Who can apply for the Fast Track Secured Credit Card?
The Fast Track Program is open to new and existing Security Bank clients aged 21 or older. It was created for people who do not meet the regular credit requirements: first-time cardholders, non-depositors, clients with less than six months with the bank, applicants with a low declared income or in occupations the bank classifies as high risk. The card is subject to the approval of Security Bank, but with the hold-out deposit in place the bank does not ask for proof of income.
Non-Filipino residents can apply too, with their Alien Certificate of Registration, work permit or embassy accreditation papers. For joint accounts, both account holders sign the hold-out agreement.
Requirements for the Fast Track Program
✔️ At least 21 years old
✔️ Government-issued photo-bearing ID
✔️ Completely filled-out Fast Track application form, including the hold-out agreement
✔️ Minimum hold-out deposit of ₱25,000 in a Security Bank savings account
✔️ Non-Filipino residents: ACR, work permit or embassy accreditation papers
✔️ No proof of income required
A tip for you!
Decide the deposit amount based on the limit you actually need. The limit is 80% of the hold-out, so ₱25,000 becomes ₱20,000 and ₱37,500 becomes ₱30,000. A limit that covers your normal monthly spending lets you keep utilization low, which is what builds a good score.
Ask the branch which variant, Gold or Platinum, matches your deposit and what its annual fee is from the second year, because the first-year waiver ends. And remember that requesting the release of the hold-out cancels the card: plan that step for when you are ready to apply through the regular route.
Pay from the same savings account, on or before the due date, every month. The point of a secured card is the payment record it creates at the Credit Information Corporation.
What are the fees of the Fast Track Secured Credit Card?
The annual membership fee of the Gold or Platinum Mastercard is waived for the first year and charged from the second year according to the Card Terms and Conditions. Finance charges on unpaid balances, cash advance fees and late payment charges follow the Security Bank credit card fee table, within the monthly ceiling set by the Bangko Sentral ng Pilipinas. Check the current table on the official website before you enrol.
How to apply for the Fast Track Secured Credit Card?
The enrolment happens at a Security Bank branch. You open a savings account, deposit the committed hold-out amount, fill out the Fast Track application form and submit your ID. The account is opened the same day and the credit card application takes three banking days. The card is then delivered and activated like any other Security Bank Mastercard.
If you have your ID and the deposit ready, press the button to go to the official Security Bank page, read the program details and find the nearest branch.
Kredua is not a bank, a lending company or a financial institution, and we do not grant credit. We review products offered in the Philippines so you can decide with more information; every application is made directly with the institution, which is the only one that evaluates and approves it.
