EastWest Gold Mastercard: fees, interest and requirements
The EastWest Gold Mastercard has an annual fee of ₱2,500 a year, waived in the first year, charges 3% a month on unpaid balances and needs a minimum income of ₱480,000 a year.
Verdict: Worth it if the points you redeem are worth more than ₱2,500 a year. The first year is free. Skip it if you earn under ₱480,000 a year.
From EastWest credit card fees and charges. 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 ₱2,500 annual fee and a year comes to ₱3,712, 48th lowest of 127 cards open to the public (tied with 13).
EastWest also issues this card on Visa as the EastWest Gold Visa, with identical fees, rate and perks.
BSP supervised: East West Banking Corporation, universal and commercial bank, BSP institution ID 32, is on the BSP Verifier list dated Sep 28, 2026.
What the EastWest Gold Mastercard gives you
- 1 Rewards Point for every ₱100 spent, convertible to eGift Rewards, vouchers, miles or cash rebates EastWest card page
- Travel accident and inconvenience insurance of up to ₱20 million same page
- Year-round discounts from partner merchants same page
Who should get the EastWest Gold Mastercard
| If | Then |
|---|---|
| You pay in full every month and want a rewards points card | The PNB Essentials Mastercard (PNB) asks the same or a lower income and costs ₱1,300 a year less. Pick the EastWest Gold Mastercard only if its rewards are worth more than that to you. |
EastWest Gold Mastercard downsides, and what a late payment costs
- The ₱2,500 fee is charged every year after the waiver ends.
- Foreign currency purchases cost 2.5% extra.
If you pay late: EastWest charges up to ₱1,500, 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.
EastWest Gold Mastercard annual fee, interest and charges
| Charge | EastWest Gold Mastercard | When, and the rule |
|---|---|---|
| Annual fee | ₱2,500 a year Supplementary: ₱1,250 a year | Free on the first year. Fee table: Principal: Php 2,500 (FREE on the 1st year).EastWest fee page |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same page |
| Cash advance | ₱200 a withdrawal plus 3% a month interest | The BSP maximum (Circ. 1165). same page |
| Late payment | ₱1,500 | same page |
| Foreign transactions | 2.5% | same page |
Figures from EastWest credit card fees and charges, EastWest card page. BSP ceilings: BSP Circular No. 1165, s.2023. How EastWest words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: EastWest billing rules.
Requirements and how to apply
Income: at least ₱480,000 a year (about ₱40,000 a month). bank page
Apply with the button below. Channels, documents, status and hotline: EastWest 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 |
|---|---|---|---|---|
| EastWest Gold Mastercard EastWest | ₱2,500 a year first year free | 3% | ₱3,712 | ₱480,000 a year |
| Toyota Mastercard Metrobank | ₱2,500 a year first year free | 3% | ₱3,712 | ₱180,000 a year |
| Metrobank Rewards Plus Visa Metrobank | ₱2,500 a year first year free | 3% | ₱3,712 | ₱180,000 a year |
| Metrobank Titanium Mastercard Metrobank | ₱2,500 a year first year free | 3% | ₱3,712 | ₱350,000 a year |