Maximize Your Spending with These Co-Branded Credit Cards

Published: May 27, 2021 | Updated: July 23, 2021 | Posted by: Moneymax | Credit Card


Co-Branded Credit Cards in the Philippines | Moneymax

Are you loyal to a particular brand? Using co-branded credit cards can help you save money and maximize rewards on your purchases. To fully appreciate their value, it’s important to understand how they work. Choose wisely during your credit card comparison and you might just end up saving a lot on various expenses. Here’s everything you need to know about branded cards in the Philippines.

How Do Co-Branded Credit Cards Work?

how co-branded credit cards work

Co-branded credit cards offer brand-specific benefits to loyal customers of a retail brand or members of an organization. Banks issue these cards in partnership with malls, airlines, oil companies, car dealerships, restaurant chains, clothing retailers, universities, alumni associations, and charities. 

Typically, branded cards bear the logos of the credit card network and the partner brand. Some cards also carry the issuing bank’s logo. But basically, these cards work just like any regular credit card. Even if a card is jointly issued with a particular merchant, you can use it at any retailer that accepts cards from the bank or credit card network.

What makes co-branded credit cards different from other cards is that on top of standard benefits, they also offer exclusive perks such as rewards points, discounts, and rebates from the partner merchant. To enjoy these extra privileges, you have to buy from the partner merchant using the branded card.

In short, co-branded credit cards reward you for your loyalty to the issuing bank’s partner brand. Branded cards that are tied with charities and universities allow you to support their projects and programs by automatically donating half of the annual fee and a percentage of your credit card spending.

Benefits of Owning Branded Cards

co branded credit cards benefits

Greater rewards

Most co-branded credit cards in the Philippines provide double or triple rewards points for every purchase from the participating partner retailer. Compared to rewards programs of regular credit cards, it’s easier to earn and accumulate points with branded cards.

Higher rebates

Co-branded credit cards also allow you to earn cashback rates of up to 10% on qualified transactions with partner retailers. Rebates of co-branded cards are higher than those of regular cashback credit cards that range from 0.20% to 6%.

Discounts and freebies

You can earn year-round or daily discounts for eligible purchases with a co-branded credit card. A few co-branded cards even offer birthday discounts. Loyal customers can also enjoy free welcome gifts, products, merchandise, flights, travel insurance, or purchase protection insurance.

Annual fee waivers

Some co-branded credit cards have waived annual fees for life. Others provide such waiver when a cardholder meets the minimum purchase requirement at partner outlets.

Priority access to exclusive sales

When a partner mall or retailer holds a sale, co-branded cardholders get to enter the shop first and can line up at the priority lanes at the payment counters.

Best Co-Branded Credit Cards for Shopping

Mercury Drug Citi Card

mercury drug citi card cta

📌 Features and Benefits

  • 5x points on up to PHP 320,000 spend in Mercury Drug per month
  • 3x points on health, beauty, and wellness spend in salons, spas, gyms, clinics, and all hospitals
  • 3x points on foreign currency spend
  • 1 point per PHP 200 spend anywhere (except for drugstores other than Mercury Drug)
  • Free 24/7 ambulance service worth PHP 10,000 within Metro Manila once a year

💸 Fees and Charges

  • Annual fee: PHP 2,000
  • Interest rate: 2%
  • Minimum monthly income requirement:
    • For existing cardholders: PHP 15,000
    • For first-time cardholders: PHP 20,833

UnionBank Lazada Credit Card

unionbank lazada credit card cta

📌 Features and Benefits

  • 6x Lazada Credits for every PHP 200 spend on Lazada
  • 1x Lazada Credit for every PHP 200 spend elsewhere
  • Free PHP 5,000 Lazada credits for new cardholders
  • Free vouchers on Lazada’s annual mega sales

💸 Fees and Charges

  • Annual fee: PHP 3,000
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 30,000

Learn more about this co-branded card in this UnionBank Lazada credit card review.

RCBC Landmark Anson’s Mastercard

📌 Features and Benefits

  • 5% rebate on purchases every weekday at Landmark and Anson’s
  • 1x point for every PHP 50 spend at Landmark and Anson’s
  • Exchange points for exclusive Landmark gift certificates

💸 Fees and Charges

  • Annual fee: PHP 960
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 15,000

Best Co-Branded Credit Cards for Travel

AirAsia Credit Card

airasia credit card cta

📌 Features and Benefits

  • Free 8,000 BIG Points for new cardholders
  • Earn one reward point for as low as PHP 22 spend
  • Priority check-in, boarding and Xpress Baggage
  • Auto-upgrade to the Freedom Flyer Platinum status

💸 Fees and Charges

  • Annual fee: PHP 2,400
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 20,833

UnionBank Cebu Pacific GetGo

unionbank cebu pacific getgo credit card cta

📌 Features and Benefits

  • Earn one GetGo point for every PHP 30 spend
  • 0% interest on up to 36 monthly installments
  • Access to exclusive Cebu Pacific and GetGo seat sales
  • Credit life insurance of up to PHP 400,000

💸 Fees and Charges

  • Annual fee: PHP 3,000
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 30,000

PNB-PAL Mabuhay Miles NOW Mastercard

pnb-pal mabuha miles now mastercard cta

📌 Features and Benefits

  • Earn one reward point/Mabuhay Mile for every PHP 65 spend[1]
  • Free 1,000 Mabuhay Miles for new cardholders
  • 5% discount on select PAL international flights
  • Free annual fee waiver for the first three years

💸 Fees and Charges

  • Annual fee: PHP 1,000
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 10,000

Citi Grab Card

citi grab credit card cta

📌 Features and Benefits

  • Free PHP 5,000 GrabPay credits for new cardholders
  • Free PHP 2,000 worth of Grab vouchers for new cardholders
  • 10x reward points for every PHP 30 spend on Grab
  • 3x reward points on dining, online subscriptions, and entertainment
  • Grab Platinum Tier Upgrade for the first 6 months

💸 Fees and Charges

  • Annual fee: PHP 2,500
  • Interest rate: 2%
  • Minimum monthly income requirement:
    • For existing cardholders: PHP 15,000
    • For first-time cardholders: PHP 20,833

Want to know more about this card? Check out our review of Citi Grab credit card.

Best Co-Branded Credit Cards for Fuel and Car Expenses

Shell Citi Card

shell citi card cta

📌 Features and Benefits

  • 5% rebate on Shell fuel purchases worth PHP 10,000 and up
  • Up to 5% rebate on Auto Sweep RFID and Easy Trip tollway load
  • Up to 5% rebate on auto repairs, accessories, and services nationwide

💸 Fees and Charges

  • Annual fee:
    • For Gold cards: PHP 2,500
    • For Platinum Cards: PHP 2,800
  • Interest rate: 2%
  • Minimum monthly income requirement:
    • For existing cardholders: PHP 15,000
    • For first-time cardholders: PHP 20,833

Read more on Citi Credit Card Reviews:

Metrobank Toyota Mastercard

📌 Features and Benefits

  • 10% discount on accessories, parts, and services at all Toyota dealers
  • 2x reward points for every PHP 20 spend at all Toyota dealers
  • 3% rebate on fuel purchases at participating Petron stations
  • Free 24/7 roadside assistance service

💸 Fees and Charges

  • Annual fee: PHP 2,500
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 15,000

EastWest Hyundai Mastercard

eastwest hyundai mastercard cta

📌 Features and Benefits

  • 5% rebate on fuel purchases at any gasoline station
  • 0.5% rebate on other purchases at any stores worldwide
  • 10% discount at all authorized Hyundai dealerships
  • Free PHP 1,000 Hyundai voucher for new cardholders

💸 Fees and Charges

  • Annual fee: PHP 2,000
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 15,000

RCBC Phoenix Mastercard

📌 Features and Benefits

  • 5% rebate on fuel purchases at Phoenix Fuel stations nationwide
  • Free PHP 500 worth of Phoenix Fuel for a minimum fuel spend of PHP 2,000
  • Up to three free towing and emergency assistance services per year
  • Free personal accident insurance of up to PHP 10,000

💸 Fees and Charges

  • Annual fee: PHP 1,800
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 15,000

Best Co-Branded Credit Cards for Dining

UnionBank Racks Visa

📌 Features and Benefits

  • Free Mac and Cheese per PHP 500 food purchase
  • Free Memphis Pound Cake per PHP 1,000 food purchase
  • Free Carbonara per PHP 1,500 food purchase
  • Free Apple Pie A la Mode at any Racks branch during the cardholder’s birth month

💸 Fees and Charges

  • Annual fee: PHP 1,500
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 50,000

RCBC LJC Mastercard

📌 Features and Benefits

  • 10% discount every time you dine in at any LJC restaurant
  • Up to 50% discount on cardholder’s birthday month
  • Up to 10% frequent diner discount all year round

💸 Fees and Charges

  • Annual fee: PHP 960
  • Interest rate: 2%
  • Minimum monthly income requirement: PHP 15,000

Final Thoughts

How do you know if having a branded card is right for you? Identify the category you spend the most on. Do you often book flights, shop for clothes, or dine at restaurants? Also, figure out your preferred brand. What’s your preferred store, airline, restaurant, or gas station where you’ll use your card most often? If you can answer these questions, you’ll be able to reap the benefits of co-branded credit cards.

credit card cta

Source: [1] PNB-PAL Mabuhay Miles Now Mastercard