credit-card | ABS-CBN News

Your monthly credit card interest rate is up by 50 pct

Aneth Ng-Lim
Posted at Jan 25 01:10 PM

We are not talking about 10 percent, or 20 percent but 50 percent more, with a jump from 2 percent monthly add-on rate to as much as 3 percent. Read more »

Interest rate cap sa credit card itinaas sa 3 percent kada buwan

ABS-CBN News
Posted at Jan 24 09:03 PM

Itinaas ng Bangko Sentral ng Pilipinas ang maximum interest rate sa mga credit card transaction. Read more »

Credit card group welcomes hike in monthly charges

ABS-CBN News
Posted at Jan 23 02:10 PM

The Credit Card Association of the Philippines said on Monday it welcomes the decision of the Bangko Sentral ng Pilipinas to raise the ceiling on credit card monthly interest rates to 3 percent. Read more »

BSP hikes ceiling on credit card fees to 3 percent

ABS-CBN News
Posted at Jan 23 09:25 AM

The Bangko Sentral ng Pilipinas said it has approved the increase in the monthly ceiling of fees imposed on unpaid credit card outstanding balance by 100 basis points to 3 percent from the previous 2 percent. Read more »

Tracking your money is important: Nasaan ang resibo?

Aneth Ng-Lim
Posted at Jan 09 02:32 PM

While keeping receipts and tracking your expenses can be such a chore, more and more consumers are discovering they need to do this, especially in light of rising fraud cases. Read more »

Bank lending expands 13.7 pct in November: BSP

ABS-CBN News
Posted at Jan 04 12:25 PM

Outstanding loans of universal and commercial banks, net of reverse repurchase placements with the Bangko Sentral ng Pilipinas, grew by 13.7 percent in November from 13.9 percent in October last year. Read more »

Find 'free money' to keep and give away for holidays

Aneth Ng-Lim
Posted at Dec 19 04:55 PM

A former officemate clued me in on why she always manages to give herself a great gift without breaking her budget every time the holidays come around. Read more »

Credit card fee hike? BSP to review ceiling as rates rise

ABS-CBN News
Posted at Dec 15 05:04 PM

The BSP said it is set to review the ceiling placed on fees imposed on credit card interest rates and fees due to recent hikes in the benchmark rate. Read more »

ALAMIN: Mga paalala sa paggamit ng credit card

ABS-CBN News
Posted at Dec 03 01:42 PM

May credit card ka ba o nagbabalak kumuha? Read more »

Philippines' GCash launches cross-border payments with Alipay+

Jessica Fenol, ABS-CBN News
Updated as of Nov 24 07:45 PM

GCash now works in select stores not just in Singapore but also in Malaysia, South Korea and Japan. GCash and Alipay+'s partnership enabled the e-wallet to be used in stores that accept Alipay+ payments. Read more »

Credit card interest ceiling stays at 2 pct per month: BSP

ABS-CBN News
Posted at Nov 15 02:20 PM

The Bangko Sentral ng Pilipinas on Tuesday said it has decided to keep the existing ceiling on credit card transaction fees and monthly interest rates. Read more »

'Mga Pinoy nangungutang kahit may banta ng mas mataas na interes'

ABS-CBN News
Posted at Nov 03 08:34 PM

Sa kabila ng mataas na inflation at banta ng pagtaas ng interes sa pautang ng mga bangko, tuloy pa rin sa pag-utang ang maraming Pilipino. Read more »

Interes sa mga pautang inaasahang tataas dahil sa inflation

ABS-CBN News
Posted at Oct 17 08:47 PM

Dahil patuloy na tumataas ang inflation, asahang tataas din ang interes sa mga pautang, ayon sa mga eksperto. Read more »

SIM registration seen to curb credit card fraud

ABS-CBN News
Posted at Oct 17 12:15 PM

The SIM registration law will help curb credit card fraud and boost digitalization in the country, the Credit Card Association of the Philippines (CCAP) said. Read more »

'High interest rate, elevated inflation to slow household consumption'

ABS-CBN News
Updated as of Oct 14 11:55 AM

Household consumption could slow down in the next few months due to interest rate hikes by the central bank and elevated inflation, an economist said. Read more »

Stages of grief from credit card fraud

Aneth Ng-Lim
Posted at Oct 10 03:25 PM

A week ago, I used my mobile banking app to transfer funds and decided to also look into my credit card balance. Read more »

BPI system maintenance from late Oct. 1 to early Oct. 2

ABS-CBN News
Posted at Sep 30 09:53 AM

Some BPI services will be unavailable temporarily from the evening of Oct. 1 to Oct. 2. due to system maintenance. Read more »

Bank lending expands by 12 pct in July

ABS-CBN News
Updated as of Aug 31 12:27 PM

The outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas expanded in July. Read more »

Laptops, bicycles top items for Home Credit loans

Warren de Guzman, ABS-CBN News
Updated as of Aug 30 10:22 PM

Consumer finance company Home Credit on Tuesday said laptops and bicycles have recently become the top items for customers applying for loans. Read more »

Metrobank posts P15.6 billion net income in first half of 2022

ABS-CBN News
Updated as of Aug 02 02:09 PM

Metropolitan Bank & Trust Co on Tuesday said it posted a net income of P15.6 billion in the first half of 2022. Read more »