Credit Cards - Which Gives The Best Deal?

[jut703]

Oh OK, terminal 3 lang pala, thanks sir.

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Yung sa Unionbank, both T1 and T3.

Secbank unli local in T3 (for 1 person) tapos 2 Dragonpass per year (for 2 people).

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[vinrem]

Yung sa Unionbank, both T1 and T3.

Secbank unli local in T3 (for 1 person) tapos 2 Dragonpass per year (for 2 people).

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Thanks sir Jut.

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[Walter]

Best Cash Back rebate card would be: Security Bank Cash Back Mastercard. No waived annual fee. Maximum 1,000 rebate monthly but no other conditions. You would still net around 7,000 annually.

Cashback Rebates Mastercard | Credit Cards | Security Bank Philippines

If you travel a lot, get a card that offers free travel insurance like BDO Titanium or Platinum Mastercard.

[Ry_Tower]

With the multitude of credit cards from different banks, which gives the biggest rewards/rebates? I'm not a fan of having many cards so looking to stick with the best value card.

I determine value by computing how much it costs to earn a point and how much points it takes to earn a peso rebate.

To start, sharing what I've tried:

1. Citi PremiereMiles



• 30 pesos per mile
• 1 mile equivalent to P0.47 when buying tickets
• Net rebate (if airline miles): 1.56%
• 3,000 miles for P1,000 rebate
• Net rebate (if peso): 1.1%
• P5,000 annual fee (not waivable)
• Breakeven point (i.e. miles = annual fee): P450,000/yr
• 2 free Dragonpass Lounge access per year

This is a pretty famous card because of the low peso-to-mile conversion (most other cards are 40-50 pesos per mile). However, I've tried converting my miles to tickets and the equivalent of each mile is only 47 centavos, so you end up using a lot of miles for a ticket. That said, the 1.67% discount is still pretty huge so this is worth it if you fly a lot. Even the 1.1% cash rebate is big compared to other cards. The downside is that the P5,000 annual fee cannot be waived (at least in my experience) so you have to spend 450k (equivalent to 15k miles) to generate P5,000 worth of rebates to offset the annual fee.

Overall, a good option if you spend over 450k a year and fly a lot. Will be cancelling mine this year unless they waive my annual fee - there are other cards with waived annual fees that net out higher rewards for me.

2. BPI Visa Signature



• 20 pesos per point
• 5,000 points for P1,000 rebate
• Net peso rebate: 1.0%
• 2,500 points for 1,000 Mabuhay Miles (P50 per mile)
• Waivable annual fee
• Free access to NAIA3 Pacific Club Lounge

Launched only in 2018, this is BPI's newest card that offers cheaper points (P20 per point vs BPI's usual 35 per point) plus much lower redemption requirements (5,000 points for P1,000 rebate vs 10,000 points on other BPI cards). The best part is that annual fees can still be waived as long as you purchase regularly using the card. While the rebate of Citi PremiereMiles is still higher (1.56% vs 1.0%), the waived annual fee means that you end up with a higher net rebate with this card unless you spend north of 1M/yr.

This is now my go-to card because of its relatively high rebate and waived annual fees.

3. BPI Gold Mastercard


• 35 pesos per point
• 10,000 points for P1,000 rebate
• Net peso rebate: 0.285%
• 5,000 points for 1,000 Mabuhay Miles (P175 per mile)
• Waivable annual fee

The card's main benefit is the waived annual fee, but offers nothing much else. This card comes free from BPI if you're a Preferred Client and it used to be my only card, but you're better off with other options including BPI's own Visa Signature card.

I've also read about cashback cards (i.e HSBC) but the 5% rebate applies only to dining transactions, 3% only for Caltex, and only a 0.5% rebate elsewhere.

Anyone else know of better deals than those mentioned above?

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Is it easy to transfer from Gold to Visa? Mas okay nga yung bago ng BPI ha.

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[jut703]

Is it easy to transfer from Gold to Visa? Mas okay nga yung bago ng BPI ha.

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Yup isang tawag lang sa BPI hotline bro.

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[sirkosero]

Yup isang tawag lang sa BPI hotline bro.

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Hirap nga lang tumawag sa bpi hotline and to find the correct option...

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[jut703]

Hirap nga lang tumawag sa bpi hotline and to find the correct option...

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Took me less than 10 min to request for a card for my wife. Just choose credit card services (2), then Visa Signature (1). They only asked for 1 ID which I sent via email.

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[Lew_Alcindor]

Hinde ka ba free annual fee lifetime?

If 9 years na, dapat "founding member" ka meron nakasulat sa baba ng name.


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Hinde eh.

Ipagtanong ko yang founding na yan pag may time.

[shadow]

Hinde eh.

Ipagtanong ko yang founding na yan pag may time.

Pag wala, it means hinde ka kasama doon sa mga naunang binigyan ng card ng bdo.

Yun ang bonus. Free for life yun annual fee.

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[ninjababez]

bro jut ano yun .22% sa metrobank platinum travel?
sa ticket purchase lang ba yan applicable?

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