RCBC Bankcard – loan
RCBC Bankcard with credit limit up to ₱500,000
Applying does not commit you to any contract.
RCBC Bankcard offers a revolving credit facility that lets you pay for purchases, bills, and everyday expenses with the convenience of monthly repayment. Credit limits range from ₱5,000 to ₱500,000, with a competitive interest rate of 5.00% per month on outstanding balances.
Cardholders enjoy access to exclusive deals, rewards points, cashback offers, and the security of zero liability on unauthorized transactions. The card can be used at millions of merchants worldwide, for online purchases, and for contactless payments. Balance transfer facilities and installment conversion options add further flexibility to your financial management.
Application approval typically takes 5-7 banking days. The card is ideal for Filipinos aged 21-65 years old who want to build their credit history while enjoying the benefits of a payment card. Existing account holders may enjoy streamlined approval and preferential rates.
✓ Pros
- High loan amounts up to ₱500,000 available
- Transparent processing with a clear approval timeline
- Fixed interest rate makes repayment planning straightforward
- BSP-regulated bank with strong consumer protection
✗ Cons
- Approval takes several banking days – not suitable for urgent same-day needs
- Extensive documentation required compared to online lenders
- Late payment fees and penalties may apply if payment is missed
Loan example
Example: Borrow ₱27,500 for 30 months at 5.00% per month = approx. ₱1,788.91 monthly payment. Total repayable: ₱53,667.43.
Loan requirements
- ✓ Valid government-issued ID (SSS, GSIS, PhilHealth, driver's license, or passport)
- ✓ Proof of income: payslips for the last 3 months or Certificate of Employment
- ✓ ITR (Income Tax Return) for the past 1-2 years
- ✓ Proof of billing address (utility bill or bank statement)
Loan features
- Loan amounts: ₱5,000 to ₱500,000
- Repayment term: 30 to 365 months
- Approval time: 5-7 banking days
- Available at branches nationwide and through online banking
- Optional loan insurance for added protection
Frequently asked questions
5-7 banking days after submitting the application.
The minimum amount at RCBC Bankcard is ₱5K.