Women are nurturing by nature. We usually prioritize the needs of others—children, parents, partners, etc.—over our own. But have you ever considered your own needs like self-care? This is an especially important factor when shopping for credit cards for women.
Do you love shopping, traveling, or pampering yourself to de-stress? Don’t feel guilty about it! There’s no wrong in that, as long as you don’t overspend. Using a credit card that lets you save money while enjoying good things in life is also a must.
Take a look at these top credit cards for women—one of these cards may just fit you right.
Cashback credit cards for women help cardholders get the most out of their purchases. Citibank’s Cash Back credit card offers the highest rebate rate among cashback credit cards in the Philippines, allowing cardholders to accumulate non-expiring rebates and save as much as PHP 12,000 every year.
Citi Cash Back Benefits
Up to 6% rebate on supermarket purchases
Up to 2% rebate on Meralco bill payments
0.20% rebate on all other purchases
PHP 5,000 welcome e-gift for new cardholders
Discounts and other deals in the Philippines and more than 90 countries
One of the best credit cards for women who love to shop, the HSBC Red Mastercard has a high rewards earn rate that allows the cardholder to accumulate points fast. Rewards points can be redeemed for shopping gift certificates, appliances and other items, air miles, annual fee waiver, and more.
HSBC Red Mastercard Benefits
4x bonus points per PHP 20 spend on shopping, dining, overseas, and online transactions
6% initial rebate plus 3% all-year rebate on Caltex fuel purchase
Mothers who need to stretch their household budget can find credit cards that help them manage their family’s finances better.
The AUB Classic Mastercard, for example, lets you save on credit card fees such as the annual fee. It also allows enrolling an unlimited number of supplementary credit cards, so you can get your children their own card to use during an emergency.
AUB Classic Mastercard Benefits
1 rewards point per PHP 20 spend
Choose when, how many times, and how much to pay for your balance
Get as many supplementary cards without paying annual fees
Metrobank offers one of the few credit cards for women in the Philippines: Femme Visa. If self-care is among your spending priorities, then this is the best credit card for you.
Metrobank Femme Visa Benefits
Exclusive privileges on shopping, beauty treatments, and wellness services
One rewards point for every PHP 20 spent on the credit card
Annual fee: PHP 2,000 (waived for the first year)
Interest rate: 3.54%
Required minimum monthly income: PHP 15,000
For the Health-Conscious Woman: Mercury Drug Citi Card
There’s this misconception that getting healthy and fit is expensive. You actually have several ways to save money while maintaining a healthy lifestyle. Make the right meal choices, look for gyms with affordable memberships (or simply exercise at home), practice meditation, and more.
Choose the right credit card for your medical needs, too. One of the best credit cards for women who often spend on health and wellness is the Mercury Drug Citi. This Citibank credit card provides generous rewards on different types of purchases and other great perks such as free annual physical exam and ambulance service.
Mercury Drug Citi Card Benefits
1 rewards point per PHP 200 spend everywhere (except for non-Mercury Drug drugstores)
5x rewards points on up to PHP 320,000 monthly spend in Mercury Drug
3x rewards points on health, beauty and wellness spend in salons, gyms, spas, clinics, and all hospitals
3x rewards points on foreign currency transactions
Free PHP 5,000 cash credits for new cardholders (until March 31, 2020)
Free annual physical exam (until June 30, 2020)
Annual 24/7 ambulance service worth PHP 10,000 within Metro Manila
The stereotype of males taking care of the bill when on a date is so outdated. Show your date that you can pay for your share of the dining bill. Use a credit card like the HSBC Gold Visa Cash Back that lets you save money when paying at restaurants.
HSBC Gold Visa Cash Back Benefits
Up to 5% cashback on dining transactions
0.50% cashback on all other purchases
6% initial rebate plus 3% all-year rebate on Caltex fuel purchase
Solo backpacking is the trend nowadays for women in their 20s and 30s. If you want to explore the world while saving money on your trips as a solo female traveler, then this UnionBank credit card is a must in your wallet. It lets you earn higher rewards on your travel-related expenses, with perks like free travel insurance and airport lounge access.
UnionBank Miles+ Platinum Visa Benefits
1.5 rewards point per PHP 25 travel-related spend
1 rewards point per PHP 25 daily spend
Free airport lounge access at NAIA Terminals 1 and 3
For independent women, nothing should hold them back. When it comes to credit cards, it’s best to have one that allows maximizing rewards on certain purchases regularly made. This makes the RCBC Flex Visa the ideal card for free-spirited young adults. As a cardholder, you have to freedom to choose which spending categories you want to double your rewards.
RCBC Bankard Flex Visa Benefits
2x rewards points in any two of the following spending categories: travel, transportation, clothing, and dining
1 rewards point per PHP 50 spend elsewhere
Free travel insurance and purchase protection
Free access to the Skyview Airport Lounge at NAIA Terminal 3
Annual fee: PHP 1,500
Interest rate: 3.50%
Required minimum monthly income: PHP 20,833.33
For the Online Shopaholic: BPI eCredit
BPI cardholders who often shop online should get a BPI eCredit card for secure and worry-free internet transactions. It’s a separate virtual credit line with its own credit card number, so the regular BPI credit card number and credit line are protected against internet fraud.
BPI eCredit Benefits
Free companion card to any BPI Mastercard (upon request)
Comes with a lower credit limit and a different credit card number
For the Female Entrepreneur: UnionBank Corporate Visa
Need a credit card for managing the finances of your growing business? Get yourself and your employees this UnionBank corporate card program. It enables you to easily monitor business expenses, and your employees to use a credit card for business-related transactions instead of requesting reimbursements or taking out petty cash.
UnionBank Corporate Visa Benefits
1 rewards point per PHP 20 spend or 0.5% cashback
24/7 web-based system that automates and customizes expense reporting and management
Up to PHP 5 million travel insurance
Free access to Club Manila Lounge at NAIA Terminal 1
Free two Airport Meet and Assist services and two one-way luxury airport transfers at select airports per year
24/7 global concierge service
Free roundtrip ticket to Japan (worth 120,000 rewards points) for new cardholders (until March 31, 2020)
Annual fee: PHP 12,000
Interest rate: 3.50%
Required minimum monthly income: PHP 83,333.33
The best credit cards for women are those that offer a lot of benefits for your usual spending categories, like shopping, health, beauty, and wellness. Let Moneymax help you find the perfect card with its free online credit card comparison tool.
Venus is an experienced personal finance writer with a background in digital marketing, public relations, and journalism. She’s into stock, VUL, and mutual fund investing. Follow Venus on LinkedIn.
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