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Security Bank Credit Cards
Many Filipinos nowadays are considering getting their own credit card but the process of choosing which one to get can be overwhelming because of many choices offered by different banks. First time credit card seekers often choose mainstream credit cards offered by more popular banks, but if you do your research, you can find more options that can be more suitable for your finances.
Security for your finances
Security Bank is often overlooked by first-time credit card users because of bigger and more often used credit cards. However, Security Bank offers a good selection of credit cards tailored for the needs, lifestyle, and personal preferences of different users. A credit card from Security Bank can also qualify you for perks such as five supplementary cards for your immediate family, flexible payment options with an installment program, and convenient payment facilities.
Basic Security Bank credit cards
Security Bank has a line of MasterCard Gold/Classic credit cards, which you can choose if you are first time credit card user. These credit cards give you a waived annual membership fee on your first year, and you can issue a maximum of five supplementary credit cards. It also qualifies you for the Evergreen Rewards points, where every P30 you spend qualifies you to one point.
The interest rate is considered low at 3.25% on transactions, and it also offers a Cash Advance Facility of a maximum of 50% for the MasterCard Gold. Meanwhile, a 30% Cash Advance Facility is offered to the MasterCard Classic.
24-hour customer support
Users can feel secure with their credit card in case they encounter problems or have questions because the customer contact center is available 24/7 and accessible by phone. Paying for bills is also easy with Security Bank’s convenient payment facilities and bills assist program, and users can also qualify for the ChargeLight Installment Program which makes it easy for them to pay for pricey purchases.
Special credit cards
Security Bank also offers specifically tailored credit cards for corporate use and for frequent travelers, such as the Diners Club Premier/International and the MasterCard Corporate Credit Card. The Platinum MasterCard is also offered by Security Bank and it is useful for frequent spenders and travelers who like first class treatment when using their credit card.
Featured Credit Cards:
- Highest credit limit
- Peso Payment convenience (gives cardholders the option to purchase in any currency abroad and then pay in pesos when they get back home)
- Revolving Facility (allows cardholders to pay the minimum of 5% of their total outstanding balance or P500, whichever is higher.
- Get Cash Advance of up to 50% of your credit Limit or Php250000
- Annual fee of Php3,600
KEEPING AWAY FROM CREDIT CARD PROBLEMS
Once used properly and efficiently, credit cards are handy and suitable devices for just about anyone who is of age. It can even assist you with upcoming activities like buying a house, getting another degree and sometimes going for a leisure trip somewhere abroad with family and friends. Before you allow your teenager or yourself to get a credit card, know some of its advantages and understand some of its procedures.
A credit card can allow you to bUy products or services which you need right now but can’t afford to pay all of it at once. Sometimes it’s often the single way to pay for hotel accommodations, car rental fees or airline tickets.
Credit cards also allow it holders to purchase items over the phone or sometimes in the internet. You can shop and pay your monthly bills in the convenience of your very home! Some credit card companies offer virtual banking that lets you shop and transact business online.
It is also safer to carry a credit card than to carry cash around wherever you go. For the most part, credit cards are very useful in instant emergencies like accidents, car breakdowns or calamities.
You could actually even give anything you purchase protection, avail of travel insurances, free miles and even cash back bonuses if you charge your transactions with your credit card.
One fact is for sure; having a credit card is convenient at times but also remember that a credit card tempts you to spend money you don’t have. Always have the sense to follow up on your credit card to avoid overspending which can give you a big headache in the future. Use your credit cards in ways that you benefit from them, not them benefiting from you!
Understand what you’re getting into before you start building up credit card balances. Once used wisely, they are an absolute help in budgeting. But if not, they will turn up to be your greatest nightmare.