Maximizing card rebates in the new normal scenario
Now that we’re living in uncertain times it has become necessary, more than ever, to manage our resources carefully and spend them wisely. By this we don’t mean cutting back on essentials and supplies to save up cash but, rather, to think of ways to get added value from our purchases.
For example, if we’re going to spend on essentials anyway, we might as well “swipe” these transactions using a credit card now, and then pay for them with our cash later on.
By using a credit card, we get added value from purchases in the form of rewards points, cashback from rebates, convert unused credit to cash, and the options to convert essential purchases into light monthly installments – 0% installment or 0% balance conversion. It even extends our financial capacity by allowing us to purchase big ticket items. And, one of the best things about it is it helps us manage our cash flow efficiently because there’s a little breathing room from the date of our purchases until the due date of our billing cycles.
Not to mention that during this global health crisis, nothing’s more important than to shift all our activities online to lessen our physical contact with others in order to ensure our safety. These activities include paying for bills and shopping for groceries—among all the other things we can accomplish in the comfort of our home with the help of the Internet.
Adapting to this change is effortless when you have a credit card because credit cards are accepted and a preferred mode of payment by most e-commerce sites.
To top all that, the welcome gift for first-time Metrobank cardholders just got even better because it offers the exact added value we need in the new normal scenario: cashback from rebates.
How it works
When you apply for a Metrobank credit card from July 16, 2020 to October 15, 2020 and get approved, you’ll qualify for the cash rebate promo for new cardholders. You’ll even get extra cashback credits automatically by simply applying online via https://m.me/MiaOfMetrobankCard or at https://apply.metrobankcard.com/.
New non-premium cardholders can get as much as Php3,000 cashback from this rebate offer while new premium cardholders can get as much as Php5,000. Plus, an additional P500 by applying online.
Credit card management
If what’s keeping you from getting a credit card is the intimidating thought that you might mismanage and end up in debt, know that maintaining a good credit standing isn’t as hard or as impossible as you think. As long as you diligently track your billing cycle and buy only what you can pay in full by the due date, you won’t get in trouble at all. You’ll also realize that there are actually more benefits than disadvantages to owning a credit card. Having a good credit standing not only gives you better purchasing power, it also grants you access to excellent card deals, like rebates, which could result in big savings in the long run.
Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.