Moneymax Reviews: Go for Gold with a Security Bank Gold Mastercard

For significant purchases, you need a credit card with extensive purchasing power and plenty of benefits. The Security Bank Gold Mastercard is just that. 

Learn about its features, benefits, pros, and cons to see if it’s the right card for you. Read on for our Security Bank Gold Mastercard review. 

Security Bank Gold Mastercard Key Features

• Annual fee: ₱2,500 (waived for the first year) 
• Interest rate: 3%
• Gross annual income requirement: ₱360,000 
• Cash advance fee: ₱200
• Late payment fee: ₱1,000 or unpaid minimum amount due, whichever is lower
• Overlimit fee: ₱500
• Foreign transaction fee: 1% Mastercard assessment fee, 1.5% service fee
• Card replacement fee: ₱400

❓ Who is the Security Bank Gold Mastercard Ideal for?

The Gold Mastercard from Security Bank is a rewards credit card with a higher credit limit. It’s ideal for experienced credit cardholders who want to earn rewards points and get access to exclusive promos from partner merchants and establishments. This is for you if you’re looking for a full range of benefits in one credit card.

Why Should I Get a Security Bank Gold Mastercard?

The Gold Mastercard has one of the lowest gross annual income requirements and annual fees among Security Bank credit cards. But is this Security Bank credit card good enough? Here are the things that make this card a must-have. 

✔️ Exclusive Welcome Gift from Moneymax

Getting a Security Bank credit card just got more rewarding—especially if you apply via Moneymax. An exciting welcome gift awaits when you apply, get approved, and meet the spending requirement. 

✔️ Shop, Earn Points, and Redeem Rewards

Unlike when you shop with cash, you earn rewards points whenever you pay with your Security Bank Gold Mastercard. Earn one reward point for every ₱20 spent. Accumulate these points to redeem rewards anytime you want because these points don’t expire. 

Qualified Security Bank credit cardholders also get the chance to win one million reward points via the SBC Points Raffle Promo.^[1] Until August 31, redeem any item from the rewards catalog^[2] to earn raffle entries (one rewards redemption = one raffle entry). So start redeeming those Security Bank Gold Mastercard rewards ASAP! 

✔️ Security Bank Gold Mastercard Annual Fee Waiver

As a bonus, you won't have to worry about paying annual fees when you first get your card. Enjoy waived fees during your first year!

What Other Perks Can I Enjoy with a Security Bank Gold Mastercard?

Curious to know more about Security Bank Gold Mastercard benefits? Here are things you can enjoy with your Gold Mastercard.

👉 Convenient Worldwide Acceptance

No cash, no problem while you're abroad! You don’t need to stress yourself out looking for the nearest ATM to withdraw some money. Just pay with your Security Bank Gold Mastercard.

Enjoy worldwide acceptance at any establishment bearing the Mastercard logo. Swipe it almost anywhere and enjoy cashless payments 24/7.  

👉 Exclusive Promos from Mastercard

Treat yourself to exclusive deals and discounts when you pay with your Security Bank Gold Mastercard. Shop at partner retail stores, enjoy some me time at your favorite beauty and wellness spots, and satisfy all your cravings at your go-to cafes and restaurants with your Security Bank Gold Mastercard. 

👉 Supplementary Credit Cards for Your Family

Share your Security Bank Gold Mastercard credit limit with your family members and apply for up to five supplementary credit cards. 

👉 Unlimited Airport Lounge Access

If you’re a frequent traveler, you know just how important it is to find a comfortable place in the airport to sit, eat, drink, or relax while waiting to board your flight. Use your unlimited Security Bank lounge access to the Marhaba Lounge at the NAIA 1 and 3. Avail of this service for just US$17 per visit (US$19 per person if you have a travel companion).

👉 Convenient Installments and Payments

Avail of Security Bank Gold Mastercard installment payments via ChargeLight, through which you can pay big purchases in three to 24 months at an add-on rate of 1%. Or use SimplyPay, a feature that allows you to pay anything requiring bank deposit payments with your Security Bank credit card. 

👉 Secure Online Shopping

Enjoy an additional layer of protection whenever you check out your cart from your favorite e-commerce sites using your Security Bank Gold Mastercard. With SecureCode, you’ll always receive a one-time password to confirm your online transactions. 

Think this card suits all your needs? Apply for the Security Bank Gold Mastercard through Moneymax now: 

Best Security Bank Gold Mastercard Alternatives

Are there alternatives to the Security Bank Gold Mastercard? Yes, of course! You can check out Security Bank's lineup first:

Credit Card	Annual Fee	Minimum Annual Income Requirement	Key Features
Security Bank Gold Mastercard	₱2,500	₱360,000	1 rewards point for every ₱20 spend  Worldwide acceptance and exclusive Mastercard promos   Unlimited Marhaba Lounge access at NAIA 1 and 3
Security Bank Platinum Mastercard	₱4,000	₱780,000	Free travel insurance  Access to airport lounges worldwide via LoungeKey Mastercard E-Commerce Purchase Protection of up to US$200 2 rewards points for every ₱20 spend
Security Bank Complete Cashback Mastercard	₱3,000	₱780,000	Immediate cashback of up to 5% on five essential expenses As much as ₱12,000 cashback annually  Waived annual fee for the first year Exclusive Mastercard promos and discounts
Security Bank World Mastercard	₱5,000	₱3 million	Membership to more than 1,000 lounges in over 500 airports worldwide Free travel insurance coverage up to ₱10 million Dining, spa, and retail offers from select exclusive airport merchants Mastercard E-Commerce Purchase Protection of up to US$200

Here are other credit cards you may want to explore:

💳 UnionBank Rewards Credit Card

Looking for leveled-up rewards? Check out the UnionBank Rewards Credit Card.

Earn 1 non-expiring rewards point for every ₱30 spend. Triple the points when you shop and dine here and abroad. Use your accumulated points to redeem cash credits, gadgets, and more.

💳 Metrobank Titanium Mastercard^® 

If you love dining out and shopping online, check out the Metrobank Titanium Mastercard^®. Earn one point with every ₱20 you spend, and double reward points on online, dining, and department store purchases. 

Apply for the Metrobank Titanium Mastercard^® until December 31, 2023, and meet the spending requirement of ₱180,000 to enjoy no annual fees. 

Read more: Metrobank Credit Card Application: Eligibility, Requirements, and More

💳 Metrobank Platinum Mastercard^® 

For serious foodies and shopaholics, it’s time for you to discover the perks and privileges of the Metrobank Platinum Mastercard^®. Enjoy up to 50% discount on exclusive dining deals and free E-Commerce Protection Insurance when you shop online. Your first supplementary card also comes for free. 

💳 HSBC Gold Visa Cashback 

Instead of rewards, how about earning cashback? Get more bang for your buck with the HSBC Gold Visa Cashback credit card and earn 5% cashback on dining and 0.50% on all other transactions. To qualify for this card, you must have a minimum monthly income of at least ₱16,667.

Read more: A First-Timer’s Guide to HSBC Credit Card Application

💳 BPI Gold Mastercard 

The BPI Gold Mastercard is an excellent option for people who love shopping, dining out, or traveling. It lets you earn one BPI Point for every ₱35 spent, and you can redeem rewards such as air miles, gift vouchers, shopping credits, and more. Get special discounts, gifts, and installment deals from partner stores all year round. 

💳 BPI Amore Cashback 

Another excellent cashback credit card you can consider is the BPI Amore Cashback. Earn 4% cashback for groceries and essential household needs and 1% cashback on utilities and drugstore purchases. For all other local retail transactions in-store or online, you get 0.3% cashback. 

Read more: BPI Credit Card Application: Requirements, Process, and More

Security Bank Gold Mastercard Review: Final Thoughts

If you have your eye on a Security Bank credit card, consider the Security Bank Gold Mastercard, which has one of the lowest gross annual income requirements and annual fees. However, it caters to more seasoned credit card users with higher incomes. 

You can also get a Security Bank Gold Mastercard with no annual fee and exciting welcome gifts if you apply within the promo period and meet the spending requirement. 

Hopefully, this Security Bank Gold Mastercard review helps you decide whether it’s the right credit card for your needs and lifestyle! 

Sources:

• ^[1] One Million Rewards Points Promo
• ^[2] Security Bank Rewards Catalog