News And Articles


Annual Fee
Interest Rate

Credit card with insurance

  • Interest Rate :
  • Annual Fee :

DESCRIPTIONS:

Nowadays, owning a credit may also qualify you for credit insurance. Most credit card users are not familiar with credit card insurance, so it’s either they automatically decline the offer or accept it without enough information regarding the perks of having that feature added to their plastic money. Credit card insurance is available in different forms. Some may be beneficial while some of them are simply unnecessary, so before you sign up for a credit card with insurance, be sure to learn more about it first.

In general, there are four types of insurance for credit cards. These cover you for disability, property, credit life, and unemployment.

  1. Credit life insurance is useful for paying off your debts when you die. The policy’s beneficiary is the company that you owe.
  2. Unemployment insurance ensures that your minimum monthly payment is lowered or sometimes even completely cancelled in case you lose your job. However, your purchases are not covered if you use your credit card after involuntary unemployment.
  3. Disability insurance works to protect your credit rating through monthly minimum payments just in case you become medically disabled. A period of time is set to determine the duration of the payments.
  4. Property insurance cancels the debt on the things you bought with your credit card if those items are destroyed by certain incidents as indicated in the policy.

What to get

If you are interested in getting insurance with your credit card, consider the Manulife Standard Chartered Card. Manulife is one of the reputable insurance companies in the Philippines and it has partnered with Standard Chartered so you can protect your loved ones while enjoying the benefits of shopping and dining with your credit card abroad or locally.

When using the Manulife Standard Chartered Card, you automatically get cash rewards including:

  • A 1% cash reward on the Manulife premiums enrolled in the autopay
  • A 0.3% cash reward on other retail purchases
  • 3% on purchases or spendings made on department stores and dining establishments.

Charging everyday purchases to your credit card also lets you earn as much cash rewards points which you can use for paying a month of your insurance premium.

Sources:

http://personalinsure.about.com/od/disability/a/aa010305a.htm



Featured Credit Cards:

EASTWEST BANK PLATINUM MASTERCARD


FEATURES:

  • Get FREE LIFETIME MEMBERSHIP!
  • Delight in your ability to shop anywhere in more than 300 countries with almost 30 million establishments.
  • Finance charge of only 3.75% a month!
  • Cash advance of 5% or Php300 whichever is higher
  • Share your power to purchase to special people by requesting supplementary cards with the annual membership fees waived perpetually.

RCBC Bankard VISA


FEATURES:

<ul>
<li><strong style="mso-bidi-font-weight: normal;">&nbsp;</strong>Worldwide recognition</li>
<li>Peso Payment Convenience</li>
<li>Round the clock customer service</li>
<li>Gain unlimited rewards with transactions done with RCBC Bankard Visa</li>
</ul>

Landmark – Anson’s Card


FEATURES:

<ul>
<li>Free membership for 12 months</li>
<li>Lowest monthly fee of Php80 per month</li>
<li>Earn rewards when using your cards and exchange them for free gift certificates</li>
<li>Avail of Weekly Wednesday discounts</li>
</ul>

MABUHAY MILES WORLD MASTERCARD


FEATURES:

  • Enjoy an annual fee of only Php6000 for the primary card and Php3000 for the supplementary cards. But guess what, the first year is actually for free for both cards
  • Pay a cash advance rate of only 3.25%
  • Cash advance fee of only Php50 plus 5%, whichever is higher.
  • Get individual Dollar and Peso billings for your international and local transactions.
  • Avail of free flights out of the country with the Mabuhay Miles World MasterCard that has the lowest point of Mile conversion of only Php38!
  • Relish on customized assistance as you get special access to the Allied World Service.

Featured Articles:

The Story of Allied Bank

With a continuously evolving world, Allied Banks’ Mission remains constant. Formally known as Allied Banking Corporation, Allied Bank is one the overall largest banks in the Philippines who in terms of assets rank tenth. The other being the United Coconut Planters Bank, Allied Bank is one of the two universal banks in the Philippines that could not be traded to the Philippine Stock Exchange.

Under the laws of the Philippine Republic, Allied Bank was incorporated on April 11, 1977 and awarded by Bangko Sentral ng Pilipinas the Certificate of Authority to run as a commercial bank on May 20, 1977. December 1981, they were granted permission to operate as a universal bank or an expanded commercial bank.

Since December 31, 2007, Allied Bank was the country’s 10th largest in terms of net worth and the 9th largest private domestic commercial bank in terms of total deposits.

Because of Allied Bank’s yearning to provide its cardholders their needs they have created ground breaking services and products that will surely satisfy any customer craving. Allied bank is now delighted to offer their clients the latest and upgraded Allied bank MasterCard Credit Card.

With this new innovation, cardholders are granted the chance to take in enjoyment in both the premium and essential side life offers like dining in fantastic restaurants, shopping in exclusive stores or having that awesome vacation you have always dreamed of.

What’s more, you get to have all these while getting lots of giveaways. Earn one (1) point for every Php50 transaction to redeem them for either free gifts, services, cash points and even Miles.

More than anything else, anyone wants the world to be on the palm of his hand. Allied Bank is here to assist you with getting the life you deserve.

In short, the Allied bank MasterCard Credit Card is here to make everything about life more precious.