Top 3 Free Credit Cards In The Philippines

Today, there is no denying that the economy is suffering from various circumstances. Because of this, getting your own credit card that has absolutely ZERO annual fees is a must.

ADVERTISEMENT

This ensures that you are getting your money’s worth, while still enjoying the exclusive deals and discounts you deserve.

If you are interested in applying for your own card, here is a list of the top 3 free credit cards in the Philippines.

ADVERTISEMENT

1. AUB Classic MasterCard

Want a credit card that has no annual fees, allows you to choose when to pay and how much to pay? Get your own AUB Classic MasterCard today!

The AUB Classic MasterCard is a great way to jumpstart your search if you are looking for a credit card that has NO annual fees, not even on supplementary cards. Even more enticing is that this is the only card that allows you to choose when to pay and how much you want to pay. Now, how’s that for flexible payment terms?

Some of the benefits you can gain from using this card include being a member of their exclusive rewards program. For every ₱20 you spend using your AUB Classic MasterCard, you will gain 1 reward point. Even better, you get to enjoy ZERO interest on all new purchases! Use your accumulated points to redeem free flights and service class upgrades on Philippine Airlines using the Mabuhay Miles Frequent Flyer Program!

ADVERTISEMENT

To apply, simply fill out the card request form online. You must also be between the ages of 21 and 65 and must have a gross annual income of at least ₱252,000. You must also have a valid landline phone number. For more information, click here.

Fees and Rates

  • 3.5% interest
  • Annual fees for supplementary and primary cards – none

Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information. 

2. PNB The Travel Club Platinum MasterCard

Looking for a credit card that has ZERO annual membership fees for life yet still provide reward points and get Mabuhay miles and cash credit, then PNB The Travel Club Platinum MasterCard is for you. Apply now!

Another credit card you might want to consider is the PNB The Travel Club Platinum MasterCard. It takes pride in offering you ₱0 annual membership fees for life!

What’s more, you can gain access to their rewards program where for every ₱40 spent at The Travel Club and ₱70 spent elsewhere, you will be given 1 rewards point. You will also be given a special benefit of 0% interest on instalments. Use these accumulated points to get Mabuhay miles and cash credit.

To be eligible, you need to be between the ages of 21 to 65 years old and must have a monthly income of ₱40,000. To apply, simply fill out the application form found on their website and submit the form to PNBCreditCards@pnb.com.ph.

The rates and fees with this card include, but are not limited to: account maintenance fee of Php 200 for Peso account (US$5 for Dollar account), a card replacement fee of Php 400, cash advance fee of 5% of CA amount for Peso or 2% for a Dollar + transaction fee
of Php 100 (Peso) or US$3 (Dollar), a finance charge of 3.25% for Peso and 2.5%
for Dollar, a 2.5% foreign currency conversion service fee, a late payment fee of 7% (Peso) or 5% (Dollar), a lost card fee of Php 400, and an over limit fee of Php 300 or US $10.

Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information. 

3. Citibank Simplicity+ Credit Card

If you're looking for a no-frills credit card that allows you to enjoy no annual fees, no late payment fees and no over-limit chargers but still provide you with amazing benefits, them apply for a Citibank Simplicity+ Credit Card now!

For those who love a no-frills credit card, the Citi Simplicity+ Card is your best bet. Aside from allowing you to enjoy NO annual fees every single year, you also get to enjoy NO late payment fees and NO over-limit charges.

Some of the other benefits you can enjoy include 10% interest back on interest charges when you pay at least the minimum on or before the due date.

To be eligible, you should be at least 21 years old and have a minimum income of ₱180,000 per year if you have another credit card or ₱250,000 if you have none. You also need to have an active landline or mobile phone number and a valid government-issued ID. The whole process in applying for the Citi Simplicity+ Card can be completed in just 15 minutes so visit their website today!

Remember, each one of these banks will ask for personal and professional supporting documents. These include a valid ID, proof of billing, and proof of income.

Fees and Rates

More comprehensive rates and fees information can be found on the website. See some of these charges below.

  • Retail monthly effective interest rate – until November 2, 2020: 3.50%; starting November 3, 2020: 2.00%
  • Cash advance monthly effective interest rate – until November 2, 2020: 3.63% including the Citi Cash Advance Service Charge; starting November 3, 2020: 2.04% including the Citi Cash Advance Service Charge
  • Foreign transaction fee – up to 3.525%
  • Disbursement fee – Php 250
  • Card replacement fee – Php 400

Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information. 

Contact Info for the Banks Mentioned

You can call Citibank at 8995 9999 (in Metro Manila) or +63 (2) 8995 9999 from abroad, AUB at 8-282-8888, and PNB at 8818 9818.

Citibank’s head office address is Citi Plaza located at 34th Street, Bonifacio Global City, Taguig, 1634.

AUB is located at Joy~Nostalg Center, No. 17 ADB Avenue, Ortigas Center, Pasig City, Philippines.

PNB is located at 8F PNB Financial Center, Pres. Diosdado Macapagal Boulevard, Pasay City, Philippines 1300.

Conclusion

Pick your favorite from these top 3 free credit cards in the Philippines today and start enjoying their benefits! Apply now!