China Bank Destinations World Dollar Mastercard: fees, interest and requirements
The China Bank Destinations World Dollar Mastercard has an annual fee of US$100 a year, waived in the first year, charges 3% a month on unpaid balances and needs a minimum income of ₱250,000 a year.
Verdict: Skip it if this would be your first credit card or if you earn under ₱250,000 a year.
From China Bank credit card fees and charges (table image, as of February 2023). Interest cap, in force since 2023: BSP Circular No. 1165, s.2023.
China Bank's closest card is the China Bank Destinations World Mastercard. Against it, this card earns 1 point for every USD1 spent; 1 point equals 1 airline mile (the other: 1 point for every ₱30 spent; 1 point equals 1 airline mile) and has different perks.
BSP supervised: China Banking Corporation, universal and commercial bank, BSP institution ID 31, is on the BSP Verifier list dated Sep 28, 2026.
What the China Bank Destinations World Dollar Mastercard gives you
- 1 point for every USD1 spent; 1 point equals 1 airline mile China Bank card page
- Up to USD360,000 travel accident and inconvenience insurance when you buy tickets with the card same page
- Free 1-year Accor Plus Explorer membership after ₱5,000 spend within 60 days same page
- Mastercard Travel Pass by DragonPass for 1,300+ airport lounges (USD32 per visit) same page
Who should get the China Bank Destinations World Dollar Mastercard
| If | Then |
|---|---|
| This would be your first credit card | Skip it for now: China Bank asks for a principal credit card from another bank, active for at least 12 months. Start with one of the first cards that need no card history. |
China Bank Destinations World Dollar Mastercard downsides, and what a late payment costs
- Not a first card: you need a card from another bank already.
If you pay late: you lose the interest-free period, 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.
China Bank Destinations World Dollar Mastercard annual fee, interest and charges
| Charge | China Bank Destinations World Dollar Mastercard | When, and the rule |
|---|---|---|
| Annual fee | US$100 a year Supplementary: free | Waived for the first year. Fee table: USD100 a year (billed in US dollars)China Bank fee table, February 2023 |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same table |
| Foreign transactions | 1.7% | same table |
Figures from China Bank credit card fees and charges (table image, as of February 2023), China Bank card page. BSP ceilings: BSP Circular No. 1165, s.2023. How China Bank words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: China Bank billing rules.
Requirements and how to apply
Card history: China Bank asks for a principal credit card from another bank, active for at least 12 months, so this cannot be your first card.
Income: at least ₱250,000 a year (about ₱20,833 a month). bank page
Apply with the button below. Channels, documents, status and hotline: China Bank contact and requirements.
Apply for the China Bank Destinations World Dollar Mastercard on China Bank's site
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 |
|---|---|---|---|---|
| China Bank Destinations World Dollar Mastercard China Bank | US$100 a year first year free | 3% | - | ₱250,000 a year |
| Maya Black Credit Card Maya | No annual fee if used monthly | 3% | ₱1,212 | ₱180,000 a year |
| BDO JCB Lucky Cat BDO | ₱150 a month | 3% | ₱3,012 | ₱180,000 a year |
| PNB-PAL Mabuhay Miles NOW Mastercard PNB | ₱1,000 a year first year free | 3% | ₱2,212 | ₱120,000 a year |
Questions
What are the requirements for the China Bank Destinations World Dollar Mastercard?
At least ₱250,000 a year in income (about ₱20,833 a month). China Bank asks for a principal credit card from another bank, active for at least 12 months. China Bank's age and document rules are the same for all its cards.