Ever dreamt of applying for a credit card but your salary won’t just cut it? Ever imagined yourself swiping to purchase apparel, gifts, or even groceries? Although credit cards are supposed to be used “for credit,” people who have incomes that are lower than Php20, 000.00 can actually apply for these low-income credit cards. Moreover, these people can utilize these to start their credit scores and to maintain whatever they need for them to have the credit card they want. For Filipinos who earn less than Php20, 000.00 per month, here are low-income credit cards you can apply for.

IMPORTANT: To clarify, the names of the credit cards issued by banks does not necessarily cling you to it. If it says travel, shopping, cruise, etc., don’t worry because you can still use it for other purposes not just what its name suggests.

Read: Different Types of Credit Cards

The Travel Club Platinum Credit Card – PNB

With an affordable monthly income requirement, PNB’s The Travel Club card is perfect for those who are looking to have an affordable credit card.

  • Annual fee: NO ANNUAL FEE FOR LIFE
  • Income requirement (monthly): Php10, 000.00
  • Interest Rate: 3.25%

To learn more about PNB’s Travel Club Platinum credit card, visit their website by clicking here.

PNB Visa Gold – PNB

PNB Visa Gold - PNB
Image is taken from PNB

The Philippine National Bank (PNB) has many different varieties for low-income credit cards. Specifically made for people who want to practice earning and spending with a credit card. One is the PNB Visa Gold which is perfect for planning.

  • Annual fee: Php600 for the first three (3) years
  • Income requirement (monthly): Php10, 000.00
  • Interest Rate: 3.25%

Know more information about PNB’s Visa Gold by clicking this link here.

PNB Visa Classic – PNB

PNB Visa Classic - PNB
Image is taken from PNB

The PNB Visa Classic, on the other hand, has a Php1 million travel insurance other than the low monthly income requirement and the affordable annual fee.

  • Annual fee: Php600 and they will waive it for the first year
  • Income requirement (monthly): Php10, 000.00
  • Interest Rate: 3.25%

Read more and find out more information about the PNB Visa Classic credit card through their website.

PNB Essentials Mastercard – PNB

 

Even if this credit card is low-cost and for low-income earners, it has a Php1 million travel insurance and up to Php250, 000.00 purchase protection.

  • Annual fee: Php1, 200.00 and it is waived for the first year
  • Income requirement (monthly): Php10, 000.00
  • Interest Rate: 3.25%

Find out more about PNB’s Essentials Mastercard through their website here.

Metrobank ON Internet Mastercard – Metrobank

Metrobank ON Internet Mastercard - Metrobank
Image is taken from MetroBank

Metrobank, one of the more known banks in our country, offers the Metrobank ON Internet Mastercard which highlights its security in making online transactions. Despite it being affordable, it still has its perks.

  • Annual fee: Php1, 200.00 and it is waived for the first year
  • Income requirement (monthly): Php15, 000.00
  • Interest Rate: 3.54%

Learn more about Metrobank’s ON Internet Mastercard through their website or by clicking here!

Metrobank M Free Mastercard – Metrobank

Image is taken from MetroBank

If you’re minding annual fees, this could be a great option because not only does it NOT charge an annual fee, it’s monthly income requirement is also perfect for people who earn NO more than Php20, 000.00

  • Annual fee: NO ANNUAL FEE FOREVER
  • Income requirement (monthly): Php15, 000.00
  • Interest Rate: 3.54%

Read: Pros and Cons of having Credit Cards

Learn more about the Metrobank M Free Mastercard by visiting their website.

RCBC Bankard Classic – RCBC

RCBC Bankard Classic - RCBC
Image is taken from RCBC

The first in this list that RCBC offers, the RCBC Bankard Classic is perfect for those trying to start their scores in credit. There are numerous RCBC Bankards that the bank offers and they differ slightly.

  • Annual fee: Php1, 500.00 which RCBC will waive for the first year
  • Income requirement (monthly): Php15, 000.00
  • Interest Rate: 3.54%

Get more information and have an idea on what rewards are there by clicking this link here.

RCBC Bankard myDream JCB – RCBC

RCBC Bankard myDream JCB - RCBC
Image is taken from RCBC

RCBC’s Bankard myDream JCB card is tailor-fit for first-time credit card owners. In addition, it can complement the people who don’t earn Php20, 000.00 monthly. Because of its low monthly income requirement, it can be considered as one of the low-income credit cards available for Filipinos.

  • Annual fee: Php800.00 and it’s free for the first year
  • Income requirement: Php15, 000.00
  • Interest rate: 2.90%

To learn more about the RCBC Bankard myDream JCB credit card, click here.

HBC-RCBC Bankard Mastercard – RCBC

HBC-RCBC Bankard Mastercard - RCBC
Image is taken from RCBC
  • Annual fee: Php960.00 and it’s just Php80. 00 per month
  • Income requirement: Php15, 000.00
  • Interest rate: 3.54%

As per moneymax, the HBC-RCBC Bankard is one of the best co-branded credit cards here in our country. To add to that, the annual fee is easy on the pocket and the income requirement isn’t that much as well.

Learn more about the HBC-RCBC Bankard Mastercard through their website. Access that by clicking this link.

BDO JCB Lucky Cat – BDO

BDO JCB Lucky Cat
Image is taken from BDO

The first entry of one of the giants in the banking industry, the BDO JCB Lucky Cat is affordable not only because of its inexpensive monthly income requirement but also because of its perks and rewards.

  • Annual fee: Php1, 500.00 and it’s just Php125. 00 per month which BDO will waive for the 1st year
  • Income requirement: Php15, 000.00
  • Interest rate: 3.50%

Learn more about the BDO JCB Lucky Cat through their website.

BDO ShopMore Mastercard – BDO

We’re all aware that the rightful owner of BDO is Henry Sy, who also owns SM. With this, the BDO ShopMore low-income credit card is ideal for people who regularly shop at SM because of the rewards that the credit card gives.

  • Annual fee: Php1, 500.00 and it’s just Php125. 00 per month which BDO will waive for the 1st year
  • Income requirement: Php15, 000.00
  • Interest rate: 3.50%

Find out more information about the BDO ShopMore Mastercard by clicking this link.

BPI Family Credit Card – BPI

BPI Family Credit Card - BPI
Image is taken from BPI

Next to BDO would be the Bank of the Philippine Islands (BPI). The BPI Family Credit Card is one of the low-income credit cards that the bank offers. It’s ideal for people especially if you’re looking for a low-interest credit card. Why? Because the BPI Family credit card is considered to have the lowest interest rate of all credit cards here in the Philippines.

  • Annual fee: Php1, 000.00 BPI will waive for the 1st year
  • Income requirement: Php15, 000.00
  • Interest rate: 2%

You can find out more things about the BPI  Family Credit Card through their website or by clicking this link.

Citibank Simplicity+

Simplicity Citibank
Image is taken from Citibank

You might be surprised that Citibank, considered to be the most prestigious banks is part of the list. Yes, however, there’s a catch. The Citibank Simplicity+ credit card allows people to have a credit card if their income is less than Php15, 000.00 IF THEY HAVE AN EXISTING CREDIT CARD. First timers, on the other hand, would need to have a monthly income of Php20, 833.33 to be exact. They won’t charge an annual fee and the interest rate is maxed down at 3.50%.

  • Annual fee: NO ANNUAL FEE FOR LIFE
  • Income requirement: Php15, 000.00
  • Interest rate: 3.50%

Learn more about Citibank’s Simplicity+ credit card by visiting their website.

Read: Credit Card Application Tips And Techniques For Higher Chances Of Approval

As you can see, there are many low-income credit cards you can apply for. Although some of these are still filtered by the bank, you can try to sort it out, read each of the cards first, and decide on which credit card you want to apply for.


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