Getting your first credit card can feel exciting but also overwhelming. Many Filipinos—especially first-time users—ask questions like “What is a credit card?”, “How does it work?”, or “How do I even apply?”
If you’re considering an RCBC Bankard Credit Card, this guide will give you a complete walkthrough. We’ll explain the application form, the requirements, the steps to apply, and even the common mistakes to avoid. By the end of this article, you’ll have the confidence to apply for your first credit card and use it wisely.
What Is a Credit Card and How Does It Work?
Simple Explanation
A credit card is a financial tool that lets you borrow money from the bank for purchases or bills, up to a set credit limit. You don’t need to pay right away—you’ll settle the bill later, either in full or through minimum payments.
Example: If your RCBC Bankard has a ₱20,000 limit, you can use it for groceries, shopping, or online payments. When the bill arrives, you can pay the full ₱20,000 or just the minimum due (but interest applies if you don’t pay in full).
Why This Matters for Beginners
Builds credit history, which helps when applying for loans in the future.
Safer for online and in-store transactions than carrying cash.
Gives financial flexibility for emergencies.
Lets you enjoy rewards and promos exclusive to cardholders.
Benefits of Having an RCBC Credit Card
Flexible Payments – Choose between full payment or minimum balance.
0% Installments – Spread out big-ticket purchases over months.
Reward Points & Cashback – Earn points for every swipe.
Exclusive Promos – Discounts with partner merchants nationwide.
Travel Perks – Access to lounges, insurance, and special deals.
Emergency Backup – Useful when you need quick access to funds.
RCBC Bankard Credit Card Application Requirements
Before filling out the form, make sure you meet the eligibility criteria.
Who Can Apply?
At least 21 years old (primary cardholder)
Filipino resident
With stable income (₱15,000–₱20,000 monthly depending on card type)
Required Documents
Valid government-issued ID (Driver’s License, Passport, UMID, PRC ID, etc.)
Proof of income:
Employed: Payslips, ITR, or Certificate of Employment
Self-employed/Freelancer: DTI/SEC registration + bank statements
Proof of billing: Utility bills or internet bills with your name/address
💡 Tip: Prepare scanned copies if you’re applying online for faster submission.
The application form is your entry point to owning a credit card. Here’s how to go through it:
Section 1: Personal Details
Full name, birthday, civil status, and contact details
Current address and residence ownership (owned, rented, living with parents, etc.)
Section 2: Employment or Business Information
Job title, company name, length of employment
Monthly or annual income
If self-employed: business type, years in operation
Section 3: Financial Information
Existing loans or other credit cards
Bank accounts (optional, but strengthens your profile)
Section 4: References and Signature
At least one reference not living with you
Signature to certify details are true and correct
✅ Double-check before submitting—RCBC may call to verify details.
Application Submission Process
You can apply in two ways:
1. Online Application
Visit RCBC’s website
Fill out the online form
Upload scanned documents
Submit and wait for verification
2. Manual Application (Using the PDF Form)
Download the application form PDF
Print and fill it out
Attach photocopies of your requirements
Submit at an RCBC branch or via an accredited agent
What Happens After Submission?
Verification Call – RCBC may call you or your employer.
Review of Documents – They’ll check your income and stability.
Approval or Denial – If approved, your card will be sent via courier within 7–14 days.
Activation – Follow instructions included with your card.
Common Issues First-Time Applicants Face
Incomplete documents → delays processing.
Low income declaration → may lead to rejection.
Wrong or inactive contact details → bank can’t reach you.
First-time applicant limit → initial credit limit may be smaller (you can request an increase later).
Managing Credit Card Costs
For first-timers, the biggest challenge is avoiding debt. If you don’t pay the full amount monthly, interest adds up fast.
To understand this better, try the Credit Card Cost Calculator. It shows how much you’ll pay in interest if you only settle the minimum due. This is a must-use tool if you’re new to credit cards.
TL;DR (For Busy Readers)
Credit card = buy now, pay later with added perks.
RCBC Bankard offers rewards, promos, and flexible payments.
Requirements: valid ID, proof of income, proof of billing.
Fill out the application form completely and accurately.
Apply online (fastest) or via manual PDF form.
Expect verification, approval, and delivery in 1–2 weeks.
Use the Credit Card Cost Calculator to avoid hidden costs.
FAQs
1. How long does RCBC take to approve a credit card application?
Usually 5–7 working days, plus delivery time of 7–14 days.
2. Do I need the application form PDF if I apply online?
No. The PDF is only needed if you’re applying manually.
3. What is the minimum salary requirement?
Around ₱15,000–₱20,000 per month, depending on the card type.
4. Can students apply for RCBC Bankard?
Students can’t get a primary card but may apply as a supplementary under their parents.
5. What happens if I’m denied?
You may reapply after 6 months, preferably with stronger documents or higher income.
