BDO Visa Platinum Cashback
- APR
- 36.0% – 36.0%
- Annual Fee
- ₱3.5k
- Rewards
- Up to 3.0%
The BDO Visa Platinum Cashback card offers up to 3% cashback on dining and 2% on department store purchases, making it a strong choice for frequent spenders.
You'll be redirected to bdo.com.ph
Our Verdict
This card is great for foodies and grocery shoppers who want to earn cashback on their everyday purchases.
Pros
- Up to 3% cashback on dining
- 2% cashback on department store purchases
- 1% on all other purchases
- No cap on cashback earnings
- Access to exclusive promotions
Cons
- ₱3,500 annual fee
- 36% APR can be high for balance carriers
- Limited international acceptance compared to other cards
- No introductory offers for new customers
- Requires good credit for approval
For those who love dining out, the BDO Visa Platinum Cashback card shines with an impressive 3% cashback on dining expenses, a standout feature in the Philippines. Additionally, cardholders earn 2% cashback when shopping at department stores, which is beneficial for regular shoppers. This card also offers 1% cashback on all other purchases, ensuring you earn rewards on nearly every transaction.
However, the ₱3,500 annual fee is significant, especially when compared to other cashback cards that might offer lower fees or better introductory rates. Furthermore, the 36% APR can lead to costly interest charges for those who carry a balance, making this card less ideal for individuals who do not pay off their balance in full each month.
According to BDO's official site, there are no limits on cashback earnings, which is a plus for frequent spenders. However, potential users should be aware that the card's acceptance may not be as widespread internationally compared to other major credit cards, which could limit its usability abroad.
Overall, while the BDO Visa Platinum Cashback card is tailored for those who frequently dine out and shop at certain stores, it may not be the best option for casual users or those looking to avoid high fees.
Who It's For
Ideal for individuals who regularly dine out and shop at department stores, but not recommended for those who may carry a balance due to high fees.
Watch Out
The high annual fee and APR may not suit everyone, especially those who carry a balance.
Summary
The BDO Visa Platinum Cashback card offers solid cashback rewards for dining and shopping, but the cost may outweigh the benefits for some users.
Best For
Best for individuals who frequently dine out and shop at department stores, looking to maximize their cashback rewards.
You'll be redirected to bdo.com.ph
What Customers Say
Cardholders appreciate the cashback rates but express concern over the high annual fee and interest rates.
