How to apply to BDO Visa Classic Credit Card

The BDO Visa Classic credit card is a financial tool designed to provide more value for everyday spend. It’s a versatile card that blends a range of benefits, including a free first-year membership, which is a cost-saving feature for new cardholders. The installment programs are a standout feature, offering various financing options to manage payments according to the cardholder’s convenience. This feature not only facilitates better financial management but also provides a cushion for making large purchases.
Moreover, the card takes into account the growing trend of online shopping by providing a secure online shopping experience. This, coupled with the reward points system, ensures that cardholders are rewarded for their spending, making shopping more enjoyable and beneficial. The exclusivity of deals and discounts at various partner outlets further augments the value proposition of the BDO Visa Classic card. With a simple earning mechanism for reward points and a host of other benefits, the card positions itself as a reliable financial companion for everyday use.
BDO Visa Classic Credit Card Benefits
The BDO Visa Classic credit card is engineered to provide a spectrum of advantages to its cardholders, making their financial and shopping experiences more rewarding. By blending essential features like secure online shopping with value-added benefits such as reward points and exclusive deals, this card emerges as a thoughtful financial companion for a wide array of consumers. Here’s a deeper dive into some of its main benefits:
Free First Year Membership
The BDO Visa Classic card offers a waiver on the membership fee for the first year. This is a welcoming gesture for new cardholders, alleviating the initial cost burden associated with acquiring a credit card. It’s an immediate saving that encourages individuals to take the first step towards enjoying the numerous benefits the card offers.
Installment Programs
Various financing options provided by the card allow cardholders to choose a payment plan that aligns with their financial situation. Be it the balance transfer feature, Buy Now Pay Later, cash-it-easy, or purchase convert programs, cardholders can spread out payments over time making large purchases more manageable. These installment programs are designed to offer financial flexibility and ease the burden of lump-sum payments.
Secure Online Shopping
In the digital age, secure online shopping is paramount. The BDO Visa Classic card endeavors to make online transactions both secure and enjoyable. By providing a safe platform for online purchases, cardholders can shop with peace of mind knowing that their financial information is protected.
Reward Points System
The reward points system is a hallmark of the BDO Visa Classic card, where spending is rewarded with points that can be redeemed for exciting gifts and rewards. With every spend of Php200, a point is earned, though certain outlets require a minimum spend of Php400 to earn a point. This system not only incentivizes spending but also makes shopping more rewarding and enjoyable.
Exclusive Deals and Discounts
The exclusive deals and discounts available at eligible partner outlets are a boon for cardholders. These perks provide an avenue for cardholders to save money while enjoying a variety of products and services. The ability to access exclusive deals enhances the overall value derived from the card, making everyday spending more fruitful.
Wide Range of Eligible Partners
The BDO Visa Classic card has partnered with a variety of outlets to offer its cardholders more value for their everyday spend. Whether shopping at SM Appliance Center, SM Supermarket, Watsons, Walter Mart Supermarket, or Kultura Filipino, cardholders have the opportunity to earn reward points and enjoy exclusive deals. This wide network of eligible partners amplifies the card’s value proposition, providing more avenues for cardholders to benefit from their spending.
Prerequisites to Obtain the BDO Visa Classic Credit Card
Candidates for the BDO Visa Classic credit card must meet specific eligibility requirements and submit the necessary paperwork in order to apply. Here are the prerequisites:
- Age: Applicants need to be between 21 and 60 years old.
- Citizenship/Residency: The applicant must be a Filipino citizen or a foreigner residing in the Philippines.
- Income Requirement: The minimum gross monthly income requirement for Visa Classic card applicants is P15,000.
- Employment: Applicants should either be regular employees or self-employed individuals with a business that has been operating for at least two years.
- Contact Information: At least one landline number in either residence or place of work, or a mobile number (postpaid or prepaid) is required.
- Address: The residence or office address of the applicant must be within an area where a BDO branch is located.
Documentary Requirements:
- Proof of Identification:
- For Filipino applicants: Any valid photo-bearing identification document (front and back) such as a government-issued ID (e.g. Passport, Driver’s License, SSS ID, PhilSys ID, etc.).
- For Foreign applicants: A copy of the Employment Contract or Certificate of Employment, a Letter from Embassy (if an embassy official), or valid visa and work permit documents among others are required1.
- Proof of Income:
- For Employed Applicants: A photocopy of the latest Income Tax Return (ITR) duly stamped as received by the Bureau of Internal Revenue (BIR) or BIR Form 2316 signed by the employer’s authorized representative is mandatory. Additionally, they can provide the latest full month’s payslip/s, Original Certificate of Employment indicating status, service tenure, and compensation breakdown, or if with existing credit cards, a copy of the last two (2) months statement of account of the credit card that is at least 1 year on books.
- For Self-Employed Applicants: A photocopy of the latest Income Tax Return (ITR) duly stamped as received by the Bureau of Internal Revenue (BIR) and Audited Financial Statements for at least two (2) years is mandatory. They also need to provide a photocopy of registration of Business Name: DTI Registration for Single Proprietorship or SEC Registration for Partnership/Corporation. Providing the last 3 months’ bank statements is optional but recommended.
About BDO Bank Financial Institution
BDO Unibank is characterized as a full-service universal bank, providing a comprehensive range of products and services. These include retail banking, commercial banking, corporate banking, investment banking, lending, deposit-taking, foreign exchange, brokering, trust and investments, credit cards, and corporate cash management. Additionally, through its subsidiaries, BDO offers leasing and financing, as well as investment banking services. Its commitment to providing a broad spectrum of financial services aligns with its aim to cater to both retail and corporate markets, thereby contributing to its reputation as a robust and reliable banking institution in the Philippines.
Who is the BDO Visa Classic Credit Card for?
The BDO Visa Classic credit card is tailored for individuals seeking a blend of simplicity and value in their financial transactions. It’s ideal for both young professionals and established individuals who appreciate the ease of managing their finances through flexible payment options and enjoy earning rewards on their spending. With features like secure online shopping and an accessible rewards’ system, it caters to the everyday spender looking to get more value out of their purchases. The card is also a good fit for those who prefer a wide network of partner outlets, allowing them to maximize benefits while shopping at their favorite stores. Its modest income requirement makes it accessible, making it a practical choice for a broad spectrum of individuals seeking a reliable credit companion for their daily transactions.
Step by step to Apply for the BDO Visa Classic Credit Card
Applying for the BDO Visa Classic credit card is a straightforward process, which can be initiated either online or in-person at a BDO branch. Here’s a step-by-step guide to applying for the card:
Online Application:
- Visit the official BDO Visa Classic credit card page: BDO Visa Classic Credit Card.
- Click on the “Apply Now” button, which redirects you to the online application form: Online Application Form.
- Fill out the form with your personal information including your name, contact details, and financial information. Ensure that all the details provided are accurate to avoid any issues during the application process.
Branch Application:
- Locate a nearby BDO branch using the branch locator on the BDO website.
- Visit the branch and request an application form for the BDO Visa Classic credit card.
- Fill out the application form and submit it along with the required documents as specified in the application requirements section.
Contacting Customer Service:
Alternatively, you can apply for the BDO Visa Classic credit card by calling the BDO Customer Contact Center (+632) 86318-000. They can guide you through the application process.
Review and Approval:
After submitting your application, whether online, in-branch, or through the app, BDO will review your application and the documents provided.
Upon approval, you will be notified, and your BDO Visa Classic credit card will be mailed to your provided address.
Application Tracking:
You can track the status of your application by logging into your BDO account online or through the BDO mobile banking app. The application is available for Android and iOS.
Note: It might be worth nothing that if you are an existing BDO Customer, you can also contact support through the BDO Mobile App
APPLY TO BDO VISA CLASSIC CREDIT CARD HERE
Positives and Negatives of the BDO Visa Classic Credit Card
Based on the information gathered, the following table summarizes the pros and cons of the BDO Visa Classic credit card:
Pros
- Free membership fee for the first year
- Ability to enroll multiple utility bills, given sufficient credit limit and merchant conditions
- Deposits are insured by PDIC for up to ₱500,000 per depositor
- Enjoy 0% interest on installment at over 20,000 in-store and online partners
- Luxury dining experiences with discounts on food items and non-alcoholic beverages
Cons:
- Monthly membership fee of ₱150 after the first year
- Limited reward redemption options if this is not your primary BDO card
- High interest rate of 3.50%
- Cash advance fee of 5% of the amount withdrawn
- Late payment fee of 7% of the overdue amount
The BDO Visa Classic credit card provides several benefits including a waiver on the membership fee for the first year, a wide array of utility bill enrollment options, deposit insurance, and a variety of discounts and promotional offers. However, it also comes with a set of downsides such as a monthly membership fee past the first year, a relatively high interest rate, fees on cash advances and late payments, and limited reward redemption options if this isn’t your primary BDO card.
How to Activate the BDO Visa Classic Credit Card?
Upon receiving your BDO Visa Classic credit card, the activation process can be carried out either online or by contacting BDO’s customer service hotline:
- Online Activation:
- Go to the BDO credit card activation page: BDO Card Activation.
- Enter the required information in the specified fields which include your card number, date of birth, expiration date, and security code verification.
- You’ll then be prompted to enter a One-Time Password (OTP) to verify your account, which completes the request for card activation.
- Phone Activation:
- Call BDO’s customer service hotline with your card number ready, and follow the instructions provided over the phone to activate your card (Customer Support number below).
- YouTube Guide:
- If you prefer a visual guide, there are video tutorials available on YouTube that explain the process of activating BDO credit cards online.
Ensure you have your card and personal details at hand for a seamless activation process.
BDO Visa Classic Credit Card Fees and Tariffs
Here’s a summary of the main costs associated with the BDO Visa Classic credit card presented in table format:
TARIFF | RATE |
Annual Fee | Php 0 for the first 12 months; Php 125 monthly thereafter |
Interest Rate | 3.50% |
Cash Advance Fee | 5% of the amount withdrawn |
Late Payment Fee | 7% of the overdue amount |
Auto Charge Bills Payment | Available for monthly utility bills payment to Meralco, PLDT, Smart, Globe, and more |
Contact BDO Visa Classic Credit Card Customer Service
Here are the official channels through which you can seek assistance or inquire about the BDO Visa Classic credit card:
- Official Website:
- For general information and online services, visit the official BDO Unibank website.
- Customer Service Hotline:
- You can contact BDO’s 24/7 customer service hotline at (+632) 8631-8000.
- Email:
- For email inquiries, you can reach out to BDO at [email protected].
- Branch Visit:
- For in-person assistance, you can visit any BDO branch nearest to you.
These channels provide a variety of ways to get in touch with BDO for any concerns, inquiries, or assistance you may need regarding the BDO Visa Classic credit card or other BDO banking services.