Guide on EastWest EveryDay Titanium Mastercard Features & Application Requirements
EASTWEST EVERYDAY TITANIUM MASTERCARD – You can check here the features of this EastWest Bank credit card offer and the requirements in applying for it.
In the Philippines, one of the reputable banking entities that you can turn to for credit card offers is the EastWest Bank. The said bank is operating in the country for years already since 1994 when the late business tycoon Andrew Gotianun and his wife founded it.
The EastWest Bank is a member of the Filinvest Group which is also led by the Gotianun family. Through the years, it continually grew its offers which now includes deposit accounts, cards, loans, investment products, and cash management services among other finance products and services under both personal and business categories.
The EastWest Bank has several credit card offers. One of the best options is the EastWest EveryDay Titanium Mastercard which is a rebate card that’s perfect for your everyday needs.
Here’s a guide on the features of the EastWest EveryDay Titanium Mastercard:
- save up to 5% cash rebate on every Php 10,000 spent for supermarket, fuel, and drugstore purchases
- low foreign currency conversion fee of 1.70%
- enjoy year-round special discounts and privileges from shopping, health and wellness, dining, and travel and leisure merchants
- up to nine (9) supplementary cards
- accepted in over 30 million establishments in over 200 countries across the nation
- access to cash advance of up to 70% of your credit limit which you can withdraw withdraw from an EastWest ATM, or at any ATM bearing the BancNet, Mastercard or Cirrus logo using your Cash Advance Personal Identification Number (CA-PIN)
- secured transactions EMV smart chip embedded on the EastWest Platinum Mastercard
Before applying for any card or even any other finance products and services, it is best to know the charges that come along with it. In the case of the EastWest EveryDay Titanium Mastercard, here are the credit card fees:
| Annual Membership Fee | Principal Card: Php 2,800 Supplementary Card: Php 1,400 |
| Interest Charge | 3% per month or 36% effective rate annually |
| Cash Advance Service Fee and Interest Charge | Php 200 per cash advance availment; and 3% Interest Charge imposed on the cash advance amount and Cash Advance Service Fee |
| Late Payment Charge | Php 1,500 or the unpaid Minimum Payment Due, whichever is lower |
| Over Credit Limit Fee | Php 700 when the outstanding balance exceeds the prescribed credit limit within the billing period |
Who are qualified to apply for the EastWest EveryDay Titanium Mastercard? Here’s a list of the qualifications set by the bank for eligibility to apply for the credit card offer:
- a Filipino Citizen or local resident foreigner
- at least 21 years old for Principal Card applications
- earning a minimum gross annual income of Php 480,000
- has a residence landline or mobile phone and business landline
- must be residing within the serviceable area of the EastWest Bank
The processing of the application for an EastWest credit card may take between 10 to 15 banking days since the submission of the requirements. The documents required by the bank, which will not be returned after the application, depends if the applicant is employed or self-employed Filipino or a local resident foreigner:
Employed
- duly-accomplished EastWest Credit Card Application Form
- photocopy of one (1) valid ID with picture and signature
- Latest BIR Form 2316/ITR
- Certificate of Employment stating breakdown of compensation
- Letter of Appointment/Personnel Action Memo
- Salary Adjustment Memo issued within the latest month
- Latest three (3) Months Payslip
- Latest Service Record for government employees
- Valid Credit Card Reference and Latest Month Statement of Account
Self-Employed
- duly-accomplished EastWest Credit Card Application Form
- photocopy of one (1) valid ID with picture and signature
- Latest BIR Form 1701/ITR
- Latest Audited Financial Statements (if applicable)
- Valid Credit Card Reference and Latest Month Statement of Account
Local Resident Foreigner
- duly-accomplished EastWest Credit Card Application Form
- photocopy of one (1) valid ID with picture and signature
- any of the following:
- Alien Certificate of Registration with Permanent Status
- Visa issued under Section 9d and 9g of immigration Act of 1940
- Special Investor’s Resident Visa (SIRV)
- Visa issued by Philippine Economic Zone Authority – 47(a)(2)
- Embassy Certification (for Diplomats and Embassy Personnel)