Page 1

How to Pick a Credit Card Philippines by CompareKing PH

Credit cards are becoming popular in the Philippines as it is a safe and an alternative way to transact business, purchase items or obtain cash advances. According to the Bangko Sentral ng Pilipinas or BSP, there are approximately, 7 million active users of credit cards and the numbers will increase in years to come. Choosing a credit card Philippines could be an easy task, but BSP notices that a lot of people had a minimal knowledge of how a credit card works.


There are facts that a potential credit card holder should know in order to minimize problems arising from the misuse of credit cards. Picking a credit card should start with knowing what kind of credit card you need. REGULAR OR PREMIUM If you think we’re talking about gas, then you are wrong! Banks or credit card provider usually has two kinds of credit cards. There are regular credit cards and premium credit cards. The difference between the two lies on credit limit, annual fees and benefits. A regular credit card has a low credit limit, low annual fees and limited benefits.


CompareKing PH News/Blogs “http://www.compareking.ph/creditcards/pick-credit-card-philippines-compareking/�. How to Pick a Credit Card Philippines by CompareKing PH. December 7, 2013. CompareKing PH.

How to Pick a Credit Card Philippines by CompareKing PH  

"How to Pick a Credit Card Philippines Credit cards are becoming popular in the Philippines as it is a safe and an alternative way to trans...

Read more
Read more
Similar to
Popular now
Just for you