Fast Track Secured Credit Card
Start saving and building your credit score with a secured credit card. *Subject to terms and conditions
Overview
Our Fast Track Program allows you to open a savings account and get a secured credit card fast.
With a secured credit card, you enjoy the features and benefits of a regular credit card, while building your credit score.
Funds in the savings account will serve as your hold-out deposit, and 80% of that amount will be the basis of your credit limit.
*The Fast Track Program is open to both new and existing Security Bank clients. Exclusive for Mastercard credit cards only.
Benefits
- A savings account bundled with a secured credit card
- Fast processing of your credit card in three (3) banking days upon successful deposit of the committed hold-out amount
- A credit limit that is 80% of the hold-out amount
- Waived annual fee for the first year
- Get rewards points* for every transaction
*Applicable to Gold and Platinum Mastercard only
Features and benefits
Fast opening
Open a savings account and get a secured credit card fast.
Start earning
Start earning interest with your account.
Build up
Build your credit score and credit history.
Earn points
Earn rewards points on all your transactions, plus enjoy exclusive discounts and promos.
*Applicable to Gold and Platinum Mastercard only
Eligibility
- The Fast Track Program is open to all new and existing Security Bank clients
- Choose from the following products:
- Gold Mastercard
- Platinum Mastercard
- Wave Mastercard
*This is subject to the approval of Security Bank
- A minimum hold-out deposit amount of PHP25,000 is required for any savings account.
Required documents
- Must be at least 21 years old
- Government-Issued Photo-Bearing ID
- Completely filled out Fast Track Application Form.
- Non-Filipino Residents must submit their Alien Certificate of Registration (ACR), work permit, or Embassy Accreditation Papers
- For joint accounts, both parties must sign the hold-out agreement portion of the Fast Track Application Form
How to enroll?
1
Apply online by clicking here, or visit any branch and open a savings account.
2
Apply for a credit card. No proof of income required.
3
Submit your application and enjoy fast credit approval!
Frequently asked questions
What is the Fast Track Program?
Open to all new and existing Security Bank clients that are interested to get a card but do not meet the credit requirements (e.g. less than 6 months account tenure, non-depositors, first-time cardholders, included in high risk occupations, and/or with low gross annual income).
How can I apply for Fast Track Program?
You may apply online by clicking here, or by visiting any Security Bank branch. Open a savings account and get faster processing of your credit card application.
What credit limit will I get?
The credit card limit will be 80% of the total hold-out amount.
How long will it take to process my application?
Savings Account opening would immediately be processed on the same day of application, while credit card application would take three (3) banking days.
When can I request the hold-out amount to be lifted?
Processing of request for lifting of hold-out will be subject to approval and would take 30 banking days. Note that credit card of client will be cancelled once request has been implemented. He/she would need to apply via regular route to continue use of credit card.
