Are you the type of buyer who wants to maximize their purchases by earning incredible points in return? Fortunately, with the EastWest Platinum Mastercard, you can now enjoy this type of perk and many more. Promising an array of exclusive deals and privileges, this credit card lets you enjoy a convenient and reliable service in more than 29 million establishments worldwide.
Complete with exciting reward items, free insurance coverage, and lighter payment terms, the EastWest Platinum Mastercard stands as one of the most sought-after cards in today’s market. Having one, cardholders can even avail cash advances of up to 70% of their credit limit and enjoy as low as 0% interest on selected items and installment tenors all at once.
Impressed by these initial features you’ve just discovered concerning the card? Read on to know more about the EastWest Platinum Mastercard, and see how you can apply.
EastWest Platinum Mastercard Features and Benefits
The best thing about the EastWest Platinum Mastercard is that it allows you to earn as many rewards points as you like in the quickest way possible. In particular, you can now earn one platinum rewards point for every Php40 you spend using the card.
Once you’ve earned enough points, you can use them to get cash rebates, redeem Air Miles, redeem Platinum Rewards Vouchers, and even redeem eGift Rewards Vouchers.
In case you’re planning to go on an international adventure, using the card when purchasing your travel tickets will also grant you free travel accident and inconvenience insurance of up to Php20 million.
Moreover, since it allows a cash advance of up to 70% of your credit card limit, you can have more confidence in facing sudden or emergency financial problems.
EastWest Platinum Mastercard Cons
The only downside of having an EastWest Platinum Mastercard is that it requires a high minimum gross annual income of Php1,800,000. This makes it quite inaccessible for individuals who have lower to middle salaries.
EastWest Platinum Mastercard Eligibility
To apply, the EastWest bank requires that you should be aged 21 or above, be a Filipino Citizen or local resident foreigner, and have a minimum annual gross income of Php1,800,000.
Supporting documents are also needed to further verify your eligibility. this includes your latest BIR Form 2316 (if employed) or latest BIR Form 1701 (if self-employed), 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.
How to Apply for an EastWest Platinum Mastercard
Interested customers may apply via the EastWest bank’s online application. To start, simply visit the bank’s website, click on the “Apply for EastWest Products” button on the home page, choose the “EastWest Platinum Credit Card”, and go on with the application. Fill out the application form on the EastWest website and wait for the evaluation of the bank.
Meanwhile, customers who want in-bank applications can also visit the nearest branch in their area.
APR & Charges
- Annual fee: Waived perpetually
- Interest charge: 2.75% per month (33% effective annually)
- Cash advance: 3% of the cash advance amount or Php600, whichever is higher
- Late Payment Charge: 8% of the Minimum Payment Due
- Over Credit Limit Fee: Php500
- Foreign Currency Conversion Fee: 1.70%
Bank Address and Contact Details
If you have any other concerns, you may call EastWest Bank’s 24-Hour Customer Service Line at (+632) 888-1700 or email email@example.com.
You may also visit them at their Corporate Office located at The Beaufort, 5th Avenue corner 23rd Street, Bonifacio Global City, Taguig 1634.
Overall, the EastWest Platinum Mastercard stands as an excellent choice if you want to experience premium perks and exclusive privileges. From exciting reward items to free insurance coverage and even a high rate of 70% cash advance, this credit card offers a broad range of features that are sure to make your daily purchases even more worthwhile.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.