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Author Topic: All about Credit Card - tips, do's and dont's  (Read 22740 times)

mommyleen

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All about Credit Card - tips, do's and dont's
« on: December 12, 2011, 12:13:12 PM »
Magkano po bah charge sa HSBC credit card if mag aadvance ng 1000 po?
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chococream

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Re: Sino dito nakatry na mag cash advance sa HSBC Credit card?
« Reply #1 on: December 26, 2011, 05:28:54 PM »
hi sis, around service lang charge nila usually mga 250p lang ang charge sa akin if cash advance in HSBC, BDO and METROBANK

ilove323

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to Credit Card Holders..Napa waive nyo ba annual fee nyo?
« Reply #2 on: January 13, 2012, 03:10:40 PM »
Just wondering for the past few years Ive had mine waived kaso this time around they wont do it....whats the deal? any HSBC cardholders here na nakapagwaive na?

michi247

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Re: to Credit Card Holders..Napa waive nyo ba annual fee nyo?
« Reply #3 on: January 13, 2012, 04:05:38 PM »
hsbc card ko and lagi ko rin napapawaive yung annual fee except last dec 2011, P600 lang nawaive sa kin. kumukiripot na yata ang hsbc.

addicted2jakey

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Re: to Credit Card Holders..Napa waive nyo ba annual fee nyo?
« Reply #4 on: January 13, 2012, 04:50:43 PM »
Mine is BPI, every year kami waived. I think they have min amount per month or in yr yung magagamit mo sa card for them to waive. In our case, our regular a month is 15-25k (except the SIPs) and full payment kami every month so I think kaya lagi kame nwwaive. U may inquire wd them re: min amount.

Mommyjazz

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Re: to Credit Card Holders..Napa waive nyo ba annual fee nyo?
« Reply #5 on: January 13, 2012, 05:00:26 PM »
I had mine waived. BPI yun. I never used it. On the 3rd year na hindi ko pa rin nagagamit, pinapawaive ko ulit yung annual and I was told na hindi na daw pwede. It took several calls and it has to be taken to their supervisor (or someone) to be decided on. Eventually napa waive ko rin. After that pina cut ko na. Of course they discouraged me and mentioned perks, benefits, offers and the disadvantage of having it cut. Sabi ko ayoko na kasi pahirapan i-waive ang annual pag hindi nagamit yung card. Since iba na ang nakausap ko, sabi niya madali lang daw ipa waive. Edi naaway ko pa siya.

Mommy France

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Re: to Credit Card Holders..Napa waive nyo ba annual fee nyo?
« Reply #6 on: January 13, 2012, 05:13:46 PM »
Yes... both citibank and HSBC. Pero may mga conditions.

For Citibank, pinag-enroll nila kami ng isang bill sa kanila. So kinuha namen yung pinakamaliit na bill - sky cable. :)
For HSBC, 2 kasi yung cards ng mister ko, for the first one, ayaw nila i-waive kasi daw hindi naman daw namen nagamit. For the second one, sabe nila ang kaya lang daw nila i-waive is half pero since may points yung husband ko, tinanong namen kung pwede gamitin yung hsbc points pambayad ng annual fee, Ok naman. Hindi ko lang alam kung how much yung points at how much yung annual fee kasi gold membership ata yun.
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ilove323

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Re: to Credit Card Holders..Napa waive nyo ba annual fee nyo?
« Reply #7 on: January 14, 2012, 02:24:41 AM »
^
that was my mistake.  I had forgotten about my points and it expired just a month ago. It was over 25k. I lost track of it due to the whole ber hoopla.  Well Ive only inquired kanina. No other option was given to me kahit 50 pecent off.  I do pay on time and have used it actively.  I have over a 100k credit limit and its my only card. Kainis lang I guess I can keep them for another year pero its those little perks of waived annual fee that gets me going to keep this card. hehe nagair out lang.

toughmom

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Tips please on managing credit card use
« Reply #8 on: January 31, 2012, 11:00:22 AM »
Here's one:

keep available at least 30 percent of your credit limit, just so you can keep your money in check.


For those in deep debt, you might need to read this:
When Debt Becomes Too Much: Keeping Check of Your Finances


What's your tip?
Join existing topics for common concerns and use the "Seach feature" before starting a new topic. Keep your signatures small:100 pixels max.height  Refrain from using textspeaks (shortened SMS words). Quote only a portion of the message. Be cautious in sharing your personal infos

kurdapya101

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Re: Tips please on managing credit card use
« Reply #9 on: February 01, 2012, 01:30:49 PM »
cut it! para di na magamit pang muli hehe

chubbycheeks

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Re: Tips please on managing credit card use
« Reply #10 on: February 02, 2012, 05:51:32 PM »
Monitor your cut-off dates...let's say every 24th of the month ang cut-off mo, evey after the 24th ka magpurchase ulit para at least next billing na ulit ang bayad, at hindi papasok sa next month's bill. :)

Another thing: Enroll your Credit card bill/statement online para at least madali mo mamonitor yung nachcharge sayo, and in case of disputes, makikita ko na sila agad and you will be able to report it right away. Convenient din, and go for paperless billing to help save the environment! :D

syndyela

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Re: Tips please on managing credit card use
« Reply #11 on: February 12, 2012, 07:14:14 PM »
Pay your credit cards in full and on time.  Pwede rin naman na yung minimum amount, depending on how much will be the interest but make sure na kaya bayaran in full the next month.

Keep track din of your credit card expenses para aware ka if kaya mo pa bayaran in full ang amount or kung lumalampas ka na sa limit mo.

On installments, have 1 installment purchase at a time, wag pagsabay sabayin na madaming binabayaran na installments, lalo na if aware ka na compulsive buyer ka kasi baka may mabili kang iba pa habang hindi pa tapos ang pagbayad ng installments mo.  It will add up pa sa babayaran mo.

Do not bring credit cards kung hindi naman kelangan.  If may cash, yun ang gamitin lalo na for small purchases.

May mga rewards program ang credit cards, use them.  Kunwari kapag naka-purchase ka ng P5k, may free gift certificate ka sa mga shops...or may rebate sa Petron, or may points sa Mabuhay Miles.  Alamin mo yung mga promos na yun para ma-maximize mo yung benefits pag may credit card. 

:)

Errych

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Re: Tips please on managing credit card use
« Reply #12 on: February 12, 2012, 11:56:13 PM »
Huwag mag-cash advance. Aside from the interest, it also has additional charge ranging from 300 - 500 defending on the bank per withdrawal. What I did after receiving the Cash Advance PIN is I shred it to pieces. until now, we haven;t use the service yet.

Do not bring credit cards unless necessary. If going out on a Mall sale, don't bring your plastics. You will end up spending more than you plan too thinking that you save more.

Always pay in full. If you cannot, grab bank's paylite options so it won't earn interest.

I ususally do this, a month before my credit card anniversary, I will call the bank to request for cancellation. The bank's representative will offer you to waive the annual fee for another year. This always works for me. - Ayoko naman kasi magbayad ng 2,500 for annual fee knowing na hindin naman lagi nagagamit yung card.

Before sobrang swipe lang ng swipe. Nakakatuwa kasi pag bago yung card. But then pagdating ng bills, mapapag-isip ka talaga. Good thing my hubby works in one of the major credit card Companies, he is required to pay in full. Bawal silang mag partial payment (internal term: revolver). They are classified as transactors as an employee.

Make sure to have a good reputation to your bank. Hindi mo alam kung kelan mo sila magagamit in their fullest. 3 years ago, when my lola got hospitalized and the bill went high as 300K (na-ICU kasi si lola ko), we were able to use our credit card. Our limit is not this high. Sobrang liit lang. But due to good credit standing, I called my bank for emergency increase. Though they did not increase it to 300K but at least enough to cover the remaining balance that we need to pay. They called the hospital's cashier and made manual approval. 

chardonnay

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Re: Sino dito nakatry na mag cash advance sa HSBC Credit card?
« Reply #13 on: March 02, 2012, 03:44:24 PM »
Ngayon 3% or 500, whichever is higher. Payable in  month lang yun sis no? After a month and di mo nasettle, me interest na rin?

goodmornin

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Re: Tips please on managing credit card use
« Reply #14 on: March 03, 2012, 11:15:31 PM »
we only use our credit card kung sure kame na may pambayad kame na cash...so we dont have to bring the money. tapos bayad kaagad sa bank... we dont use it for installment purchases, kase ibig sabihin we dont have the capacity to buy it, to prevent na maging habit mag swipe! hehe

i rarely pay for the annual fee. but lately banks are more strict. i just follow the reqts (4k purchase) so i can keep the card..or i make a threat to close my account..cacancel din nila yung annual fee hehe
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