EastWest Platinum Mastercard: fees, interest and requirements
The EastWest Platinum Mastercard has no annual fee, charges 3% a month on unpaid balances and needs a minimum income of ₱1,800,000 a year.
Verdict: Worth it if you fly often enough to use its miles or lounge access; with no annual fee it costs nothing to hold when you pay in full. Skip it if you earn under ₱1,800,000 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 and there is no annual fee to add, 2nd lowest of 127 cards open to the public (tied with 12).
EastWest's closest card is the EastWest Gold Mastercard. Against it, this card costs nothing instead of ₱2,500, asks for ₱1,800,000 a year in income against ₱480,000 a year, earns rewards on different terms and has different 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 Platinum Mastercard gives you
- 1 Platinum Rewards Point for every ₱40 spent EastWest card page
- Priority Pass membership; the US$27 lounge fee is credited back for every ₱100,000 accumulated spend same page
- Travel accident and inconvenience insurance of up to ₱20 million same page
- 24/7 Mastercard Concierge same page
Who should get the EastWest Platinum Mastercard
| If | Then |
|---|---|
| You pay in full every month and want a travel and miles card | No travel and miles card from another bank costs less a year for the same or a lower income. |
EastWest Platinum Mastercard downsides, and what a late payment costs
- Needs at least ₱1,800,000 a year in income.
- 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 Platinum Mastercard annual fee, interest and charges
| Charge | EastWest Platinum Mastercard | When, and the rule |
|---|---|---|
| Annual fee | No annual fee Supplementary: free | Fee table: Principal: Waived Perpetually.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 ₱1,800,000 a year (about ₱150,000 a month). bank page
Apply with the button below. Channels, documents, status and hotline: EastWest contact and requirements.
Apply for the EastWest Platinum Mastercard on EastWest'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 |
|---|---|---|---|---|
| EastWest Platinum Mastercard EastWest | No annual fee | 3% | ₱1,212 | ₱1,800,000 a year |
| UnionBank Gold Visa UnionBank | ₱2,500 a year | 3% | ₱3,712 | ₱360,000 a year |
| UnionBank Miles+ Platinum Visa UnionBank | ₱3,000 a year | 3% | ₱4,212 | ₱600,000 a year |
| PNB JCB Platinum PNB | ₱3,000 a year first year free | 3% | ₱4,212 | ₱600,000 a year |