When BDO introduced their latest debit card, I took the opportunity to get one for my mom since she’s having lots of difficulties in using her BPI express cash card. At the bank, I decided to get one for myself too. 😉
BDO Cash card is a re-loadable prepaid electronic debit card. It’s like a wallet. You don’t have to make an initial deposit just to apply for this debit card. Aside from that, NO MAINTAINING BALANCE needed and it will not earn interest at all. You can use this for shopping and even paying for your groceries. If you have problems sending money to your families, you can get one for them. Sending money to them would just be a breeze. But keep this in mind: BDO cash cards have a cut off time. Better to reload at an early time, if possible before lunch. Same thing when withrawing money using your cash card. Because the ATMs can only provide a certain amount for cash cards, not sure if it’s only a hundred thousand but they still priotize the debit card holders.
HOW TO GET ONE:
1. Go to the nearest BDO branch with 2 valid IDs. (PRC ID, SSS ID, Driver’s License, Postal ID, Voter’s ID)
**Note: Company ID is not being honored as a valid ID)
2. Fill-out the form which will be given by the bank personnel.
3. Pay P120 for each cash card to be released after 5 working days.
I thought only individuals like me would avail such a card like that but to my surprise, many companies are now using the cash cards for payroll accounts instead of the ATM Debit Card. In addition to that, cash cards being used in payroll won’t be able to transfer funds to another cash card account. Well, depositing money to another cash card won’t be such a pain in the neck for you don’t have to wait in a long queue. After filling out the black form, just go straight to the area where cash cards applications are being processed and VIOLA! You’ll be done in less than a minute. 🙂
Discalimer: This is not a paid post/advertisement.