u/Express_Writing9094

Just saw this article. Please correct me if I'm wrong but afaik, only banks can issue credit cards. Maybe this will be a BNPL card similar to Atome, Salmon, Luvit, etc. (???). Anyway, I'm excited for this and I hope it will push through!

What are your thoughts?

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JAKARTA – GCash, the largest digital wallet platform in the Philippines, is now preparing for a major expansion into the credit card sector.

With a valuation of USD 5 billion, the joint venture between Jaime Augusto Zobel de Ayala’s (JAZA) Ayala Group and Jack Ma’s Alibaba Group is currently seeking a new business unit head to lead the initiative.

According to the Jack Ma Alibaba Foundation’s Facebook account on Saturday (26/4), this move marks GCash’s continued strategy to broaden its digital financial services portfolio, having already captured 89% of the e-wallet market in the Philippines through Mynt (Global Fintech Innovations), a subsidiary of Globe Telecom.

In a job listing posted on JobStreet.com, GCash is looking for an executive who will be responsible for strategy development, planning, and budgeting for the credit card unit.

The successful candidate will also serve as the lead representative in strategic partnerships with global players such as American Express (Amex), Mastercard, and Visa.

Other key responsibilities include co-developing marketing programmes with the customer team and boosting card acquisition and usage among users.

The role is expected to open new revenue opportunities and position the credit card business as a sustainable profit generator.

GCash is seeking applicants with experience in product and account management, cost-benefit analysis, and strong organisational skills. A background in project management, change management, and prior experience in the financial sector will be considered strong assets.

The move into credit cards is part of GCash’s long-term strategy, which includes preparations for an initial public offering (IPO) that is anticipated to be the largest in Philippine capital market history.

GCash has already introduced a VISA e-wallet card and is now expanding its offerings into full credit card products, as part of its ambition to cement its status as a digital financial super-app in Southeast Asia. (DK/ZH)

https://www.idnfinancials.com/news/54232/jaza-and-jack-ma-expand-gcash-into-credit-cards

Hi Reddit!

I was approved a Privilege Visa about a month ago lang. Kaya lang I realized na gusto ko ng Platinum Mastercard in the future para NAFFL. Naisip ko lang, meron po ba dito na nakapagpaconvert from Visa to MC? I was thinking na ipaconvert from Visa to MC itong Privilege Visa ko then eventually upgrade to Platinum MC in the future. Kumbaga, gusto ko sana maconvert yung card ko ngayon habang basic card pa lang ang meron ako.

Any thoughts po? Thanks in advance!

Not sure if this is exclusive for Supercard holders only or not.

Limited redemptions lang per day from May 15-17 pero in case hindi ka maka-abot today, pwede ka pa din mag-order today then and delivery will be scheduled on May 16 or 17.

Available na sya as early as now. I just ordered mine! 😍

I can't login on the app or website. Parang last week lang down na naman ang BPI tapos now, down ulit. Or baka sakin lang?

How about you?

Up to P200 OFF on TikTok Shop!

Get up to P200 OFF on TikTok Shop with BDO Visa Cards!  

Promo Period

Paydays from April 13 to June 30, 2026  

13th to 15th of the month

28th to 30th of the month 

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BDO Visa Classic, Gold, Platinum and Signature 

BDO Visa Debit 

BDO Visa Virtual Cards 

How to Avail

Shop at the TikTok Shop mobile app. Download the app for free via App Store for Apple users or via Google Play store for Android users.

Select the items you wish to purchase and click “Add to Cart”. 

Click the “Shopping Cart” icon to view all the items on your cart. 

Select the item/s you want to order then click “Check out”. 

To proceed with check out, enter or choose your shipping and billing information, then choose “Credit/Debit Card” as payment method. 

Select or add your participating BDO Visa Credit or Debit Card and make sure to check if the discount is applied before placing the order. 

Click “Place Order” to complete the transaction. 

Anyone else having trouble locking their BPI CC? Mag 2 days ko na di malock yung CC ko. I tried both app and website but same. Wala naman update available sa app.

Hi Reddit!

I just want to share a small win today. So I downloaded my most recent Transunion credit report and I'm happy na naglevel up na kahit konti ang credit score ko. As the title says, my risk grade went from high risk to medium risk (HH to EE). I know it's slow but i'm just happy na may improvement na.

The goal is to become part of the very low risk grade (AA or BB) in the future. I know malayo pa pero happy ako kase madami dami na din akong naclose na utang/delinquent CC (sa kaka-YOLO nung 20's). Nagbunga naman ang taon ng pagtitiis. I just fulfilled my basic needs for several years. No yearly phone upgrade. No new laptop. No new clothes or shoes. No travel. No new car. No unnecessary gala. No daily starbucks. May konting online shopping but pag may sobra lang talaga. Sobrang dami ko din talaga natutunan and I will never ever let myself drown in debt again.

By mid 2026, 2 na lang ang kailangan kong bayaran. 1 personal loan (umutang ako para mailabas sa hospital ang ka-close kong tito na kinuha na ni Lord) at 1 credit card debt (nagkautang ang retired nanay ko sa CC para tustusan ang needs ng kapatid nyang na-bed ridden dahil sa sakit. Inako ko na ang pagbabayad dahil wala naman ibabayad ang nanay ko at ayaw ko din syang ma-harass).

Unti unti na din akong pinagkakatiwalaan ulit ng mga banks. I got recently approved sa Chinabank and Eastwest (always declined before) tapos may pre-approved pa from UB. Kahit anong taas ng CL na binigay nila eh may self control na ko. Yung kinakaskas ko sa CC ay yung kaya ko lang talaga bayaran every month.

I think ang isa pang nakatulong umangat ang credit score ko ay nagdispute ako ng mga open/active CCs na dapat ay closed na dahil fully paid na. So far closed na ang status nila sa recent credit report ko.

Anyway, malayo pa ko sa AA or BB risk grade na goal but I'm happy na my progress kahit paano.

Kaya sa mga kagaya kong nalubog sa utang, please wag kayo mawalan ng pag-asa. It will take time (could be years) but we will become debt free eventually. Labang lang!

Hi Reddit!

BDO recently offered me to upgrade my Shopmore to Gold Mastercard. I only use my BDO Shopmore sa grocery lang (mostly sa robinsons since sya ang pinakamalapit) and sometimes to pay our internet sa bahay tapos one time ginamit ko din to book for an international flight at additional baggage.

1. May ceiling limit ba ang Shopmore? Halimbawa, hanggang 100k lang ang limit na pwede sa Shopmore tapos need na magupgrade ng card to get a higher CL.

2. Dun sa mga nag-upgrade na, is it worth it?

3. Tataas ba ang CL ko if I upgrade?

4. I know mas mataas ang AF ng Gold, madali ba magpa-waive?

5. Can I request for a different card kung sakali?

6. Maapektuhan ba ko if di ko iuupgrade yung card ko?

Recently lang, they offered me additional CC na JCB Gold tapos shared limit. Kinuha ko lang kahit di ako pala-travel since free for the 1st year naman ang AF. Ang alam ko din eh mostly sa Japan ang promo ng JCB cards eh wala naman ako plan mag-Japan anytime soon. I'm planning to cancel the JCB din before mag1 year kase ayoko macharge ng AF.

Anyway, I would appreciate your insights regarding Shopmore to Gold upgrade. Thank you!

Hi Reddit!

Did your GLoan also disappear or maybe it's just mine?

I used to have a 100k GLoan limit. I borrowed 33k last month lang and now it's gone. Nung isang araw lang meron pa kong 67k na pwede hiramin. I still have GGives and GCredit as of now. I have some utilization sa GGives pero wala sa GCredit. I've never been late nor missed a payment ever. Inalagaan ko talaga ang GCash ko. Yung 1st payment out of 12 months na hiniram ko is next month pa naman ang due. Currently, my credit score with GCash is 706.

Could this have something to do with the current issue na inutusan na maghigpit ang mga banks sa pagpapahiram? I know GCash is not a bank but I'm just wondering if it's also affected. Andami ko nababasa lately na grabe yung decrease ng CL sa CC nila sa Security bank. Pati kaya GCash affected din?

1st time ko mawalan ng GLoan after years of having it.

Okay lang naman kase may CC pa ako na magagamit pero gusto ko din na may GLoan ako kase nagagamit ko pag halimbawang kailangang kailangan ko ng instant cash. I like it coz it's easier and faster to borrow compared to if i use credit to cash sa CC na days or weeks bago madisburse.

Or maybe it's just me who lost it? Mababalik pa kaya? 😓

UPDATE: pati GGives wala na din. 100k din ang limit ko dun 😓 baka bukas pati GCredit wala na din