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HSBC Story in Philippines

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DESCRIPTIONS:

HSBC began their operation in the Philippines in November 1875 and have established a firm and solid ground in the country for more than 130 years. Right now they employ over 8,000 people to assist thousands of clients’ scattered all around the Philippines.

HSBC given has not just given the world a new meaning of the word banking. It has many benefits and promos that one will truly enjoy like HSBC Rewards program, balance transfer with special interest rates, online bill payments, installment plans and an option to join the annual mileage program for a fee.

Enjoy 5% fuel rebates plus Rewards points on both non fuel and fuel transactions with Caltex. No need to request for another credit card to benefit from HSBC’s fuel rebates! Not only that, you get to earn I Rewards or Bonus point for just Php10 you spend with you card. Exchange them for air miles with Krisflyer or Asia Miles or great rewards items! Payless as you buy more monthly with HIP, HSBC Installment Plan, as you enjoy flexible repayment terms and 0% interest for up to 24 months in thousands of establishments nationwide.

Delight in very low monthly payments with just 0.70% for 26 months or ZERO monthly add on interest for one year once you transfer your old non-HSBC account to your new HSBC Credit Card. Begin experiencing handy bill payments and kiss those non ending lines good bye as you pay your bills the safest, fastest and simplest way ever through Online Bills Payment.

Share the HSBC experience with those you care for. Apply for an HSBC Credit Card and enjoy the thought of NO annual fees for the initial year!

Want an iPod Nano? Get it at a very exclusive price only with your HSBC Credit Card. Experience a day of transformation with the Dashing Diva Promo with a transaction worth Php6000 with your Red MasterCard with FREE Basic Manicure form Dashing Dive in Beauty bar Stores. Want more coffee after a hectic day of shopping? Have one on us for just a minimum of Php2000 single receipt purchase on your HSBC credit card and get any beverage of your liking from Starbucks until August 31, 2010!



Featured Credit Cards:

EASTWEST BANK CREDIT CARD


FEATURES:

<ul>
<li>Global Reception. Shop and travel around the world with your EastWest Bank Credit Card and enjoy unlimited control in almost 30 million international establishments all around the world.</li>
<li>To keep your foreign currency intact, all purchases you have, whether they may be local or international, will be funded in the Philippine peso.</li>
<li>Enjoy Finance charge of 3.50% per month</li>
<li>Cash advance of 5% or Php300 whichever is higher</li>
<li>Avail of the Free Family Accident and Dismemberment Protection </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>

RCBC Bankard Diamond Card


FEATURES:

  • Finance Charge: 2.75 %
  • Balance Transfer Rate: 1.488% (6months)
  • Annual fee of only Php2,500
  • Cash advance service fee 300% or 5%, whichever is higher

BPI Credit Card – Express Classic


FEATURES:

  • Pay for just Php1250 for your primary card!
  • Get the lowest finance charge of just 2.75%!
  • The BPI Classic card lets you shop and dine with friends and family anywhere since it  is accepted in 20,000 establishments nationwide!
  • Avail of FREE Travel Insurance Package when you charge your fare with the BPI Classic card.
  • Avail of BPI Express Classic card’s S.I.P. facility that lifts the problem with you paying high-ticket items by easy to pay installment terms!
  • Get cash advance for up to 30% of your credit limit!
  • Earn free miles with every Php35 worth of transaction charged to your BPI Express card!
  • Transfer your balance with just 1% add-on interest rate per month!
  • Enjoy 24/7 customer service anytime, anywhere!

Featured Articles:

Should you let your kid have his own credit card?

Fact: there is already an increase of teens and college students who have their own credit cards. Credit card companies now aim on the two groups since they are the ones who spend more money than adults.

Educate your child on how to manage spending with a credit card. Parents an even use instances in the present state of affairs as an example to discuss to kids the pros and cons of credit cards.

Smaller credit limits are usual with these types of cards and while it may be easy to apply for one, credit card companies charge large interest rates and fees to the teenage credit card holders.

People who are below 18 are not legitimate in obtaining credit cards without the consent of their parents. Unfortunately, some kids fill out forms and receive credit cards without the knowledge of their parents. To avoid this, talk to them and help them realize the importance of beginning a solid credit history with their first card. Emphasize that it is of utmost importance to their future.

As a parent, start by reading the guidelines with your child. Make sure you call to attention all the terms written on the fine print. Avoid coming to the rescue if the bills get way out of control. This will teach him to be responsible in handling his money. A credit card spent by a teenager and paid by his parents initiates bad credit habits

Let the child bear in mind that his credit card sho uld be used in emergencies only. Monitor ALL his spending activities. Some credit cards even allow the parents to create their own credit limit for the supplementary cards. This is very logical especially if you are too busy with your career.

Parents can help their kids spend sensibly with the correct use of credit cards. At this early stage, it is better to prepare them in the reality of life by teaching them not to abuse its benefits.