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Looking for the Best Rewards? Here are the Top 4 Credit Cards of 2018

Credit cards are not just about being able to borrow credit. They are also about giving the best rewards to attract customers. Cards such as Citi Rewards Card are known for giving the best perks, but there are other banks that have stepped up their game to compete with Citibank. Here are the top 5 credit cards that you should definitely consider, with awesome rewards for shopping, travel, first timers, and gas purchases.

  • Metrobank Travel Platinum Visa

Best for: Travel

Aside from the Metrobank Femme Signature card, the bank’ also has a keeper with its Travel Platinum Visa card. This gives you 1 reward point for every PHP 20 that you spend, applicable for all types of transactions. Going abroad? This card gives you 1 mile for every PHP 17 that you will spend on airlines and hotels. Aside from these, cardholders also have free travel insurance with coverage of up to PHP 5 million.

You don’t have to sacrifice comfort when waiting for your flight because this card also gives you unlimited access to more than 950 airport lounges around the world. To top all of these, you also have access to 24-hour concierge service.

  • HSBC Mastercard Red

Best for: Shopping

Shopaholics will definitely rejoice with the perks that this HSBC card has to offer. You get 4 bonus points for every PHP 20 you will spend on online shopping and overseas transactions. You also get the same number of points when you shop and dine in credited establishments around the Philippines. This points rule also applies to local and overseas transactions using foreign currency.

Paying for what you shopped is a breeze with the 0% interest rate for instalment purchases, which you can pay in 3, 6, 9, 12, or 18 months.

  • Citi Cash Back

The cashback option is perfect for money-savvy people who want to save everytime they use their cards. When it comes to this reward, nothing beats Citibank and its Cash Back card. You get 6% rebate on supermarket purchases and 2% rebate on Meralco bill payments%. As for other transactions, you are entitled to a 0.20% rebate.

All in all, you can expect to have up to PHP 1000 rebates on a monthly basis.

  • PNB Visa Classic

Best for: First-time card users

Your first credit card should have the following: low interest rates, low annual fees, and easy income requirements. PNB Visa Classic has them and more. To apply, you only need at least PHP 10,000 gross monthly income and at least one year of regular employment status. Monthly interest rate is only 3.25% and annual fee is only PHP 300, which is waived on your first year. You also get up to PHP 1 million of travel insurance plus 90-day insurance coverage against accidental damage and theft of purchased items.

  • East West Bank Hyundai Mastercard

Best for: Fuel purchases

With rising fuel prices, using a credit card for your gas is a practical way to spend because of the high rebates. This card from East West bank gives you 5% rebate at any gas station in the Philippines and a 0.5% rebate on local and international retail purchases. Since this is a Hyundai card, you get 10% discount at all authorized Hyundai dealerships.

Every month, you also get up to PHP 1000 rebate that you can redeem for cash, gift certificates at Rustan’s Department Store, annual fee waiver, Hyundai vouchers, and many more.

Experiencing the best rewards has never been easy, thanks to the perks given by Citi Rewards Card and other credit cards. Take advantage of these rewards and get more from your card aside from your credit limit.

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