What is a Credit Card Application?

In a growing cashless society, people are seeking ways to virtually pay for their expenses and indulgences. Having a credit card unlocks you to all the luxuries in the world. If you don’t have money to pay for something you need, you can pay in advance with a credit card. If you decided to get a credit card, the first step is to get a credit card application.

With a credit card, you can easily pay for shopping whether it’s through a physical store or an online store or booking for your travel pleasures.

Where can I get a Credit Card Application?

Getting a credit card is not easy. Credit cards are offered by every major bank in the Philippines. You can get acredit card application from your preferred bank. You will need to bring credit card requirements in order to be able to apply for a credit card. 

What are the Credit Card Requirements?

Just like when you’re applying for a job, there are certain requirements that must be met. The bank you preferred considers your age, salary, employment details and contact information. An applicant must be at least 21 years old at the time of application, though some banks allow at least 18 years old. If you’re under 18 years old, you may apply for a supplementary card which is issued to people as young as 13 years old.

Banks take into account your capability to apply for a line of credit. If you are capable enough with an annual salary of ₱120,000 then can apply for basic credit cards. Banks offer exclusive, premiere-tier credit cards for individuals with an annual salary of up to ₱5 million.

Each bank offers different credit card requirements and application. If you’re a foreigner, the requirements are different as well and you may be required to provide additional documents.  

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