60-day Payment Extension - BDO

BDO Payment Extension is about credit cards from March 15, 2020 to April 16, 2020 without adding up penalties and interests.

To be qualified into BDO 60day extension, the cardholder must have an updated credit card payments or with good standing as of March 6, 2020 when the R.A 11469 applies.

Payment extension is applicable NATIONWIDE not only in NCR and it covers ALL BDO CREDIT CARDS.

If you want to pay for your credit card, you may check the following options below.

1. BDO ATM
2. BDO Mobile Banking/Online Banking
3. BDO Branches
4. GCash

Waived charges guidelines:

Fully paid accounts - total amounts due in previous SOA on time but failed to pay that the due date may fall from March 16, 2020 to April 15, 2020. Late payment fees and surcharges will be reversed in the next 2 SOA.

Not fully paid accounts or paid less than what is billed - late payment fees (interest on interest) on with due falling on March 16 - April 15, 2020. Late payment fees and surcharges will be reversed in the next 2 SOA.

For the monthly bills being paid by credit card, it is uninterrupted as long as it is within your credit limit.

Easy requirement Credit Cards

Looking for a credit card that best suits your needs and with easy requirements? You may check the given options below.

1. Citi Simplicity+ 

Requirements:

• At least 21 years old
• Government ID - TIN/SSS or UMID
• Active landline or mobile number
• Certificate of Employment
• Bank Statement showing your one month salary
• Payslip/ITR

Annual Fee - zero annual fee for life

   Monthly Income Requirement - 10,000.00

Interest Rate - 3.50%

2. EastWest Practical Mastercard

Requirements:

• At least 21 years old
• Home and office address must be in Metro Manila and other locations stated by EastWest Bank
• Active landline or mobile number
• Duly accomplished Application Form
• Valid ID's
• Employees - Certificate of employment, 3 months payslip

Annual Fee - 1,400 for the first year

Monthly Income Requirement - 10,000.00

Interest Rate - 3.25% for supermarket, fuel and drugstores transactions

                      3.49% for other purchases

     

3. HSBC Red Mastercard

Requirements:

• At least 18 - 70 years old
• Active landline or mobile number
• Latest ITR
• Audited financial statements (latest) or payslips (last 3 months)
• Two valid ID's (Divers License, SSS, TIN, GSIS, Company ID) 

Annual Fee - no annual fee for the 1st year

Monthly Income Requirement - 17,000.00

Interest Rate - 3.50% 

Prepaid Credit Cards

Like Bad Credit Cards, Prepaid Credit Card, it is given to those who has bad credit history. The difference is that the major credit cards is often used for business transactions like ticket and ticket reservations. This prepaid credit card is given to those who has poor credit that may engage the same transactions. This is also used by some parents for their children to limit their capacity to purchase.We can consider prepaid credit cards as secured credit cards, its most likely the same as the regular credit card, only the credit limit it generally lower than  that of regular credit card. Credit limit of prepaid credit card may base on the  security amount deposited by the account holder.

Chase Bank Credit Cards Application

Chase bank, another bank that offers credit cards. They offer two different cards. The Chase Freedom and the Slate from Chase. You can select one depending on your personality. This usually offers to those who has effective credit history. So if you are one, apply now for Chase Credit Card. To apply online, just visit Chase's official website.

HSBC Credit Cards Online Application

Hongkong and Shanghai Banking Corporation, known as HSBC, another major bank in the Philippines that also offers Credit Cards. One of the largest banking and financial group of services.

HSBC Credit Card Application

To be enable to apply for a credit card in HSBC, you must consider some important things. You must be at least 21 years of age, but not more 65 years old. Must be a resident where HSBC operates. Must have at least Php 1,000,000.00 for Platinum Visa Card, Php 360, 000.00 for Gold Visa, P120,000.00 for Classic Visa or Red MasterCard, and two valid Identification Cards (updated). You can also avail HSBC credit card through online application, at online application. i say that it would be more advantage on your part, less expensive and time saving. Please visit their website website www.hsbc.co.uk/.

BPI Credit Cards Application

Bank of Philippines Islands, also known as BPI, is one of the oldest bank that still operates here in Philippines. This is also one of the major provider of credit cards, namely Classic, Blue MasterCard, , Petron-BPI MasterCard, BPI Sky Miles MasterCard Edge, Mini Edge MasterCard, E-Credit, Gold MasterCard and Corporate Cards.

BPI Credit Card Application

To apply for one, applicants must be at least 21 years old. Minimum fixed monthly income (excluding overtime, commissions or service fees) of P20,000 for : BPI Express Credit Classic, BPI Edge MasterCard, BPI Sky Miles MasterCard, BPI Blue MasterCard, Petron-BPI MasterCard and a n income not less than P50,000.00 for BPI Gold MasterCard, P50, 000.00, with two valid Identification Cards (latest). To apply online, please visit the BPI offical website -- www.bpi.com.ph/.