As a cardholder, it pays to know the various payment methods for your credit card. Paying on time will establish a good record for you as a cardholder as it will affirm your commitment to settle your bills on time. Thankfully, the issuing banks here in the Philippines offer a wide array of payment methods to enable you to settle your monthly billing on time.
Here is a list of credit card payment methods. Find out which one works for you.
- 1. Online Banking
- 2. Mobile Banking
- 3. Mobile Wallet Apps
1. Online Banking
Pay your bill anytime, anywhere through online banking. How convenient is that?All you have to do is log-in to your bank’s online banking site. Click on “Bills Payment” and choose the bank account where the payment will be deducted from. Enter your account number and the amount due and click “Confirm” to proceed with the payment.
2. Mobile Banking
Mobile banking makes use of an app, which needs to be installed on your mobile phone. It’s easy peasy – from Google Play Store or Apple App Store,just download your bank’s mobile app and follow the same procedure as online banking.
3. Mobile Wallet Apps
Another convenient way to settle your credit card bill is through GCash or Coins.ph. However, note thatpayments using mobile wallet will be posted after three working days. So make sure to make your payments 3 days prior your biller’s due date.
Using your computer or mobile phone, register to Coins.ph to avail of this service. After registration, load up this mobile wallet at any of the following partner channels:
- Bayad Center
- Cebuana Lhullier
- M Lhuiller ePay
- Palawan Express
- Pera Padala
- Touch Pay
To make payments, open Coins.ph and log-in. Tap “Pay Bills” and choose “Credit Card”. Select your credit card provider, enter the amount to be paid, and tap “Confirm”
List of credit card payments accepted by Coins.ph:
- Asia United Bank (AUB)
- Banco De Oro (BDO)
- Bank of the Philippine Islands (BPI)
- EastWest Bank
- Hongkong and Shanghai Banking Corporation (HSBC)
- Philippine National Bank (PNB)
- Philippine Savings Bank (PS Bank)
- Rizal Commercial Banking Corporation (RCBC) Bankard
- Security Bank (Diners Club and Mastercard)
- Standard Chartered (Visa and Mastercard)
- UnionBank (Visa and Mastercard)
List of credit card payments accepted by GCash:
- Banco De Oro (BDO)
- RCBC (Visa, Bankard Mastercard and Japan Credit Bureau (JCB))
Register to GCash. Load up your mobile wallet at any 7-Eleven CliQQ machines, Puregold, Bayad Center, SM Business Center, Robinsons Center, Cebuana Lhullier, and other partner channels.
Log in to your GCash account and tap “Pay Bills.” Select your credit card issuer then enter the required data such as account number, account name, and amount due. Once done, tap “Confirm”.
Photo Credit: https://coins.ph/
4. Auto-Debit Arrangement (ADA)
If you don’t want to miss any payment, ADA will work for you.Auto Debit Arrangement directly transfers funds from your assigned debit bank account to your credit card bill every due date.
Apply for ADA through a personal visit to your bank.
5. Phone Banking
No internet connection? No time to make payments over-the-counter? Then phone banking is advisable.Here is a list of banks that offer phone banking payments:
- BDO: (02) 8631 8000
- BPI: (02) 889 10000
- Security Bank: (02) 8887 9188
- Metrobank: 1 800 1 888 5800
6. Electronic Payment Machines
ECPay and TouchPay have touchscreen payment machines found in malls, convenience stores, and gas stations. What’s great about this is they are accessible 24/7.
ECPay accepts payment for AUB, Metrobank, Robinsons Bank, and Security Bank cards. TouchPay accepts payment for AUB, BPI, and Metrobank credit cards.
Using ECPay, select “Bills Payment” and tap “Collection Services”. Choose your credit card provider, enter the account name, account number, and amount due. Get the payment slip and pay at the cashier.
Using TouchPay, choose your credit card provider and enter the required data. Insert the cash amount to be paid at the payment receptacles found just below the touchscreen. Tap “Pay” and get the receipt.
7. Automated Teller Machines (ATMs)
Yes, you can settle your credit card payment via the ATM of your card provider.
To enjoy this service, one-time enrollment at your bank is required.
To pay using an ATM, enter your Personal Identification Number (PIN) and select “Bills Payment”> “Credit Cards”. Select your bank and key in the required data. Make sure to keep the transaction receipt for reference.
8. Bills Payment Centers
Going to the mall for errands? You can also make your credit card payments via Bills Payment centers found in major malls:
- SM Bills Payment: AUB, BPI, Citibank, EastWest Bank, HSBC, Metrobank, PNB, RCBC, Security Bank, and UnionBank credit cards.
- Robinsons Business Center: BPI, Citibank, Equicom, Metrobank, and RCBC.
- Bayad Centers: BPI, Equicomm, Metrobank, RCBC, and Unionbank.
- True Money: AUB, BPI, and Metrobank.
- ECPay Partner Outlets: AUB, BPI, Metrobank, and Robinsons Bank.
- Cebuana Lhullier: BPI and Metrobank.
In case you don’t have the billing statement with you, may fill up a transaction payment form – just make sure you have the necessary account details. Keep the receipt or transaction slip for reference.
9. Over the Counter
Probably the most common way of paying a credit card bill is thru over-the-counter payment at the bank. Cash and check payments are allowed. However, check payment will be posted within 3 days.
Visit your servicing bank to make a payment. Fill up the payment slip and get a queue number. You may proceed to the bank teller once your queue number is called.
Banking hours and days vary per bank. Typically, banks are open from 9 am to 4 pm, Monday to Friday. Make sure you check your bank’s operating hours before you go.