UnionBank Credit Cards: Top 5 Credit Cards With Easy Approval This Month (And How They Compare to Other Options)
Credit card debt can quickly add up, especially when you don’t pay your balance in full each month. The interest charges associated with credit cards can become a heavy burden on your finances, making it difficult to achieve your savings goals.
However, PNB (Philippine National Bank) offers a smarter way to handle credit card debt, with their low-interest cards that provide cashback rewards on your purchases.
In this article, we’ll explain why PNB’s low-interest credit cards are a great choice for those who want to manage their finances more efficiently, reduce interest costs, and earn rewards on everyday spending. Whether you’re using pesos or dollars, PNB offers cards that provide financial flexibility and affordable solutions for smart debt management.
The combination of low-interest rates and cashback rewards makes PNB’s credit cards a fantastic option for Filipinos who want to spend wisely while reducing the impact of credit card debt. Here’s why PNB stands out:
PNB’s low-interest credit cards are perfect for:
When comparing PNB’s low-interest credit cards, it’s important to focus on the following features to ensure that you’re getting the best deal for your financial needs:
The APR is one of the most crucial factors to consider when you carry a balance. PNB offers competitive low APRs that typically range from 12% to 15%. This is especially beneficial for people who tend to carry balances month after month, as a lower APR helps to reduce the total interest you pay over time.
One of the main advantages of PNB’s low-interest credit cards is the ability to enjoy interest-free days. If you pay your full statement balance by the due date, you can take advantage of 50–55 days interest-free on new purchases. This is especially helpful if you plan to make a large purchase or carry a balance from time to time.
To maximize your interest-free days:
PNB’s low-interest credit cards come with reasonable annual fees ranging from ₱1,500 to ₱3,000. These fees are designed to provide you with a cost-effective way to manage your credit card debt while earning cashback rewards. Always compare the annual fee to the interest savings and cashback you’ll earn to determine whether the card is worth the cost.
For frequent travelers or international shoppers, FX fees can quickly add up. Many credit cards charge 2%-3% on foreign transactions, but PNB’s cards offer low or no FX fees, making them ideal for international purchases. This can save you money on every foreign transaction, especially if you travel frequently or shop online with international retailers.
We assess PNB’s low-interest credit cards based on their APR, cashback rewards, and overall savings potential:
| Criteria | Weight | Why It Matters |
|---|---|---|
| APR | 60% | The most important factor for those carrying a balance. |
| Interest-Free Days | 15% | Helps reduce or eliminate finance charges when managed well. |
| Annual Fees | 10% | Affects the overall value of the card. |
| FX & Other Fees | 15% | Essential for international purchases. |
Look for the lowest APR with minimal annual fees. Set up auto-pay for at least the statement balance to ensure you maintain interest-free days and avoid late fees.
Use a no-FX-fee card for international purchases and pair it with a low-interest card for local purchases or long-term balances. This will keep your international spending more affordable.
Consider applying for 0% introductory APR offers for a period of 6-12 months. This will give you time to pay off large purchases without incurring interest charges, provided you repay the balance before the revert rate kicks in.
Let’s assume you carry a balance of ₱85,000 (approximately $1,700 USD) for 12 months:
| Card Type | Purchase APR | Estimated Annual Interest | Savings (vs. 19.99%) |
|---|---|---|---|
| Typical Credit Card | 19.99% | ≈ ₱11,500 | — |
| PNB Low-Interest | 12.99% | ≈ ₱7,400 | ₱4,100 saved |
| PNB Cashback | 10.99% | ≈ ₱6,600 | ₱4,900 saved |
Switching from a 19.99% APR card to a 12.99% APR card can save ₱4,100 annually, and ₱4,900 with PNB’s cashback card.
PNB’s low-interest credit cards with cashback rewards are a smart financial choice for Filipinos who want to manage debt effectively while earning rewards on their everyday spending.
Whether you’re making international purchases, paying for everyday items, or consolidating debt, PNB’s credit cards provide low APRs, cashback rewards, and global acceptance.
By focusing on low APRs, no FX fees, and cashback rewards, you can save money, reduce your debt, and make smarter financial decisions.
