Read helpful information you must know about owning credit cards in the Philippines:

Credit cards have become part of popular culture. In the past couple of decades, they have become a symbol if not of status then of a life of freedom travelling, shopping, dining out, and generally recreating. After all, while some things money can’t buy, a lot definitely can.

Surprisingly, credit card ownership remains low in the Philippines compared to our neighbors in Asia. According to the Bangko Sentral ng Pilipinas, only 7M Filipinos currently own credit cards in the Philippines. However, while we are still a card-averse country in general, times may be changing mainly because of the conveniences of using plastic for purchases in modern financial transactions, especially online.

Thinking of signing up for a credit card? Read the following helpful facts any would-be credit card holder should know:

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