Security Bank Credit Card Application Guide: How to Get One in 5 Easy Steps

Published: April 23, 2021 | Updated: May 6, 2021 | Posted by: Rouselle Isla | Credit Card


Security Bank Credit Card Application Guide | Moneymax

Shopping for a new credit card? Whether you’re a first-time credit cardholder or just looking for one with higher credit limits or more exciting rewards, there’s a Security Bank credit card that’s just right for you.

Apply online in just 10 minutes. What’s more, you enjoy a waived annual fee in the first year. All Security Bank credits also have the SimplyPay feature that lets you pay for big purchases in 12 monthly installments.

In this Security Bank credit card application guide, learn all about the bank’s credit card offerings and how you can get one today.

Security Bank Credit Card Application Steps

Ready to own a Security Bank credit card? Follow these easy steps for a hassle-free application process.

1. Check Your Eligibility for a Credit Card 

To qualify for a credit card from Security Bank, you need to be:  

  • A Filipino citizen and resident of the Philippines 
  • Employed for at least a year as a regular employee / Self-employed with a profitable business for at least 3 years 
  • 21 to 65 years old (if applying as a principal cardholder)

Security Bank credit card applicants must also have an active landline number.            

Read more: 11 Credit Cards for First-Time Applicants in the Philippines

2. Complete the Security Bank Credit Card Requirements 

Submitting correct and complete requirements will facilitate a quicker application and approval process. Prepare the following documents for your Security Bank credit card application:

3. Choose the Security Bank Credit Card You Want 

There are Security Bank credit cards that offer cash back, no annual fees, or exclusive travel perks, just to name a few. Pick one depending on your needs and on the credit card’s minimum income requirement. Currently, these are the Security Bank credit cards that you can apply for: 

💳 Security Bank Complete Cashback Mastercard 

Security Bank credit card application - Complete Cashback Mastercard

📌 Features and Benefits: 

  • Up to 5% cashback on five essentials: groceries, gas, utilities, dining, and shopping 
  • As much as PHP 12,000 cashback annually 
  • Waived annual fee for the first year

💸 Fees and Charges: 

  • Minimum monthly income requirement: PHP 30,000
  • Interest rate: 2%
  • Annual fee: PHP 3,000
  • Late payment fee: 6% of the minimum amount due or PHP 600, whichever is lower

Read more:

💳 Security Bank Classic Rewards Mastercard

Security Bank credit card application - Classic Rewards Mastercard

📌 Features and Benefits: 

  • Non-expiring rewards points 
  • 1 rewards point for every PHP 20 spend
  • Up to 5 supplementary cards
  • Waived annual fee for the first year

💸 Fees and Charges: 

  • Minimum monthly income requirement: PHP 15,000
  • Interest rate: 2%
  • Annual fee: PHP 2,000
  • Late payment fee: 6% of the minimum amount due or PHP 600, whichever is lower

Read more: Save Money With These 8 Rewards Credit Cards in the Philippines

💳 Security Bank Platinum Mastercard

Security Bank credit card application - Platinum Mastercard

📌 Features and Benefits 

  • Free travel insurance 
  • Access to airport lounges worldwide via LoungeKey
  • Mastercard E-Commerce Purchase Protection of up to USD 200
  • 1 rewards point for every PHP 20 spend
  • Waived annual fee for the first year

💸 Fees and Charges: 

  • Minimum monthly income requirement: PHP 108,333.33
  • Interest rate: 2%
  • Annual fee: PHP 4,000
  • Late payment fee: 6% of the minimum amount due or PHP 600, whichever is lower

💳 Security Bank Gold Rewards Mastercard

Security Bank credit card application - Gold Rewards Mastercard

📌 Features and Benefits: 

  • Non-expiring rewards points
  • 1 rewards point for every PHP 20 spend 
  • Exclusive Mastercard promos 
  • Waived annual fee for the first year

💸 Fees and Charges: 

  • Minimum monthly income requirement: PHP 36,667
  • Interest rate: 2%
  • Annual fee: PHP 2,500
  • Late payment fee: 6% of the minimum amount due or PHP 600, whichever is lower

Read more: 8 Best Credit Cards for Online Shopping in the Philippines

💳 Security Bank Next Mastercard

Next Mastercard from Security Bank

📌 Features and Benefits: 

  • Auto-convert big purchases to 12 monthly installments
  • SimplyPay for expenses that require bank deposit payments (tuition fees, hospital bills, rent, business suppliers, professional service fees, etc.) 
  • Online Purchase Protect Insurance coverage of up to USD 200
  • No annual fee for life 

💸 Fees and Charges: 

  • Minimum monthly income requirement: PHP 45,000
  • Interest rate: 2%
  • Annual fee: No annual fee for life 
  • Late payment fee: 6% of the minimum amount due or PHP 600, whichever is lower

Read more: 14 Credit Cards With No Annual Fee in the Philippines

4. Apply for a Security Bank Credit Card

Once you’ve chosen a Security Bank credit card, you can now apply at any Security Bank branch or fill out the online credit card application form.  

How to Apply for a Security Bank Credit Card at the Branch  

  1. Go to your Security Bank branch of choice and fill out the credit card application form.
  2. After filling it out, submit the documentary and income requirements to the designated Security Bank officer.
  3. Your credit card application will be forwarded to the credit team who will review and verify the information you’ve written down. The usual turnaround time is approximately 10 days.

How to Apply for a Security Bank Credit Card Online 

Security Bank credit card application online

Security Bank offers a more convenient way of applying for a credit card. Just go to the Security Bank website and complete the online credit card application form.[1] The whole process takes about just 10 minutes. 

Here are the Security Bank credit card online application steps:

  1. Fill out the short online application form with your particulars.
  2. Upload the documentary and income requirements.
  3. Take note of your credit card application reference number.
  4. Your credit card application will be forwarded to Security Bank’s credit team who will review and verify the information you’ve written down. This will take approximately 5 days.

Note: You can use the Security Bank online credit card application facility if you’re an existing Security Bank account holder or an existing credit card holder of any bank. 

5. Wait for Your Card to be Delivered

If your Security Bank credit card application is successful, you should receive your card at the mailing address you’ve specified in your application form.

For guaranteed approval of your credit card application, consider applying for Security Bank’s Fast Track Program.[2] It’s a secured credit card program that’s 100% approved. The minimum required deposit is PHP 15,000 for a savings account and PHP 100,000 for a time deposit account, and your credit limit is 80% of your hold-out amount.

Read more: Complete Guide to Secured Credit Cards in the Philippines

How to Pay for Your Security Bank Credit Card Bill

Pay your credit card bill through Security Bank Online or Security Bank Mobile Banker app. There’s also the option to enroll in an auto debit arrangement to make sure you don’t miss your due dates. You can also pay at Security Bank branches and ATMs, or call Security Bank Telebanker for your credit card payments.  

Security Bank Payment Partners

If you’re a UnionBank, Metrobank, PNB, or BPI account holder, you can pay your Security Bank credit card bill over the counter or via the partner bank’s ATM or online banking app.   

You can also pay at the following Security Bank payment partners: 

  • Any Bancnet or Megalink ATM
  • SM Business Services
  • 7-Eleven outlets 
  • RD Pawnshop 
  • CVM Pawnshop
  • Gemmary Pawnshop

FAQs on Security Bank Credit Cards

Security Bank credit card application FAQs

1. How can I check the status of my Security Bank credit card application?

To check your application status, visit Security Bank’s Credit Card Application Status page[3] and key in your last name and credit card application reference number.

2. What is Security Bank’s credit card application processing time?

The processing time for online credit card applications is within 10 minutes. Credit card approval is within 5 days, provided you meet the qualifications and submit all the documentary and income requirements.

3. How does the Security Bank SimplyPay credit card feature work? 

With SimplyPay, you can pay for expenses that require a bank deposit and charge it to your Security Bank credit card. For expenses like rent, tuition fees, hospital bills, insurance payments, or business and professional service fees, you can use your credit card and pay in 12 monthly installments.

The maximum amount you can charge to your credit card is PHP 500,000. To qualify, your account should be active, current, and in good standing.

The SimplyPay feature is available to Classic, Gold, Platinum, World, Cashback, and Next Mastercard principal cardholders.

Call the Security Bank customer service hotline at (02) 8887-9188 or the toll-free number 1-800-1-888-1250 for inquiries like credit card delivery status or tracking, accredited payment centers, or billing issues. You may also send an email to customercontact@securitybank.com.ph. 

Final Thoughts 

It’s good to have a reliable credit card that’s packed with useful benefits and exciting features. With Security Bank, getting a credit card has never been quicker and more convenient.

May this Security Bank credit card application guide help you pick the right credit card for you. Remember to always compare credit card rates and offers before you sign and submit the forms. Good luck with your application!

Related reading:

apply for a no annual fee credit card

Sources: