For Back-to-School Expenses: 11 Best Credit Cards for Students

Jay Pagkatotohan

Jay Pagkatotohan

Last updated May 19, 2022

Who says credit cards are for adults only? Students can also get a credit card of their own. If you’re a parent, teach your child to practice financial responsibility as early as now with credit cards for students in the Philippines.

But before you shop for credit cards, you should know the types of cards you can apply for and the requirements you will need to submit. Take the time to read this guide before deciding on the right credit card for students.

Can a Student Apply for a Credit Card in the Philippines?

credit card for students philippines - can a student apply

It would be awkward if the answer was no, wouldn't it? But yes, it is possible for students with no income and credit history to apply for a credit card. Here's how:

How to Get a Credit Card for Students

Find out what types of credit cards students can get:

👉 Supplementary Cards

The easiest way to get a credit card for a student is for you, the parent or guardian, to apply for a supplementary card. Students can enjoy the same benefits as the primary credit card. Note that you'll be sharing the credit limit, so make sure to educate your child on proper spending.

👉 Secured Credit Cards

If your child has a bank account, call your bank and apply for a secured credit card. They won't ask you for income documents but will instead set the credit limit depending on the deposit. The bigger the savings, the bigger the credit limit.

👉 Low-Income Credit Cards

If your child has a part-time job, they can apply for a low-income credit card. With a small income, they can easily meet the requirements of the most basic credit cards. Plus, these credit cards usually come with little to no additional fees.

Pros and Cons of Getting a Credit Card for Students in the Philippines

credit card for students philippines - pros and cons

Should a student get a credit card? Weigh the advantages and disadvantages to make a wise decision: 

👍 Helps Build Credit History Early

Once your child enters the real world, they’ll find that a good credit history serves as a badge of honor and opens the door to loans with good rates. 

They can start building a good credit history by being a responsible cardholder. 

👍 Teaches Good Financial Habits 

A credit card teaches you to be mindful of your spending. Remind your child that if they don’t track their purchases and pay bills on time, they’ll find themselves covering penalties.

Plus, responsible cardholders get to enjoy higher credit limits down the line. 

👍 Earns Rewards 

Depending on the type, credit cards can earn points, airline miles, and rebates. Your child can use these rewards to treat themselves. For instance, they can exchange points for gift vouchers and exclusive merchandise. 

👍 Helps Deal With Emergencies 

A credit card can help students deal with unexpected school expenses, such as supplies, books, and even field trips. 

For fairness’ sake, here are some of the drawbacks of getting a credit card for students in the Philippines:

👎 May be Confusing to Use at First 

Since it’s full of jargon, the Statement of Account (SOA) may confuse your child. Make sure to sit them down and explain how certain things, like interest rates, work. 

👎 Low Credit Limit 

Credit cards for students in the Philippines tend to have low credit limits. Students with little to no income are typically considered high-risk clients. 

👎 Can be Tempting to Use All the Time 

With its convenience, your child may be tempted to use it for every transaction. A plastic card can give them a false sense of financial freedom. 

Best Credit Cards for Students in the Philippines

Ready to find the best credit card for students? Here are your top options: 

UnionBank Rewards Credit Card

UnionBank Rewards Credit Card

✅ Minimum monthly income requirement: ₱15,000

📌 Key features and benefits:

  • 1 rewards point for every ₱30 spend
  • 3X points for shopping and dining transactions here and abroad
  • Virtual card for online shopping

If you want a student credit card that makes spending rewarding, the UnionBank Rewards Credit Card is worth looking at. Every ₱30 spend earns 1 rewards point. Earn up to 3x points for shopping and dining transactions.

Once your child earns enough points, they can redeem gadgets, merch, and cash credits.[1] 

Read more: UnionBank Credit Card Welcome Gifts for Music and Coffee Lovers


🎁 Free Gift from Moneymax: Marshall Emberton II, Dolce Gusto Genio S Plus, Apple AirPods 2, or JBL Tune 720BT, or Giftaway Cash Credits

moneymax unionbank credit card welcome gift

Eligible card: Any UnionBank credit card 

Promo period: Until June 30, 2024

Get a Marshall Emberton II worth ₱9,990, Dolce Gusto Genio S Plus worth ₱8,699, Apple AirPods 2 worth ₱8,490, JBL Tune 720BT Wireless Headphones worth ₱4,699, or Giftaway cash credits worth ₱4,000! Just apply for any UnionBank credit card via Moneymax, get approved within the promo period, and then meet the ₱10,000 spend requirement within 60 days from your card approval date.

This Moneymax UnionBank welcome gift promo runs until June 30, 2024 only.

Per DTI Fair Trade Permit No. FTEB-193077 Series of 2024. Terms and conditions apply.

Per DTI Fair Trade Permit No. FTEB-193104 Series of 2024. Terms and conditions apply.

Per DTI Fair Trade Permit No. FTEB-194518 Series of 2024. Terms and conditions apply.

Note: The promo is exclusive to carded applicants who do not have an existing principal credit card issued by UnionBank and/or Citi.


Metrobank Titanium Mastercard®

Metrobank Titanium

✅ Minimum monthly income requirement: ₱15,000

📌 Key features and benefits:

  • 1 rewards point for every ₱20 spend
  • 2x points on online, department store, and dining transactions
  • Exclusive discounts and promos

The Metrobank Titanium Mastercard® is a great credit card for students. With this card, earn 2x points for department store and online purchases, such as school supplies.[2] The points don’t expire, so your child can let them accumulate and use them when they’re ready.

Read more: 


🎁 Free Gift from Moneymax: ₱2,500 Cash Credits, Dolce Gusto Piccolo XS, or JBL Clip 5

moneymax metrobank credit card promo

Eligible cards: Metrobank Titanium Mastercard®, Platinum Mastercard®, and World Mastercard®

Promo period: Until June 30, 2024

How do you get a Metrobank credit card welcome gift? Simple! Just apply and get approved for any eligible card through the Moneymax website.

Choose between a Dolce Gusto Piccolo XS worth ₱5,199, a JBL Clip 5 worth ₱3,799, or Giftaway cash credits worth ₱2,500.

This Moneymax Metrobank eGift/Dolce Gusto/JBL promo runs until June 30, 2024 only. Hurry and apply now!

Per DTI Fair Trade Permit No. FTEB-194371 Series of 2024. Terms and conditions apply. 

Note: Applicant must be an existing credit cardholder in good standing for at least nine months.


HSBC Gold Visa Cash Back 

HSBC Gold Visa Cashback

✅ Minimum monthly income requirement: ₱16,667

📌 Key features and benefits:

  • Waived annual fee on the first year
  • 5% cash back on dining transactions
  • 1% cash back on back-to-school transactions (department store transactions) during May, June, July and August
  • 0.5 cash back on other transactions
  • Travel privileges at more than 27,000 establishments across 160 countries, regions, and territories

A student credit card that earns cashback can help your child spend wisely and manage their finances. The HSBC Gold Visa Cash Back might be the one for the job.  

Your child can use the HSBC Gold Visa Cash Back to buy school supplies and earn a 1% rebate on said purchases. 


🎁 Free Gift from Moneymax: Giftaway Cash Credits, JBL Flip 6, or JBL Wave Beam

moneymax hsbc credit card promo

Eligible cards: HSBC Red Mastercard and Gold Visa Cash Back

Promo period: Until June 30, 2024

Not an HSBC credit cardholder yet? Apply for an HSBC card through Moneymax during the promo period (and get approved subsequently) to receive an exciting welcome gift! Choose from free Giftaway cash credits worth ₱3,000, a JBL Flip 6 worth ₱7,499, or a JBL Wave Beam worth ₱3,799

This Moneymax HSBC Giftaway/JBL promo runs until June 30, 2024 only. So hurry and apply now!

Per DTI Fair Trade Permit No. FTEB-192974 Series of 2024. Terms and conditions apply. 


HSBC Red Mastercard

HSBC Red Mastercard

✅ Minimum monthly income requirement: ₱16,667

📌 Key features and benefits:

  • 4x bonus points on online, shopping, and dining transactions
  • Up to 6% rebate on fuel purchases
  • Travel privileges at more than 27,000 establishments across 160 countries, regions, and territories

Student credit cards don't have to be boring. With the HSBC Red Mastercard, your child can get up to 4x rewards with every swipe! If your child drives to school, they can also get up to a 6% rebate on fuel spend. 

Security Bank Fast Track Secured Credit Card

Security Bank Fast Track Secured Credit Card

✅ Minimum deposit requirement: ₱25,000

📌 Key features and benefits:

  • No annual fee for the first year
  • Credit limit is at 80% of the holdout amount
  • Rewards points for every transaction (applies to Gold and Platinum Mastercard only)
  • Fast processing in three banking days

Secured credit cards are a good way to start your child’s credit card journey. For starters, you can open a bank account for them at Security Bank and apply for a secured credit card afterward. With only a ₱25,000 minimum deposit, they get a credit card to use for school-related purchases.


🎁 Free Gift from Moneymax: ₱2,500 Cash Credits, JBL Charge 5 Speaker, or Sony WH-CH520 Wireless Headphones

security bank welcome gift

Eligible cards: Gold Mastercard, Complete Cashback Platinum Mastercard, Platinum Mastercard, World Mastercard

Promo period: Until June 30, 2024

Want a credit card from Security Bank? You're in for a treat if you apply and get approved for an eligible card through Moneymax and meet the minimum spend requirement. Pick your free Security Bank welcome gift: ₱2,500 Giftaway cash credits, a JBL Charge 5 worth ₱7,599, or Sony WH-CH520 Wireless Headphones worth ₱3,299.

This Moneymax Security Bank Giftaway/JBL/Sony credit card promo runs until June 30, 2024 only. Apply now!

Per DTI Fair Trade Permit No. FTEB-194368 Series of 2024.  Terms and conditions apply. 


BPI Edge Card

BPI Edge Card

✅ Minimum monthly income requirement: ₱15,000

📌 Key features and benefits:

  • Waived annual fee on the first year
  • 1 BPI Rewards Point per ₱50 spend
  • 0% installment

Marketed as a credit card for young professionals, the BPI Edge Card can also work as a reliable college student credit card. One of its most appealing points is its multiple installment options, such as 0% installment, Buy Now Pay Later, and extra installment limit with its Bonus Madness Limit. 

BPI Amore Cashback Card 

BPI Amore Cashback Card

✅ Minimum monthly income requirement: ₱15,000

📌 Key features and benefits:

  • 4% cashback on supermarket purchases
  • 1% cashback on drug store and utility-related transactions
  • 0% installment

The BPI Amore Cashback Card is one of the best college student credit cards, especially for those living away from home in a dorm. Your child can use this card for groceries and other household needs to earn 4% cashback. Meanwhile, they can earn 1% cashback on utilities, personal care purchases, and health essentials. 

BPI Rewards Card

BPI Rewards Card

✅ Minimum monthly income requirement: ₱15,000

📌 Key features and benefits:

  • 1 BPI Rewards Point per ₱35 spend
  • Exclusive discounts and promos all year round
  • Lower forex conversion rate

The BPI Rewards Card is not just a household credit card—it can double as a college student credit card, especially for those living on their own. Every ₱35 spend earns 1 BPI Rewards Point. Points can be used to redeem shopping credits, gift vouchers, airline miles, and more.

If your child has an upcoming school trip abroad, they can pay for purchases using this card and enjoy a low conversion rate of 1.85%

PNB Ze-Lo Mastercard

PNB Ze-Lo Mastercard

✅ Minimum monthly income requirement: ₱10,000

📌 Key features and benefits:

  • No annual fee for life
  • No late payment and overlimit fees
  • Low interest rate
  • 0% installment at PNB-affiliated merchants 
  • No annual fee for life for supplementary cards

The PNB Ze-Lo Mastercard is the perfect credit card for college students. Your child can access a credit line without needing to pay annual fees—forever!

If your child can’t settle the bill right away, the PNB Ze-Lo Mastercard fortunately doesn’t impose late payment fees. 

PNB Visa Classic

PNB Visa Classic

✅ Minimum monthly income requirement: ₱10,000

📌 Key features and benefits:

  • 1% rebate on revolved interest
  • Low annual fee
  • No annual fee for life for supplementary cards

With its low income requirement, the PNB Visa Classic is the working student’s perfect credit card. Other than earning rebates, this card allows cardholders to convert their credit limit into cash in case of unexpected expenses.[3]

AUB Secured Credit Card

AUB Easy Mastercard-1

✅ Minimum deposit requirement: ₱25,000

📌 Key features and benefits:

  • No annual fees for life
  • No income document required
  • Credit limit is at 80% of the holdout amount

If your child has savings, you can open a bank account at AUB and apply for an AUB Secured Credit Card. While you may find its minimum deposit requirement a bit high, you'll be rewarded with waived annual fees for life. Any student can easily manage this credit card.

Read more: Moneymax Reviews: Comparing AUB’s Budget-Tier Credit Cards

Final Thoughts

Financial responsibility doesn't require a certain age. It's never too early to start being responsible when it comes to finances. 

So as early as now, consider getting your child a credit card for students in the Philippines!

Looking for more options? In the meantime, check out this list of credit cards for beginners:

Credit Card for First-Timers Features and Benefits
UnionBank Rewards Credit Card
2023 UnionBank Rewards VISA
APPLY-NOW - UnionBank Rewards Visa
  • Monthly income requirement: ₱15,000
  • Interest rate: 3%
  • Perks:
    • 3x points when you shop and dine here and abroad
    • 1 never-expiring point per ₱30 spend
Metrobank Titanium Mastercard®
 METROBANK TITANIUM MASTERCARD
APPLY-NOW - Metrobank Titanium
  • Monthly income requirement: ₱15,000
  • Interest rate: 3%
  • Perks:
    • 2x rewards points on dining, department store, and online purchases
    • 1 point for every ₱20 spend
Security Bank Gold Mastercard
Security Bank Gold Mastercard 2023
APPLY-NOW - Security Bank Gold
  • Monthly income requirement: ₱30,000
  • Interest rate: 3%
  • Perks:
    • 1 rewards point per ₱20 spend
    • Secure online shopping with SecureCode
BPI Rewards Card
credit cards for beginners - BPI rewards card
APPLY-NOW - BPI rewards card
  • Monthly income requirement: ₱15,000
  • Interest rate: 3%
  • Perks:
    • 1 BPI Point per ₱35 spend
    • Up to 36 months of installment terms
    • Up to ₱2 million travel insurance coverage
BPI Edge Card
BPI Edge
APPLY-NOW - BPI Edge Mastercard
  • Monthly income requirement: ₱15,000
  • Interest rate: 3%
  • Perks:
    • 1 BPI point per ₱50 spend
    • Flexible installment plans and payment options
PNB Ze-Lo Mastercard
pnb zelo
COMPARE NOW - PNB Ze-Lo Mastercard
  • Monthly income requirement: ₱10,000
  • Interest rate: 2.5%
  • Perks:
    • Zero annual fees for life
    • No late payment or overlimit fees
AUB Easy Mastercard
AUB-EASY
COMPARE NOW - AUB Easy Mastercard
  • Monthly income requirement: ₱50,000
  • Interest rate: 3%
  • Perks:
    • No annual fees for life
    • 0% interest on new purchases
    • Flexible credit card payment due date
AUB Classic Mastercard
AUB_CLASSIC
COMPARE NOW - AUB Classic Mastercard
  • Monthly income requirement: ₱50,000
  • Interest rate: 3%
  • Perks:
    • No annual fee for life
    • 0% interest on new purchases
    • 1 rewards point per ₱50 spend

Sources: 

Jay is a marketing communications professional who specializes in short-form and long-form content. He has written ads for TV, radio, print, and digital. He has also produced corporate blogs, magazine features, white papers, product listings, reviews, and press releases for clients here and abroad. When he’s not writing, Jay plays the piano or takes pictures for his visual diary. Follow Jay on LinkedIn.

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