital banks in the Philippines. But that begs the following questions: What is neobanking? How does it compare to digital banking? How good are the interest rates? And how exactly do I get my hands on Tonik? Luckily, there is enough space in this helpful guide to answer all those burning questions. What is a Neobank? Neobanking is the newest way to go about your banking needs in the digital age. For starters, a neobank is a digital-only virtual bank that offers financial products and service 100% online with no physical branches. From opening an account down to applying for a loan, you do all your transactions with a neobank through your smartphone. Note that neobanks aren’t viewed as traditional banks. Instead, they are considered financial technology firms that partner with financial institutions to provide a more accessible approach to banking. Because they don’t operate as banks, they can focus more on improving the overall experience like cutting down fees and offering higher interest rates. But since they’re not considered traditional banks, neobanks offer a limited number of financial products compared to traditional banks. They usually offer savings and checking accounts, money transfer and payment services, and financial education tools, among others. Neobanks vs. Digital…
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CTPL Insurance in the Philippines: A Quick Guide for Filipino Motorists
- By Ricky Publico
- August 16, 2021
Owning a car entails a lot of financial responsibilities. Aside from the car itself, you’ll be paying for things like registration, maintenance, and insurance. Many Filipinos choose to forgo the latter, thinking that being careful is enough. Newsflash! It’s not, mainly because before you can even drive your car, you need to buy a particular type of insurance called TPL insurance. What is it and why is it necessary for owning a vehicle in the Philippines? Let’s answer that with this guide. What is TPL Insurance? TPL (or CTPL insurance for others) is a basic car insurance that every car owner in the Philippines should get before registering their vehicles to the Land Transportation Office (LTO). TPL means “third party liability,” but can sometimes be referred to as compulsory third party liability insurance in the Philippines. As the name implies, TPL covers you from liabilities in the event of an accident that will injure or kill a third party. TPL insurance is a requirement for all types of vehicles, from private to commercial vehicles, and even trucks and motorcycles. Is Compulsory Third Party Liability Insurance Mandatory? Yes. Motorists are required to purchase TPL insurance before registering their vehicles with the LTO. Why is TPL Insurance Mandatory? In the Philippines, the Metro Manila Accident Reporting and Analysis System (MMARAS) recorded a total of 65,032 accidents in the country’s main metropolitan area in 2020, resulting in the death of 337 people.[1] Imagine if all those vehicles didn’t have insurance. In a country where frugality is embedded in the culture, important things like…
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Should I Get a Credit Card? Helpful Tips to Know When to Get One
- By Ricky Publico
- August 13, 2021
Regardless of how people say adulting is hard, it’s still an exciting journey. This is the time to get out of your comfort zone and decide about career, love, and money independently. If you’re a few steps away from independence, a lot of things will come to mind, including the important question: Should I get a credit card? At this point, you should already know what a credit card is and maybe even how to apply for one. It has gotten a lot easier in recent years. You can apply from agents deployed in malls or directly online. You’re also probably aware of how credit cards can help you manage your finances by allowing purchases and payments without the need for cash on hand. But credit cards aren’t always advantageous for everyone, especially when you’re not ready to own a card. Maybe set aside the excitement over making cashless payments for now and check when and why you should get a credit card first. Signs You’re Ready to Have a Credit Card One thing to remember about getting a credit card: Just because you’re eligible doesn’t mean you should own one. Credit cards are financial tools that need to be handled properly. If not, they can lead you to financial woes for the rest of your life. So, before applying for your first credit card, know the signs that you’re ready to have one. 1. You Have a Steady Source of Income You’ve landed your first job. And for a while, you’ve been managing your salary well, so you feel…
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Ghost Month Dos and Don’ts: How to Avoid Making Financial Mistakes
- By Ricky Publico
- August 12, 2021
It’s that time of the year again. No, it’s not the lockdown, it’s Ghost Month! From August 8 to September 6, the Chinese will celebrate the Chinese Ghost Festival to commemorate their dearly departed[1]. Just like the usual superstitions we have during November 1, they also have a set of Ghost Month dos and don’ts, especially when it comes to finances. Whether you subscribe to feng shui and other Chinese ideologies or not, there’s no harm in adapting a tradition or two. After all, beliefs are sometimes rooted to logic and practicality. So take down some notes and find out what you can do to protect your finances during Ghost Month. Ghost Month Dos and Don’ts on Finances Do: Invest in Stocks It’s not all bad during Ghost Month. Big investors and businessmen tend to avoid August because most of them believe it will affect their finances in the long run. This means the stock market is usually down for Ghost Month. Take this opportunity to buy stocks for cheap so you can either sell them for a bigger profit once the next month rolls over. Don’t have an active investment yet? Then now would be a good time to get started on stocks. Don’t: Start a New Business On top of the usual Ghost Month dos and don’ts list out there is this one advice: don’t start a business. It is believed that the Gates of Hell are opened during Ghost Month, allowing spirits to roam the physical world[2]. You’ll probably disturb the peace when you’re building an establishment…
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Crypto Gaming 101: How to Play and Earn Online in the Philippines
- By Ricky Publico
- August 10, 2021
Earning money from video games has always been the pipedream for hardcore and casual gamers alike. Thanks to technology moving too quickly, this is now entirely possible. You can either write about video games, stream yourself playing it, or make one yourself. If you want, you can even become a professional video game athlete and compete in various tournaments. But all of these require a lot of hard work. What if you can just earn by simply playing? Enter crypto games. You’ve probably heard the story of an entire community making a living off of NFT video games online.[1] One resident earned PHP 1,000 after playing the hit game Axie Infinity for 15 days, and from there, other members of the community joined in on the fun. Since the quarantine won’t end anytime soon, it won’t hurt to try and explore other ways to earn some income from home. To help you get started on NFT crypto gaming, here is an informative guide that will cover all your bases. What is NFT? NFT stands for non-fungible token. To understand what non-fungible means, it’s important to discuss the concept of fungibility. This refers to the ability of an asset to be exchanged with similar assets of the same value. An example of a fungible asset is currency. If you want to get rid of your four five-peso coins, you can have it exchanged at your nearest sari-sari store for one 20-peso bill. They may differ in form, but they still have the same value of PHP 20. So when an asset…
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Moneymax Reviews: 4x the Fun with HSBC Red Mastercard
- By Ricky Publico
- August 5, 2021
It’s not a bird, it’s not a plane, it’s another edition of Moneymax Reviews! Our exploration of the best credit cards in the Philippines continues with our first entry from HSBC. How well can HSBC’s beginner-friendly credit card fare in this HSBC Red Mastercard review? Let’s find out. HSBC Red Mastercard Features Before we go any further, let’s first judge the card by its features. Looking at the list below, it’s easy to see why the HSBC Red Mastercard is a popular choice. Just look at that low annual fee and annual income requirement. Annual fee: PHP 2,500 (free on the first year) Interest rate: 2% Minimum monthly income requirement: PHP 16,667 Cash advance fee: PHP 200 per transaction Late payment fee: PHP 1,000 or unpaid minimum amount due, whichever is lower Overlimit fee: PHP 800 Foreign transaction fee: 2.5% of the converted sum plus reimbursement of the assessment fee charged by Visa/MasterCard to HSBC equivalent to 1% of the converted sum Card replacement fee: PHP 400 Why Should I Get an HSBC Red Mastercard? So what do you get for a seemingly affordable credit card? Two words: accelerated rewards. For every PHP 20 spend on qualified spend categories, you earn 4 bonus points. What are these qualified spend categories, you ask? They just happen to be the four that matter: dining, shopping, overseas, and online purchases. That’s quadruple the points compared to other credit cards. For example, you can earn 4x points when you dine in at Pancake House, Italianni’s, Barcino, Las Flores, Gloria Maris, Draft, Relik, Aubergine, and…
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11 Must-Have Phones and Gadgets for Your Wish List
- By Ricky Publico
- July 27, 2021
The tech world in 2021 is buzzing as always, thanks to the constant innovation of phone and gadget makers worldwide. There’s no shortage of innovations when it comes to consumer tech, and 2021 is no different. It’s time to update your tech wish list because you don’t want to miss any of these. Here are the latest gadgets in 2021 worth checking out. Latest Phones to Check Out in 2021 Samsung Galaxy S21 Price: Starts at PHP 47,990 Available at: Samsung stores and accredited shops Beauty and power are the two best words that describe Samsung’s Galaxy line. And the South Korean tech juggernaut made sure that their latest unit embodies the mantra. The S21 features the chipset 5nm processor, which Samsung claims to be their fastest. This means that you’ll have no performance problems, and everything you do on your phone will be lag-free. Being a lifestyle phone, the S21 is packed with high-end and incredible camera features for photography and videography. The camera can shoot in 64-megapixel resolution, making sure that every picture is ultra-detailed and crystal-clear. The Selfie mode is enhanced by AI to bring out the subject’s true-to-life color. If you’re filming a video, expect to be wowed by S21’s cinematic 8K resolution.[1] And the cherry on top? Each S21 is a thing of beauty, as it comes in different elegant finishes. But wait, there’s more―S21 also comes in 5G! Xiaomi Mi 11 Price: PHP 36,990 Available at: Xiaomi shops, Lazada Is the S21 too pricey for you? Then look no further because Xiaomi’s Mi 11…
