Allied Bank Credit Card

[grim_reaper1814]

^Eh kaya nga ADB eh, hindi nga po ganun ang pag-compute.

I saw the thread you created, you paid on your due date so naturalmente your ADB equals your entire previous balance. If you paid earlier than your due date, the computation would have been different. Lahat ng bangko ganon, kahit sa ibang bansa. Universal yan.

Read and understand the terms and conditions kasi. Dahil sa totoo lang kayo po ang parang nagiging unfair sa ginagawa nyo'ng paninira sa Allied Bank, na hindi naman sana magkakaganon kung iintindihin lang mabuti ang terms and conditions bago ginagamit ang credit card.

Alam niyo po, bago kayo mag-generalize na lahat ng bangko eh ganyan po ang pag compute eh hindi totoo iyan. Kayo po ang mag research dahil ako po ay nag research at three methods po talaga ang pag compute ng interest at depende sa banko kung ano ang iaadapt nila.

1. Adjusted Balance Method
2. Average Daily Balance Method
3. Previous Balance Method.

Pinaka-favorable sa credit card holders eh yung 1 at yung pinaka favorable sa banko eh yung Previous Balance method. Modified lang yung sa Allied.

Ang ayaw ko lang sa methods 2 and 3 ay yung sisingilin ka ng interest for the balances that you have paid for.

Alam ko po yung terms and conditions dahil paulit-ulit kong binasa. Hindi malinaw doon na sisingilin ka ng interest for debts that have been paid. Kung sana nilagay nila doon na "We will impose finance charges for paid balances if not paid in full" eh di walang problema.

Yung general concept naman kasi ng credit card is pauutangin ka nila for 30 days tapos if you don't pay saka magkakaroon ng finance charge. Ang nangyayari kasi, hindi nila nililinaw na mawawala yung 30 days na yun. Doble kita yung banko kasi aside from transaction fees kumita pa sila sa finance charge.

For sure, marami ang magugulat na ganito pala ang sistema. Ito dapat ang hindi inaallow ng DTI kasi it is deceptive. Ito po ang tinatawag na Trailing Interest. Dapat ipagbawal yang trailing interest. Sa US, naging issue na rin yan.

[SuperOnyx]

Actually there are six methods. Pardon me for generalizing but my basis for doing that is that of the 7 credit cards that I am currently maintaining, all of them use the Average Daily Balance Method and when I said that "lahat ng bangko ay ganoon", I was referring to the method of how these banks compute the ADB. May iba kasi kayong paraan na sinasabi.

I do not know of any credit card that uses other methods but if ABC does use Previous Balance, it is still unfair to call them "madaya" because first and foremost I am sure that it is clearly stated in their Terms and Conditions. Hindi na nila kailangang ilagay na;

"We will impose finance charges for paid balances if not paid in full"

dahil una, that would be very informal at pangalawa, redundant na yon dahil kung naka-indicate na doon na "Finance charges will be imposed on Previous Balance based on cardholder's SOA" ay dapat understood n'yo na yon. Hindi naman po yan rocket science.

Second, Previous Balance has it's advantages over Average Daily Balance. If your previous balance is small and suddenly you made a rather huge purchase, Average Daily Balance Method would cost you more interest charges than Previous Balance Method, lalo na kung Two-Cycle Average Daily Balance Method yan (as the case with most locally-issued credit cards). Hindi po tamang sabihin n'yo na napakadaya at napaka-unfair ng ABC base lang sa scenario n'yo. It's a case to case basis.

Gaya ng nauna ko nang sinabi, doon sa binigay ninyong scenario na nag-partial payment kayo on your due date, kung i-a-apply po natin dyan ang Average Daily Balance Method ay halos ganun din ang magiging finance charge n'yo. Since magaling naman pala kayo mag-research siguro naman na-research n'yo na rin kung paano i-compute ang ADB.

Sa mga sinabi n'yo po kasi na;

dapat wala pang 30 Pesos yung babayaran ko.

at;

Dapat, kapag bayad na, hindi na kasama sa computation.

ay parang pinapalabas nyo na dapat ang gamitin na method ng mga bangko ay Ending Balance Method. Lahat po tayo ay ganoon sana ang gustong mangyari pero, gaya uli ng una kong sinabi, wala po tayong bangkong ganoon.

Pero salamat na rin po sa pag-inform sa amin na Previous Balance Method ang gamit ng ABC. In fact, some cardholders, like revolvers who only pay minimum and still keep using their credit cards, may find this method more beneficial to them than other banks' Two-Cycle Average Daily Balance Method.

[damned719]

If you dont want to pay interest, then pay in full

[JeffreyKo]

Meron na palang Mabuhay Miles "Essentials" MasterCard. Does this mean itataas na ang "status" ng Mabuhay Miles "Platinum" card? Dati kahit 20k lang ang CL, platinum na sa Allied.

Yes, 50K up na daw ang Platinum. Got approved for Mabuhay Miles Essentials at 50K CL

[dwinzee]

Just got approved... Katatawag ko lang... Nice, Platinum daw..pero ayaw sabihin ang Credit limit ko.. wait ko lang daw... Next week na kasi Holy week na... hmmm

[marlowe1701]

Just got approved... Katatawag ko lang... Nice, Platinum daw..pero ayaw sabihin ang Credit limit ko.. wait ko lang daw... Next week na kasi Holy week na... hmmm

pano ka nag apply? marami bang payment centers ang allied cc?

[johnski_07]

pano ka nag apply? marami bang payment centers ang allied cc?

wala naman kwenta ang platinum card ng allied. ang baba pa ng credit limit tapos sa allied bank at sm lang payment centers nila.

[marlowe1701]

wala naman kwenta ang platinum card ng allied. ang baba pa ng credit limit tapos sa allied bank at sm lang payment centers nila.

50k CL platinum na agad?????

[johnski_07]

50k CL platinum na agad?????

san ngayon yata ganyan. dati nga eh 30k lang platinum na agad. ang high end card ng allied bank eh yung world mastercard nila. 300k yata ang minimum CL.

[dwinzee]

pano ka nag apply? marami bang payment centers ang allied cc?

I applied online... Wala pa ako idea how much credit limit...kakaaprove ko lang kahapon... wala pa daw sa record kung how much,,, Mabuhay Miles Platinum yung naapprove...

[dwinzee]

By the way, marami nang mababayran.. you can pay sa SM ..

[marlowe1701]

I applied online... Wala pa ako idea how much credit limit...kakaaprove ko lang kahapon... wala pa daw sa record kung how much,,, Mabuhay Miles Platinum yung naapprove...

i checked their website pero di pa naman available ang online application nila huh... u will still need to download their application form which is really hassle...

[dwinzee]

i checked their website pero di pa naman available ang online application nila huh... u will still need to download their application form which is really hassle...

Hi. yeah, I printed it and scanned and faxed the application forms together with my requirements...

I got approved na...

[marlowe1701]

Hi. yeah, I printed it and scanned and faxed the application forms together with my requirements...

I got approved na...

lahat na ata ng card companies inapplyan mo na huh heheheh....
sa akin ok na ang 3 cards, citi, ewb and metro...

[johnski_07]

Hi. yeah, I printed it and scanned and faxed the application forms together with my requirements...

I got approved na...

mahilig ka ba mag collect ng mga credit cards? hehehe!

[harvey0620]

Ako wala pa ni isang card..hahaha..
pero may mga inapplyan narin ako..
declined sa eastwest, nagapply nrn ako sa rcbc sa bank mismo, 1 month p raw, tapos nag-apply din ako ng PNB essential mastercard.. sabi ng manager nakaendorse na sa main branch, wala p naman tumatawag..hahaha...

@dwinzee.. ano ano mga requirements po, approved ka agad?..galing naman..^_^

[dwinzee]

mahilig ka ba mag collect ng mga credit cards? hehehe!

Yeah.. just like you do..

[dwinzee]

Ako wala pa ni isang card..hahaha..
pero may mga inapplyan narin ako..
declined sa eastwest, nagapply nrn ako sa rcbc sa bank mismo, 1 month p raw, tapos nag-apply din ako ng PNB essential mastercard.. sabi ng manager nakaendorse na sa main branch, wala p naman tumatawag..hahaha...

@dwinzee.. ano ano mga requirements po, approved ka agad?..galing naman..^_^

Allied bank and PNB isa lang po yung credit card nila... Bale I printed the application form tapos finax ko sa kanila along with my requirements. Payslips, credit card statement from other banks and yung photocopy ng front ng metrobank cc ko... then after a week, CI then approved agad.. try mo ulet..

[harvey0620]

Allied bank and PNB isa lang po yung credit card nila... Bale I printed the application form tapos finax ko sa kanila along with my requirements. Payslips, credit card statement from other banks and yung photocopy ng front ng metrobank cc ko... then after a week, CI then approved agad.. try mo ulet..

hahaha..napansin ko nga..
ako naman mismo sa bank nagapply, buti kilala namen yung manager..
pero tumawag ako kanina sa main branch naginquire, kaka input palang daw nila kahapon sa system nila ng application ko..
sana may chance, para naman may 1st card n ako..hehehe...

mahirap kase magapply at wala p naman akong existing card sa ibang bank..hayst..gaya ng hsbc naginquire ako, dahil wala ako ibang card pa, hindi daw magtutuloy yoong application ko..hahaha..

[dwinzee]

hahaha..napansin ko nga..
ako naman mismo sa bank nagapply, buti kilala namen yung manager..
pero tumawag ako kanina sa main branch naginquire, kaka input palang daw nila kahapon sa system nila ng application ko..
sana may chance, para naman may 1st card n ako..hehehe...

mahirap kase magapply at wala p naman akong existing card sa ibang bank..hayst..gaya ng hsbc naginquire ako, dahil wala ako ibang card pa, hindi daw magtutuloy yoong application ko..hahaha..

Good... Sana maaprove ka na this time.. Tumawag ako ulet asking for teh delivery ng card, hinold daw muna kasi inaantay pa nila ang confirmation from mabuhay miles... inaaply kasi nila ako ng new number,... so ang ginawa ko, yung isa kong number, pinmerge ko na alng sa bago... I'll wait till maging okay.. Hayz... Excited na ako makita ang itsura nya hahaha Yung HSBC ko miles din... Di ko alam if ano mangyayari..baka magka conflict...so I need to call HSBC once okay na sa Allied... Mga sat or sunday ***** ang dating ng card... if maayos agad ang naging problem... Di kasi nila maverify yung membership id ko na linked with HSBC...