*Credit Card 101

• sem_rs on 21 Feb 19 @ 03:31 AM #

  ano basis ng banko para sa initial limt, maliit binigay bpi at doble ng bpi binigay na limit sa akin ng bdo. sa bpi lang ako may savings.
  ano po tip/s para mataas yun credit limit kung pers time.
  
  -- edited by sem_rs on Feb 21 2019, 03:38 AM

• lxi97 on 21 Feb 19 @ 04:57 AM #

  Ang basis nila ay yung credit rating mo. Para makakuha ka ng mataas, magpakita ka ng proof of income na malaki sweldo mo at may stable job ka at matagal ka ng employed. Makakaulong din kung nagbabayad ka sa lahat ng loans mo on time.

• sem_rs on 21 Feb 19 @ 05:09 AM #

  Makatulon din ba kung referenxe ko yun othet card ko na mas malaki yun limit?

• lxi97 on 21 Feb 19 @ 05:21 AM #

  Makakatulong din but the best proof of financial capacity is still proof of large and stable income.

• scandinavian_armor on 21 Feb 19 @ 08:14 AM #

  Is it advisable to get multiple credit cards assuming you are a good payer?

  
  nasa paggamit lang yan.^_^ kahit madami ka cards kung alam mo ang limit mo ok lang.

• lxi97 on 21 Feb 19 @ 08:29 AM #

  May risk pag madami cards dahil mas mahirap mag monitor ng due dates at mag keep track ng spendings. Pero ok siya kung mahilig ka mag avail ng mga promos.
  
  Lately mas malakas na ko gumamit ng debit cards like paymaya and gcash for online and digital purchases dahil bukod sa madaming promos, wala ka na din iisiping due dates and penalties.
  
  -- edited by lxi97 on Feb 21 2019, 08:32 AM

• boyscout on 21 Feb 19 @ 08:56 AM #

  i was billed 3500 membership fee ng Citibank Cash Back Platinum MasterCard. (i saw it in my citibank online) tinawag ko to waive ang sabi di daw nagwawaive si citibank sa lahat ng cardholders this year. so sinabi ko na magkano lahat ng outstanding balance kasama outstanding installment payments ko and i will pay outright the whole balance less the membership fee. I will pay online and email her the receipt ASAP then cancel the card.
  sabi wait lang daw, after 9 seconds (exacto kasi binilangan ko) sabi niya kung pwede daw enroll ako to get a simplicity card, i said no.
  then another 6 seconds pause, wait 2-3 days daw ireverse/waive na nila membership fee. and she would need my oral confirmation that i am not cancelling the card.
  so sabi ko " Ok, I will not cancel the card as long as the membership fee is waived." ulitin ko daw na wala yung as long as. I didn't and hung up.
  I have never ever paid a membership fee in my life.
  
  -- edited by boyscout on Feb 21 2019, 08:58 AM
  
  -- edited by boyscout on Feb 21 2019, 08:59 AM

• beansent on 21 Feb 19 @ 09:28 AM #

  good job sir

• roceanoz on 21 Feb 19 @ 01:00 PM #

  Lately mas malakas na ko gumamit ng debit cards like paymaya and gcash

  
  What are the usual promos that you use and how do you fund them? Are they exactly like paypal?

• lxi97 on 21 Feb 19 @ 01:04 PM #

  Cash backs, rebates, instant discounts. 50% discounts. Etc. Madami. Madami din ways to cash in. Sa akin i cash in via online banking.
  
  Mas less risky din online dahil pwede mo i-limit laman ng account mo kung magkano lang kailangan mo. Maski zero balance kung di mo pa kailangan, ok lang.

• lxi97 on 21 Feb 19 @ 01:07 PM #

  Instant din kadalasan yung rewards and rebates di gaya ng bdo na matagal kaya madami silang chance na dugasin ka. Hehe.

• ssi_markd on 21 Feb 19 @ 02:18 PM #

  Meron offer sa akin ang BDO na Cash from Available Credit Limit at 0.88% add-on rate/month for 12 months to pay. Is it a good deal?
  
  -- edited by ssi_markd on Feb 21 2019, 02:54 PM

• aRTie on 21 Feb 19 @ 02:22 PM #

  ^
  parang mataas sir
  0.59 lang usually offer sakin ng CITI, minsan mas mababa pa

• lxi97 on 21 Feb 19 @ 02:43 PM #

  @ssi
  Factor in the cost of annual fee dahil baka gawin nilang reason for declining waiver yung binabayaran mong utang.

• ssi_markd on 21 Feb 19 @ 02:53 PM #

  ^
  parang mataas sir
  0.59 lang usually offer sakin ng CITI, minsan mas mababa pa

  
  
  ah ok. thanks sa info sir.
  
  

  @ssi
  Factor in the cost of annual fee dahil baka gawin nilang reason for declining waiver yung binabayaran mong utang.

  
  
  good point sir. thanks

• beansent on 21 Feb 19 @ 02:57 PM #

  pwede ka makipagbargain nyan, sabihin mo may offer say yun kabila mas mababa tignan mo kung tatapatan nila.

• cireyaj15 on 22 Feb 19 @ 07:49 AM #

  Kakatawa yung bpi. I called them last wednesday afternoon regarding credit to cash. Sabi ng csr yung offer ay .99 percent lang talaga nakatag sa account ko, di daw talaga magagawan ng paraan na pwedi yung .48%, kahit sinabihan ko na mas mababa yung offer sa work ko, which is for our provident loan ay 5 percent per annum yung interest rate.
  After a few minutes may nagtxt, ang alert ng bpi, haha. Offering credit to cash @ .59% up to 36 mos but the principal is low, less than half of my cl and available madness. Pwede ba yun i negotiate na taasan yung principal o ibawas sa madness limit at a lower interest?
  
  -- edited by cireyaj15 on Feb 22 2019, 07:51 AM

• ninjababez on 22 Feb 19 @ 07:57 AM #

  I just found out that metrobank has cancelled my credit card due to no activity. May ganon na pala ngayon. Pag tawag ko, confirmed nga na nagka cancel daw sila pag hindi ginamit yung card ng mga 6 to 10 months. Bago sa akin yan. May ganyang patakaran na pala.

  
  
  may online access ka ba?

• ninjababez on 22 Feb 19 @ 08:14 AM #

  Kakatawa yung bpi. I called them last wednesday afternoon regarding credit to cash. Sabi ng csr yung offer ay .99 percent lang talaga nakatag sa account ko, di daw talaga magagawan ng paraan na pwedi yung .48%, kahit sinabihan ko na mas mababa yung offer sa work ko, which is for our provident loan ay 5 percent per annum yung interest rate.
  After a few minutes may nagtxt, ang alert ng bpi, haha. Offering credit to cash @ .59% up to 36 mos but the principal is low, less than half of my cl and available madness. Pwede ba yun i negotiate na taasan yung principal o ibawas sa madness limit at a lower interest?

  
  alam ko malaki yun madness madalas
  IIRC 250k sinabi available sakin pero 70k palang limit ko nun time na inoffer

• cireyaj15 on 22 Feb 19 @ 08:41 AM #

  Nag inquire ako last wednesday din, same lang sa CL ko na 70k. 9 months pa lang kasi CC ko. Kaso yung offer as much as 32k lang. ang baba at mataas yung interest compare sa provident loan.

• lxi97 on 22 Feb 19 @ 09:46 AM #

  may online access ka ba?

  
  Meron kaso walang kwenta online banking nila. Naka active pa yung card ko doon. Maski yung M free card na pina cancel ko na years ago nandoon pa din.

• ninjababez on 22 Feb 19 @ 11:22 AM #

  Meron kaso walang kwenta online banking nila. Naka active pa yung card ko doon. Maski yung M free card na pina cancel ko na years ago nandoon pa din.
  

  nakupoh
  plano ko pa naman i-tengga itong MB plat na ito, until the replacement card comes (2022).
  i guess single transaction every 6 month, pwede na
  gusto ko kasi palakihin limit nung citibank ko, gawin ko sana main card for 2 years.

• lxi97 on 22 Feb 19 @ 11:44 AM #

  @ninja
  Di ako sure kung rule talaga nila yon. Baka case to case basis din. Kasi ang sagot din sa akin is 6-10months so by discretion din siguro sila magputol ng inactive accounts.

• ninjababez on 22 Feb 19 @ 11:46 AM #

  @ninja
  Di ako sure kung rule talaga nila yon. Baka case to case basis din. Kasi ang sagot din sa akin is 6-10months so by discretion din siguro sila magputol ng inactive accounts.

  
  bro nun tumawag ka sa kanila, nag offer ba naman na i-reactivate?

• lxi97 on 22 Feb 19 @ 11:51 AM #

  Ang sabi lang sa akin is pwede daw ako mag apply ulit. Nahiya na din naman ako at di na ako magaapply dahil ayoko talaga ng mb. Naalala ko lang sila dahil may promo sila sa shopee. Maliban doon wala ako balak gamitin ulit. Hehe.

• ninjababez on 22 Feb 19 @ 12:05 PM #

  Ang sabi lang sa akin is pwede daw ako mag apply ulit. Nahiya na din naman ako at di na ako magaapply dahil ayoko talaga ng mb. Naalala ko lang sila dahil may promo sila sa shopee. Maliban doon wala ako balak gamitin ulit. Hehe.
  

  
  thanks! ill use it nalang every 6 months or less

• ken19net on 22 Feb 19 @ 12:21 PM #

  Kakatawa yung bpi. I called them last wednesday afternoon regarding credit to cash. Sabi ng csr yung offer ay .99 percent lang talaga nakatag sa account ko, di daw talaga magagawan ng paraan na pwedi yung .48%, kahit sinabihan ko na mas mababa yung offer sa work ko, which is for our provident loan ay 5 percent per annum yung interest rate.
  After a few minutes may nagtxt, ang alert ng bpi, haha. Offering credit to cash @ .59% up to 36 mos but the principal is low, less than half of my cl and available madness. Pwede ba yun i negotiate na taasan yung principal o ibawas sa madness limit at a lower interest?
  
  
  alam ko malaki yun madness madalas
  IIRC 250k sinabi available sakin pero 70k palang limit ko nun time na inoffer

  
  
  matagal na akong bpi cc holder pero kunti lng alam ko about sa madness limit. nag pa credit-to-cash ako last time nagulat ako malaki yung madness limit ko parang x2 ng available cl ko..anu ba yung madness limit?parang installment limit din ba tuwing may installment purchase ka nagiging x2 yung limit mo?sabi kasi sa akin, yung pina credit-to-cash sa madness limit daw ma deduct so yung actual available cl ko is ganun pa rin..wala naman kasi ako nakikita sa bpi online ko regarding sa madness limit na yan