CREDIT CARD REVIEW
EastWest Singapore Airlines KrisFlyer Platinum Mastercard
This is now the best card that you can use to collect KrisFlyer Miles in the Philippines. Especially if you consider how much value you can get from KrisFlyer Miles. Their bonus anniversary miles are at a generous 5000 miles.Apply Now
MINIMUM MONTHLY INCOME
PHP 45.00 = 3 KrisFlyer Miles
POINT TO MILE RATIO
FOREIGN TRANSACTION FEE
Who is the Card For?
This credit card is for long-time mile collectors. Its high minimum income and absolute rewards program makes it a travel credit card that is specifically for the collection of KrisFlyer Miles—which is one of the more high-value airline miles out there.
Most of the people who can get this card would be mid to high level executives that travel frequently. This will entail that they can take advantage of the very low point-to-mile ratio of 3 KrisFlyer Miles for every PHP15.00 spent.
- Low Foreign Currency Conversion
- Low Point-to-Mile Ratio
- Generous Bonus Miles
- High Minimum Income
- High Foreign Transaction Fee compared to other BDO Credit cards.
- 1 KrisFlyer Mile for ever PHP15.00
- VIP Airport Lounge Access
- Comprehensive Travel Insurance for you and your family
Perks and Benefits
EastWest dropped an amazing co-branded credit card with Singapore Airlines. Along with its great point- to-mile ratio, it also provides a welcome bonus of 3,000 KrisFlyer once you have spent PHP100,000 within the first 3 months after the card activation date and another 5,000 KrisFlyer Miles once you have spent PHP100,000 within 12 months from the card approval date.
- VIP Airport Lounge Access in over 1,200 VIP Airport Lounges around the world through Priority Pass.
- Free Comprehensive Travel Insurance for you and your family of up to PHP 20 Million.
- Mastercard Travel and Lifestyle Services
- Flight Delay Pass
- EastWest Perks and Mastercard Moments
- Global Acceptance
- Smart Chip and Contactless Technology
- 3D Secure Technology
- Billings and Payments in Philippine Peso
- Easy Payment Terms
- High Cash Advance Limit
- Merchant Installment
- Balance Transfer
- Insta-Cash Facility
- Quick Bills Facility
- Free First Supplementary Card
- Electronic Statement of Account Facility
- EastWest Online Banking
- Banking Lost Card Protection
Points and Miles
This credit card is one of the best travel credit cards to come out in the Philippines. With one of the lowest point-to-mile ratio to date, the card makes collecting KrisFlyer Miles very accessible. KrisFlyer Miles is arguably one of the best airline miles to collect as it can be used in numerous airlines thanks to Singapore Airlines being part of the Star Alliance. Aside from that, Singapore Airlines is one of the best airlines to take advantage of points! The most awarded airline can be very expensive, especially in premium cabins—but thanks to KrisFlyer, the award-winning first-class cabins can be accessed by many people!
Credit Card Fees based on the EastWest Website
Annual Fee (Principal)
Annual Fee (Supplementary)
3.50% per month, computed based on average daily balance (or 42% effective rate annually)
Cash Advance Service Fee and Interest Charge
3% of the cash advance amount or Php600, whichever is higher; and 3.50% Interest Charge imposed on the cash advance amount and Cash Advance Service Fee, which shall accrue from the date of availment until full settlement or payment of the latest Total Statement Balance
Cash Advance Over-the-Counter Fee
A fee of Php500 will be charged for cash advance transactions availed over-the-counter at EastWest stores in addition to the Cash Advance Service Fee and applicable Interest Charge. The proceeds of the over-the-counter cash advance transaction shall be net of the Cash Advance Over-the-Counter Fee.
Late Payment Charge
8% of the Minimum Payment Due
Over Credit Limit Fee
Php500 will be charged whenever the outstanding balance exceeds the prescribed credit limit within the billing period.
Returned Check Fee
Php1,500 for every returned check
Php200 for the retrieval of each retail/installment and mail- order/telephone-order charge slip; Php1,250 for the retrieval of each travel and entertainment charge slip
Card Replacement Fee
Php500 for every card replacement
Foreign Currency Conversion Fee
Transactions made in foreign currencies/merchants or those processed by foreign acquirers shall be automatically converted to Philippine Peso at the Mastercard currency conversion rate on the day the transaction is processed, plus a Foreign Currency Conversion Fee of 1.70% which is comprised of Mastercard's Assessment Fee and EastWest's Service Fee.
Gambling and Gaming Fee
A 5% service fee shall be charged on gaming/gambling transactions and/or transactions made at gaming/gambling establishments, including the placement of wagers, purchase of lottery tickets or other values in conjunction with any gaming or gambling activity.
Multiple Payment Fee
Cardholders are allowed a maximum of three (3) payment transactions in EastWest-accredited Payment Channels posted within a statement cycle. A Php50 fee will be charged for each payment posted after the third payment transaction. Payments made in EastWest Payment Channels will not incur any charge.
Installment Pre-Termination Processing Fee
5% of the remaining principal balance or Php500, whichever is higher
Minimum Payment Due Computation
The Minimum Payment Due is the minimum amount that must be paid on or before your Payment Due Date to avoid Late Payment Charge. It is composed of the following: (a) 4% of your Total Statement Balance inclusive of all fees and charges and monthly installment/s, if any, but exclusive of any unbilled installment amount and any amount in excess of your credit limit; (b) past due amount, if any; and (c) any amount in excess of your credit limit. The Minimum Payment Due is the sum of (a), (b) and (c); or Php500, whichever is higher.
Interest Charge Computation
At every billing cycle, you have the option to pay the Total Statement Balance, the Minimum Payment Due, or any amount in between. If you do not pay the Total Statement Balance on or before the Payment Due Date as set out in your Statement of Account, an Interest Charge will be imposed. The Interest Charge in your current Statement of Account is computed based on: (a) the Total Statement Balance from your previous statement date less payment/s or credit/s and (b) Interest Charge imposed on cash advance amount and Cash Advance Service Fee from the date of availment until full settlement or payment of the latest Total Statement Balance.
This is now the best card that you can use to collect KrisFlyer Miles in the Philippines. Especially if you consider how much value you can get from KrisFlyer Miles. Their bonus anniversary miles are at a generous 5000 miles.
This card, although very generous, is simple and doesn’t have a lot of other rewards. It’s a strict travel credit card that rewards frequent travelers.
This hyper-optimized credit card is a great card for mileage collectors and can easily be your main card if you fancy KrisFlyer over Asia Miles and Mabuhay Miles.
How to Apply
- Visit the EastWest website.
- On the sidebar, click on the “Apply for EastWest Products” and choose Credit Cards.
- Read the application and documentary requirements.
- Press the “Continue with Application” button on the bottom part of the page.
- Fill up the rest of the application.
PNB-PAL Mabuhay Miles World MasterCard
Monthly Income: PHP 40,000.00
Annual Fee: PHP 6,000.00 (waived for the first year)
Point to Mile Ratio: PHP 30.00 = 1 mile
Transaction Fee: 2.50%Learn More
HSBC Platinum Visa
Monthly Income: PHP 42,000.00
Annual Fee: PHP 5,000.00
APR: 3.5% per month
Point to Mile Ratio: PHP 25.00 : 1 mile
Transaction Fee: 3.50% per monthLearn More