Philippine Banks with Easy Credit Card Approvals

Using different types of credit cards is a hassle-free method to do things like shopping, paying payments, and scheduling trips. Saving money by using a credit card is possible since many of them give rebates in the form of cash, points, or air miles. On top of that, a strong credit score may also be established and built with a credit card usage, which is a total asset when you are applying for a house and lot Philippines loan.

Thankfully, there are credit cards that are far simpler to be accepted than others, and the banks that often provide secured credit cards are listed below.

Where to Easily Apply for a Secured Credit Card in PH?

If you’re a first-time applicant and looking for easy approval of your credit card application, we compiled not just three major credit bureaus but five banks, which offer secured credit cards in the Philippines that you should check out:

A. AUB

AUB Easy Mastercard

There aren't a lot of hoops to go through to get an AUB Easy Mastercard. These credit cards to get lets you pay whenever you want: monthly, bimonthly, weekly, or whenever it suits you. The deadline is flexible. In addition, you have the liberty to choose a fixed amount dependent on how often you pay down your credit card balance.

AUB Classic Mastercard

The AUB Classic Mastercard is a worthy upgrade if you're seeking the same simple application process with no annual or hidden fees. The Classic Mastercard, however, has one major advantage over the Easy Mastercard: you may sign up for an unlimited number of additional cards without ever having to pay an annual fee.

Both Easy and Classic Mastercards have the following features. Annual fee: No annual fee (lifetime) | Interest rate: 3% | Monthly income requirement: Php 21, 000

AUB Platinum Mastercard

Although the income threshold is greater than for the other cards here, the other criteria for this platinum-secured credit card is straightforward and easy to meet. In addition, your lifetime membership price will be covered. This platinum credit card is also ideal for regular travelers and foreign transaction fees alike thanks to perks like no interest on purchases, points that can be transferred to the Mabuhay Miles regular Flyer Program, and free use of airport lounges. Also, extra cards may be added as many times as you want.

Annual fee: Free | Interest rate: 3% | Monthly income requirement: Php 100, 000

B. Bank of the Philippine Islands (BPI)

BPI Edge Mastercard

The Edge Mastercard from BPI has the lowest income threshold and lowest yearly fees of all of their normal credit cards. BPI also just requires a valid government-issued id and proof of income. Moreover, this card provides access to a wide variety of benefits. Get a BPI point for every 50 you spend, and then use those points to buy stuff or get perks.

Interest rate: 3% | Monthly fee: Php 110 (Free for the first year)  | Monthly income requirement: Php 15, 000

BPI Blue Mastercard

BPI Blue Mastercard is ideal for first-time cardholders because of its low yearly income criteria. This card offers convenient interest-free financing options for up to 36 months, making purchases easier to handle. Plus, for every 35 you spend, you'll get one BPI point that can be used for exclusive discounts.

Annual fee: Php 1, 550 | Interest rate: 3% | Monthly income requirement: Php 15, 000

Petron-BPI Mastercard

One of the handiest credit cards in the Philippines is the Petron-BPI Mastercard, which is similar to the BPI Blue Mastercard in terms of yearly income and application conditions. If you are always on the go, though, the Petron-BPI credit card is the best option.

Get this card and have 200 gasoline coupon in addition to a 3% discount on petrol purchases made at participating Petron stations and other vehicle-related benefits.

Annual fee: Php 1, 550 | Interest rate: 3% | Monthly income requirement: Php 15, 000

BPI Amore Cashback Card

The income threshold for this card is rather low, but the benefits are substantial. With this card, you'll have exclusive access to all Ayala Malls in the country. Cash rewards credit card of 4% is available on groceries, while 1% is available on utilities and medicines. Also ideal for those who like doing their shopping overseas, the BPI Amore Cashback Card has one of the lowest foreign exchange rates among major credit cards at 1.85%.

You may also turn your credit line into cash and pay it off in 36 monthly payments on top of the cash advance of up to 30% of your credit limit.

Annual fee: Php 2, 050 | Interest rate: 3% | Monthly income requirement: Php 15, 000

C. Philippine National Bank (PNB)

PNB Ze-Lo Mastercard

The PNB Ze-Lo Mastercard has a low monthly income threshold and requires few paperwork submissions. The absence of yearly fees, overlimit fines, and late payment costs boosts its appeal. If you often travel internationally, you'll be happy to hear that this card is accepted almost everywhere.

You can borrow maximum of 30% of your available credit as a cash advance. In addition, the Zero% Affordable Payment Plan offers 0% interest for 24 months if you make purchases through the bank's retail partners.

Annual fee: Zero annual fees for life | Interest rate: 3% | Monthly income requirement: Php 10, 000

PNB Visa Classic

This PNB credit card is among the simplest to get. There is no annual cost for the first year with the PNB Visa Classic, and the price is rather cheap.

Annual fee: Php 300 (Free for the first year) | Monthly income requirement: Php 10, 000 | Interest rate: 3%

PNB Essentials Mastercard

The PNB Essentials Mastercard's Card Protect Feature allows for safe, contactless purchases. Free insurance on purchases, trips, and fraud insurance is provided. This credit card is very useful if you like to travel. You may use it in places where Visa is accepted, including online, pay in Philippine pesos for purchases made in other countries, and redeem Mabuhay Miles or Cash Credits for incentives.

Annual fee: Php 1, 200 | Interest rate: 3% | Monthly income requirement: Php 10, 000

D. RCBC

RCBC Classic Mastercard

The RCBC Classic Mastercard proves that tried-and-true methods never fail. It's one of the simplest credit cards to be authorized in the Philippines due to a low-income threshold and a short list of necessary documents.

Starting at only 36 per purchase, you can start earning points toward free flights, cash back, and other fantastic rewards. In addition, you get access to a cost-free budget tracking tool.

Annual fee: Php 1, 500 | Interest rate: 3% | Monthly income requirement: Php 15, 000

RCBC Flex Visa

The RCBC Flex Visa is similar to the Classic Mastercard in terms of criteria, but it provides additional incentive options. You may choose two categories each billing cycle to get double rewards points. You may trade in your points for gift cards or cash discounts.

This card offers frequent fliers perks, including complimentary airport lounge access, travel insurance (Travel Plus Lite), and purchase protection.

Annual fee: Php 1, 500 | Interest rate: 3% | Monthly income requirement: Php 15, 000

E. Security Bank

Security Bank Fast Track Secured Credit Card

For new or current customers of Security Bank in the Philippines who are seeking a credit card despite poor credit, you may want to check into the secured Fast Track program credit card. You may receive this card without proving income by opening a bank deposit account and depositing the requisite minimum hold-out amount, which is perfect for student credit cards.

It also has one of the quickest approval times in the Philippines, at only three days following the submission of the necessary documentation.

Annual fee: Php 2, 000 to Php 4, 000 (Depending on your Security Bank credit card; free for the first year) | Interest rate: 3% | Monthly income requirement: None

The requirements for approval by various credit card companies are different. However, being authorized for a fair credit card isn't always simple, particularly if you have a poor credit report or no credit history to speak of. Fortunately, you can choose one from this list of easy-approval credit card company.

Say goodbye to an unsecured credit card and aim for a higher credit line with your security deposit while avoiding bad credit with these banks. Start a profitable investment with an affordable house and lot for sale.

With Lumina Homes and these partnered banks, you can now hit two birds with one stone! Discover how good credit can help you with your investment in an affordable house and lot, and make your reservations now.