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In today’s fast-paced world, having a credit card is not just a luxury but a necessity. It offers convenience, security, and financial flexibility, making it a valuable tool for managing your finances. The Philippine market, like other countries, has a wide array of credit card options catering to different needs, preferences, and lifestyles. Choosing the best credit card can be challenging, but worry not!

We’ve created this comprehensive guide to help you find the best credit card in the Philippines. We’ll cover everything from understanding credit cards to comparing the top options available in the market.

Understanding Credit Cards

Before we dive into the top credit cards available in the Philippines, it’s essential to understand what a credit card is and how it works. A credit card is a financial tool that allows you to borrow money from a bank or financial institution to make purchases, pay bills, and access various services. You’ll need to repay the borrowed amount, along with any applicable interest and fees, within a specified period.

Types of Credit Cards

There are several types of credit cards to cater to different needs and preferences. Here are the most common ones:

  1. Standard Credit Cards: These cards are best suited for everyday use and come with basic features, such as a credit limit and a grace period for repayment.
  2. Rewards Credit Cards: These cards offer rewards points or cashback on your purchases, which can be redeemed for various products, services, or even statement credits.
  3. Travel Credit Cards: These cards are designed for frequent travelers, offering benefits like air miles, lounge access, and travel insurance.
  4. Gas Credit Cards: With these cards, you can earn rewards or discounts on fuel purchases, making them ideal for vehicle owners.
  5. Retail Credit Cards: These cards are affiliated with specific stores or brands and offer discounts, promotions, and exclusive deals for cardholders.
  6. Secured Credit Cards: These cards require a security deposit, making them a great option for individuals with no credit history or poor credit scores.

Understanding Credit Card Terms

To choose the best credit card, it’s important to understand the terminology associated with them. Here are some essential terms:

  1. Annual Percentage Rate (APR): The interest rate charged on your outstanding balance, expressed as a yearly percentage.
  2. Credit Limit: The maximum amount you can borrow on your credit card.
  3. Grace Period: The time between the end of your billing cycle and the due date, during which you can pay off your balance without incurring interest charges.
  4. Minimum Payment: The minimum amount you must pay each month to avoid late fees and penalties.
  5. Billing Cycle: The period during which purchases, payments, and other transactions are recorded on your credit card statement.
  6. Cash Advance: A feature that allows you to withdraw cash from your credit card, usually at a higher interest rate and with additional fees.

How Credit Scores Impact Your Credit Card Application

Your credit score is a crucial factor in determining whether you’ll be approved for a credit card and the terms you’ll be offered. A higher credit score indicates better creditworthiness, which means you’re more likely to be approved for credit cards with favorable terms, such as lower interest rates and higher credit limits.

Factors to Consider When Choosing a Credit Card

With so many credit cards available in the Philippines, it’s essential to consider certain factors to ensure you’re making the right choice. These factors include:

1. Your Spending Habits

Determine how you plan to use your credit card – for everyday purchases, travel, or specific expenses like gas or retail shopping. This will help you identify the type of card that offers the most relevant benefits and rewards for your spending habits.

2. Annual Fees

Some credit cards charge an annual fee, which can range from a few hundred to several thousand pesos. Consider whether the benefits of the card justify the annual fee or if a no-annual-fee card would be a better fit for you.

3. Interest Rates

Credit cards come with varying interest rates, so it’s important to choose a card with a competitive rate, especially if you plan to carry a balance from month to month.

4.. Rewards and Benefits

Analyze the rewards programs and additional benefits offered by different credit cards. Look for a card that aligns with your spending patterns and preferences to maximize the value you can get from your card.

5. Eligibility Requirements

Each credit card has specific eligibility requirements, such as income, employment, and credit score. Ensure you meet these requirements before applying to increase your chances of approval.

Top Credit Cards in the Philippines

Now that we’ve covered the basics, let’s dive into the top credit cards available in the Philippines. We’ve categorized them based on their primary benefits to help you find the perfect card for your needs.

Best Credit Cards for Rewards

1. BDO Rewards Platinum Mastercard

  • Earn 1 point for every ₱20 spent
  • Points can be redeemed for shopping vouchers, air miles, or cash credits
  • No annual fee for the first year, ₱4,500 thereafter
  • Exclusive discounts and deals with partner merchants

2. Metrobank Rewards Plus Visa

  • Earn 1 point for every ₱20 spent on regular purchases
  • Double points for dining, shopping, and online transactions
  • No annual fee for the first year, ₱3,500 thereafter
  • Exclusive promos and discounts with partner establishments

Best Credit Cards for Travel

1. Citi PremierMiles Visa Card

  • Earn 1 PremierMile for every ₱30 spent
  • PremierMiles can be redeemed for air miles, hotel stays, or cash credits
  • No expiry on PremierMiles
  • Complimentary airport lounge access and travel insurance
  • Annual fee of ₱5,000

2. HSBC Platinum Visa

  • Earn 1 air mile for every ₱25 spent
  • Complimentary airport lounge access
  • 10% fuel rebate at participating Caltex stations
  • No annual fee for the first year, ₱5,000 thereafter

Best Credit Cards for Gas

1. Security Bank Complete Cashback Mastercard

  • Up to 5% cashback on gas purchases
  • No cap on cashback earned
  • No annual fee for the first year, ₱3,000 thereafter

2. Petron-BPI Mastercard

  • 3% fuel rebate at participating Petron stations
  • Earn 1 point for every ₱35 spent on non-fuel purchases
  • No annual fee for the first year, ₱1,500 thereafter

Best Credit Cards for Retail Shopping

1. SM Advantage Mastercard

  • Earn 1 point for every ₱200 spent at SM retail partners
  • Double points at The SM Store and SM Supermarket
  • Exclusive deals and discounts at SM retail partners
  • No annual fee for the first year, ₱2,000 thereafter

2. Ayala Malls A-Card

  • 3% rebate on all purchases at Ayala Malls
  • Priority access to sales and events
  • Exclusive promos and discounts with partner merchants
  • No annual fee for the first year, ₱2,500 thereafter

Best Credit Cards for Building Credit

1. RCBC Bankard Classic Visa

  • Designed for first-time credit cardholders or those rebuilding credit
  • Low income requirement of ₱15,000 per month
  • Flexible payment terms and credit limit management
  • No annual fee for the first year, ₱1,500 thereafter

2. AUB Easy Mastercard

  • Ideal for individuals with limited or no credit history
  • Customizable payment due date and frequency
  • No annual fee for life

Tips for Maximizing Your Credit Card Benefits

To make the most of your credit card, follow these practical tips:

1. Pay Your Balance in Full and On Time

To avoid interest charges and late fees, always pay your balance in full and on time. This will also help improve your credit score.

2. Utilize Your Card’s Rewards Program

Make the most of your card’s rewards program by using it for purchases that earn the highest rewards. Regularly check for updates on promotions and special offers to maximize your rewards.

3. Take Advantage of Additional Benefits

Familiarize yourself with your credit card’s additional benefits, such as insurance coverage, travel perks, and exclusive discounts. These can save you money and enhance your overall card experience.

4. Monitor Your Spending

Keep track of your spending to ensure you stay within your budget and credit limit. This can help you avoid overspending and manage your finances effectively.

5.. Keep Your Information Safe

Protect your credit card information from fraud by keeping your card secure, being cautious with online transactions, and regularly monitoring your account for suspicious activity.


Finding the best credit card in the Philippines may seem daunting, but with the right information and guidance, it’s possible to choose a card that meets your specific needs and preferences. By understanding the different types of credit cards, their features, and factors to consider when selecting a card, you’ll be well-equipped to make an informed decision. Don’t forget to follow our tips for maximizing your credit card benefits, and you’ll be on your way to a rewarding and convenient financial experience.