Monday, 22 April 2024

Best Credit Card Product in the Philippines – Security Bank

5 min read

By The Asian Banker

The winning bank introduced a credit card product that demonstrated the ability to convert its base into sticky and active users with low delinquency, supported by a highly relevant rewards programme. It provides instant rebates across everyday spend categories, which include 5% on groceries, 4% on gas, 3%, utilities; 2% , dining; and 1% on shopping. The bank also recorded 80% card activation rate a month for this product. Despite being launched only this year, a cardholder makes an average expense of $600 (PHP35,000) a month. The Best Credit Card Product in the Philippines is awarded to Security Bank.

For full list of The Asian Banker Philippines Awards, please visit

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