Enjoy the freedom to explore new destinations without worrying about annual fees!
Terms and Conditions
- The Promo is open to pre-selected Security Bank Credit Cardholders who have not yet met the minimum spend requirement for their card product type 3 months prior to their Annual Fee charge date.
- The principal cardholder’s Annual Fee will be waived if cardholder reaches the required Annual Spend. Accumulation of valid Annual Spend shall be twelve (12) months from the date of card approval (“Spend Period”).
- The posting date of the transactions will be the basis of qualification on the period allocated for the annual spend requirement.
- Recurring transactions such as bills assist, monthly installment amortization (both in-house and merchant based), funding transactions like PayMaya and Lazada Top Up, and quasi-cash transactions (i.e. gambling transactions, money transfer, money sending) are NOT counted as qualified transactions.
- If the principal cardholder does not meet the required Annual Spend, the cardholder will be charged an Annual Fee. Annual Fee will be reflected on Principal cardholder’s statement of account after the anniversary date.
- At any time, subject to prior notice, Security Bank shall have the authority to increase the required amount of Annual Spend.
- Transactions made by supplementary cardholder will not be included in the computation of principal cardholder’s Annual Spend.
