Now that holiday season is upon us, many individuals are preparing to fly out and see their families or simply take a breather and get a much-needed vacation. However, flights and even accommodation can cost an arm and leg during this season. In fact, prices tend to reach an all-time high during the holidays.
Individuals interested in traveling on a budget might be discouraged when they see sky-high prices on travel websites. If you are one of these, fret not. There are more affordable and more convenient ways of traveling using a reliable credit card.
Credit cards offer more than just accessibility and exclusive discounts. These also provide avenues to redeem experiences using bonus points and miles. One example of this is the Metrobank Travel Platinum Visa card, where people like you who want to travel cheaply can do so using miles.
Features & Benefits
The Metrobank Travel Platinum Visa card is made for budget-savvy travelers who wish to save on their trip while maximizing their experiences. Under this credit card offering, cardholders can earn 1 mile for every P17 spent overseas, as well as airline bookings and hotel accommodations. For all other spends with a minimum of P20 pesos, cardholders will be rewarded with 1 bonus point.
Accumulated miles and points can be used to avail flights and hotel accommodations. Bear in mind that prior to redemption, cardholders must bear a minimum of 10,000 points within their account.
Travelers who wish to save on travel insurance will be glad to know that they will be given free travel insurance with up to P5 million coverage when they book using this credit card. Apart from this, cardholders will also be provided with unlimited airport lounge access and other exclusive travel offers.
Who Is Eligible To Get This Card?
Applicants who wish to avail of the Metrobank Travel Platinum Visa card and use its miles for travel must be at least 18 years of age. Meanwhile, the minimum annual income to avail this card is P800,000.
Individuals eligible to earn and use miles are those who fall under the current list of customers who availed the credit card.
How To Get It
Application for the Metrobank Travel Platinum Visa card may be done by filling out the online application form found on the website. Interested parties may also course their application by going to a branch near them.
Some of the documents and information required by the bank include personal data such as name, date of birth, place of birth, mobile number, and address. Employment information such as your nature of work, business address, and salary information are also required to be disclosed. Additional documents such as proof of identification and proof of income will also be asked by the bank.
How to Earn and Use Miles
Scoring free or upgraded plane tickets and hotel rooms just got easier. Once approved, all you need to do is activate your credit card and use it. Overseas spends, airline bookings, and hotel bookings charged on your Metrobank Travel Platinum Visa card will earn 1 mile for every P17 spent.
When you have enough points and miles earned in your account, redeeming Metrobank Rewards is easy. To do this, visit the bank’s reward page and select the reward you intend to redeem, say a free flight or a hotel accommodation. Once you have chosen your reward, simply call the bank’s 24-hour hotline at 88-700-700 and redeem your gift. After claiming your gift, wait for the rewards voucher to be sent in your account via SMS. Upon receipt, simply go to the merchant and redeem your reward.
Miles can be redeemed at select partner merchants, including Asia Miles from Cathay Pacific, Mabuhay Miles from Philippine Airlines, and KrisFlyer from Singapore Airlines. The minimum points required range from 10,000 to 15,000 depending on the airline.
How Much Does It Cost?
Although there are no fees associated with redeeming miles, usage of the card warrants certain fees.
- Annual Fee – P5,000
- Monthly Interest Rate – 3.75%
- Cash Advance Fee – P600 or 3% of the amount advanced
- Late Payment Fee – P850
- Overlimit Fee – P750
To get in touch with the bank, simply go to a branch near you or contact them at their 24/7 customer service hotline at 88-700-700. You may also email them at [email protected].
With the help of this nifty guide, you can now save on your travels during the holidays by using your credit card miles. Not only will it help you save more money in the long run, but it will also help you maximize the bank’s offerings.