If you want a card that’s going to give you great travel perks, the PNB Mabuhay Miles World Mastercard might be for you. Mabuhay Miles is a points system that gives you travel miles so you can use them towards your flying pesos. You get major bonus points towards miles as a welcome gift if you are approved.
You will also get a 5% discount on selected flights when you sign up with them. And you don’t have to spend extra money on travel insurance because they’ve got you covered. Now, beyond the travel fun, there are other things you want to think about. They don’t have the lowest interest rate in the market and there are other fees.
So, when you are deciding on which credit card you want to apply for, think first about your lifestyle. Maybe those travel luxuries aren’t for you right now. Perhaps you’re just looking for a card to help you with everyday things. Our editors have looked into the PNB Mabuhay Miles World MasterCard for you. The details are below, check everything out before deciding whether they have what your lifestyle needs.
What are the Benefits of a PNB Mabuhay Miles World Mastercard Credit Card?
For those who don’t know what Mabuhay Miles is, it’s a point system by Philippine Airlines. For every point you earn, you can use them in exchange for either cheaper flights or even free flights either in the Philippines or abroad.
Getting the PNB Mabuhay Miles World Credit Card gives you a head start on your travel goals, as the card gives you a free 2,000 Mabuhay Miles as a gift for new and first-time cardholders. If you spend more than 100k worth of transactions using the card, you will also be given a free 10,000 Mabuhay Miles.
Cardholders immediately get a 5% discount on selected PAL international flights when you book online. You will also get priority check-in every time at PAL Business Class counters in the Ninoy Aquino International Airport Terminal 2. You also get free travel insurance every time you travel anywhere worth PHP 10,000,000.
If you love to shop and dine, every 1 point is equal to 1 Mabuhay mile points. And there are even more reasons to use the card, as it is widely accepted in millions of establishments worldwide.
What are the Fees for the PNB Mabuhay Miles World Mastercard Credit Card?
There is definitely no such thing as free money. Whatever you borrow will require something extra paid back in return. All credit cards have varying fees on the money and services they provide you. Below is a breakdown of what you can expect to pay if you get a PNB Mauhay Miles World Mastercard.
- Annual Fee – PHP 6,000 (Principal)
- Interest Rate – 2.7% per month
- Cash Advance Fee – 5% of Cash Advance amount or PHP 100
- Overlimit Fee – PHP 300
- Late Payment Fee – 7% (PHP)
- Foreign Currency Fee – 2.50% of Mastercard conversion
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Look at the above list and determine if what they offer matches your goals. If the above seems like something you can handle with your annual income then proceed. Below there is information on how to apply for the BNB Mastercard and the documents you’ll need.
How to Apply for a PNB Mabuhay Miles World Mastercard
For you to be eligible for the PNB Mabuhay Miles World Mastercard, you need to have at least a minimum monthly income of P2.4M. Having other important documents with you (such as your one-month payslip, a detailed bank statement, and your latest income tax return BIR 2316) may be required upon applying for the card.
You may visit your nearest PNB branch, or you may check out the official PNB website to apply for it online. Once approved, your credit limit will be determined based on a number of factors, like your credit history, current income, and expenses.
Although it requires a higher minimum salary to have it, the PNB Mabuhay Miles World Credit Card is an ideal card for those looking for convenience in shopping and travel anywhere you go. You are a priority every time you travel due to the many benefits that you get as its cardholder. If you are interested, visit your nearest PNB branch today.
How to Contact PNB
PNB Financial Center 8/F Cards Banking Solutions Group,
Pres. Diosdado Macapagal Blvd., Pasay City, Philippines.
Telephone (+632) 8818-9-818 / DTF 1800-10-818-9-818
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.