We continue our Credit Card series here in PinoyMoneyTalk with a listing of fees and charges for all local credit cards.
We know that it is expensive to maintain a credit card, so we want you to be aware of all fees and charges you have to pay in order to own a credit card.
In this article, we start with Security Bank credit cards and we summarize below all fees and charges that apply to Security Bank MasterCard and Diners Club (DC) credit cards effective May 1, 2014.
Security Bank Credit Cards
Annual Fees
| Credit Card | Primary Card Annual Fee | Supplementary Annual Fee |
|---|---|---|
| Security Bank MasterCard Classic | Php2,000 | Php1,000 |
| Security Bank MasterCard Gold | Php2,500 | Php1,500 |
| Security Bank MasterCard Platinum | Php4,000 (Single & Dual Currency) | Php2,500 (Single & Dual Currency) |
| DC International (Single Currency) | Php2,000 | Php1,000 |
| DC International (Dual Currency) | Php3,000 | Php1,500 |
| DC Premiere | Php4,000 | Php2,500 |
Late Payment Fee
- Php600 or 6% of the minimum amount due, whichever is higher
Cash Advance Fee
- Php500 or 5% of the cash advance amount, whichever is higher
Finance Charge
- Security Bank Classic MasterCard & Gold MasterCard, Diners Club International & Premiere: 3.5%
Card Replacement / Lost Card Fee
- Php400
Minimum Amount Due
- Security Bank MasterCard & Diners Club – Php500 or 4% of the Total Revolvable Billing plus all non-revolvable transactions, whichever is higher
Take note: it is expensive to maintain a credit card, so make sure you manage your finances properly! Use your credit cards wisely!
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