MariBank has officially launched its first credit card in the Philippines to offer users flexible payment options.

Company President Siew Ghee Kung Lim announced the rollout on social media and noted that the product builds upon the existing debit offering of the rural bank.

Customers can upgrade their existing debit accounts to a credit facility while retaining their original card number and security code.

This integration effectively creates a single physical card that can switch seamlessly between debit and credit modes.

The financial product retains the core benefits of the original debit version, including zero annual fees, a 1% base cashback rate, and no foreign exchange markups.

Users who activate the credit mode receive additional benefits such as unlimited cashback and between 20 and 49 days of 0% interest when they pay their statements in full.

The service also allows account holders to revolve their balances to help manage their personal cash flow.

The bank is currently conducting a limited rollout to a select group of approved users.

This phased approach allows the institution to test and refine its underwriting rules before expanding access to the broader public.

MariBank operates as a rural bank and previously operated in the country under the name SeaBank Philippines.

Featured image: Edited by Fintech News Philippines based on an image by nisara_t via Magnific.