RCBC Classic Mastercard: fees, interest and requirements
The RCBC Classic Mastercard has an annual fee of ₱1,500 a year, waived in the first year and charges 3% a month on unpaid balances.
Verdict: Worth it if the points you redeem are worth more than ₱1,500 a year. The first year is free. Skip it if you spend a lot abroad (3.5% foreign fee).
From RCBC Credit Cards 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 ₱1,500 annual fee and a year comes to ₱2,712, 24th lowest of 127 cards open to the public (tied with 7).
RCBC's closest card is the RCBC Gold Mastercard. Against it, this card costs ₱1,500 a year instead of ₱3,000.
BSP supervised: Rizal Commercial Banking Corporation, universal and commercial bank, BSP institution ID 1, is on the BSP Verifier list dated Sep 28, 2026.
What the RCBC Classic Mastercard gives you
- Earns non-expiring Rewards Points on all purchases, exchangeable for AIRMILES, cash rebates, shopping vouchers or cash credit RCBC card page
- Free travel insurance (Travel Plus Lite) and purchase protection same page
- Free budget monitoring tools same page
Who should get the RCBC Classic Mastercard
| If | Then |
|---|---|
| You pay in full every month and want a rewards points card | The EastWest Puregold Always Panalo Visa (EastWest) needs ₱480,000 a year in income and costs ₱300 a year less. Pick the RCBC Classic Mastercard only if its rewards are worth more than that to you. |
RCBC Classic Mastercard downsides, and what a late payment costs
- The ₱1,500 fee is charged every year after the waiver ends.
- Foreign currency purchases cost 3.5% extra.
If you pay late: RCBC charges up to ₱1,000, 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.
RCBC Classic Mastercard annual fee, interest and charges
| Charge | RCBC Classic Mastercard | When, and the rule |
|---|---|---|
| Annual fee | ₱1,500 a year Supplementary: ₱750 a year | First-year membership fee waived. RCBC fee page |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same page |
| Cash advance | ₱200 a withdrawal | The BSP maximum (Circ. 1165). same page |
| Late payment | ₱1,000 | same page |
| Foreign transactions | 3.5% | same page |
Figures from RCBC Credit Cards fees and charges. BSP ceilings: BSP Circular No. 1165, s.2023. How RCBC words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: RCBC billing rules.
Requirements and how to apply
Apply with the button below. Channels, documents, status and hotline: RCBC 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 |
|---|---|---|---|---|
| RCBC Classic Mastercard RCBC | ₱1,500 a year first year free | 3% | ₱2,712 | - |
| UnionBank Classic Visa UnionBank | ₱1,500 a year | 3% | ₱2,712 | ₱360,000 a year |
| UnionBank PlayEveryday Credit Card UnionBank | ₱1,500 a year | 3% | ₱2,712 | ₱360,000 a year |
| EastWest Privilege Mastercard EastWest | ₱1,500 a year first year free | 3% | ₱2,712 | ₱480,000 a year |