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Fees and Charges of Major Card Issuers
Credit Card Pricing Fees and Charges of Major Card Issuers
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Content Classic Cards Cards for the Fee-Conscious Gold Cards
Rebate Cards Premium Cards Dollar Cards Cards for Women Internet Cards Cards for Motorists Cards for Shopping Cards for Travel
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Classic Credit Cards Fees and Charges Membership Fee – Principal
Membership Fee – Supplementary Retail Finance Charge Cash Advance Finance Charge Cash Advance Service Fee Cash Advance Over the Counter Fee Foreign Currency Conversion Fee Late Payment Fee Over Credit Limit Fee Returned Check Fee Invoice Retrieval Fee – T&E Invoice Retrieval Fee – Others Card Replacement Fee
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Classic Cards: Membership Fee - Principal
MCC ranked 6th in the classic credit cards highest membership fee, charging PHP 1,500 like BPI, Citi, BDO, EWB, RCBC, and Chinabank. Membership Fee Classic Credit Cards AUB – membership fee perpetually waived MCC & BPI – membership fee waived on the 1st year
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Classic Cards: Membership Fee - Supplementary
MCC ranked 5th in the supplementary membership fee in classic credit cards, following closely to BDO’s AMEX Blue with only PHP 40 difference. Classic Credit Cards * MCC – Waived on the first year ** BPI Blue – 1st supplementary Free For Life *** Chinabank & AUB – Supplementary Free For Life
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Classic Cards: Retail Finance Charge
MCC charges the highest retail finance charge among the classic credit cards of the major players in the industry. Retail Finance Charge Classic Credit Cards
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Classic Cards: Cash Advance Finance Charge
MCC charges the 2nd highest cash advance finance charge for classic credit cards at 3.96%, higher than the industry average by 0.45%. Cash Advance Finance Charge Classic Credit Cards
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Classic Cards: Cash Advance Service Fee
MCC ranked 1st with EWB in the minimum charge for the cash advance service fee for classic credit cards. CashAdv Service Fee Classic Credit Cards It ranked 9th in the percentage rate, whichever is higher between these two amounts will be the amount charged to the customers. CashAdv Service Fee Charged whichever is higher PNB – PHP %
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Classic Cards: Cash Advance Over the Counter Fee
MCC ranked 1st in the cash advance over the counter credit charge for classic credit cards, tied with Citi, EWB, Union Bank, Security Bank and BDO JCB. CashAdv OTC Charge Classic Credit Cards
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Classic Cards: Foreign Currency Conversion Fee
MCC ranked 5th in the classic cards foreign currency conversion fee, charging at 2.50% which is just a little lower than the 2.533% industry average. Foreign Currency Conversion Fee Classic Credit Cards BDO JCB, Security Bank, & AUB – Bank Selling Rate
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Classic Cards: Late Payment Charge
MCC charges the highest minimum late payment charge for classic credit cards. Late Payment Charge Classic Credit Cards Late Payment Charge Classic Credit Cards Charged whichever is higher
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Classic Cards: Over Credit Limit Fee
MCC charges a PHP 500 for customers going beyond their credit limit. This is the same charge implemented by most of its competitors – BDO, BDO AMEX, RCBC, SCB. Union Bank, PNB, and Security Bank. Over Credit Limit Fee Classic Credit Cards
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Classic Cards: Returned Check Fee
MCC is tied with Citi as the highest returned check fee for classic credit cards. MCC is charging PHP 1,500 per check, higher than the industry average by PHP Returned Check Fee BPI Blue & BPI Family = % of the amount
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Classic Cards: Invoice Retrieval Fee – T&E
MCC ranked 6th in the invoice retrieval fee – T&E with outlier EWB at 1st. Invoice Retrieval Fee Classic Credit Cards * BDO – International: PHP 450 ** AUB, AMEX Blue & BDO JCB – International: PHP 500 *** PNB – International: USD 15 **** Bank of Commerce – International: PHP 300
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Classic Cards: Invoice Retrieval Fee - Others
MCC ranked 4th in the invoice retrieval fee for non-T&E sales slips with BDO AMEX, BDO AMEX Blue, BPI Blue, and BDO JCB, charging PHP 40 more than the industry average. Invoice Retrieval Fee Classic Credit Cards * BDO – International: PHP 450 ** AUB, AMEX Blue & BDO JCB – International: PHP 500 *** PNB – International: USD 15 **** Bank of Commerce – International: PHP 300
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Classic Cards: Card Replacement Fee
MCC ranked 2nd in the classic cards card replacement fee with 12 other cards. Card Replacement Fee Classic Credit Cards * Bank of Commerce & Equicom – PHP 200 for damaged/spoiled cards
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Gold Credit Cards Fees and Charges Membership Fee – Principal
Membership Fee – Supplementary Retail Finance Charge Cash Advance Finance Charge Cash Advance Service Fee Cash Advance Over the Counter Fee Late Payment Charge Foreign Currency Conversion Fee Over Credit Limit Fee Returned Check Fee Invoice Retrieval Fee – T&E Invoice Retrieval Fee – Others Installment Pre-termination Fee Card Replacement Fee
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Gold Cards: Membership Fee – Principal
MCC is 3rd in the gold credit cards membership fee for principal cardholders. Membership Fee Gold Credit Cards * BDO, Security Bank, & Bank of Commerce – Waived on the first year ** AUB – Perpetually waived
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Gold Cards: Membership Fee - Supplementary
MCC is 1st in the highest charging membership fee for supplementary gold cards with BDO AMEX, Security Bank, and RCBC, charging PHP more than the industry average. Membership Fee Gold Credit Cards * BDO – First year free ** BPI – First supplementary free for life *** AUB – Perpetually waived
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Gold Cards: Retail Finance Charge
MCC ranked 1st in the retail finance charge, charging 3.54% in the industry dominated by 3.50% retail finance charge. Retail Finance Charge Gold Credit Cards
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Gold Cards: Cash Advance Finance Charge
MCC ranked 2nd in the cash advance finance charge for gold cards, charging 0.38% more than the industry average. Cash Advance Finance Charge Gold Credit Cards
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Gold Cards: Cash Advance Service Fee
MCC ranked 7th in the percentage cash advance service fee, and 1st in the minimum cash advance service fee. Cash Advance Service Fee Gold Credit Cards Cash Advance Service Fee Gold Credit Cards Charged whichever is higher
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Gold Cards: Cash Advance Over the Counter Charge
MCC charges the highest cash advance over the counter charge for gold cards, tied with EWB, Security Bank, and Union Bank. CashAdv OTC Charge Gold Credit Cards
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Gold Cards: Late Payment Charge
MCC ranked 1st in the late payment charge for gold cards, charging PHP which is PHP more than the industry average. Late Payment Charge Gold Credit Cards Charged whichever is higher
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Gold Cards: Foreign Currency Conversion Fee
MCC ranked 2nd in the foreign currency conversion fee, tied with 6 other cards. Foreign Currency Conversion Fee Gold Credit Cards Security bank – bank selling rate
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Gold Cards: Over Credit Limit Fee
All gold cards charge over credit limit fee of PHP Over Credit Limit Fee Gold Credit Cards
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Gold Cards: Returned Check Fee
MCC ranked 1st in the retuned check fee for gold cards, charging PHP 1, which is PHP more than the industry average. It is followed by BDO and BDO AMEX’s PHP 1, charge. Returned Check Fee Gold Credit Cards * BPI = PHP % of the amount
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Gold Cards: Invoice Retrieval Fee – T&E
MCC ranked 3rd in the invoice retrieval fee – T&E. Invoice Retrieval Fee – T&E Gold Credit Cards * BDO, AMEX, & AUB – International: PHP 500 ** Bank of Commerce – International: PHP 300
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Gold Cards: Invoice Retrieval Fee - Others
MCC ranked 3rd in the invoice retrieval fee for non-T&E sales slip, charging PHP 300 which is slightly higher than the industry average of PHP Invoice Retrieval Fee Gold Credit Cards * BDO, AMEX, & AUB – International: PHP 500 ** Bank of Commerce – International: PHP 300
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Gold Cards: Installment Pre-termination Fee
MCC ranked 5th in the installment pre-termination fee with outlier Union Bank at first. Gold Credit Cards * Or 5% whichever is higher ** BPI – If done prior to first billing, +2%
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Gold Cards: Card Replacement Fee
MCC ranked 2nd in the gold cards replacement fee, tied with 8 other cards. Card Replacement Fee Gold Credit Cards * Bank of Commerce – PHP 200 for damaged cards
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Premium Credit Cards Fees and Charges Membership Fee – Principal
Membership Fee – Supplementary Retail Finance Charge Cash Advance Finance Charge Cash Advance Service Fee Cash Advance Over the Counter Fee Late Payment Fee Foreign Currency Conversion Fee Returned Check Fee Invoice Retrieval Fee Installment Pre-termination Fee Gambling and Gaming Fee Card Replacement Fee
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Premium Cards: Membership Fee – Principal
MCC World ranked 2nd and MCC Platinum ranked 6th in the premium cards principal membership fee. Membership Fee Premium Cards * EWB & Bank of Commerce – Perpetually waived
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Premium Cards: Membership Fee - Supplementary
MCC World ranked 2nd in the supplementary membership fee for premium cards. It charges PHP 3, per supple starting from the 3rd supple (first 2 supple FFL). MCC Platinum ranked 7th, charging at PHP 2, (first supple FFL). The industry average is PHP 1, Membership Fee Premium Cards * MCC (Plat), Citi, & BDO – First supple FFL ** MCC (World) – First 2 supple FFL *** EWB & Bank of Commerce – Perpetually waived
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Premium Cards: Retail Finance Charge
MCC Platinum and MCC World are tied as the highest retail finance charge for premium cards, both charging at 3.54%. The industry is dominated by 3.50% charge. Retail Finance Charge Premium Cards
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Premium Cards: Cash Advance Finance Charge
MCC World and MCC Platinum are 1st in the cash advance finance charge, both charging at 3.96%, which is higher than the industry average by 0.70%.
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Premium Cards: Cash Advance Service Fee
MCC ranked 10th in the percentage rate and 1st in the minimum cash advance service fee. CashAdv Service Fee Premium Cards Charged whichever is higher * BDO & AMEX – Or 5% whichever is higher; dollar 5% or USD 6 whichever is higher
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Premium Cards: Cash Advance Over the Counter Fee
MCC Platinum and MCC World charge PHP cash advance over the counter fee with 8 other cards. CashAdv OTC Fee Premium Cards
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Premium Cards: Late Payment Fee
MCC ranked 1st in the late payment fee, charging PHP more than the industry average. Late Payment Charge Late Payment Charge Premium Cards Premium Cards Charged whichever is higher
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Premium Cards: Foreign Currency Conversion Fee
MCC Platinum and MCC World ranked 8th in the foreign conversion fee, charging 0.293% lower than the industry average. Foreign Currency Conversion Fee Premium Cards BDO Diners Premiere & Security Bank Platinum – Bank Selling Rate
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Premium Cards: Over Credit Limit Fee
MCC World and MCC Platinum ranked 1st in the over credit limit fee for premium cards with 10 other cards. Over Credit Limit Fee Premium Cards * PNB – Or USD 10
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Premium Cards: Returned Check Fee
MCC World and MCC Platinum implement the highest returned check fee of PHP 1, with Citi Rewards, Citi Platinum and Citi Prestige. The industry average is PHP 1, Returned Check Fee Premium Cards * BDO (Plat & Titanium) & Bank of Commerce – USD 35 for USD accounts ** BDO (Diners) – USD 10 for USD accounts *** Security Bank – USD 20 for USD accounts
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Premium Cards Invoice Retrieval Fee
MCC ranked 6th in the invoice retrieval fee of T&E sales slips. For the non-T&E sales slips, MCC ranked 4th. Invoice Retrieval Fee Premium Cards * BDO – International: PHP 500 ** PNB – International: USD 15 *** Bank of Commerce – International: PHP 300
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Premium Cards: Installment Pre-termination Fee
MCC World and MCC Platinum ranked 1st in the percentage rate installment pre-termination fee with 10 other cards, and 3rd in the minimum charge. Installment Pre-termination Fee Premium Cards Charged whichever is higher * Citi – For Paylite purchases ** Citi – For other installment products other than Paylite
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Premium Cards: Gambling and Gaming
MCC World and MCC Platinum charge 5% gambling and gaming fee for premium cards with EWB and RCBC. Gambling and Gaming Fee Premium Cards * RCBC – Or PHP 1,000 whichever is higher
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Premium Cards: Card Replacement Fee
MCC ranked 5th in the card replacement fee for premium cards with 14 other cards, charging PHP 14 less than the industry average. Card Replacement Fee Premium Cards * Bank of Commerce – PHP 200 for damaged cards
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Credit Cards for Women Fees and Charges Membership Fees
Finance Charges Late Payment Fee Returned Check Fee Invoice Retrieval Fee Other Fees and Charges
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Cards for Women: Membership Fees
MCC Femme Signature ranked 1st and MCC Femme ranked 2nd in both principal and supplementary membership fee for cards for women. Membership Fee Cards for Women Principal Supplementary
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Cards for Women: Finance Charges
MCC Femme Signature and MCC Femme both charge 0.04% more than EWB Dolce Vita Titanium for the retail finance charge and 0.46% for the cash advance finance charge. Finance Charge Cards for Women Retail Finance Charge Cash Advance Finance Charge
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Cards for Women: Late Payment Fee
MCC ranked 1st in the late payment fee for women cards, charging PHP more than EWB Dolce Vita Titanium. Late Payment Fee Cards for Women * EWB Dolce Vita Titanium – Or 7.50% whichever is higher
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Cards for Women: Returned Check Fee
MCC ranked 1st in the returned check fee, charging PHP 500 more than EWB Dolce Vita Titanium. Returned Check Fee Cards for Women
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Cards for Women: Invoice Retrieval Fee
For T&E invoice retrieval fee, EWB Dolce Vita Titanium is charging PHP more than MCC’s PHP charge. For the non-T&E retrieval fee, MCC charges PHP more than EWV Dolce Vita Titanium. Invoice Retrieval Fee Cards for Women Invoice Retrieval – T&E Invoice Retrieval – Others
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Cards for Women: Other Fees and Charges
Cash Advance Service Fee 3% or 600, whichever is higher Cash Advance OTC Fee 500 Foreign Currency Conversion Fee 2.50% Over Credit Limit Fee 500 Gambling and Gaming Fee 5% Card Replacement Fee 400 Same charges for all For Women cards
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Credit Cards for Motorists
Fees and Charges Membership Fees Finance Charges Cash Advance Service Fee Foreign Currency Conversion Fee Late Payment Charge Returned Check Fee Invoice Retrieval Fee Installment Pre-termination Fee
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Cards for Motorists: Membership Fees
MCC Toyota charges the highest membership fee for both principal and supplementary motorist cards. Membership Fee Cards for Motorists Principal Supplementary
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Cards for Motorists: Finance Charges
MCC ranked 1st in both retail finance charge and cash advance finance charge. Finance Charge Cards for Motorists Retail Finance Charge Cash Advance Finance Charge
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Cards for Motorists: Cash Advance Service Fee
MCC ranked 2nd in the percentage rate and 1st in the minimum cash advance service fee. CashAdv Service Fee Cards for Motorists Charged whichever is higher
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Cards for Motorists: Foreign Currency Conversion Fee
MCC ranked 2nd in the foreign currency conversion fee, charging 0.05% less than the industry average. Foreign Currency Conversion Fee Cards for Motorists
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Cards for Motorists: Late Payment Fee
MCC Toyota 750 Shell Citi 6% or P500* BPI Petron 6% or 500* EWB Hyundai 7.5% or 500* BDO LausAutoGroup 7.00%
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Cards for Motorists: Returned Check Fee
MCC Toyota ranked 1st in the returned check fee with Shell Citi. It charges PHP more than the industry average. Returned Check Fee Cards for Motorists * BPI – PHP % of the amount ** BDO – USD 35 for USD accounts
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Cards for Motorists: Invoice Retrieval Fee
MCC Toyota ranked 2nd and 1st in the T&E invoice retrieval fee and non-T&E invoice retrieval fee respectively. Invoice Retrieval Fee Cards for Motorists Invoice Retrieval – T&E Invoice Retrieval – Others * BDO – International: PHP 500
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Cards for Motorists: Installment Pre-termination Fee
MCC Toyota ranked 2nd in the installment pre-termination fee with EWB Hyundai. Installment Pre-Termination Fee Cards for Motorists * MCC, EWB, & BDO – or 5% whichever is higher ** Citi – 4% for other installment products other than Paylite *** BPI – if done prior to 1st billing, +2%
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Credit Cards for Shopping
Fees and Charges Membership Fees Retail Finance Charge Cash Advance Finance Charge Cash Advance Service Fee Late Payment Fee Foreign Currency Conversion Fee Returned Check Fee Invoice Retrieval Fee Installment Pre-termination Fee
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Cards for Shopping: Membership Fees
MCC Robinsons Gold ranked 1st and MCC Robinsons Classic ranked 5th in the shopping cards membership fee. MCC Robinsons Gold also ranked 1st in the supplementary membership fee. Membership Fee Cards for Shopping Principal Supplementary
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Cards for Shopping: Retail Finance Charge
MCC Robinsons Gold and Classic both ranked 1st in the retail finance charge, charging 3.54% retail finance charge in the industry dominated by 3.50% charge. Retail Finance Charge Cards for Shopping
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Cards for Shopping: Cash Advance Finance Charge
MCC ranked 1st in the cash advance finance charge, charging 0.40% more than the industry average. CashAdv Finance Charge Cards for Shopping
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Cards for Shopping: Cash Advance Service Fee
MCC ranked 1st in the cash advance service fee, charging at PHP It is followed by RCBC who’s charging at PHP CashAdv Service Fee Cards for Shopping * MCC & RCBC – 3% whichever is higher ** BDO & RCBC (Landmark) – or 5% whichever is higher
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Cards for Shopping: Late Payment Fee
MCC Rob Classic 750 MCC Rob Plat RCBC Landmark Ansons 400 RCBC Mango RCBC Citrus RCBC Citrus Plat RCBC Wilcon RCBC Sta. Lucia BDO Shopmore 7% BDO Forever 21 BDO Bench
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Cards for Shopping: Foreign Currency Conversion Fee
MCC ranked 7th in the foreign conversion fee, charging 0.55% lower than the industry average. Foreign Currency Conversion Fee Cards for Shopping
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Cards for Shopping: Returned Check Fee
MCC ranked 1st in the returned check fee, charging PHP more than BDO and PHP more than RCBC. Cards for Shopping Returned Check Fee * BDO – USD 35 for USD accounts
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Cards for Shopping: Invoice Retrieval Fee
MCC implements the highest invoice retrieval fee with BDO. Invoice Retrieval Fee Cards for Shopping * BDO – International: PHP 500
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Cards for Shopping: Installment Pre-termination Fee
MCC ranked 1st in the installment pre-termination fee, charging PHP 45 more than the industry average. Installment Pre-termination Fee Cards for Shopping Or 5%, whichever is higher
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Credit Cards for Travel
Fees and Charges Membership Fee – Principal Membership Fee – Supplementary Retail Finance Charge Cash Advance Finance Charge Cash Advance Service Fee Cash Advance Over the Counter Fee Late Payment Charge Foreign Currency Conversion Fee Returned Check Fee Invoice Retrieval Fee Installment Pre-termination Fee
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Travel Cards: Membership Fee – Principal
MCC Travel Platinum ranked 5th in the principal membership fee for travel cards. PHP 1, more than the industry average. Cards for Travel * MCC - Waived on the first year ** PNB – Perpetually waived
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Travel Cards: Membership Fee - Supplementary
MCC ranked 6th in the in the supplementary membership fee for travel cards, charging PHP more than the industry average. Membership Fee Cards for Travel * 1st supple Free For Life
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Travel Cards: Retail Finance Charge
MCC ranked 1st in the retail finance charge, charging 3.54% in a 3.50%-dominated industry. Retail Finance Charge Cards for Travel
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Travel Cards: Cash Advance Finance Charge
MCC charges the highest cash advance finance charge at 3.96%. The industry average is 3.36%. CashAdv Finance Charge Cards for Travel
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Travel Cards: Cash Advance Service Fee
MCC ranked 10th in the cash advance service fee, charging 1% less than the industry average. CashAdv Service Fee Cards for Travel * MCC – Or PHP 600, whichever is higher ** Citi, BPI, UB (Plat), BDO & SB – Or PHP 500, whichever is higher *** UB Gold – Or PHP 300, whichever is higher
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Travel Cards: Cash Advance Over the Counter Fee
MCC ranked 1st in the cash advance over the counter fee with Citi, BDO, and Security Bank. CashAdv OTC Fee Cards for Travel Or 3% whichever is higher
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Travel Cards: Late Payment Charge
MCC ranked 1st in the late payment charge. Late Payment Charge Cards for Travel Charged whichever is higher
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Travel Cards: Foreign Currency Conversion Fee
MCC ranked 5th in the foreign currency conversion fee, charging 0.13% less than the industry average. Cards for Travel Cards for Travel BDO Diners Premier, Security Bank World, & BDO Diners Int’l = bank selling rate
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Travel Cards: Returned Check Fee
MCC charges the highest returned check fee at PHP 1, The industry average is PHP Returned Check Fee Cards for Travel * BPI – PHP % of the amount ** PNB & Security Bank – USD 10 for USD accounts *** BDO – USD 20 for USD accounts
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Travel Cards: Invoice Retrieval Fee
MCC ranked 8th in the travel cards invoice retrieval fee with BPI and BDO AMEX, charging PHP less than the industry average. Invoice Retrieval Fee * AMEX – International: PHP 500
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Travel Cards: Installment Pre-termination Fee
MCC ranked 2nd in the installment pre-termination fee, charging PHP with Union Bank and BDO. Installment Pre-termination Fee Cards for Travel * MCC, BDO, & AMEX – Or 5%, whichever is higher ** Citi – 4% for other purchases other than Paylite *** BPI – if done prior to 1st billing, +2%
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Credit Cards for the Fee-Conscious
Fees and Charges Membership Fees Retail Finance Charge Cash Advance Finance Charge Cash Advance Service Fee Cash Advance Over the Counter Fee Late Payment Charge Foreign Currency Conversion Fee Over Credit Limit Fee Returned Check Fee Invoice Retrieval Fee Installment Pre-termination Fee
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Cards for the Fee-Conscious: Membership Fees
MCC M Lite ranked 1st in the membership fees for both principal and supplementary fee-conscious cards. MCC M Free ranked last as it does not have annual membership fees. Membership Fee Cards for the Fee-Conscious
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Cards for the Fee-Conscious: Retail Finance Charge
MCC M Free ranked 1st and MCC M Lite ranked 6th (last) in the retail finance charge. MCC M Free charges 0.19% more than the industry average while MCC M Lite charges 0.57% less than the industry average. Retail Finance Charge Cards for the Fee-Conscious * EWB – 3.25% for basic purchases from supermarkets, drugstores, and gasoline stations; 3.49% for other purchases
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Cards for the Fee-Conscious: Cash Advance Finance Charge
MCC M Free and M Lite ranked 1st and 2nd respectively in the cash advance finance charge. CashAdv Finance Charge Cards for the Fee-Conscious
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Cards for the Fee-Conscious: Cash Advance Service Fee
MCC ranked 1st in the cash advance service fee, charging PHP more than the industry average. CashAdv Service Fee Cards for the Fee-Conscious
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Cards for the Fee-Conscious: Cash Advance Over the Counter Fee
MCC implements the highest cash advance over the counter fee with EWB. CashAdv OTC Fee Cards for the Fee-Conscious
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Cards for the Fee-Conscious: Late Payment Charge
MCC ranked 1st in the late payment charge for fee-conscious cards, charging PHP more than the industry average. Late Payment Charge Cards for the Fee-Conscious * BPI – Or 6%, whichever is higher ** EWB – Or 7.5%, whichever is higher
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Cards for the Fee-Conscious: Foreign Currency Conversion Charge
MCC ranked 2nd in the foreign currency conversion fee, charging 2.50% which is slightly lower than the industry average of 2.54% Foreign Currency Conversion Fee Cards for the Fee-Conscious
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Cards for the Fee-Conscious: Over Credit Limit Fee
MCC ranked 1st in the over credit limit fee, charging PHP more than EWB. Over Credit Limit Fee Cards for the Fee-Conscious
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Cards for the Fee-Conscious: Returned Check Fee
MCC ranked 1st in the returned check fee, charging PHP more than EWB and RCBC. Returned Check Fee Cards for the Fee-Conscious * BPI – PHP % of the amount
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Cards for the Fee-Conscious: Invoice Retrieval Fees
MCC ranked 2nd in the T&E invoice retrieval fee and 1st in the non-T&E invoice retrieval fee. Invoice Retrieval Fee Cards for the Fee-Conscious Invoice Retrieval – T&E Invoice Retrieval – Others
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Cards for the Fee-Conscious: Installment Pre-termination Fee
MCC ranked 2nd in the installment pre-termination fee, tied with EWB and RCBC. Installment Pre-termination Fee Cards for the Fee-Conscious Or 5%, whichever is higher (excluding BPI) * BPI – If done prior to 1st billing, +2%
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Credit Cards for Rebates
Fees and Charges Membership Fees Retail Finance Charge Cash Advance Finance Charge Cash Advance Service Fee Late Payment Charge Foreign Currency Conversion Fee Returned Check Fee Invoice Retrieval Fee Installment Pre-termination Fee Card Replacement Fee
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Rebate Cards: Membership Fees
MCC Robinsons Gold ranked 3rd and MCC Robinsons Classic ranked 8th in both principal and supplementary membership fees for rebate cards. Membership Fee Rebate Cards * Security Bank & EWB– Waived on the first year ** BPI – 1st supple FFL
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Rebate Cards: Retail Finance Charge
MCC implements the highest retail finance charge of 3.54%, charging slightly higher than the industry average of 3.51% Retail Finance Charge Rebate Cards
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Rebate Cards: Cash Advance Finance Charge
MCC ranked 1st in the cash advance finance charge, charging 0.34% more than the industry average. CashAdv Finance Charge Rebate Cards
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Rebate Cards: Cash Advance Service Fee
MCC ranked 1st in the cash advance service fee with EWB. CashAdv Service Fee Rebate Cards Security Bank – or 5%, whichever is higher Others – or 3%, whichever is higher
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Rebate Cards: Late Payment Fee
MCC charges the highest late payment fee of PHP The industry average is PHP Late Payment Fee Rebate Cards Citi, Security Bank, & BPI – or 6%, whichever is higher EWB – or 7.5%, whichever is higher
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Rebate Cards: Foreign Currency Conversion Fee
MCC ranked 4th in the foreign currency conversion fee, charging 0.19% less than the industry average. Foreign Currency Conversion Fee Rebate Cards Security Bank = Bank Selling Rate
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Rebate Cards: Returned Check Fee
MCC ranked 1st in the returned check fee for rebate cards with Citi, charging PHP more than the industry average. Returned Check Fee Rebate Cards * BPI – PHP % of the amount
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Rebate Cards: Invoice Retrieval Fee
MCC ranked 4th in the T&E invoice retrieval fee and 3rd in the non-T&E invoice retrieval fee. Invoice Retrieval Fee Rebate Cards Invoice Retrieval – T&E Invoice Retrieval – Others
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Rebate Cards: Installment Pre-termination Fee
MCC ranked 3rd in the installment pre-termination fee, charging PHP more than the industry average. Installment Pre-termination Fee Rebate Cards * MCC, RCBC, & EWB – Or 5%, whichever is higher ** Citi – 4% for purchases other than Paylite *** BPI – If done prior to 1st billing, +2%
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Rebate Cards: Card Replacement Fee
MCC ranked 2nd in the card replacement fee with Citi and Security Bank. Card Replacement Fee Rebate Cards
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Fees and Charges (Figures in USD unless otherwise stated)
Dollar Credit Cards Fees and Charges (Figures in USD unless otherwise stated) Membership Fees Finance Charges Cash Advance Service Fee Late Payment Charge Foreign Currency Conversion Fee Returned Check Fee Invoice Retrieval Fee Card Replacement Fee
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Dollar Cards: Membership Fees
MCC ranked 3rd (last) in both primary and supplementary membership fees for dollar cards. Membership Fee Dollar Cards Primary Supplementary * RCBC Black Dollar – First 5 supple FFL
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Dollar Cards: Finance Charge
MCC charges the highest retail finance charge and cash advance finance charge for dollar cards. Finance Charge Rebate Cards Retail Finance Charge Cash Advance Finance Charge
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Dollar Cards: Cash Advance Service Fee
MCC charges the highest cash advance service fee at USD Both RCBC Black and BDO World charge at USD CashAdv Service Fee Dollar Cards * MCC & RCBC Black – Or 3%, whichever is higher ** BDO – Or 5%, whichever is higher
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Dollar Cards: Late Payment Charge
MCC Dollar 15 RCBC Black Dollar 8 BDO World Elite Dollar 7%
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Dollar Cards: Foreign Currency Conversion Fee
MCC ranked 3rd in the foreign currency conversion fee, charging 1% less than RCBC and BDO who charge at 3.50%. Foreign Currency Conversion Fee Dollar Cards
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Dollar Cards: Returned Check Fee
MCC doesn’t have a returned check fee for dollar cards. Returned Check Fee Dollar Cards
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Dollar Cards: Invoice Retrieval Fee
BDO World Elite Dollar P500 MCC Dollar 6 RCBC Black Dollar 5
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Dollar Cards: Card Replacement Fee
MCC ranked last in the card replacement fee, charging USD 10. BDO World charges USD and RCBC charges USD
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Internet Credit Cards Fees and Charges
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Internet Cards 2nd 1st MCC’s standing MCC ON Mastercard BPI eCredit
SB Click RCBC WebShopper MCC’s standing Membership Fee – Principal 500 FFL 3,000 2nd Membership Fee – Supplementary 250 1,500 Retail Finance Charge 3.54% 3.50% 1st Cash Advance Finance Charge N/A - Cash Advance Service Fee 3% or 500* 5% or 500* 3% or P500* Late Payment Charge 750 6% or 500* 6% or 600* 400 Foreign Currency Conversion Fee 2.50% 1.75% Bank selling rate Returned Check Fee % of the amount 1,000 Invoice Retrieval Fee - 300 150 Installment Pre-termination Fee 5% of remaining principal balance or 500* 550 (if done prior to 1st billing + additional 2%)
