Guide on PNB-PAL Mabuhay Miles Platinum Mastercard Features & Requirements for Application
PNB-PAL MABUHAY MILES PLATINUM MASTERCARD – Here are the features of this credit card offer of the Philippine National Bank or more commonly called PNB.
Are you looking for a credit card that can be your travel buddy? One of the credit card providers that you may turn to is the Philippine National Bank. More popularly called PNB, it has several credit card offers.
The Philippine National Bank is one of the biggest and reputable banks in the country. Aside from the PNB loans, it has several credit card offers which include the PNB-PAL Mabuhay Miles Platinum Mastercard.
Here are the benefits and features for the cardholders of the PNB-PAL Mabuhay Miles Platinum Mastercard:
- avail the 2,000 Mabuhay Miles welcome gift
- enjoy an additional free 10,000 Mabuhay Miles when you spend at PAL
- earn rewards points and redeem for Mabuhay Miles at the low rate of 1 point = 1 mile
- enjoy an exclusive year-round PAL online discount
- cash advance of up to 30% of your credit limit
- secured credit card with Card Protect
- no annual fee for all supplementary credit cards
- enjoy the choice to choose between single and dual currency billing
- worldwide and online acceptance
- contactless payment
- multiple installment options such as the following:
- Balance Transfer or moving the balances in your other credit card to your new PNB Credit Card
- Convert-to-Cash, by converting your credit limit to cash and pay light installmentrs
- Transaction Conversion, convert your straight payments into installments
- Zero % Affordable Payment Plan (ZAPP), zero interest for installments up to 24 months when shopping in PNB partner merchants
- up to Php 250,000 Purchase Protection Insurance coverage of purchased items through the credit card against accidental damage within 90 days from the date of purchase
- up to Php 3 million travel insurance coverage when travel ticket is charged to your PNB-PAL Mabuhay Miles Platinum Mastercard
- up to Php 250,000 Fraud Transaction Insurance coverage when your cards gets lost or stolen
Who are qualified to apply for the credit card offer? The Philippine National Bank has set a few eligibility requirements in applying for the PNB-PAL Mabuhay Miles Platinum Mastercard such as the following:
- at least 21 years old but not more than 65 years old at the time of the credit card application
- with an annual income of at least Php 120,000
With regards to the documentary requirements in applying for the PNB-PAL Mabuhay Miles Platinum Mastercard, there are varying documents required depending if the applicant is an employed Filipino, a self-employed Filipino, or a foreigner residing in the country.
Here is a guide on the documents required by PNB in applying for its credit cards:
Employed Filipinos
- latest one (1) month payslip or Certificate of Employment indicating the Gross Income, Date Hired, and Position or ITR or active principal credit card number with at least 1 year membership
- government-issued ID bearing photo and signature
- Proof of billing (any of the following):
- Utility Bills
- Credit Card Statement of Account
Self-Employed Filipinos
- Latest Income Tax Return with BIR Stamp and latest Audited Financial Statement
- government-issued ID bearing photo and signature
- Proof of billing (any of the following):
- Utility Bills
- Credit Card Statement of Account
Foreign National
Option 1
- Passport
- Alien Certificate of Residence (ACR)
- Proof of billing (for non-carded or non-depositor)
- Utility Bills (electricity, telephone, etc.) or Credit Card Statement of Account
- And any of the following:
- National ID
- Internal Revenue Service (IRS) ID
- Social Security Number (SSN) ID
- Driver’s License
- Work permit issued by DOLE (mandatory requirement) if employed in the Philippines
- Company ID issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC, or IC
Option 2
- Passport
- Unexpired Philippine Retirement Authority ID (PRA) or Special Resident Retiree’s Visa (SRRV)
- Proof of billing (for non-carded or non-depositor)
- Utility bills (electricity, telephone, etc.) or credit card statement of account
- And any of the following:
- Bureau of Immigration Approved Order
- Certificate of Deposit issued by the Bank where the PRA/Visa is deposited