EastWest Visa Platinum: fees, interest and requirements
The EastWest Visa Platinum has an annual fee of ₱4,000 a year, waived above a yearly spend, charges 3% a month on unpaid balances and needs a minimum income of ₱1,000,000 a year.
Verdict: Worth it if the cash back on your own spending comes to more than ₱4,000 a year. The fee is waived if you reach the spend the bank sets. Skip it if you earn under ₱1,000,000 a year or if you will not reach the spend that waives the ₱4,000 fee.
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 ₱4,000 annual fee and a year comes to ₱5,212, 89th lowest of 127 cards open to the public (tied with 6).
EastWest's closest card is the EastWest foodpanda Visa. Against it, this card costs ₱4,000 a year instead of ₱1,200, asks for ₱1,000,000 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 Visa Platinum gives you
- 8.88% Cash Rewards on straight charges at department stores, restaurants, fast food and food delivery, airlines, hotels, travel, vehicle rental, fuel and utilities; 0.3% on all other categories EastWest card page
- 8.88% Cash Rewards on everyday categories same page
- Travel accident and inconvenience insurance of up to ₱20 million same page
- Visa Concierge same page
Who should get the EastWest Visa Platinum
| If | Then |
|---|---|
| You pay in full every month and want a cash back card | The Security Bank Wave Mastercard (Security Bank) asks the same or a lower income and costs ₱4,000 a year less. Pick the EastWest Visa Platinum only if its rewards are worth more than that to you. |
EastWest Visa Platinum downsides, and what a late payment costs
- Needs at least ₱1,000,000 a year in income.
- The ₱4,000 fee is waived only above the spend the bank sets.
- 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 Visa Platinum annual fee, interest and charges
| Charge | EastWest Visa Platinum | When, and the rule |
|---|---|---|
| Annual fee | ₱4,000 a year Supplementary: ₱2,000 a year | Automatically waived upon reaching Php 1.5Mn accumulated spend for the past 12 months from card anniversary date. Fee table: Principal: Php 4,000 (Automatically waived upon reaching Php 1.5Mn accumulated spend for the past 12 months from card anniversary date).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 ₱1,000,000 a year (about ₱83,333 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 Visa Platinum EastWest | ₱4,000 a year waived above a spend | 3% | ₱5,212 | ₱1,000,000 a year |
| BDO American Express Explorer Credit Card BDO | ₱4,000 a year waived above a spend | 3% | ₱5,212 | ₱792,000 a year |
| Security Bank Platinum Mastercard Security Bank | ₱4,000 a year first year free | 3% | ₱5,212 | ₱780,000 a year |
| BDO Visa Platinum BDO | ₱4,500 a year waived above a spend | 3% | ₱5,712 | ₱924,000 a year |