Overview of Security Bank Gold Mastercard
The Gold Mastercard from Security bank is your mid range card accepted at millions at establishments worldwide through a wide network of affiliated partners and merchants. The card is offered with a slew of benefits such as never expiring rewards points and access to exclusive promos at affordable fees and charges.
If you’re looking for a standard card with world class features and benefits, this is the right card for you. Plus, you get access to round the clock customer service along with various online and offline tools to help you deal and manage the card. The following sections will help you further in understanding this credit card offering from Security Bank.
Features & Benefits
Secured Shopping Online
Shopping online can be tricky, owing to a plethora of risks involved such as phishing and frauds. There are hundreds of such instances occurring everyday. With the Mastercard eSecure, you can prevent compromise by means of one time passwords to authenticate the transaction, set limits for online shopping and other utilities to make it a delightful experience.
Mastercard Initiated Promos
Mastercard welcomes you to a sea of promos such as 15% discount at Universal Studios & S.E.A Aquarium along with other deals to keep you engaged. With this card, you can choose promos that allows you to enjoy freebies, deals, discounts at your favorite restaurants and shops.
Rewards Points Program
For every P20 spent on this credit card, you earn 1 rewards point into your account which can be used for a host of deals and goodies across categories such as dining, shopping, charity and more. Since the points never expire, you can accumulate as much as you want and redeem them whenever you want to.
Supplementary Cards for Your Loved Ones
Share the assigned credit with your family members as Security Bank lets you get up to 5 supplementary cards under the same account. You can help your family manage their finances by giving them a card. Plus, monitor them all under the same account with useful tools such as online banking.
Modest Fees & Charges
The AMF (Annual Membership Fee) for the Gold Mastercard is P2,500 and each supplementary card is billed P1,500, making it quite affordable. The interest charges are billed at the rate of 3.5 % per month.
Balance Transfer Services
The card allows you to transfer outstanding balances from other credit cards at a low rate starting at just 1.90%. Transferring outstanding credit allows you to consolidate balances and save money by way of low rates and installment payments.
Cash Advance Facility
Make withdrawals from the ATM whenever you want as this card lets you make cash advances of up to 30% of the credit limit. With the Security Bank Mastercard, you will never run out of options to have cash, specially when you need it the most.
World Class Customer Service
You can get in touch with the bank via various channels such as calling the customer service wing on 88-791-88 or visiting any of the branches in the large network. Plus, eSOA (Statement of Account) is sent to the registered email account as and when the bill is generated.
Interest Rate & Fees
- Primary cards are billed P2,500 as annual fee while each supplementary card is billed P1,500.
- Retail purchases are billed interest charges at the rate of 3.5% per month (Effective Interest Rate).
The table below will throw further light on the basic fees and charges applicable on the basis of the transaction.
|Late Payment Fee||6% of the minimum amount due or P600, whichever is higher.|
|Cash Advance Fee||5% of the amount withdrawn or P500, whichever is higher.|
|Card Replacement Fee||P400 for each card replaced. Which includes all types of replacements including damage or loss.|
|Returned Check Fee||P1,000 for each check returned|
|Minimum Amount Due||4% of the outstanding balance or P500, whichever is higher.|
Frequently Asked Questions
- I lost my Gold Mastercard from Security Bank. What should I do?
Please report the card loss immediately to the customer service wing on 88-791-88. Your card will be blocked to ensure no misuse and a new card will be issued with a different number. A charge of P400 (billed to the card account) is applicable.
- I am planning to travel abroad. How is the currency exchange computed and are the charges posted immediately to the account in Pesos?
Transactions in currencies other than Pesos are converted as per prevailing exchange rate at the time of of posting the charges to the credit card account. The charges are posted to the account as and when they occur.
- How do I initiate a balance transfer on my Gold Mastercard?
Security bank is one of the few banks in the country that lets you apply for a balance transfer online, on the official portal. You can access this page by navigating through the “Cards Section”.
- Is there a bills payment service provided by Security bank to auto pay bills from my Gold Mastercard?
Yes, you can auto pay utility bills under the Bill Assist Program. By filling a simple form online, you will be contacted by the representatives for verification and to sign you up for this service. Further details can be obtained by calling the customer service.
- How do I get details of the ongoing promos on credit cards from Security Bank?
You can visit the “Cards” section of the official website of Security bank where the Promos section can be found by scrolling down.