RCBC’s credit card issuance reaches 1-million mark

The Rizal Commercial Banking Corp. (RCBC) has breached the one-million benchmark in terms of credit cards-in-force.

RCBC Credit Cards president and CEO, Arniel Vincent B. Ong said the one-million card milestone was driven by quality acquisition and deeper engagement with cardholders.

“As we celebrate this remarkable milestone, we at RCBC Credit Cards further strengthen our commitment to provide our customers with the best products, solutions, and deals as well as the tools and support to secure their financial future,” Ong said.

He added that the bank’s credit card arm would continue to offer innovative products and solutions based on the needs of cardholders. 

RCBC Credit Cards has curated a range of services and travel perks for its customers. These include their promotional lowest FX conversion fee of just 1.68-percent, complimentary travel insurance and protection, exclusive lounge access, and much more. 

It is also helping its customers manage and maximize their cards. 

Through RCBC Digital app, for instance, cardholders can pay anyone with UnliPay, efficiently manage cash flow through Unli Installment, settle utility bills via Fast BillsPay, and secure their card with a convenient lock & unlock feature, among others.

In addition to these benefits, card users can indulge in shopping and dining extravaganzas, enjoying enticing offers from a selection of top local and international establishments. These opportunities are designed to add an extra layer of delight to the holiday season.

RCBC has recently bagged numerous awards, including the Credit Card Initiative of the Year – Philippines at the Asian Banking & Finance Awards 2023, Outstanding Digital CX at the Digital CX Awards 2023 by The Digital Banker, and the Best Credit Card Initiative, Highly Commended at the Retail Banker International Asia Trailblazer Awards 2023. 

“These citations are a testament to the effort we have put in to provide our valued cardholders with a world-class, best-in-class credit card product,” Ong further said. 

Based on the quarterly survey of Credit Card Association of the Philippines (CCAP), which comprises the 17 major credit card issuers in the country including RCBC, there are a total of 12.2 million credit cards issued in the Philippines as of the second quarter of 2023.