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RCBC's credit card operations, RCBC Card, were subsequently merged into Bankard, forming the current company. Through RCBC Card, Bankard also started issuing JCB cards. Bankard was two-thirds owned by the Yuchengco Group of Companies and is an affiliate of RCBC.
RCBC established its first head office at 219 Buendia Avenue in Makati (then part of Rizal until 1975), making it the first commercial bank to do so in the province. [14] In 1989, it acquired its universal banking license. [15] In 2000, RCBC acquired major control of Bankard Inc., a credit card company. [16]
Rizal Commercial Banking Corporation (RCBC) 1,382,041.51: 7 Philippine National Bank (PNB) 1,254,974.36: 8 Security Bank Corporation (Security Bank) 1,189,460.23: 9 Union Bank of the Philippines (Unionbank) 975,009.45: 10 Development Bank of the Philippines (DBP) 971,535.85: 11 East West Banking Corporation (EastWest Bank) 468,225.98: 12 ...
While credit cards can add value to your spending, there are risks to using them. Here are a few disadvantages of a credit card: High interest rates. Credit cards have notoriously high interest rates.
While there are plenty of 2% cash-back credit cards available, I was willing to jump through some hoops to earn 2.5% on up to $10,000 spent per month with the Alliant Cashback Visa® Signature Card.
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