How To Apply for a Credit Card in the Philippines

  1. #7771
    Ariel
    Ariel Guest
    Reply

    How To Apply for a Credit Card in the Philippines

    Hi Im Ariel, 23 years old. Working as a full time Teacher.  Im planning to apply for a credit cardm actually this will be my first time to apply for a card. I found this forum from google. I wonder if you have any recommendation for credit card that offers tons of great deals and promos and at the same time with low interest rates?

    Thanks for the help!

  2. #9521
    Gerry
    Gerry Keymaster

    Reply To: How To Apply for a Credit Card in the Philippines

    Hey you can check this page https://www.ecomparemo.com/credit-card/banks-and-products for better understanding of credit card features and fees.

  3. #10221
    Jenny
    Jenny Guest

    Reply To: How To Apply for a Credit Card in the Philippines

    I prefer to use BDO credit cards, they have lots of promos. Also, you can get 5% rebate every 3-day sale and 1.5 points on advantage card for every P200 instead of the regular 1 point.

  4. #10241
    Mary_Jane
    Mary_Jane Guest

    Reply To: How To Apply for a Credit Card in the Philippines

    hi ecomparemo, i also want to apply for credit card, just in case i won’t win in your iPhone promo.. :) what should i do???

  5. #10311
    Raech
    Raech Participant

    Reply To: How To Apply for a Credit Card in the Philippines

    hello Mary Jane, you can check this page so that you can compare various type of credit cards according to your needs https://www.ecomparemo.com/credit-card then you can also set up an appointment with ecomparemo by clicking the contact me button beside the card you prefer. But first, you should be a regular employee then the requirements are very easy. hope this helps :)

    • This reply was modified 1 year, 6 months ago by eCompareMo eCompareMo.
    • This reply was modified 1 year, 6 months ago by eCompareMo eCompareMo.
    • This reply was modified 1 year, 6 months ago by eCompareMo eCompareMo.
    • This reply was modified 1 year, 6 months ago by eCompareMo eCompareMo.
    • This reply was modified 1 year, 6 months ago by eCompareMo eCompareMo.
  6. #11061
    Apple
    Apple Guest

    Reply To: How To Apply for a Credit Card in the Philippines

    i also want to apply for a credit card what are the requirements?

  7. #11071
    Raech
    Raech Guest

    Reply To: How To Apply for a Credit Card in the Philippines

    hi apple, first you should be a regular employee then second, you have to secure the ff documents:
    • 2 Valid ID’s, preferably Government issued.
    • Latest copy of pay slips at least 2 months.
    • Certificate of Employment, not more than 3 months old.
    • Income Tax Return (BIR 2316) for 2014

  8. #11941
    Sonny
    Sonny Guest

    Reply To: How To Apply for a Credit Card in the Philippines

    Raech thanks for that list. Is this applicable to most credit card issuers or banks?

  9. #11951
    Jayson
    Jayson Guest

    Reply To: How To Apply for a Credit Card in the Philippines

    To be lawfully allowed to engage in financial transactions with covered institutions under Philippine Law, an individual must present only one valid photo-bearing identification document as mandated by the Bangko Sentral ng Pilipinas. Below is a list of VALID IDENTIFICATION DOCUMENTS:

    * Passport issued by the Department of Foreign Affairs, or a counterpart office for foreigners
    * Driver’s License issued by the Land Transportation Office under the Department of Transportation and Communication
    * Professional Regulation Commission (PRC) ID
    * National Bureau of Investigation (NBI) Clearance
    * Police (Philippine National Police) Clearance
    * Postal ID issued by the governing city or municipality
    * Voter’s ID issued by Commission on Elections
    * Barangay Clearance Certification issued by the governing barangay
    * Government Service Insurance System (GSIS) e-Card
    * Social Security System (SSS) Card
    * Senior Citizen Card
    * Overseas Workers Welfare Administration (OWWA) ID
    * Overseas Filipino Workers (OFW) ID
    * Seaman’s Book
    * Alien Certification of Registration / Immigrant Certificate of Registration
    * Government Office and GOCC (Government-owned and -controlled Corporations) ID, e.g. Armed forces of the Philippines (AFP ID), Home Development Mutual Fund (HDMF ID)
    * Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
    * Department of Social Welfare and Development (DSWD) Certification
    * Integrated Bar of the Philippines ID
    * Company IDs issued by private entities or institutions registered with, or supervised or regulated either by the Bangko Sentral ng Pilipinas, the Securities and Exchange Commission, or the Insurance Commission

    NOTES:

    – Most banks in the Philippines, request at least two (2) valid photo-bearing documents, specially when applying for financial products like credit cards application and loans application.

    – If you need to submit anything, you need to have a clear photocopy to be left with the evaluating office / personnel, but you still need to PRESENT THE ORIGINAL DOCUMENT.

  10. #53321
    eCompareMo
    ECompareMo Keymaster

    Reply To: How To Apply for a Credit Card in the Philippines

    If you wish to apply for a credit card in any banks here in the Philippines, you should first assess yourself. Know all the eligibility requirements of the banks and check if you pass those qualifications or not. If yes, you may continue applying for a credit card.

    For first time credit card application, below are the eligibility and documents required to process your application.

    Eligibility Requirements:

    – You need to be 21 years old and above
    – Filipino Resident
    – Have at least gross annual income of Php120,000 or Up depending on the type of credit card you want to apply
    – Regular employee of at least 6 months

    Documentary Requirements:

    – Duly accomplished application form with signature
    – Any of the following proof of income
    o For employed applicants (Certificate of Employment stating hire date, position and compensation, Employment Contract, Latest Payslip/s showing at least one month income, or Latest Credit Card Statement)
    o For self-employed applicants (Recent 1 year Tax Return , Audited Financial statements, Copy of registration with SEC, DTI or the appropriate government agency, Latest Credit Card statement or certificate of bank deposit, if business is not among the top 5,000 corporations)
    o For foreigners (Philippine Visa, Alien Certificate of Registration stating the type of Visa held, Immigration Certificate of Residence or ICR). Note: Documents must have a validity of at least 1 year from the date of application

    – 2 Valid Id’s, any of the following will do (Passport, Driver’s License, Company ID, SSS, GSIS Photocard, Philippine Regulatory Commission (PRC) ID, BIR ID, Integrated Bar of the Philippines ID, ACR/ICR-Immigrant Certificate of Registration, Government Office and GOCC ID, OFW/OWWA ID).

    Once all the required documents are submitted, the banks will start to process your credit card application to them. Make sure to complete all these above mentioned requirements prior to the application process to ensure faster turn in of your application.

    Undecided on what is the best credit card that suits your need? It’s better to compare all the credit cards available in the Philippines before applying for one. You can check out our credit card online comparison tool to help you decide.

    eCompareMo.com Credit Card

    Need a Credit Card? Get the best deal here.

    Low Interest Rate or Low Annual Fee? There’s one suited specifically for you.

    Or you can check the full eligibility and documentary requirements for credit card application in the Philippines here:
    https://www.ecomparemo.com/credit-card

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