• Equicom Savings Bank Credit Card

    Equicom Savings Bank Credit Card
    Credit Card
    Annual Fee
    Reward type
    Equicom Gold Credit Card
    Annual Fee:
    P2,000
    Reward type:
    Shopping and Utilities
    Equicom Classic Credit Card
    Annual Fee:
    P1,000
    Reward type:
    Shopping and Utilities

    Equicom Savings Bank is a leading credit card company in the Philippines. The Equicom Savings Bank credit cards offer exclusive benefits and privileges. They are accepted across the globe and are widely recognised.

    Features and Benefits of Equicom Savings Bank Credit Cards

    Following are the various features and benefits of Equicom Savings Bank credit cards:

    • The Equicom Savings Bank credit cards are accepted at over 31 million Visa accredited establishments.
    • You can get two credit limits on a card, one for local purchases and one for purchases abroad. The local purchases credit limit will be in peso and the international credit limit will be in dollars.
    • You can issue cheques for up to 100% of your credit card’s credit limit.
    • You can get instant cash and you can make the repayments in easy installments.
    • You can transfer other credit card balances to your Equicom Savings Bank credit card and pay the balance in monthly payments.
    • For every P300 spent on the credit card, you earn 1 Key Point. The point can be redeemed at any Visa merchant establishments.
    • You get supplementary credit cards.
    • The interest rates are lower.
    • You can settle your credit card balances at the Equicom Savings Bank branch, auto-debit facility, mobile banking, or through the payment centres.

    Eligibility Criteria to Avail Equicom Savings Bank Credit Card

    In order to be eligible to avail an Equicom Savings Bank credit card, you must meet the following requirements:

    • You must be between the ages of 21 to 71.
    • You must be a Philippine resident.
    • You must have a minimum annual income of P120,000 to get a Classic card. If you want a Gold card, you must have a minimum annual income of P500,000.

    Document Requirements

    You must submit the following documents along with your application form:

    • Latest ITR with Bank or BIR Stamp or BIR Form 2316.
    • Two of the following are to be submitted as proof of identification:
      • Driver’s license
      • Passport
      • SSS
      • Company ID
      • PRC ID
      • GSIS Photocard
      • BIR ID
      • ACR or ICR Immigrant Certificate of Registration
      • OFW ID
      • Integrated Bar of the Philippines ID
    • Employed applicants must submit any of the following:
      • Employment contract
      • Certificate of Employment
      • Notice of Salary Increase
      • Latest payslip
      • Letter of Appointment
      • Latest credit card statement
    • Self-employed applicants must submit all of the following:
      • Audited financial statements
      • Latest ITR
      • Latest credit card statement or certificate of bank deposit
      • Copy of registration with DTI, SEC, or any appropriate government agency
    • Foreigners must submit any of the following documents:
      • Alien Certificate of Registration
      • Philippine Visa
      • Immigration Certificate of Residence

    Types of Equicom Savings Bank Credit Cards

    Following are the various types of credit cards offered by Equicom Savings Bank:

    • Equicom Savings Bank Gold card
    • The card is widely accepted. You get dual currency billing facility. You can transfer your balance and have unlimited supplementary cardholders.

    • Equicom Savings Bank Classic card
    • You get dual currency billing facility. You can enjoy separate credit limit for instalment purchases. You can have unlimited supplementary cardholders.

    Supplementary Cards

    You can share the benefits of Equicom Savings Bank credit cards with your loved ones. You can enrol for as many supplementary cards as you want. You can also assign a sub-limit for each supplementary credit card.

    Equicom Savings Bank Credit Card Fees and Charges

    Following are the applicable fees and charges:

    Annual fees – Primary card

    Gold – P2,000

    Classic – P1,000

    Annual fees – Supplementary card

    Gold – P1,000

    Classic – P500

    Minimum amount due

    5% of the purchases or P500, whichever is higher.

    Interest rate

    Peso – 3%

    Dollar – 2.5%

    Cash advance interest rate

    Peso – 4.5% of the amount plus P100 service fee.

    Dollar – 2.4% of the amount plus $2 service fee.

    Late payment interest rate

    Peso – 5%

    Dollar – 4%

    Installment plan pre-termination fee

    5% of the unpaid amount or P500, whichever is higher.

    Super cheque service fee

    1.5% if the amount issued.

    Returned cheque fee

    P1,000

    Card replacement fee

    P400 per card.

    Internet card replacement fee

    P100 per card.

    Sales slip retrieval fee

    P350 per sales slip.

    Monthly maintenance fee

    Peso credit balance account – P200

    Dollar credit balance account - $5

    International balance inquiry fee

    $1 per transaction.

    How to apply for an Equicom Savings Bank Credit Card?

    You can apply for a credit card by visiting the nearest Equicom Savings Bank branch. You can also apply for Equicom Savings Bank credit card online. You will have to fill out your personal and employment information when applying for the card. You can also apply for the supplementary card online.

    Equicom Savings Bank Credit Card Hotline

    You can reach Equicom Savings Bank at 632-241-5952 or at the toll-free number, 1-800-10-378-4266.

    FAQs about Equicom Savings Bank Credit Card

    1. What is the annual fee charged for Equicom Savings Bank credit cards?
    2. You get charged P1,000 – P2,000 as an annual fee.

    3. What are the rewards I’m eligible for?
    4. For every P300 spent on the credit card, you earn 1 Key Point. The point can be redeemed at any Visa merchant establishments.

    5. What is the credit limit offered?
    6. You get two credit limits on one card, one for dollar billings and another for peso billing.

    7. What is the minimum amount due on the credit cards?
    8. The minimum amount due is 5% of the purchases or P500, whichever is higher.

    9. Can I issue cheques from my credit card account?
    10. Yes, you can issue cheques for up to 100% of your credit card’s credit limit.

    11. How to report a lost or stolen Equicom Savings Bank credit card?
    12. If you credit card is lost or stolen, you must immediately report to the Equicom Savings Bank customer service at 632-241-5952 or 1-800-10-378-4266. You can also write to Equicom Savings Bank. You can request for a card replacement at the time of reporting it lost or stolen. When you report the card, you will be free from the obligation from fraudulent charged made from the time you report the loss. The cardholder will be responsible for the transactions incurred prior to the report.


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