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Chinabank Freedom Mastercard

by China Banking Corporation (Chinabank)

Mastercard networkRewards card

Quick take

Main benefit

Simple points. You earn points on every purchase — no categories to track.

Main catch

Interest is steep if you don't pay in full — about 3.00% a month.

Income needed

₱20,833/mo The bank does the final check.

Annual fee

₱0 — no yearly fee for life

Truva may earn a fee if you apply through a partner link. This does not change your terms or our picks. Banks make the final approval decision.

Is this card for you?

Good fit if
  • You want a first credit card from a bank people recognize.
  • You want simple rewards without tracking categories.
  • You want a card you can keep without a yearly fee.
  • You pay your balance in full each month to avoid interest.
Look elsewhere if
  • You'd rather earn straight cashback than points or miles.
  • You expect to carry a balance from month to month.
  • You want the highest rewards rate on the market.

The numbers

Earn rateRewards Point per Php 20 spend
Annual fee₱0 — no yearly fee for life
Interest if unpaid3.00% / month
Late payment fee₱750
Foreign currency markup2.50%
More fees and details
Cash advance fee₱200
Over-limit fee₱500
Effective annual interestStill being checked with the bank
Fee waiverPerpetually waived — no condition required

The catch

  • Interest is steep if you don't pay in full — about 3.00% a month.

Ready to decide?

Truva may earn a fee if you apply through a partner link. This does not change your terms or our picks. Banks make the final approval decision.

You'll finish on China Banking Corporation (Chinabank)'s official site. Truva doesn't collect your application or see your details.
What you'll need before you start
  • One valid government ID— passport, driver's license, UMID, or PhilSys.
  • Proof of income — a recent payslip, your latest ITR, or a COE with salary.
  • Proof of billing address — a utility bill or a bank statement.
  • 10–15 minutes to fill out China Banking Corporation (Chinabank)'s application form.

Truva may earn a fee if you apply through a partner link. This does not change your terms or our picks. Banks make the final approval decision.