There are a lot of banks in the Philippines that offer a variety of financial services to Filipinos. RCBC has constantly delivered outstanding customer service and product offerings that have helped its customers attain and maintain their financial well-being.
Written by: Big Piggyy
Personal Loans
Home Loans
Auto Loans
Corporate Loan
Corporate Salary Loan
Diamond Platinum Mastercard
JCB Platinum
Hexagon Club
UnionPay Diamond
YGC Rewards Plus Black Platinum
YGC Rewards Plus Visa Gold
YGC Rewards Plus Visa Classic
Flex Visa Gold
Flex Visa
Gold Mastercard & JCB
Classic Mastercard & JCB
AirAsia Credit Card
Landmark Anson's Mastercard
Wilcon Mastercard
LJC Mastercard
MANGO Mastercard
Sta. Lucia Mall Mastercard
Phoenix Mastercard
Sun Life Grepa
Malayan Insurance
Bank services
The Rizal Commercial Banking Corporation (RCBC) was established in 1960 and is one of the biggest private banks in the Philippines with over 418 branches nationwide and 1,375 ATMs. It provides a wide array of financial services.
RCBC is majorly owned by the Yuchengco Group of Companies (YGC) and with its affiliates – SunLife GREPA Financials and Malayan Insurance Company, Inc., they have also started offering investment-linked life insurance products, auto, fire, personal and other non-life insurance products.
RCBC’s head office is located at Yuchengco Tower, RCBC Plaza 6819 Ayala Avenue, Makati City. Customer service can be contacted at:
Home Loans with RCBC are designed for those who wish to fulfill their dream of having their own place and do not have the funds yet to own one. The good thing about RCBC is that even with just a minimal home loan value that starts at Php300,000 applicants can move in sooner than they think.
The home loan is not just for a house and lot acquisition, it could also be to refinance your home, multipurpose, acquire a vacant lot, or building or renovating your home.
Employed
Self-Employed
Requirements
RCBC’s auto loans are applicable for both brand new or pre-owned cars and motorcycles that offer low down payments, affordable monthly installments, and flexible payment terms.
Eligibility
Requirements
Employed:
Self-Employed:
Personal loans are designed for people to achieve their goals by addressing any financial hurdles that may come their way be it for education, travel, or other expenses.
Eligibility
Requirements
Credit Cards with RCBC offer its cardholders enhanced security features, plenty of rewards in Airmiles, and rebates. Not only that, cardholders can get cash advances on their credit cards.
There are 4 credit cards available for customers to choose from: Premium, Gold & Classic, Co-branded Cards, and Secured Cards. Each card is designed according to the purpose for which the cardholder may use it. Accordingly, there are designated fees according to which card they are applying for:
Credit Card | Annual Fee | Supplementary Card Annual Fee |
Visa Infinite | ₱3,600.00 | Free up to 9 |
Visa Platinum | ₱5,000.00 | Free up to 9 |
World Mastercard | ₱3,600.00 | Free up to 9 |
Black Platinum Mastercard (Peso) | ₱3,600.00 | Free up to 5 ; in excess Php1,800 |
Black Platinum Mastercard (Dollar) | $100.00 | Free up to 5; in excess $50 |
Diamond Platinum Mastercard | ₱2,500.00 | Free up to 3; in excess Php950 |
JCB Platinum | ₱3,600.00 | Free up to 3; in excess Php1,800 |
Hexagon Club | ₱3,600.00 | Free up to 5; in excess Php1,800 |
UnionPay Diamond | ₱3,000.00 | Free up to 9 |
YGC Rewards Plus Black Platinum | ₱3,600.00 | Free up to 5; in excess Php1,800 |
YGC Rewards Plus Visa Gold | ₱3,000.00 | ₱1,500.00 |
YGC Rewards Plus Visa Classic | ₱1,500.00 | ₱750.00 |
Flex Visa Gold | ₱3,000.00 | ₱1,500.00 |
Flex Visa | ₱1,500.00 | ₱750.00 |
Gold Mastercard & JCB | ₱3,000.00 | ₱1,500.00 |
Classic Mastercard & JCB | ₱1,500.00 | ₱750.00 |
AirAsia Credit Card | ₱3,600.00 | ₱1,800.00 |
Landmark Anson’s Mastercard | Php 80 / month | Php 40 / month |
Wilcon Mastercard | Php 100 / month | Php 75 / month |
LJC Mastercard | Php 80 / month | Php 60 / month |
MANGO Mastercard | Php 100 / month | Php 75 / month |
Sta. Lucia Mall Mastercard | Php 100 / month | Php 50 / month |
Phoenix Mastercard | Php 150 / month | Php 60 / month |
Here are other pertinent fees applicable to credit cardholders:
Minimum Amount Due:
Computed as (Total Statement Balance – Transactions Posted on the Current Statement – Amount Past Due – Current Late Charge) * 3% + (Amount Past Due + Current Late Charge + Current Over Limit Amount) OR Php500/US$15 whichever is higher.
RCBC has partnered with two of the leading insurance providers in the Philippines: Sun Life and Malayan Insurance. Each of these insurance providers can cater to a variety of insurance products according to the needs of RCBC’s customers.
With this insurance product, there are insurance products in every stage of your life or your loved ones:
Getting Started: Ideal for individuals who are just starting in their professional career and finding their way towards independence and adulting, learning what it means to budget, start building their emergency fund, ensuring their future income, and investing for life’s milestones.
Moving Up: Those who wish to enter married life and start a family look into insurance products that can better help them support their growing family. Just like preparing for life when getting started, safeguarding your income and building an education fund for your children also becomes a priority.
Preparing Ahead: For people who are at the point of their lives where they are looking at living a comfortable retirement, pursuing their life’s passions, venturing into a new business, or looking after their health, they also start building their retirement fund. There are plenty of insurance products under this life stage.
Leaving a Legacy: This is ideal for those who are already enjoying the fruits of their hard work, fully retired from their jobs, and enjoying more time with their loved ones. At this stage, people are already looking at preparing their estate and inheritance matters.
There are a lot of insurance products under Sun Life Grepa, and it is going to be a matter of choosing what is best for you according to your budget.
Malayan Insurance’s products mainly cater to non-life insurance products designed for individual clients, families, and businesses. Their insurance products are grouped according to General, Packed and Special.
General: Insurance products for Aviation, Engineering, Marine, Miscellaneous Casualty, Personal Accident, Surety, Fire and Motorcar
Packed: Moto Max, Family Relief, Travelite, Travel Master, AutoMaster, Total One Protection, Home Protect Plus, Business Protect, I4U, Golfers, and OFW Bantay Pamilya
Special: Fine Arts Insurance, Annual Travel Insurance
The products of RCBC for businesses intent on maximizing their business potentials. There are currently 2 corporate loan products available to companies: Corporate Loans and Corporate Salary Loans.
Products under corporate loans assist businesses with their financial obligations and are generally for short-term revolving facilities and long-term non-revolving facilities.
Under Non-Trade facilities, businesses can apply for a Credit Line, Accounts Receivable Line, Bills Purchased Line, Second Endorsed Check Purchase Line and Floor Stock Financing.
Import / Domestic Trade Facilities include
Under Export Financing, there are two products:
Other products include:
This product for businesses allows them to provide additional benefits for their employees that help employers increase employee retention and engagement and allow their employees to have access to cash at an affordable rate of interest and flexible payment terms.
Corporate Salary Loans are salaried deductible, non-collateral and multi-purpose credit lines afforded to employees that work for RCBC accredited companies.
Eligibility of Employees
Requirements for Companies
Requirements for Employees
RCBC is one of the pillars of Philippine banking, having been around the country for decades in its commitment to serve Filipinos nationwide. For those who have not yet decided to choose RCBC, here are the reasons why you should make the switch now:
It is one of the largest private domestic banks in the country that caters to every Filipinos needs in their goal to achieve financial stability.
RCBC offers financial services through its retail and investment bank, microfinance unit, foreign exchange and brokerage house, leasing company, and overseas remittance tie-ups.
With its over 418 branches and 1,375 ATMs nationwide, every Filipino can have access to the products and services that RCBC offers.
1. Using the redirect button at the top of the current page, you’ll get to RCBC’s website, which afterward you can continue to the loans section. The entire process involves 6 steps. The first one indicates the loan amount and the term preferred by the borrower.
2. Indicate the reason for the home loan application.
3. The next section requires filling in the personal information of the borrower.
4. The next section is for the contact details of the borrower.
5. Employment details are also required to be filled in to complete the application process.
6. The final step requires the income information of the borrower for RCBC to determine the capability of the borrower to pay for what he or she is applying for a loan for.
Online Auto Loan Application
1. To start the auto loan application, borrowers must first start the process and indicate how much they are planning to take a loan for and the payment terms they prefer.
2. The rest of the loan application process is the same as that of the online home application.
Personal Loan Application
1. Those who are interested in starting an application for a personal loan, they may do so by visiting the Personal loan section on the main homepage. They can select the loan details bearing in mind the minimum and maximum amount they can borrow and for how long they need to pay for it.
2. From this, they will have an idea of the interest rate they have to pay and how much the monthly repayment is. Once they have decided to proceed with the personal loan, they can visit any RCBC branch nearest them to complete the process
RCBC offers a one-stop-shop for Filipinos who are looking for a provider for the financial services they need and one that they can trust. With its decades of experience in providing excellent service to Filipinos, having to choose which bank to go for is an easy decision.
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