Secured Credit Cards

[sergio1010]

tanong ko lang po. widely used po ba ang lahat ng secured cc? thanks

yes as long as may Visa/Mastercard logo?

[Bachelor2009]

i am planning nalang siguro to apply for secured cc than unsecured cc at BPI. 10k daw yung TD .
pwede ako na choose ng card for instance i like bpi gold mastercard ?

[fortschritte]

i am planning nalang siguro to apply for secured cc than unsecured cc at BPI. 10k daw yung TD .
pwede ako na choose ng card for instance i like bpi gold mastercard ?

It may be possible but you may need to place way more than 10,000 pesos as security deposit. Why don't you drop by your nearest branch or those outlets at malls to know more?

[sergio1010]

i am planning nalang siguro to apply for secured cc than unsecured cc at BPI. 10k daw yung TD .
pwede ako na choose ng card for instance i like bpi gold mastercard ?

For gold mastercard according to the last posts, 100k above ang dapat mong TD..

[Bachelor2009]

nag-offer na po Eastwest bank ng secured cc. Initial deposit is 15k only.

[sergio1010]

really? na decline ako for a regular Creditcard sknila... pano daw process? san mo nalaman>??

[my_world85]

Holler !

mind if i ask you guys if what is a ''Secured'' card? is it like a Debit card?

[Bachelor2009]

nag-email ako sa kanila.the csr noted that you will have to deposit a 15k in anyEWB branches.

[Bachelor2009]

different po yung secured cc-time dposit yung pera mo sa bank .then yung debit may pondo ka sa debit card in your bank-no maintaining balance.just like smartmoney and cashlink plus ng security bank. i had my debit card with security bank..kaso lang may annual fee 250 pesos.

[LabuyoXVIII]

Holler !

mind if i ask you guys if what is a ''Secured'' card? is it like a Debit card?

I suggest you read back on the previous posts so you know what the topic is all about.

[Nappoleo Bates]

Have applied the other day for secured CC in BPI. How long does it take to get approved? According to the Bank Staff, it will be delivered in their branch. Is it possible na mareject pa application even after I have deposited the amount?

[sergio1010]

Have applied the other day for secured CC in BPI. How long does it take to get approved? According to the Bank Staff, it will be delivered in their branch. Is it possible na mareject pa application even after I have deposited the amount?

No it will go through the same process as a regular CC but approved na yun after may mag txt sayo na approve na after 2 to 3 days Marerecive mo na.. ganun kagaling courier ng BPI hehe!

[Bachelor2009]

tanong lang po. BPi classic card po ba i-offer nila for a TD na 10T?
thanks.

[Nappoleo Bates]

tanong lang po. BPi classic card po ba i-offer nila for a TD na 10T?
thanks.

Im not sure if BPI classic card only. But I have applied for the Blue Mastercard. Will just wait and see until it arrives.

[Bachelor2009]

pwede po ba i-increase yung CL mo from a minimum deposit? thanks

[sergio1010]

pwede po ba i-increase yung CL mo from a minimum deposit? thanks

pwede mo increase limit mo mag dadagdag ka din sa hold out deposit mo, the total 80% of your deposit yun ang limit mo...

[blueberrycheese]

meron po ba kayong alam na banks na assured na around 80% ng deposit mo would be your credit limit for secured creditcard? gusto ko sana sa sa BPI kaso i heard 50% to 80% and magiging credit limit mo. gusto ko sa maxed out ang credit limit ko. kung pwede nga sana, 100% ng deposit ko eh, hehehe

[onyxguapo]

Unionbank, 90% of your deposit will be your credit limit.

[mathecon]

meron po ba kayong alam na banks na assured na around 80% ng deposit mo would be your credit limit for secured creditcard? gusto ko sana sa sa BPI kaso i heard 50% to 80% and magiging credit limit mo. gusto ko sa maxed out ang credit limit ko. kung pwede nga sana, 100% ng deposit ko eh, hehehe

i have a bad experience with BPI
last July 2009 pa ko nag apply
wala pa rin until now!!!

[ichuo_mx]

secured credit card to regular credit card is THE SAME in terms of its features and uses.

Magkaiba lang sila in terms of Approval once ypu apply for their credit card.

You have to Deposit an amount and hindi mo ito pwedeng mailabas hanggat active at ginagamit mo ang credit card mo.

when you deposited an amount of 50,000, 80-90% of it, is your credit limit na. INSTANT!

ang idineposit mo ay hindi po pangcollateral, pero once na pinakansel mo ang card mo, automatic, yung oustanding balance mo, is, i-dededuct don sa dineposit mo, or babayaran mo in cash?

most of the banks offers secured cc than the regular cc. kasi NANINIGURADO sila!

mabilis mag process ang MBTC.

And sure na 90% of ur deposited sa account, yun ang credit limit mo.

good for the starters to, kasi ganyan ang ginawa ko, nagsimula ako sa Value CC ng MBTC, tapos inalagaan ko to, hanggat sa they issued me a regular CC, tapos Gold BDO, petron-bpi, Gold CITI, and RCBC BARATKard.

show them na you're an asset pagdating sa credit card.