BDO vs. BPI Credit Cards: Which Is Better for First-Time Users?

Applying for your first credit card can feel overwhelming, lalo na sa dami ng options in the Philippines. Two of the biggest names when it comes to credit cards are BDO (Banco de Oro) and BPI (Bank of the Philippine Islands). Both offer beginner-friendly credit cards, but they differ in requirements, fees, rewards, and perks.

If you’re new to credit cards, this guide will help you decide whether a BDO or BPI credit card is the better fit for your lifestyle and budget.

What Is a Credit Card and How Does It Work?

Before comparing BDO and BPI, let’s quickly break down how a credit card works:

A credit card lets you borrow money from the bank to pay for purchases.
You’ll need to repay the amount either in full or through monthly installments.
If you don’t pay in full, interest will be added to your balance.
Some cards offer rewards, cashback, or travel perks.

For beginners, the goal is to choose a card with manageable fees, flexible payment terms, and perks that fit your spending habits.

BDO Credit Cards: Overview

BDO offers a wide range of credit cards suitable for different budgets and lifestyles. For beginners, they have entry-level cards like the BDO Classic Visa or BDO Mastercard.

Pros of BDO Credit Cards

✅ Wide acceptance locally and internationally
✅ Flexible installment plans
✅ Many partner stores for cashback and rewards
✅ Easy to qualify for entry-level cards

Cons of BDO Credit Cards

❌ Slightly stricter approval process
❌ Some cards have higher annual fees than competitors

BPI Credit Cards: Overview

BPI also has excellent beginner-friendly credit cards like the BPI Blue Mastercard and BPI Edge Card.

Pros of BPI Credit Cards

✅ Lower annual fees for entry-level cards
✅ Competitive rewards and cashback
✅ Faster approval process for qualified applicants
✅ Convenient online banking and payments

Cons of BPI Credit Cards

❌ Fewer installment partner stores compared to BDO
❌ Limited premium perks for entry-level users

BDO vs. BPI: Side-by-Side Comparison

Feature	BDO Credit Cards	BPI Credit Cards
Minimum Income	₱15,000 – ₱20,000	₱15,000 – ₱18,000
Annual Fees	₱1500 – ₱3500	₱1200 – ₱3000
Interest Rates	~3% per month	~2.75% per month
Approval Speed	5–7 banking days	3–5 banking days
Rewards & Cashback	Wider merchant network	Higher cashback % on some cards
Best For	Installment-heavy spenders	Cashback-savvy beginners

Tip: If you want more partner stores and flexible installment options, BDO might be better. But if you prefer lower annual fees and faster approvals, BPI is a strong choice.

Credit Card Requirements for First-Time Applicants

BDO Requirements

At least 21 years old
Minimum income: ₱15,000/month (for entry-level cards)
Valid IDs and proof of income
Existing bank account (recommended but not required)

BPI Requirements

At least 21 years old
Minimum income: ₱15,000/month
Proof of billing and valid IDs
Payslip, COE, or ITR for employed applicants

Pro Tip: If you’re a student or freelancer, consider applying for a secured credit card from either bank. You’ll deposit a set amount (e.g., ₱10,000) that acts as your credit limit — a good way to build your credit score safely.

Choosing the Best Card for Your Lifestyle

If you shop online frequently → BPI’s Blue Mastercard has great cashback.
If you prefer in-store shopping → BDO offers more partner discounts.
If you travel abroad → BDO’s Visa Platinum and BPI’s Amore Cashback offer international perks.
If you’re budget-conscious → BPI’s entry-level cards have lower annual fees.

Calculate Your Monthly Credit Card Costs 🧮

Before you apply, it’s smart to estimate your monthly costs. You can use our Credit Card Cost Calculator to simulate your payments, interest, and total cost based on your spending.

🔹 Try it here: Credit Card Cost Calculator

TL;DR: Quick Summary

BDO = Better for installments, partner discounts, and frequent shoppers.
BPI = Better for lower annual fees, cashback perks, and faster approvals.
Both banks have beginner-friendly cards, so choose based on your spending habits.

Frequently Asked Questions (FAQs)

1. Which is easier to get approved for, BDO or BPI?

BPI generally has a faster approval process for beginners, but BDO offers more options if you have stable income.

2. What is the minimum income requirement?

For entry-level cards, both BDO and BPI require around ₱15,000 monthly income.

3. Which has better cashback rewards?

BPI often gives higher cashback percentages, while BDO has a wider network of partner stores.

4. Can I apply for a credit card without an existing bank account?

Yes, both banks allow this, but having an account increases your approval chances.

5. Should I get a secured credit card first?

Yes, if you’re a first-time applicant or have no credit history, a secured card helps you build your credit score safely.

BDO vs. BPI Credit Cards