6 Best Credit Cards for Twenty-Somethings

Carlo Miguel Castañeda

There comes a point in every twenty-something’s life when they feel the need for having a credit card. Maybe it’s for charging expenses of an upcoming business trip or for the convenience of transacting online. Getting the credit card being offered with pre-approval at a kiosk in a mall might seem like a tempting choice, that may not be the best credit card for you. Hence we recommend you thoroughly research and compare different cards before committing yourself to one.

It’s important to remember that a credit card is not access to free money, but a responsibility to be managed. Anyone looking to get a credit card should consider the following:

  • A low annual percentage rate.
  • Additional benefits.
  • A rewards program specific to one’s needs.

A large number of credit cards fall under these categories, especially given that some of these cards will also waive their annual fee for a year. Credit cards for those who have never had one can become ways by which one establishes a credit history, which is very critical for accessing other financial products in future such as personal loans later.

Given a number of options available, it would be best to narrow down one’s choices. Here are six of the best credit cards that provide the best perks for twenty-somethings:

The Best Credit Cards for Twenty-Somethings


Credit Card

Why It’s Great

Best Credit Cards for Twenty-Somethings

Fully Booked-RCBC Bankard Mastercard
Fully Booked-RCBC Bankard Mastercard
  • Get additional savings of as much as 10% rebate at Fully Booked stores
  • Special Buys/Private Sale Events
  • Access to MasterCard’s rewards catalog
  • Best perk: Book-loving twentysomethings get a year-round 10% discount
BPI Edge MasterCard

BPI Edge MasterCard

  • Contactless Technology
  • Real Thrills Rewards Points: PHP 50 = 1 point.
  • AMF Waiver: First year FREE.
  • Best perk: Access to trendy fashion for less, 0% installment exclusives on clothes, gadgets, and the hottest events
Citi Rewards Card

Citi Rewards Card

  • Earn never-expiring Rewards Points (P30 = 1 Point).
  • 0% interest or affordable monthly add-on rates at participating merchants nationwide
  • Get 3x Rewards Points when you shop and dine
  • Best perk: Rewards points are multiplied by 3 when booking Cebu Pacific tickets, perfect for the jet-setting twentysomething.
BDO Installment Credit Card

BDO Installment Credit Card

  • Revolving Credit Line
  • Monthly Effective Interest Rate of 2.00%
  • Cash availed in Easy Installment Payment Terms.
  • Get free treats, GCs and rebates when you shop using your card.
  • Best perk: Low minimum monthly income requirement at Php 10,000
EastWest Practical MasterCard

EastWest Practical MasterCard

  • Convert your high-ticket, shopping and travel expenses to installment payable in 6, 12, 18 or 24 easy payment terms at low monthly add-on interest rates.
  • Choose how you want to pay for your membership fee – annually, quarterly or monthly.
  • Best perk: Low Monthly Interest Rate at 3.25% for basic purchases from supermarkets, drugstores and gasoline stations and 3.49% for other purchases.
HSBC Red MasterCard

HSBC Red MasterCard

  • Redeem items, GCs and now, air miles using your accumulated bonus points
  • Annual fee waived for the 1st year
  • Use your HSBC Credit Card to fuel up at participating Caltex stations nationwide and get a 3% rebate on your credit card bill
  • Best perk: Get 4x Bonus Points local shopping, dining transactions, online, and overseas transactions

Final Thoughts

Again, it’s important to remember that credit cards are not access to free money, hence think before you choose and spend using these cards. Every transaction made is money borrowed that must be repaid back in full and on time. Remember this and you will be able to ensure that you use your credit card to its full potential without driving up your debt and damaging your credit score.

If you don’t have a credit card, you can click on the banner below and compare cards, you might just find the one that’s perfect for you.


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