Credit Card Talk

[kirifuda]

Hi. Former bank employee here. Sana makatulong.

Meron ka ba ibang family members na may CC or may primary/supplementary setup kayo sa mga cards? Meron ka ba ongoing loans? Baka meron ka relative na may negative records sa banks na kahit hindi related sa CC kaya nadadamay yung application mo.

Sa scenario mo kasi, (meron ka existing card, malaki laman ng account mo, on-time magbayad, etc). dapat qualified ka, unless may bagong policy yung mga bank.

Possible reason na naging strict sila sa pag-issue ng mga CC is madaming hindi nakakapagbayad, especially nung time ng pandemic and nahihirapan sila maningil. Madami pa sa kanila hindi nakakarecover.

Isang malaking factor sa applications is yung source of income, gusto nila ensure na makakapagbayad ka. If stable naman (own business or employed by private) mataas chance na ma-approve. Kaso yung type of business din kasi tinitignan nila, if medyo sketchy sa palagay nila, mag-aalangan sila mag-approve. Meron din ata impact if related ka sa isang political/public figure.

Usually pag mag-open ka ng checking/current account na malaki initial pati maintaning balance and kung wala ka hit sa AMLA, mas may chance na ma-approve application mo. Yung mga savings account kasi na P500 or Zero to open/maintain medyo skeptical sila baka kasi gamitin lang pang money laundering. Kung successful yung pag-open mo ng account, expect na may tatawag sa yo in a few days para sa CC application. If sa branch ka nag-open baka dun pa lang mag-offer na sila ng card sa yo.

Hindi ko alam if uso pa rin ngayon yung meron mag CI sa area niyo, yung may pumupunta tapos magtatanong sa mga tao sa neighboorhood tungkol sa applicant. Baka meron nagpunta tapos siniraan ka ng mga kapitbahay mo, auto deny kaagad yan regardless kung nagsasabi sila ng totoo or hindi.

If napadaan ka sa mga malls tapos meron nag-ooffer ng credit card, pwede mo rin try doon lalo na if meron promo. Dun sa mga ganun kasi kailangan nila maka-quota tapos may incentive pag na-approve yung application so ipupush nila yun.

I don't think may effect sa credit score mo yung declined application. Yung consistently late or no payments lang usually yan.

Good luck sa mga application mo.

Edited June 26, 2025 by kirifuda

[kreid]

parang nakakatakot magkaroon ng credit card honestly. madami akong nakikitang good reviews sa card na yan pero siguro di ko pa talaga ganon magrasp yung importance niya

[Brospo1]

The best pa din ang BPI visa signature 

[Yondaim3]

Hnd ba madamot mag bigay increase si chinabank

[Blxst]

On 1/16/2026 at 1:32 PM, kreid said:

parang nakakatakot magkaroon ng credit card honestly. madami akong nakikitang good reviews sa card na yan pero siguro di ko pa talaga ganon magrasp yung importance niya

Buying power lang talaga ang halaga niya, since it allows you to spend money you don't have right now. At kung mataas yung credit rating mo, it signals that you're trustworthy...to financial institutions that will be more willing to lend you more money, so buying power ulit.

There are other benefits, but those are just tricks they use to get you to sign up. Credit card companies make money when you don't pay completely and on time, since this is when you're charged interest. They're hoping na ganahan kang gumasta at makalimot ka ng payment.
 

[Lungshark Magina]

Basta treat it as cash muna siguro for starters, pangdailies like electric bill, grab, kain sa labas and alike. Nakakuha ako worth 12kphp last December dahil sa use ng credit card since may mga promo sila and points na convertable to cash. And always ask yourself if may big purchase na "is it a mindful expense?"

[alin1]

On 2/8/2026 at 9:49 AM, Lungshark Magina said:

Basta treat it as cash muna siguro for starters, pangdailies like electric bill, grab, kain sa labas and alike. Nakakuha ako worth 12kphp last December dahil sa use ng credit card since may mga promo sila and points na convertable to cash. And always ask yourself if may big purchase na "is it a mindful expense?"

Be mindful with using cards, theres always the itch on using it, needs 1st before wants (only 2nd prio)