About bank
RCBC Credit Cards is a subsidiary of Rizal Commercial Banking Corporation (RCBC), one of the Philippines' largest private domestic banks in terms of assets. It offers various cards with exclusive perks and privileges and allows you to get a cash loan or advance if you need money immediately.
RCBC Credit Cards offers credit cards, a virtual card, cash loans, and UnliPay. These services and products help you make your financial journey easier. You can use a credit card to pay bills or buy purchases, then settle the balance at the end of the monthly cycle. A virtual card comes in handy when you do not want to use your credit card. You can also convert your unused credit limit of up to ₱500,000 into cash loans. Then, you can use UnliPay to make transfers to any local bank account.
Features
RCBC Credit Cards provides budget management tools that give you financial control and empowerment. You can use Unli Installment to convert your straight purchases to installments for up to 36 months. You can also use Spend Analyzer to keep track of all your credit card transactions. Your card also comes with EMV chip technology to help increase security and reduce fraud. Additionally, you can access One-Time Password (OTP), Webpay, Web Shopper, and Mastercard® Automatic Billing Updater for enhanced security as you shop.
Then, when you use an RCBC credit card to pay enables you to enjoy travel while earning rewards points, cash rebates, or air miles. You will also receive complimentary Travel Insurance and Purchase Protection. If you want more funds, you can apply for a cash advance or YourCash, which allows you to get funds over your authorized credit limit.
Pros and cons
RCBC Credit Cards mainly offers credit cards that help you build your credit score. Therefore, you can get better loans in the future and pay back fewer of your debts. Credit cards also allow you to make regular purchases, making it easier for you to save money in general. When you apply for a credit card like ZALORA a virtual card will be provided to you when you apply for it, allowing you to effortlessly make purchases or make online utility bill payments. But there are some cons to using RCBC Bankard services. These includes:
Pros
A credit card offers rewards. You earn reward points every time you use your card or pay off a bill. You can use those points toward gift cards or pay for travel-related expenses to help you prepare for your next vacation, all while earning more rewards.
A credit card offers protection against fraud and identity theft.
A credit card is an excellent financial management tool. They keep track of spending patterns and ensure you aren't racking up more debt than what's manageable at any given time.
A virtual card lets you make purchases or pay utility bills online without using a physical card.
Cons
The virtual card is only available to Zalora credit card holders if you do not apply for a webshopper.
The credit cards come with costs like annual fees and 2% monthly interest rates.
The credit card may incur late fees if you do not pay off the entire sum on your credit card each month; late fees could apply, potentially costing more than you had intended to spend.
Products
RCBC Credit Cards offers the following products:
Credit сards. RCBC Credit Cards has 18 credit cards that come with rewards that you can redeem for air miles, pay for purchases, or other costs like annual fees. RCBC credit cards are co-branded, premium, secured, gold, and classic. Co-branded cards include ZALORA card, AirAsia card, Landmark Anson's Mastercard, Phoenix Mastercard, Mango Mastercard, and Sta. Lucia Mastercard. Gold and classic cards include Flex Gold Visa, Gold Card, Flex Visa, and Classic Card. On the other hand, premium cards include Visa Infinite Card, Visa Platinum, World Mastercard, Black Card Platinum Mastercard, Diamond Card Platinum Mastercard, JCB Platinum, Hexagon Club, YGC Rewards Plus Program, and UnionPay Diamond.
Virtual сard. It is only accessible to Zalora credit card holders or if you apply for a webshopper. The card lets you make purchases online without using your physical credit card.
Cash loan. You can enjoy instant approval when you convert your unused credit limit of up to ₱500,000 and pay in easy installments for up to 60 months.
UnliPay. It is a financial management tool that lets you pay your bills on time using an RCBC Bankard.
