The new product targets frequent flyers by offering a 1:1 conversion rate for airline mileage programmes and a 1.5% foreign exchange fee for international transactions.
Furthermore, cardholders are provided with unlimited access to airport lounges globally, alongside travel insurance coverage of up to PHP 20 million.
For added financial flexibility, users can convert their purchases into payment terms of up to 36 monthly instalments using the RCBC Pulz application.
The card’s release is the result of a partnership between the Philippine bank and the global payments network Visa.
RCBC President and Chief Executive Officer Reggie Cariaso noted that the product serves as a practical financial tool for customers travelling abroad.
Reginaldo “Reggie” Cariaso
“This card reflects our close collaboration with Visa for a seamless, premium travel experience,” Cariaso stated.
Highlighting the network’s role in the rollout, Visa Philippines Country Manager Jeffrey Navarro explained that the partnership aims to facilitate international transactions.
Jeff Navarro
“Together, we’re enabling secure, seamless, and reliable payments that help discerning travellers move with ease and confidence across borders and currencies,” Navarro said.
Featured image: Edited by Fintech News Philippines based on an image by RCBC Credit.