How to apply to China Bank Platinum Mastercard Credit Card

The China Bank Platinum Mastercard Credit Card is a top-tier credit card aimed at frequent travellers and high-net-worth individuals who want premium benefits and service. Offered by one of the largest banks in the Philippines, it provides cardholders with a high credit limit, overseas travel rebates, airport lounge access and flexibility to spread big purchases over time.
This Mastercard positions itself as an exclusive travel and lifestyle card for the globally-connected customer. It unlocks VIP privileges and access to luxury experiences through Priceless Cities, the Mastercard program that partners with top dining, entertainment, and lifestyle brands. For those who seek luxury, convenience and exclusive perks during their journeys, the Platinum Mastercard delivers.
Benefits
- High credit limit of up to P1 million
- 5% rebate on overseas spending
- Complimentary airport lounge access
- 0% instalment plans up to 24 months
- Travel insurance coverage
- Priceless Cities dining, lifestyle, and entertainment offers
- Access to Mastercard airport concierges
Prerequisites
To qualify for the China Bank Platinum Mastercard, applicants should meet the following requirements:
- Minimum annual income of P1.2 million
- Good credit standing
- Existing China Bank deposit account
Applicants should be prepared to submit proof of income documents. Approval is subject to credit check and final decision by China Bank.
About China Bank
China Bank is one of the largest universal banks in the Philippines with over 800 branches nationwide. Founded in 1920 originally as a savings bank for the local Chinese-Filipino community, it has grown into a full-service financial institution offering a wide range of products and services.
Over its 100+ year history, China Bank has earned a strong reputation for stability, trustworthiness, and fiscal prudence. It maintains one of the highest credit ratings among universal banks in the Philippines. While firmly grounded in its traditional commercial banking roots, China Bank has also embraced digital transformation and technology to improve customer experience.
In addition to deposit accounts, China Bank offers various credit cards, personal loans, home loans, auto loans, investments, and corporate financial services. It serves a diverse clientele of individual and business customers, including many overseas Filipinos. With its strong domestic footprint and international networks, China Bank is well positioned to meet the banking needs of globally-minded customers.
Who is this card for?
The China Bank Platinum Mastercard is designed for frequent travellers, particularly those who journey multiple times abroad each year either for leisure or business. With its strong overseas benefits like 5% rebate on foreign spends and airport lounge access, it caters specifically to jetsetters.
In terms of income profile, the card targets higher net worth individuals with annual earnings of at least P1.2 million to qualify for the high credit limit. These individuals likely have ample disposable income for traveling and living an upscale lifestyle. With the card’s Priceless Cities program that unlocks VIP privileges, it suits those who want exclusive access to luxury experiences and brands.
Beyond frequent travellers, the Platinum Mastercard also appeals to credit card maximisers who want to take advantage of perks like instalment plans, rebates, and complimentary services. With proper usage, the rewards can outweigh the annual fee. The card also fits users who want the prestige of carrying a premium travel card even if they only travel moderately. Overall, it caters to all globetrotters and aspirational lifestyle chasers.
How to Apply for the Card
If you want to get your hands on the China Bank Platinum Mastercard, here is the step-by-step process to apply:
- Visit the China Bank credit cards website at to view the full card details and current promotions.
- Click the “Apply Online” button and you will be redirected to the online application form.
- Fill in all your personal and employment details accurately. Make sure to have your ID documents and income proof documents ready.
- Read the terms and conditions and privacy policy carefully before submitting the form.
- The bank will contact you via email and/or SMS regarding the status of your application. The approval process usually takes 5-7 working days.
- You may download the China Bank mobile app on the App Store (iOS) or Play Store (Android) to monitor your application status. Manage your account online once approved.
APPLY TO CHINA BANK PLATINUM MASTERCARD CREDIT CARD HERE
Positives and Negatives
The China Bank Platinum Mastercard has several standout positives including:
- High credit limits up to P1 million
- 5% rebate on overseas spending
- 24 months 0% installments
- Complimentary airport lounge access
- Premium travel insurance coverage
However, there are some potential drawbacks to consider:
- High annual fee of around P6,000
- Requires P1.2 million minimum income to qualify
- Charges 3.5% foreign currency conversion fee
- Interest rates up to 27% on unpaid balances
While the card has lucrative benefits, applicants should weigh the pros and cons especially the annual fee and interest charges. Responsible usage of the credit limit is advised to maximize perks without accumulating debt. The card is best suited for travellers who will utilize the overseas rebates and lounge access frequently enough to offset the fees.
How to Unlock the Card
After approval, you will receive your new China Bank Platinum Mastercard via courier in 7-10 working days. Here are the steps to activate and unlock your card for usage:
- Open the card package and get your new credit card. Read through the information materials provided.
- Locate the sticker on the front of your card with your unique activation code. Do not scratch or reveal this code yet.
- Call the 24/7 China Bank hotline at +63 2 8576 7888. Provide your name and card details when prompted.
- The customer service agent will verify your identity and request the activation code on your card.
- Scratch the sticker to reveal the code. Provide this to the agent to activate and unlock your card.
- After successful activation, you will be given a temporary ATM PIN. You may now use the card for in-store purchases by signing your name.
- To get your permanent PIN, visit any China Bank ATM. Insert the card and change the temporary PIN to one of your choices.
Your new card is now ready! The activation process only takes 5-10 minutes. With your unlocked card, you can start enjoying premium benefits and privileges.
Fees and Charges
As a premium travel credit card, the China Bank Platinum Mastercard does come with annual fees and interest rates to consider:
- Annual Fee: P6,000
- Interest Rate: Up to 27% per annum on revolving credit
- Cash Advance Fee: P200 per transaction
- Late Payment Fee: P800 if minimum due is unpaid
- Overlimit Fee: P800 per occurrence
- Foreign Currency Conversion Fee: 3.5% of transaction amount
There are no fees for instalment plans if payments are made on time. The annual fee is offset for frequent travellers taking advantage of the overseas rebates and lounge perks. Interest and fees apply if the card is not used responsibly.
Customer Service Channels
China Bank offers multiple channels for Platinum Mastercard inquiries and assistance:
- 24/7 Customer Service Hotline: +63 2 8576 7888
- Email: You may email [email protected] for inquiries and assistance.
- Website: has an FAQ section and option to send inquiries.
- Mobile App: The China Bank mobile app has a dedicated credit cards section to manage your account.
- Social Media: You may also message China Bank via Facebook Messenger at @chinabankph or Twitter @ChinaBankph.
- Branch Visit: Walk-in to any China Bank branch nationwide for in-person assistance.
With multiple touchpoints for customers to reach out, China Bank provides convenient channels to get support on your Platinum Mastercard when needed.