Security Bank Credit Card Application: A Quick and Helpful Guide

Rouselle Isla

Rouselle Isla

Last updated January 16, 2023

Shopping for a new credit card? Whether you're a first-time credit cardholder looking for a new credit card or an experienced one searching for a higher credit limit or more exciting rewards, check out Security Bank’s credit cards. 

In this Security Bank credit card application guide, learn about its credit card offerings and how you can get one today.

Why Apply for a Security Bank Credit Card? 

Security Bank credit card application - why apply

With so many credit card options in the Philippines, why choose a Security Bank credit card? We tell you the reasons below: 

1. Easy Online Application 

You can complete your Security Bank credit card application online, saving you time and the trip to the bank. You can fill out the application form in as short as 10 minutes. 

 

2. No Annual Fee 

Depending on the Security Bank credit card you’ll apply for and get approved for, the annual fee is waived for the first year. Get the Security Bank Next Mastercard if you want a credit card with no annual fees forever. 

3. Exciting Perks and Privileges

Save money while you swipe with exclusive offers from top local and international establishments, including your favorite shops, restaurants, airlines, and hotels. 

4. Non-Expiring Points

Accumulate non-expiring rewards points with a Security Ban credit card. Earn 1 point with every ₱20 spend and redeem exciting items from Security Bank’s rewards catalog. 

5. A Variety of Great Features 

With the SimplyPay feature, use your Security Bank credit card for bank deposit payments for rent or tuition, just to name a few. Meanwhile, you can pay off your other credit card’s balance at lower installment rates with its Balance Transfer feature. 

Need cash? Convert your credit limit to cash and pay in fixed monthly installments. Make big purchases and pay in light installments with ChargeLight. Plus, pay your bills conveniently, enroll in eSoA, and increase your credit limit through its online application form.

Security Bank Credit Card Application: 5 Easy 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 

security bank credit card application - pre-qualification quiz

Take the online pre-qualification quiz[1] to know your eligibility for a Security Bank credit card. You’ll need to answer questions like whether you have a Security Bank deposit account, an existing credit card with a different bank, and if you've ever missed a loan or credit card payment.

Provide your personal information, contact details, and employment information, and then submit your answers. You’ll then be notified via email if you pre-qualify for a Security Bank credit card. 

Here are the eligibility requirements you need to qualify for a credit card from Security Bank:  

  • 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 three years 
  • 21 to 65 years old (if applying as a principal cardholder)

Security Bank credit card applicants must also have an active landline number and a valid email address.

2. Complete the Security Bank Credit Card Requirements 

Submit correct and complete requirements to facilitate a quicker Security Bank credit card approval process. You must prepare the following documents: 

  • One valid government-issued photo-bearing ID    
  • For employed, any of the following: 
    • Certificate of Employment signed by an authorized signatory
    • Income Tax Return (ITR) signed by an authorized signatory
    • One-month payslip
  • For self-employed
    • Audited Financial Statements for the last two years
    • Income Tax Return (ITR) 
    • Business Permit
    • SEC or DTI registration papers

3. Choose the Security Bank Credit Card You Want 

There are Security Bank credit cards offering cashback, no annual fees, or exclusive travel perks, just to name a few. Pick one depending on your needs and the credit card's minimum income requirement.

Here’s a rundown of Security Bank credit cards you can apply for:

Security Bank Classic Mastercard

security bank credit card application - SB Classic Rewards Mastercard

💳 Best for new credit cardholders

📌 Features and Benefits: 

  • Non-expiring rewards points 
  • 1 rewards point for every ₱20 spend
  • Up to five supplementary cards
  • Waived annual fee for the first year
  • Worldwide acceptance and exclusive Mastercard promos 
  • Unlimited access to Marhaba Lounge at NAIA 1 and 3

💸 Fees and Charges: 

  • Minimum monthly income requirement: ₱15,000
  • Interest rate: 2%
  • Annual fee: ₱2,000
  • Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower

The Security Bank Classic Mastercard is a no-frills credit card perfect for first-time credit cardholders. It offers various promos and discounts to your favorite restaurants and shops. You also earn 1 rewards point for every ₱20 you spend. And because rewards points don’t expire, you can also accumulate them and redeem the gift you want from its rewards catalog! 

Security Bank Gold Mastercard

security bank credit card application - Security Bank Gold Mastercard-

💳 Best for essential and lifestyle spenders 

📌 Features and Benefits: 

  • Waived annual fee for the first year
  • 1 rewards point for every ₱20 spend 
  • Non-expiring rewards points
  • Worldwide acceptance and exclusive Mastercard promos 
  • Up to five supplementary cards (the annual fee for the first supplementary card is waived for life)
  • Unlimited Marhaba Lounge access at NAIA 1 and 3

💸 Fees and Charges: 

  • Minimum monthly income requirement: ₱40,000
  • Interest rate: 2%
  • Annual fee: ₱2,500
  • Late payment fee:  ₱1,000 or the unpaid minimum amount due, whichever is lower

The Security Bank Gold Mastercard fits your daily essentials and lifestyle purchases. Earn points whenever you shop for groceries, eat at your favorite restaurants, or take a much-needed holiday. Accumulate non-expiring points and pick the reward you want: dine at your favorite spot or get some R and R at your dream destination. 

Security Bank Next Mastercard

security bank credit card application - Security Bank Next Mastercard

💳 Best for installment purchases

📌 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 US$200
  • No annual fee for life 

💸 Fees and Charges: 

  • Minimum monthly income requirement: ₱45,000
  • Interest rate: 2%
  • Annual fee: No annual fee for life 
  • Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower

Aside from its zero annual fees, an easy installment plan makes the Security Bank Next Mastercard the perfect credit card for those who wish to make big-ticket purchases. Auto-convert your purchases to installments and pay in three to 12 months at an add-on rate of 1%. 

You can also use Next Mastercard’s SimplyPay feature to pay for things that usually require bank deposit payments, such as tuition, rent, business suppliers, and more!  

Security Bank Complete Cashback Platinum

security bank credit card application - Security Bank Complete Cashback  Platinum

💳 Best for savvy spenders 

📌 Features and Benefits: 

  • Immediate cashback of up to 5% on five essential expenses: groceries, gas, utilities, dining, and shopping 
  • As much as ₱12,000 cashback annually 
  • Waived annual fee for the first year
  • Exclusive Mastercard promos and discounts

💸 Fees and Charges: 

  • Minimum monthly income requirement: ₱65,000
  • Interest rate: 2%
  • Annual fee: ₱3,000
  • Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower

Enjoy year-round cashback of up to ₱12,000 per year when you spend on five essential expenses with your Security Bank Complete Cashback Platinum card. There’s no minimum spending requirement. Enjoy big savings every month while also racking up rewards points.

Security Bank Platinum Mastercard

security bank credit card application - Security Bank Platinum Mastercard

💳 Best for travelers

📌 Features and Benefits 

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

💸 Fees and Charges: 

  • Minimum monthly income requirement: ₱65,000
  • Interest rate: 2%
  • Annual fee: ₱4,000
  • Late payment fee: ₱1,000 or the unpaid minimum amount due, whichever is lower

The Security Bank Platinum Mastercard is perfect for globetrotters, jet setters, and adventure seekers, as it’s packed with great travel benefits and more.

Travel with peace of mind and enjoy free travel insurance coverage. Avail of free lounge access at the Marhaba Lounge in NAIA 1 and 3 and other airport lounges worldwide. Plus, shop online with e-Commerce Purchase Protection Insurance.


4. Apply for a Security Bank Credit Card

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

How to Apply for a Credit Card in Security Bank Branches  

  1. Go to your Security Bank branch and complete 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 - how to apply online

Security Bank offers a more convenient way of applying for a credit card. Go to the Security Bank website and complete the online credit card application form.[2] The whole process takes about 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 your written information. It will take approximately five days.

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 specified in your application form.

security bank credit card application - fast track

Consider applying for Security Bank's Fast Track Program for guaranteed credit card application approval.[3] It's a secured credit card program that's 100% approved. The minimum required deposit is ₱25,000 for a savings account and ₱100,000 for a time deposit account, and your credit limit is 80% of your hold-out amount. You can get this credit card in as short as three days!

How to Activate Your Security Bank Credit Card

Primary and supplementary cardholders can activate their Security Bank credit card via SMS or the Security Bank customer service hotline at (02) 8887-9188. 

To activate your card via SMS, use your registered mobile number and text the following: 

SBCARDS [space] ACTIVATE [space] Birthdate(MMDDYY)/Expiry Date(MMYY)/Last four digits of your card number.

 

Here’s an example: SBCARDS ACTIVATE 052180/0129/1234

Then send the message to 2086 (for GLOBE and TM) or 4629 (for SMART and TNT).

How to Pay Your Security Bank Credit Card Bill

Pay your credit card bill through Security Bank Online or Security Bank Mobile App. Alternatively, you can enroll in an auto-debit arrangement to make sure you don’t miss your due dates. You can also pay over the counter at Security Bank branches, Security Bank ATMs, or any partner banks and payment centers.   

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: 

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

Security Bank Credit Card FAQs

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

security bank credit card application - how to check application status

Need to do a Security Bank credit card application follow-up? Visit Security Bank's Credit Card Application Status page[4] and enter your last name and credit card application reference number.

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

The processing time for online credit card applications is within 10 minutes. Credit card approval is within five 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 SimplyPay feature is available to Classic, Gold, Platinum, World, Cashback, and Next Mastercard principal cardholders. To qualify, your account should be active, current, and in good standing.

The maximum amount you can charge to your credit card is ₱500,000. 

4. How do I renew my Security Bank Credit Card?

Usually, banks will take care of the credit card renewal and send you a new card two to three months before the credit card expiration date. However, credit card renewal is still subject to Security Bank’s approval. 

5. How do I contact Security Bank for my credit card-related concerns?

Call the Security Bank credit card 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 

Getting a reliable credit card packed with valuable benefits and exciting features is awesome—and with Security Bank, getting a credit card has never been quicker and more convenient.

With this Security Bank credit card application guide, you can easily pick the right credit card. Don’t forget to compare credit card rates and offers before you sign and submit the forms. Good luck with your application!

Other Credit Card Options for You

In case you still want to check other credit cards, there are a lot of great cards to choose from. For example, the RCBC Classic Mastercard lets you earn rewards points and offers great perks.

Check out the Maybank Gold, which lets you earn points for every ₱25 spend, or the UnionBank Gold Mastercard, which is great for everyday purchases.

Lastly, explore the Metrobank Platinum Mastercard or the PNB Platinum Mastercard for more world-class privileges.

Compare credit cards with Moneymax

Sources: 


Rouselle has over eight years of writing experience in the personal finance niche. She has written feature stories, articles, and how-to guides on various personal finance and trending lifestyle topics. And when not writing or editing articles, Rouselle likes binge-watching Netflix shows and fixing herself a nice, tall glass of iced coffee. Follow Rouselle on Linkedin.