updated-credit-card-rates-fees-and-caps-in-the-philippines-2020-2021
Credit Card
Updated Credit Card Rates, Cap and Fees in the Philippines 2020 – 2021 by BSP
Heads up to all credit cardholders. Here’s an early Christmas gift for you. Banko Sentral ng Pilipinas (BSP) caps the annual interest rate of credit cards at 24%. That’s right ― credit card issuers will only charge you a monthly interest rate of 2% effective November 3, 2020. BSP will review this circular every six…
21 hours ago
time-deposits-vs-high-interest-savings-accounts-which-one-to-choose
Saving
Fixed Deposits or High Interest Rate Savings Accounts – Which One Should You Choose?
If you’re looking for a safe, low-risk investment option, a fixed deposit or time deposit can be one of your options. Alternatively, you can also grow your savings through digital banks like ING Philippines and CIMB Bank. They offer high-interest rate savings accounts, and opening an account is super easy via the mobile app. Fixed…
2 days ago
how-to-use-your-credit-card-responsibly-during-pandemic
Smart Money
Use Your Credit Card Responsibly During a Pandemic – 7 Moneysmart Tips (2020)
Tough times allow you to recalibrate your finances. If you’re still acing it in discipline and stewardship when it comes to your credit card usage, then good for you. But if you’ve been struggling to pay your credit card bills since the pandemic started, it’s time to reassess how you’re using your credit card. Credit…
23 November 2020
how-to-invest-in-pag-ibig-mp2-savings-program-moneysmart-2020
Saving
How to Invest in PAG-IBIG MP2 Savings Program (Moneysmart Philippines 2020)
There are different ways to grow your hard-earned money. If you’re not satisfied with fixed deposit earnings or with investing in real estate, Bitcoin, or the stock market, then you may want to explore the PAG-IBIG MP2 Savings program. Did you know that with MP2 Savings, you can earn up to a 7.00% dividend rate?…
18 November 2020
quick-guide-virtual-pag-ibig-services-how-to-get-started
Smart Money
What is Virtual PAG-IBIG? (The MoneySmart Philippines Guide 2020)
The Home Development Mutual Fund, also referred to as PAG-IBIG, is often associated with affordable housing loans. But did you know active members also have access to other benefits beyond financing? PAG-IBIG has three types of programs: savings, loans, and insurance. Fortunately, you don’t have to go to a PAG-IBIG branch to access these services.…
15 November 2020
top-10-productivity-apps-to-keep-you-on-track-work-from-home
Career
10 Productivity Apps to Keep You On Track at Work, School or Home – MoneySmart Philippines 2020
Most companies and schools are still following work or study from home arrangements. While this saves everyone a lot of time and energy on travel, a lot of people are still having a hard time managing work, school, and home responsibilities. But don’t fret. Here’s a list of productivity apps (free and premium versions) to…
11 November 2020
prepaid-data-combos-promos-philippines
Lifestyle
Globe, Smart, SunCellular — The Most Affordable Prepaid Data Promos in the Philippines (2020)
Are you fed up with your slow internet when browsing on your mobile phone? Currently, there are only two major players in the telecommunications industry, which are Globe and Smart. Both also have their own subsidiary cellular service, TM and Sun Cellular, respectively. But even with limited options for subscribers, these telecommunication giants offer affordable…
8 November 2020
col-financial-online-brokerage-platform-beginners-guide
Investing
COL Financial – Beginner’s Guide to COL Financial Investment Platform
If you’re planning to invest in the stock market, then the name COL Financial should not be new to you. After all, for as low as P1,000, you can already start investing in their brokerage platform. But before you get too excited, make sure you know the basics of investing in stocks. It’s never risk-free.…
5 November 2020
Pocket Wi-Fi Devices in the Philippines – Which One Should You Use? (MoneySmart 2020)
Lifestyle
Pocket Wi-Fi Devices in the Philippines – Which One Should You Use? (MoneySmart 2020)
With most Filipinos now working or learning from home, the need for a strong and stable internet connection has never been more in demand. If internet application is proving to be a hassle or a challenge, check out these pocket Wi-Fi devices. Make a one-off payment and then just top up whenever you need to.…
2 November 2020
how-to-get-and-top-up-easytrip-account-guide-2020
Automotive
How to Get and Top Up Your Easytrip RFID (MoneySmart Guide 2020)
Heads up to all motorists. Starting November 2, 2020, NLEX and SLEX toll road operators will only allow RFID stickers in settling your toll fees as mandated by the Department of Transportation. This transition to a full RFID system will facilitate cashless transactions, so you don’t need to panic every time you reach the toll…
21 October 2020
10-Things-Filipinos-Should-Know-About-Fixed-Deposits-in-the-Philippines
Investing
10 Things Filipinos Should Know About Fixed Deposits in the Philippines
Thinking of how you can grow your hard-earned money? If neither stocks, real estate investment, nor Bitcoin is your cup of tea, you may want to explore fixed deposits (also known as time deposits). A fixed deposit is one of the simplest ways to invest at low risk. However, your earnings will depend on your…
6 October 2020
best-credit-cards-for-new-cardholders-philippines
Credit Card
Best Credit Cards for New Cardholders in the Philippines (2020)
So you’re ready to apply for a credit card. You already have the requirements, but now you’re wondering what type of credit card to get. There are three common types of credit cards in the market you can choose from: rewards, air miles, and cashback. Your choice depends on the features and benefits you want.…
5 October 2020
Cliqq-eWallet-MoneySmart-Review-2020
Smart Money
CLiQQ eWallet MoneySmart Review 2020
Electronic wallets are a must in this new normal. They allow us to manage our bills payments, money transfers, and other cashless transactions on the go. Thankfully, GCash, PayMaya, and Coins.PH help us settle payments without queues and branch visits. Alternatively, there’s an app called CLiQQ that you may want to explore. It’s useful if…
3 October 2020
compare-the-lowest-interest-rates-of-credit-cards-philippines
Credit Card
Compare the Lowest Interest Rates of Credit Cards in the Philippines (2020)
Planning to apply for a new credit card? Not satisfied with your existing credit card? Whether you’re a first-time cardholder or would like to switch, you need to compare credit cards first before signing up. Moneysmart folks keep an eagle eye on credit cards with the lowest interest rates and fees. With that said, here’s…
2 October 2020
Budgeting 101: The Best Apps to Track Your Expenses
Smart Money
Budgeting 101: The Best Apps to Track Your Expenses
If you find it hard to budget your money or worse, you’ve recently been retrenched, it’s time to step back and assess your finances. Fortunately, it’s never too late to learn financial management skills, especially during this crisis. One of the things you can do to efficiently manage your expenses is to keep a record.…
1 October 2020
Abra wallet review pros and cons
Smart Money
Abra Wallet MoneySmart Review 2020
Bitcoin, Ethereum, Ripple are some of the popular cryptocurrencies that are making rounds on the internet. If you know a little about them, you should also know that a digital wallet is a must-have to store these digital assets. If you’re looking for other digital wallet options, you may want to explore the Abra wallet.…
18 September 2020
The Pros and Cons of Online Learning in the Philippines – MoneySmart 2020
Lifestyle
The Pros and Cons of Online Learning in the Philippines – MoneySmart 2020
As Covid-19 cases continue to rise in the Philippines, most schools have adapted online teaching and learning to keep students safe and help control the spread of the virus. The online learning set-up is a combination of synchronous learning (learning at the same time with classmates and a teacher) and asynchronous learning (learning at any…
17 September 2020
Set Up Your Own Online Business – MoneySmart Guide 2020
Earn Money
Set Up Your Own Online Business – MoneySmart Guide 2020
So you’ve decided to be an entrepreneur and put up your own online business. Congratulations for making this decision to create a new stream of income! Connections on Facebook and Instagram make it look so quick and easy. But there are still a lot you need to know and prepare for to have a successful…
17 September 2020
A Parent’s Checklist for Your Child’s Online Learning Success – MoneySmart (2020)
Lifestyle
A Parent’s Checklist for Your Child’s Online Learning Success – MoneySmart (2020)
The Department of Education recently announced that it’s pushing back the opening of classes this year to October, giving more time for teachers, parents, and students to prepare for the online learning set-up. It’s a big change that will require time, preparation, and yes, money. To facilitate online learning at home, you will need to…
16 September 2020
Self-Care Check: Ways to Take Care of Yourself Without Really Spending
Lifestyle
Self-Care Check: Ways to Take Care of Yourself Without Really Spending
When we hear the words ‘self-care’, we instantly think about lush beauty products, luxurious getaways, boutique exercise classes, and Instagram-worthy meals. They all sound wonderful for your stressed out mind, tired body, and weary soul. Especially if you have a lot of money to spare. Some of you may think self-care practices during this pandemic…
16 September 2020
How To Manage Money Successfully As a Couple – MoneySmart 2020
Smart Money
How To Manage Money Successfully As a Couple – MoneySmart 2020
When it comes to talking about money matters with your significant other, it can get a little tricky. But there’s a way to have real talk about money without feeling stressed, embarrassed, or emotional. Every relationship is different. Building a good system that will help you manage your finances as a couple takes work. But…
16 September 2020
MoneySmart Tips for First-Time Credit Cardholders (2020)
Credit Card
MoneySmart Tips for First-Time Credit Cardholders (2020)
Are you a first-time credit cardholder? It’s such a thrill to finally own this little plastic and buy the things you’ve always wanted. However, there are limitations to a credit card and responsibilities as a credit cardholder. Before you activate your card and start swiping, it’s important to know that with each swipe, you owe…
16 September 2020
AUB HelloMoney review
Saving
AUB HelloMoney Prepaid Banking Account – MoneySmart Review 2020
Banking is made easy these days as banks shift to digital platforms. For instance, ING Philippines and CIMB Bank have gone branchless on new applications. Simply download the mobile app, and you can open a savings account right on your phone. With unending community quarantines in different cities and increasing numbers of COVID-19 cases, it’s…
3 September 2020
10 best savings accounts with life insurance in the Philippines
Saving
10 Best Savings Account with Free Life Insurance in the Philippines – MoneySmart Review 2020
Saving money requires a lot of discipline and sacrifice. It’s even more challenging to save money if you have been retrenched during this pandemic and you’re only just about to start building your emergency fund. Luckily for you, there are several commercial banks that offer regular savings accounts with free life insurance without monthly premium…
1 September 2020
Top 8 Websites to Find Workout Essentials & Gym Equipment (MoneySmart 2020)
Lifestyle
Top 8 Websites to Find Workout Essentials & Gym Equipment (MoneySmart 2020)
It’s tempting to be a couch potato and binge watch Netflix shows during this quarantine period. While there’s nothing wrong with entertainment, your health and physical well-being are more important these days. According to experts, people who are overweight are more susceptible to fatal conditions if they are infected by COVID-19. To strengthen your immune…
3 August 2020