Credit Card Payments: 4 Ways to Use them
In terms of credit card payments, billings, and the number of cards issued[1], the Philippines’ credit card industry has indeed grown significantly in recent years. Online shopping plays a huge role on the rising number of credit card users. Studies have shown that majority of online shoppers prefer to use a credit card for their purchases.

Commonly, credit cards are used for buying items such as clothes, flight tickets, and hotel accommodations, but in what other ways can Filipinos use credit card payments? Here are four uncommon items that you can use credit card payments for:

1. Ride-sharing apps

Credit Card Payments for Grab and Uber
Instagram photo by @grab_ph

Finding efficient public transportation in the Philippines can be a challenge. Luckily, the emergence of ride-sharing apps such as Grab and Uber has made the commute easier. Riders have the option to pay not only in cash but also through card. Cashless options such as GrabPay let riders pay for their trips at a later time, providing ease and security to commuters on the go. Credit card use for ride-sharing apps also prevents the hassle of carrying change every time you book a ride.  Simply type your card details on the app and you are good to go. Note that Grab and Uber only accept Mastercard and Visa credit card payments at the moment.

2. Tuition fees

Uncommon Ways to Use a Credit Card: Tuition Fees
Instagram photo by @maxdartois

Handing large amounts of cash can be inconvenient when paying for tuition. Luckily, through credit card payments, you can now pay by installment when settling school and university fees.

BPI’s Special Installment Plan[2] (SIP) allows cardholders to pay BPI-accredited schools in full and repay at a lower monthly installment plan. De La Salle University, University of Santo Tomas, and Brent International School Manila are just some of the schools and universities part of SIP[3].

Citibank and BDO also allow cardholders to pay tuition by installment. Check your card provider as well as the school’s finance office to know the conditions in paying tuition via credit card.

3. Monthly bills

Uncommon Ways to Use a Credit Card: Household Bills
Instagram photo by @princessme5

Bills can be overwhelming, especially when they pile up every month. Avoid long service lines by paying all of your bills through a credit card. Maynilad[4], and PLDT[5] now accept credit card payments making the paying process faster and more convenient. Bayad Center also accepts payments made through BDO, Citibank, Metrobank, Security Bank, Standard Chartered, UCPB, and Unionbank cards. For a more convenient option, enroll your bills to your bank’s automatic debit facility to prevent penalties caused by late payments.

4. Home entertainment

Credit Cards | Home Entertainment
Instagram photo by @gameoneph

Home entertainment systems have almost become a necessity amongst Filipino households. LCD televisions, audio systems, and game consoles are just some of the little luxuries we work hard and save up for. Fortunately, cardholders can redeem exclusive discounts when purchasing home entertainment systems via credit card, making it a good payment option when shopping for the latest technologies.
Here are some great deals:

  • RCBC cardholders can enjoy zero interest on six-month installment when shopping at the SM Store until December 31, 2017.
  • Get a free Automatic Centre gift certificate worth P1,000 when you shop at Automatic Centre with your Citibank credit card.
  • EastWest cardholders get 15 percent off on regular-priced items at Aerophone, Aerofone, and Cybertech until December 31, 2017.

Read more: 11 Best Credit Cards for Different Types of Women in the Philippines

Final Thoughts

Apart from shopping and traveling, cardholders can use their credit card for transactions involving transportation and education. Make good use of your credit card by ensuring that it suits your personal needs and by regularly checking for deals that can help you save.