Five awesome things you can do with your debit card

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Editor’s Note: This content is sponsored by BDO and produced by BrandRap, the sales and marketing arm of Rappler. No members of the news and editorial staff were involved in the production of this article.

More and more Filipinos are going cashless for ease and convenience. Apart from credit cards, most of us now use debit cards or mobile wallets to pay for our daily transactions.

Cashless payment, like using a debit card, has quickly become second nature, especially for people who have an aversion to carrying large sums of cash, or the hassle of searching for an ATM. to withdraw, or those who simply want to avoid rummaging through their wallet for the exact payment amount.

According to a 2021 report by GlobalData, a UK-based data analytics and consulting firm, there are around 90.6 million debit cards in circulation in the Philippines. Debit cards continue to dominate all cards held in the country.

If you’re one of the 90.6 million, you’d know that a debit card is an easy, convenient, and reliable financial tool for shopping, ordering food, paying bills, and more. But do you know there are other things you can do with your debit card? Here’s how you can take advantage of its amazing benefits:

1. You can use a debit card for payment almost anywhere!

Dinner in a restaurant? Fill up at a gas station? Buy concert tickets? Or book a trip? Go ahead and pay with your debit card. It is widely accepted in malls, supermarkets and various establishments, so you don’t have to worry in case you run out of money in your wallet.

You can also choose debit card as a payment option when shopping in physical stores or online. Payment is automatically deducted from your bank account, so you won’t have to worry about missing payment due dates. It is also accepted worldwide at ATMs and in stores wherever Visa or Mastercard are accepted.

2. You can link it to your favorite shopping app.

No need to go out or brave crowded stores during a sale! With just a few taps on your phone, you can shop for a new outfit, essentials, kitchen appliances, and even novelty items you never thought you’d need. By linking your debit card to your shopping app, you can easily pay and take advantage of promotions and coupons.

It’s really useful when you want to avoid jumping from one store to another or when you just want to stay but need to buy something. All you have to do is scroll through your trusted shopping app, click the pay button, choose debit card as your payment method, relax and wait for the goods to be delivered at your doorstep.

For a smooth payment, be sure to activate the online purchase limit on your BDO debit card. Simply log into your BDO Digital Banking app, tap More, then go to Security Management, choose Set Card Limits and Save Changes.

3. You can use it to track your expenses.

After registering your debit card in your online banking account, you can access all your transactions and your updated account balance at any time. This means you can easily check where your hard-earned money is going.

You probably haven’t noticed how much you’re spending on an expensive cup of coffee, or you forgot you bought an air fryer the other day. If you want to control your spending, here’s a tip for BDO debit cardholders: set a maximum daily transaction limit for your ATM withdrawals and online and in-store purchases via the BDO Digital Banking app, under Manage of security.

Tracking your spending helps you identify your spending habits and reset your financial goals. This way you get smarter with how you spend and save money.

4. You can protect and secure your finances.

In case you lose your card, don’t panic. With a BDO debit card, you have the ability to lock and unlock your card anytime, anywhere. Simply log in to your BDO Digital Banking app, click More and navigate to Security Management, then slide the toggle to lock or unlock. By locking your card, you can prevent your account from being used for unauthorized transactions at ATMs, point-of-sale (POS) terminals and online sites. Once you find your card, you can just as easily unlock it.

5. You can use it to get exciting rewards and promotions!

Debit card issuers like BDO offer exclusive promotions to their cardholders, such as special offers at your favorite stores, extra savings on your food and grocery deliveries, travel and dining discounts, and Moreover. With a BDO debit card, you can enjoy the benefits and privileges of its partner merchants. New offers also appear on their website, so be sure to check them out.

Get the most out of your debit card by using it to shop, dine, pay bills, book travel and get exclusive perks and discounts!

If you do not yet have a BDO Debit Card, you can open an account at any BDO branch. – Rappler.com

Learn more about the benefits and features of the BDO Debit Card and stay informed of the latest offers on the BDO website.

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