To all the ladies in the house, heads up. If you’re planning to apply for a new credit card, here are the best credit cards for women you can compare online. As of this writing, the interest rates are capped at 2.00% per month and a flat fee of P200 for cash withdrawals, but each card issuer has different overlimit charges, annual fees, and more.
With the right credit card, you can unlock promos, deals, and perks that will help you save more money. Let’s check out these credit cards and determine which one best suits your spending habits.
|Credit Card||Annual Fee||Best Use|
|BDO ShopMore Mastercard||P1,800||SM stores, retail affiliates, and online stores|
|China Bank Cash Rewards||P3,588||In-store and online shopping with cashback|
|EastWest Bank Dolce Vita||P2,000||Health and beauty, wellness and spa, and online shopping|
|HSBC Red Mastercard||P2,500||Online shopping, dining, and travel|
|Metrobank Femme Signature Visa||P5,000||Hotel accommodations, hospital bills, spas, and restaurants.|
|Union Bank Lazada Mastercard||P3,000||Online shopping on Lazada|
BDO ShopMore Mastercard
BDO ShopMore Mastercard is pretty much useful for anyone who frequently shops on SM retail and online stores because you earn rewards points. It comes with a free SMAC (SM Advantage Card) that lets you earn extra points when you purchase items on any SMAC-affiliate establishments nationwide aside from SM retail stores.
Use this credit card during selected days and weekends in partner establishments, participating SM retail affiliates, and The SM Store to earn 10% cash rebate, but terms and conditions apply. You also enjoy up to 36 months of zero percent interest with EasyPay Installment when you purchase items from over 11,000 partner stores nationwide with a minimum single purchase of P3,000.
Other benefits you get from using this card are bill payments and access to perks, freebies, and discounts whenever you shop, dine, or travel. The minimum annual income requirement is P260,000, and it has a yearly fee of P1,800.
China Bank Cash Rewards
China Bank Cash Rewards lets you earn cash rebates of up to 6% on your purchases and daily spend. Merchant categories like non-supermarket, non-fuel, and non-drugstore have a minimum required transaction of P1,000 for you to earn 6%. Meanwhile, for fuel and drugstore items, you earn 1% cash reward with a minimum transaction of P1,000. Grocery and supermarket transactions give you 1% cash rewards with a minimum transaction of P5,000.
The credit card also offers installment programs for your big purchases to enjoy up to 36 months of zero interest at participating establishments. You can also convert a transaction with a big amount with the Transaction Conversion program for lighter payment options with low-interest rates up to 24 months.
If you have this card, you also have access to exclusive deals, promotions, and freebies for your shopping and dining experience in selected merchant partners and participating establishments. It has a virtual card that you can use for your online transactions and has the same rewards scheme as your physical card. If you want to apply, you must have an annual income of at least P500,000, and you pay an annual fee of P3,588 as a principal cardholder.
EastWest Bank Dolce Vita Titanium
EastWest Bank Dolce Vista Titanium Mastercard is a premium credit card specially designed for women who want shopping, dining, beauty, travel, health, and wellness perks. With every P100 charged, you earn 1 Charm, and once you have accumulated many charms, you may redeem eGifts and vouchers or waive your annual fee as your rewards.
Use this credit card in over 30 million establishments in 200 countries where Mastercard is accepted. You will find it useful for your billings and recurring payments. If you wish to convert big purchases in easy payment terms, you may do so with applicable interest charges and terms with the Convert-to-Installment option payable in 6, 12, 18, and 24 months. Avail the 0% interest rate on selected items at participating stores and brands.
This card is for you if you love luxury shopping, dining and love splurging on health and wellness purchases. Enjoy 15% to 76% off at participating wellness and skin clinics and 12% off on Minimart purchases. It’s a premium credit card and has a minimum annual income requirement of P300,000 with an annual membership fee of P2,000.
HSBC Red Mastercard
HSBC Red Mastercard is a rewards card for women who love to collect points from their spending. This card lets you earn 1 bonus point for every P20 you spend. What’s more, you can even earn up to 4X bonus points when you use this card at participating stores and affiliate merchants, and retailers. From shopping to dining and travel, accelerated rewards cover online and overseas transactions depending on the spending category, and terms and conditions apply.
Aside from bonus points, you also get 6% Caltex fuel rebate on your first transaction and then 3% rebate the whole year. You can take advantage of a zero percent interest rate for your big purchases when you make transactions in participating merchants, brands, and retail stores. With your accumulated points, you can redeem Lazada and Zalora gift certifications, appliances, air miles, to name a few.
HSBC is offering a waived annual fee for your first year, and you pay P2,500 from your second year onwards. The minimum income requirement to apply for this card is P200,000.
Metrobank Femme Signature Visa
Metrobank Femme Signature Visa is a lifestyle reward credit card, which is useful for your shopping, dining, travel, and health and wellness spending. You earn 1 reward point for every P20 you spend. On top of that, if you use it for hotel accommodations, spas, salons, hospital bills, and overseas spending, you earn triple points.
For your big purchases, you can use 0% Installment Program from a wide range of participating merchants and retailers and settle your bills in installment terms of 3, 6, 9, 12, 18, and 24 months. You may redeem gift certificates from Abenson, Coffee Bean, Rustans, S&R, Planet Sports, and more using your accumulated points. The minimum annual income is P700,000 if you plan to apply for this card, and the annual fee is P5,000, which is waived in your first year.
UnionBank Lazada Mastercard
UnionBank Lazada Mastercard is the ideal credit card for people who love shopping on Lazada. For every P200 you spend, you earn P6.00 Lazada credits. Meanwhile, if you use the card on other merchants for every P200, you earn P1.00 Lazada credits. You also enjoy exclusive Lazada discounts and privileges such as free shipping, access to vouchers, mega sales, to name a few.
You can activate your virtual credit card once you are approved, so you don’t need to wait for the physical card through the UnionBank mobile app. What’s more, for starters, you have free P5,000 Lazada credits as your welcome gift if you have accumulated retail spend worth P20,000 at Lazada within 60 calendar days from the card approval.
The annual fee is waived for the first year, and then you pay P3,000 the following year as the principal cardholder. The minimum income requirement to apply for this card is P360,000.
Which is the best credit card for you?
If you want to maintain a credit card with a low annual fee and minimum income requirement, the BDO ShopMore credit card is the best option, especially if you love shopping and want to get all the discounts and perks from SM retail stores and merchant partners. On the other hand, if you love to shop on Lazada and get discounts and bonuses and earn credits whenever you make purchases, UnionBank Lazada Mastercard is a good choice. However, it has the highest annual fee on this list.
What do you think of these credit cards? Which one do you think will help you earn more points and give you access to discounts and special deals?