The vast majority of the readers of Marketmanila.com have at least one credit card in their wallets. The objectives of the following series of posts on credit cards in the Philippines are simple. To help readers, acquaintances and the public in general understand the local credit card industry...
Using your card abroad Australia Cuba Denmark France Germany Greece Philippines Poland Portugal Spain US Among the most geographically diverse countries in the Caribbean, the Dominican Republic relies considerably on tourism. Despite this, using a credit card in the Dominican Republic might present so...
MANILA, Philippines - THE continuing controversy over the threat of Congress to impose an interest rate cap on credit card transactions will continue to recur like a bad coin in the halls of Congress as long as the communications gap between the end-users and the card issuers is not narrowed...
Credit card fees can leave a noticeable dent in your pocket when you are travelling overseas, so know what you are up against well in advance and choose a card with no or low fees. Foreign transaction fees British credit card issuers typically charge a fee equivalent to 1% to 3% of your...
Method #1: Call the bank and ask to have the annual fee waived. Method #2: Tell the bank you’re planning to cancel your credit card. Method #3: Choose a credit card that offers “No Annual Fee.” NAFFL Credit Cards in the Philippines (No Annual Fee for Life) ...
MANILA, Philippines - THE continuing controversy over the threat of Congress to impose an interest rate cap on credit card transactions will continue to recur like a bad coin in the halls of Congress as long as the communications gap between the end-users and the card issuers is not narrowed...
Alternative credit card issuers are trying to bridge this gap by using their own nontraditional underwriting standards to assess creditworthiness based on factors such as income, employment and bank account information. Some of these products function like traditional credit cards, while others are more...
2. Credit card companies in the Philippines appear to have very high loan losses on credit card outstandings, estimated between 15-20%, so it seems that the credit quality of borrowers is something that banks don’t seem to strictly manage. Why should good customers who have paid their bill...
This guide covers the difference between debit and credit cards, pros and cons and which card type might be the best for you.
Some credit card issuers may charge a fee as the transaction is classed as a cash transfer. The fee, if any, will depend upon your individual card terms and conditions and is not charged by WorldRemit. Can I pay using someone else’s card? We need the money you send to come from your...