Rizal Commercial Banking Corp. (RCBC) has reported one of the fastest-growing credit card portfolios in the country, with receivables soaring 44 percent year-on-year to ₱116.98 billion as of March 2025, based on company data. This significantly outpaced the industry’s 29 percent average growth, according to the Credit Card Association of the Philippines (CCAP).
RCBC now holds the fourth-largest credit card receivables portfolio in the country. Issuing billings also surged 41 percent to ₱196 billion, from ₱139 billion in 2023, driven by higher consumer activity across essential and lifestyle categories including travel, dining, and electronics.
The bank’s credit card base rose 22 percent to 1.326 million, reflecting strong consumer demand and RCBC’s data-driven, digital-first strategy. “RCBC empowers its cardholders through smart payment options, exclusive offers, and digital tools designed to ease the financial strain brought on by inflation,” said RCBC Credit Cards president Arniel Vincent B. Ong.
Spending growth was broad-based, with notable increases from service providers, financial institutions, and travel, reinforcing RCBC’s positioning as a key player not only in consumer finance but also in broader corporate and commercial segments.
As the country’s fifth largest bank, RCBC continues to expand its credit card footprint with a focus on customer experience and innovation, further strengthening its role in the Philippine banking landscape.
