BDO Platinum Mastercard: fees, interest and requirements
The BDO Platinum Mastercard has an annual fee of ₱4,500 a year, waived above a yearly spend, charges 3% a month on unpaid balances and needs a minimum income of ₱924,000 a year.
Verdict: Worth it if the points you redeem are worth more than ₱4,500 a year. The fee is waived if you reach the spend the bank sets. Skip it if you earn under ₱924,000 a year or if you will not reach the spend that waives the ₱4,500 fee.
From BDO FC-ELITE table of fees and charges, dated September 2026. Interest cap, in force since 2023: BSP Circular No. 1165, s.2023.
₱20,000 repaid in 3 equal monthly payments at 3% a month costs ₱1,212 in interest; add the ₱4,500 annual fee and a year comes to ₱5,712, 96th lowest of 127 cards open to the public (tied with 5).
BDO's closest card is the BDO Visa Platinum. Against it, this card earns rewards on different terms, runs on Mastercard, not Visa and has different perks.
BSP supervised: BDO Unibank, Inc., universal and commercial bank, BSP institution ID 30, is on the BSP Verifier list dated Sep 28, 2026.
What the BDO Platinum Mastercard gives you
- Get 1 Peso Point for every P1,000/$20 qualified spend. BDO card page
- Up to ₱20 Million free Family Travel Insurance: Charge your travel tickets to your card and explore the world without worries. same page
- Dual currency Billing Option: Have the flexibility to pay in Philippine Peso or US Dollar in one card. same page
Who should get the BDO Platinum Mastercard
| If | Then |
|---|---|
| You pay in full every month and want a rewards points card | The EastWest Puregold Always Panalo Visa (EastWest) asks the same or a lower income and costs ₱3,300 a year less. Pick the BDO Platinum Mastercard only if its rewards are worth more than that to you. |
BDO Platinum Mastercard downsides, and what a late payment costs
- The ₱4,500 fee is waived only if you spend ₱600,000 a year.
If you pay late: BDO charges up to ₱850, and 3% a month interest runs on what is unpaid. Safe action: pay at least the minimum due by the due date, or the full balance to pay no interest.
BDO Platinum Mastercard annual fee, interest and charges
| Charge | BDO Platinum Mastercard | When, and the rule |
|---|---|---|
| Annual fee | ₱4,500 a year Supplementary: free | Enjoy free membership for the first year! Qualify for automatic membership fee waiver with a spend of at least ₱600,000 per succeeding year. No annual membership fee for life for up to six (6) supplementary accounts. BDO fee table, September 2026 |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same table |
| Cash advance | ₱200 a withdrawal | The BSP maximum (Circ. 1165). same table |
| Late payment | ₱850 | same table |
| Foreign transactions | 1.85% | same table |
Figures from BDO FC-ELITE table of fees and charges (dated September 2026), BDO card page. BSP ceilings: BSP Circular No. 1165, s.2023. How BDO words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: BDO billing rules.
Requirements and how to apply
Income: at least ₱924,000 a year (about ₱77,000 a month). bank page
Apply with the button below. Channels, documents, status and hotline: BDO contact and requirements.
Interest on your own balance
- Interest you pay at 3% a month:
- ₱1,212
- Monthly payment:
- ₱7,071
- Total you pay:
- ₱21,212
Against similar cards from other banks
| Card | Annual fee | Interest a month | ₱20,000 over 3 months, plus fees | Minimum income |
|---|---|---|---|---|
| BDO Platinum Mastercard BDO | ₱4,500 a year waived above a spend | 3% | ₱5,712 | ₱924,000 a year |
| Security Bank Platinum Mastercard Security Bank | ₱4,000 a year first year free | 3% | ₱5,212 | ₱780,000 a year |
| UnionBank Go Rewards Platinum Visa UnionBank | ₱5,000 a year | 3% | ₱6,212 | ₱600,000 a year |
| UnionBank Cebu Pacific Platinum UnionBank | ₱5,000 a year | 3% | ₱6,212 | ₱600,000 a year |