The Credit Card Struggle is Real
Wala kang bank history? That doesn’t mean you can’t get a credit card. For many, when it comes to credit card approval, Philippines can have a few hurdles that would make it feel impossible. Traditional banks often require a credit score, a savings account, or an established banking history. If you’ve never had a personal loan, a Metrobank credit card, or any financial institution reporting your transactions, chances are you’ll get rejected.
But times are changing! Thanks to fintech lending in the Philippines, digital banks, and alternative credit scoring methods, getting a credit card without a bank account is now possible.
The Traditional Credit Score System (And Why It’s Outdated for Many Filipinos)
Historically, banks relied on traditional credit scores to determine eligibility. If you didn’t have an existing credit line, a debit card, or prior loans, you were out of luck. The problem? Many Filipinos don’t use traditional banking systems.
- Most transactions happen in cash or through mobile wallets like GCash and Maya.
- Many rely on informal lending, making them “invisible” to credit bureaus.
- Without a banking footprint, getting an ideal credit card or a credit limit increase is difficult.
But digital banks in the Philippines are rewriting the rules, leveraging alternative data to assess financial responsibility.
How Fintech & Banks Are Changing the Game
Some banks and fintech companies are now considering alternative data for easy credit card approval, including:
- E-wallet transactions – If you actively use GCash or Maya, your spending habits can serve as proof of financial discipline.
- Online shopping activity – Regular transactions on Shopee, Lazada, and Grab demonstrate stable spending behavior.
- Bill payments – Paying Meralco, Globe, and Smart bills on time proves financial responsibility.
- Freelance and side hustle income – No need for traditional income documents; banks now consider self-employed earnings.
These methods provide exclusive perks for first-time applicants, making it easier than ever to get an alternative credit scoring Philippines-approved credit card.
Which Banks & Fintech Companies Are Leading the Shift?
Looking for an easy-to-apply credit card? Here are some key players:
- UnionBank – Digital-first products with flexible payment options.
- CIMB – One of the top digital banks offering credit products without traditional requirements.
- Tonik – A fully digital bank with an innovative credit limit model.
- Finmerkado – Your go-to platform to compare and find the best credit card for first-timers.
Some financial institutions also offer cashback, credit card rewards, and free travel insurance for online shopping credit card users.
How to Boost Your Chances of Getting Approved
Tip #1: Use Your E-Wallets Actively
Regular transactions on GCash or Maya show that you handle money responsibly. This builds your financial footprint even without an existing credit card statement.
Tip #2: Pay Bills & Subscriptions on Time
Whether it’s your mobile phone bill, internet, or electricity, consistent payment proves you’re a responsible borrower. This habit can help unlock a higher credit limit.
Tip #3: Start With Beginner-Friendly Credit Cards
Some banks offer starter credit cards with minimal required documents. Options like the RCBC Flex Visa or the BPI Amore Cashback Card have low annual fees and flexible requirements.
Tip #4: Compare Your Options With Finmerkado
Instead of guessing which financial institutions will approve you, use Finmerkado to compare credit cards in one place. Whether you need a Metrobank credit card, a Tonik credit card, or an e-wallet-linked option, Finmerkado makes it easy to find the right fit.
Conclusion
Credit Cards Are No Longer Just for the Elite
Getting a credit card in 2025 is no longer reserved for those with a long banking history. Thanks to alternative credit scoring in the Philippines, your qualifications depending on income sources, bill payments, and transaction activity can now apply.
From cash rebates and gift vouchers to amazing rewards and special access, you can savor all the benefits of a credit card with the correct approach. Now is the greatest time to investigate your choices whether your trip frequency is high or you simply want to get rewards points on supermarket shopping.
Don’t let a lack of credit score hold you back—start building your financial future today!
Frequently Asked Questions
Yes, several banks and financial institutions in the Philippines offer credit cards to individuals without a traditional credit history. They assess alternative data such as employment status, income, and utility bill payments to evaluate creditworthiness.
Secured credit cards require a cash deposit as collateral, which typically determines your credit limit. This deposit minimizes the risk for the issuer and can help individuals with no credit history or poor credit to build or rebuild their credit profiles.
Banks such as UnionBank, Metrobank, HSBC, BPI, and Security Bank offer credit cards with relatively easier approval processes for first-time applicants. These cards often have lower income requirements and may consider alternative data for approval.
While requirements may vary by issuer, common prerequisites include being at least 21 years old, having a valid ID, proof of income (such as payslips or ITR), and proof of billing address. Some banks may also require a minimum income level and an active landline or mobile phone number.
To enhance your approval odds, consider applying for secured credit cards, maintaining a stable source of income, paying bills on time, and keeping a low debt-to-income ratio. Additionally, building a relationship with the bank through savings or checking accounts can be beneficial.
.webp){kind=small}