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Which credit card for Philippines trip ?

A vacation in the Philippines means wonderful beaches, diving spots, tropical flair, multicultural metropolises and much more that leaves nothing to be desired. In order for the vacation to be enjoyed without any worries, it is important to inform yourself in advance about the payment methods on site. The following guide provides useful information about the local currency, common means of payment, and fees for withdrawing money in the Philippines. A credit card should not be missing in the Philippines, as it can be used at ATMs and for cashless payments.

Basic Acceptance of Credit Cards in the Philippines

Basic Acceptance of Credit Cards in the Philippines

ATMs are available on all Philippine holiday islands, for example in shopping centers, tourist facilities and banks. Credit cards from Visa and Mastercard are highly accepted , which applies to ATMs and to payments in hotels, shops or restaurants. However, the foreign transaction fee applies to the cashless payment of many credit cards. Sometimes the acceptance points can also charge service fees. It is therefore advisable to withdraw cash with your credit card.

Cashless payment

Cashless payment

Cashless payment is particularly widespread in tourist areas and cities. In many places you can easily pay with the Visa and MasterCard. Diners Club and American Express are also partially accepted. In the larger hotels and restaurants, EC cards are sometimes accepted as a form of cashless payment, but you should take enough cash with you before going on trips to the countryside, to more remote areas or when visiting a market.

Special features of the Philippine ATMs

Special features of the Philippine ATMs

If you want to withdraw money from ATMs in the Philippines, you should note a few peculiarities. Depending on the operating bank, a limit of either 4,000, 5,000 or even 10,000 pesos is set up for the payment per withdrawal process. If, for example, 40,000 pesos are to be withdrawn with a credit card, the withdrawal process must be carried out at least 4 times. Ultimately, this means that the fees of around 5 USD must also be paid at least 4 times, which corresponds to a total of around 20 USD. To avoid this, the best travel credit card is presented below, with which cash can be withdrawn free of charge abroad.

Withdraw money in the Philippines

Withdraw money in the Philippines

Withdrawing money is no problem, at least in the larger cities in the Philippines, because there are many ATMs. Most ATMs accept credit or Maestro cards if they have the Maestro or Cirrus symbol. A credit card is generally the best way to withdraw money in the Philippines. However, it can be a little more difficult to withdraw money with a foreign card away from the larger cities, because many ATMs only accept local cards. So if you are away from the crowds of tourists, you should ensure that you have enough cash. In addition, credit cards are not accepted in numerous smaller resorts or accommodations.

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