The China Bank Platinum Mastercard lets you experience life’s big and small pleasures, whether that pleasure is shopping, dining, or traveling.
Let’s explore this credit card in detail and uncover more about its key features.
| China Bank Platinum Mastercard at a Glance | |
| Principal Card Annual Fee | 3,500 PHP |
| Supplementary Card Annual Fee | Waived perpetually |
| Monthly Finance Charge | 3.25% |
| Late Payment Fee | 750 PHP or the unpaid minimum amount due, whichever is lower |
| Cash Advance Interest Charge | 3.25% |
| Foreign Currency Conversion | 2.5% |
| Minimum Income Requirement | 41,700 PHP |
| Card Association | Mastercard |
What can you enjoy with your China Bank Platinum Mastercard?
Worldwide Acceptance
Your China Bank Platinum credit card is accepted in over 22 million Mastercard-affiliated establishments and merchants all over the world.
Contactless Technology
You can just conveniently tap your card at Contactless-enabled terminals for purchases not more than 2,000 PHP in-store an on online shopping sites.
Installment Programs
Avail of the 0% merchant installment program and pay in up to 36 monthly payments at participating establishments.
Transfer your balance from other credit cards to your China Bank Platinum Mastercard and pay for it in up to 24 months.
With the Transaction Conversion feature, you can convert your straight transactions and pay up to 24 months at low interest rates.
Rewards Program
Accumulate reward points with your spending. Earn 1 reward point for every 25 PHP that you spend on dining, shopping, and health and wellness.
With every 200 PHP that you spend on groceries, drugstores, gasoline, insurance premiums, and utilities, earn 1 reward point as well.
Your points can be exchanged for Cash Credits or Mabuhay Miles. Points that are earned from supplementary cards are credited to the principal card.
SM Advantage Membership
You will enjoy a complimentary SM Advantage Membership when you meet the required accumulated spend (retail or installment) and charge them to your China Bank Platinum Mastercard.
Other features:
- 24/7 customer service to assist you with all your card-related needs at +6328855888 or toll free at 1-800-1888-5888
- SMS and email alerts for all purchases made on your credit card
- 3D Secure – One-Time Password with your transactions on 3D Secure merchants online
- EMV Chip
What can you redeem from the rewards catalogue?
You can earn reward points with every 25 PHP or 200 PHP that you spend with your credit card.
| China Bank Platinum Mastercard | Standard Merchants | Service Merchants |
| 1 Reward Point = 25 PHP | 1 Reward Point = 200 PHP |
The table below illustrates how many points you need to redeem miles or cash credits.
| Reward Item | Minimum Redemption | Reward Points Required |
| Mabuhay Miles | 1,000 Miles | 8,000 |
| Cash Credit | 250 Pesos | 3,750 |
Learn more about the Rewards Program here.
What are the current promotions that you can avail with China Bank Platinum Mastercard?
Here are some of the current offers that you can avail with your China Bank Platinum Mastercard.
| Promotion | Mechanics |
99 PHP discount on regular-priced graphic t-shirts at participating outlets of Levi’s
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99 PHP deals at Bata Shoes
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99 PHP Savings on Himalayan Charcoal Soap
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Omni rechargeable emergency light for just 99 PHP
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Miniso – Free Camouflage Micro USB Charge Cable (valued at 99 PHP)
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| Toy Kingdom – Smart Dough 4-Tumbler for 99 PHP
Toy Kingdom – Slime Ball Squeezer for 99 PHP
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| Toy Kingdom – Hot Wheels Basic Car for 99 PHP
Toy Kingdom – 99 PHP on regular-priced Barbie Fashionista Dolls Toy Kingdom – 99 PHP on regular-priced Barbie Entry Dolls
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What are the requirements to apply for a China Bank Platinum Mastercard?
These are the documents that you need to submit for your credit card application. You will also need to fill out this form with your particulars in order to apply.
Image screenshot from China Bank as of September 1, 2019
Should you get the China Bank Platinum Mastercard?
The China Bank Platinum certainly caters to people who love luxurious experiences, exclusive deals, and premium travel benefits.
It’s also the perfect card for people who want to get the most value for their money by earning different rewards.
What’s great about this card is that the supplementary cards’ annual membership fees are free for life. That means huge savings for you, especially if you plan to enrol several supplementary cards for your family members.
However, it’s not an ideal card for first-time credit cardholders or minimum wage earners as the income requirement and annual fee is high.