December 20, 2016
The Rustan’s Citibank Platinum card is a co-branded card that provides rebates on shopping at Rustan’s, Shopwise, and Store Specialists, Inc. Included in the card’s benefits package is a 0% interest on installment facilities at participating establishments and additional fraud protection.
Annual fees are waived for the first year, and you can earn up to 3x points when you shop, dine, or book with Cebu Pacific.
HSBC’s Premier MasterCard is a card built for the jet setter, featuring point gains from Asia Miles (Air Asia), Mabuhay Miles (Philippine Airlines), and KrisFlyer. You can also get exclusive privileges such as 0% instalment, flexible payment terms with all travel-related spend, and reward items such as 1,500 Mabuhay Miles and SM Gift Certificates when you apply.
With the BDO Platinum MasterCard, you can enjoy up to 6 months absolutely 0% installment on airline tickets and a free SM Advantage card. The Php 4,500 annual fee is waived for the first year, and travelers can get Php 20 Million travel insurance when you buy tickets with your card.
The Metrobank M Lite MasterCard by MetroBank is a card that fits young adults, with the ability to customize the card itself and one of the lowest finance charges in the market at 2.49%. The Php 1,500 annual fee is waived for the first year, and you can spend your points on any number of rewards, the purchase of airline tickets, or rebates if you have enough points.
The BPI Family Credit Card, powered by MasterCard, touts itself as a no-frills credit card with a low-interest rate and annual fee. The Php 1,000 annual fee is waived for the first year, and you can transfer balances from other cards to this one. It has no limits on rewards, air miles, discounts, and rewards at the hippest shops, restaurants, and coolest clubs.
Credit cards are great tools when you’ve got the discipline and the knowhow to stay on top of your bills. The best way to maximize your credit card use, and build up a positive credit score is to use it in moderation, and to know when to use it for big-ticket purchases.