I was so eager to have a credit card, but unfortunately, the credit card or banks were not interested to provide a credit card to me. I can remember, I applied in Metrobank, but since I had a vacation overseas it did not pursue. I also attempted to apply in BDO, but i was hesitant of giving the requirements since I do not have a salary that could meet their minimum income per year.
It was last month, when I decided to apply for a secured credit card in BPI and Unionbank. I first applied in BPI, since I have read from all the forum that they are reputable when it comes to credit card business, together with Unionbank. Me and my cousin went to BPI-Hilado, Bacolod City and enquired about the said credit card. In BPI, they call it express start program, while in other banks they term it as secured credit card. What does it mean? All you have to do is open an account or if you have an existing account, apply for it and deposit an amount that will range from 10,000 up. The amount that you have deposited will be in your time deposit account and 80% of which will be your credit card limit. Which is fair enough. After that, we signed the deed of assignment. Please note as well that, your time deposit will last for a year, if you decide not to use the credit card or surrender it, then you can take the money in your time deposit.
After our application, we waited for almost 2 weeks and then there it was, we have the BPI express credit card Blue Mastercard.
Also remember that, when you have your credit card, learn how to manage yourself from spending.
1 comments:
Hi. Tanong ko lang. Express Credit Classic ba binigay sayo? Nakita ko sa mga forums kasi na di siya Mastercard so di na siya halos accepted. Tsaka napromote ka na ba sa regular credit card?
Thanks for responding.
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