Best Corporate Credit Cards in the Philippines

Managing business expenses in the Philippines can feel like a constant struggle, especially for businesses that still rely on manual tracking and have to spend countless hours reconciling accounts at month-end, only to be hit with surprise fees. Corporate credit cards provide a practical solution, offering streamlined expense management, clearer oversight, and cost savings.

In this article, we’ll share the top corporate credit cards in the Philippines, and show you how to leverage them effectively for more efficient and cost-effective expense management. We'll also introduce the Wise Business Card as an alternative corporate card that offers similar benefits while letting you save even more on fees.

Table of contents
What is a corporate credit card, and why does your Philippine business need one? Best Philippines corporate cards What to look out for in a corporate credit card in the Philippines Common challenges with traditional corporate credit cards Frequently Asked Questions

What is a corporate credit card, and why does your Philippine business need one?

A corporate credit card is a company-issued credit card that lets employees cover business expenses while giving businesses centralised liability, tighter spending controls, and greater efficiency in managing costs.

Using a corporate credit card allows your Philippine business to:

• Streamline your expense management: Corporate credit cards offer consolidated reports on spending and expenses, allowing you to simply save manhours on manual tracking.
• Improve budget controls: You have the option to assign corporate cards to your employees with clear spending limits. Some cards even allow you to define which categories are permissible based on employees or departments.
• Enhanced visibility on expenses: Real-time reports and analytics reveal spending patterns that help your business make smarter financial decisions.
• Simplified reconciliation: Having access to reports allows you to match transactions to receipts easily and make your accounting process more efficient.
• Employee empowerment: By allowing employees to spend freely on their corporate credit cards, you reduce the need for manual reimbursement, freeing up staff time and thus improving overall workflow.

Limiting business spending to corporate credit cards instead of relying on personal credit cards allows you to separate your business expenses from any personal spending. This reduces discrepancies that may occur during the reimbursement process and cleans up your accounting workflow. Separating business spending also protects your Philippine business from compliance issues and reduces the risk of irresponsible spending by employees.

Here's a quick overview of the popular business cards available in the Philippines.

Best Philippines corporate cards

Card	Annual fee	Cash advance / ATM fee	Foreign transaction fee	Cashback and benefits
BPI¹	1,700 PHP²	200 PHP per transaction	0.85% plus Mastercard / Visa assessment fee of 1%, on top of prevailing foreign exchange rates.	Earn Real Thrills Rewards Points as you spend for rebates, miles and gift certificates.
UnionBank³	1,500 PHP⁴ First year is waived.	200 PHP per transaction	2% service fee plus Mastercard / Visa assessment fee of 1%, on top of prevailing foreign exchange rates.	0.5% rebate for every spend. Access to Maharba Lounge and PAGSS Lounge. Free travel insurance for air tickets bought using the UnionBank corporate card.
BDO Unibank⁵	Free⁶ (for Visa, Mastercard and Diners Club) 2,500 PHP⁷ (for American Express)	200 PHP per transaction	1% cross-border fee and 1.5% foreign exchange conversion fee. (for Visa, Mastercard and Diners Club) 2.5% conversion fee, of which 1% is retained by American Express.	Complimentary travel insurance of up to 5 million PHP. (for Visa, Mastercard and Diners Club) American Express BDO corporate card holders earn membership reward points on spending, and complimentary travel insurance of up to 15 million PHP.
RCBC	1,500 PHP⁸ (Corporate Mastercard) 3,600 PHP⁹ (JCB Platinum) 5,000 PHP, first year free¹⁰ (Visa Platinum) 3,600 PHP¹¹ (Gold MasterCard)	200 PHP per transaction	3.5% service fee, which includes Mastercard/Visa/JCB/UnionPay assessment fees and the Bank's service fee. 2.25% service fee for foreign currency transactions at point of sale, for transactions of 1,000 PHP and above.	JCB Platinum, Visa Platinum and Gold MasterCard holders are entitled to: Free travel insurance and purchase protection. Access to airport lounges. 0% instalment on purchases abroad. Earn reward points and airmiles on your corporate card spend. RCBC Visa Platinum corporate card also grants complimentary access to the 24/7 Visa concierge service.
Wise Business Card¹³	No annual fee One-time fee of 1,400 PHP applies.	2 withdrawals of up to 12,000 PHP/month free, then 30 PHP + 1% fee	No foreign transaction fee	Mid-market exchange rate and options to hold and exchange 40+ currencies in the Wise Business account

*Details are correct at the time of research - 18 September 2025

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BPI corporate credit card¹

The BPI corporate card offers a complete business payment solution that enables Philippine businesses to control and monitor spending while enjoying low foreign conversion rates. Spends made on the BPI corporate credit card are eligible for Real Thrills Rewards Points, which can be exchanged for rebates, miles and gift certificates.

It is worth noting that:

• Annual fee of 1,700 PHP applies²
• Cash advance fee of 200 PHP is charged per transaction
• BPI corporate credit card has the lowest foreign exchange service fee at 1.85% at the point of writing.
• You’ll gain access to a secure web-based reporting and expense management system

UnionBank corporate credit card³

UnionBank’s corporate Visa card helps simplify business spending while offering perks such as 0.5% rebate on spend, access to Marhaba and PAGSS lounges and complimentary travel insurance coverage of up to 5 million PHP when tickets are purchased with the card.

It is worth noting that:

• Annual fee of 1,500 PHP applies⁴
• Cash advance fee of 200 PHP is charged per transaction
• Foreign exchange service fee of 3% applies on top of prevailing foreign exchange rates.
• Monitor and track your expenses via the VIA Spend Clarity system

BDO Unibank corporate credit card⁵

BDO Unibank offers corporate cards from Visa, MasterCard, Diners Club and American Express, all of which grant access to expense management solutions, payment consolidation, monthly reports and complimentary travel insurance of up to 5 million PHP.

The American Express BDO Unibank corporate credit card offers an advanced suite of financial management reports and more flexibility in expense control. It also offers additional perks such as the ability to earn membership reward points and complimentary travel insurance of up to 15 million PHP.

It is worth noting that:

• Annual fee is free⁶ for Visa, MasterCard and Diners Club BDO Unibank corporate credit cards. An annual fee of 2,500 PHP⁷ applies for the American Express BDO Unibank corporate credit card.
• Cash advance fee of 200 PHP is charged per transaction
• Foreign exchange service fee of 2.5% applies for Visa, MasterCard and Diners Club BDO Unibank corporate credit cards, and 3.5% for the American Express BDO Unibank corporate credit card.

RCBC corporate credit card

RCBC offers a range of corporate credit cards for you to choose from. The RCBC corporate MasterCard⁸ is a no-fuss corporate card that helps simplify your business expense management. RCBC also offers premium corporate credit cards with advanced expense management tools such as the Spend Analyzer, Spend Monitor, and come with additional benefits such as free travel insurance, access to airport lounges and the ability to earn reward points and airmiles.

It is worth noting that:

• Annual fee of 1,500 PHP applies for Corporate MasterCard⁸, 3,600 PHP for JCB Platinum⁹, 5,000 PHP for Visa Platinum¹⁰ (first year free) and 3,600 PHP for Gold MasterCard¹¹.
• Cash advance fee of 200 PHP is charged per transaction¹²
• Foreign exchange service fee is the highest of the corporate credit cards on our list at 3.5%.
• Premium corporate credit cards come with an additional suite of expense management tools

Wise Business Card

Wise Business is a banking alternative that lets you convert, send and spend money globally at transparent pricing. Your business will always enjoy the mid-market exchange rate for foreign currency conversions, and no foreign transaction fees when spending with the Wise Business Card.

It is worth noting that:

• There is no annual fee, but a one-time set-up fee of 1,400 PHP¹³ applies.
• Cash advance or ATM withdrawals are free for 2 withdrawals of up to 12,000 PHP/month. Subsequent cash advance fees are low at 30 PHP + 1% fee.
• Wise Businesses does not charge foreign transaction fees and any conversion fees will be clearly reflected.

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What to look out for in a corporate credit card in the Philippines

The best corporate credit card depends on your needs and spending patterns. Key considerations include:

• Foreign exchange rates and fees: Having access to mid-market exchange rates and transparent fees helps reduce business costs.
• Pricing transparency: Transparent pricing and fee structures prevent unpleasant surprises, especially when handling foreign transactions.
• Integration capabilities: Corporate credit cards that integrate with your accounting software help save time on reconciliation while increasing the accuracy of your records.
• Spending controls and reporting features: The ability to set granular limits gives you flexible spending control. Having real-time reporting and analytics supports smarter financial decisions.
• Ease of use and availability of a digital platform: An intuitive interface ensures simple onboarding and fewer mistakes.

💡Ready to simplify your team's business spending? Give them their own Wise Business Cards and connect them to your Wise Business account. No more using personal cards for business expenditure. No more manually reconciling personal card reimbursements. Wise Business lets you monitor and approve card payments instantly.

• Get your first Wise Business card for free when you open a Wise Business account.
• Give your team their own corporate debit cards to keep expense management clean.
• Receive instant spending notifications and track expenses in the Wise app.
• Approve payments, set spending limits, and freeze your card if you've lost it.
• Always get the mid-market rate with transparent conversion fees starting from 0.57%.
• Say goodbye to monthly fees and foreign transaction fees.

➡️Get your Wise Business Card today

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Common challenges with traditional corporate credit cards in the Philippines

While corporate credit cards offer a range of benefits, they come with common disadvantages that you should keep an eye out for.

• Hidden fees and unfavourable exchange rates

A major drawback of traditional corporate cards is the markups banks add on foreign exchange rates. This means you are paying more than the mid-market rate shown online.

For example, a USD 99 software subscription could cost noticeably more after repeated markups steadily erode your bottom line.

• Cumbersome reimbursement & reconciliation processes

Many Philippine businesses still rely on paper-heavy workflows for employee expenses, especially when multiple corporate credit cards from various banks do not integrate with their accounting software, resulting in the need for manual reimbursement.

• Lack of real-time spending visibility and control

Without immediate insights, managers often see spending when monthly statements arrive, which is often too late to prevent overspending or misuse of company funds. While many corporate cards offer spending controls, these are often unused. Ensure that limits are in place for every corporate card you issue.

Wise Business helps businesses in the Philippines to overcome these challenges with access to transparent mid-market exchange rates with no hidden markups. All transactions made are tracked and reflected immediately within your account, allowing real-time tracking. You also have the option to issue debit cards to your employees with pre-set spending limits that give you direct control over business spending.

The smart way to manage business expenses with corporate cards

When used effectively, corporate credit cards offer more than just a convenient way for employees to pay for business expenses. Here are some practical ways they can help enhance efficiency.

• Business travel: when employees travel for work, having a corporate credit card removes the hassle of handling personal reimbursements. All expenses can be recorded and tracked, simplifying the reconciliation process.
• Software subscriptions & online services: your employees may rely on SaaS solutions that improve their workflow. Enabling your employees to pay for such services via a corporate card helps reduce the need for reimbursement. Choosing a corporate card with transparent fees and favourable foreign exchange rates allows you to limit your expenses instead of relying on the rates that your employees may be exposed to on their own credit cards.
• Client entertainment & employee perks: sales teams may have to host business lunches, and team managers may need to cover team meals. Using a corporate card allows your business to keep track of legitimate expenses and prevent the blurring of personal and business spending.

Beyond these use cases, corporate credit cards may offer integration with expense management that allows you to solve the headache of tracking team expenses and managing business spend.

💼Wise Business Case Study

Jonathan Dizdarevic, co-founder of anyIP, a SaaS business with a global team, experienced the headache of reconciling expenses which were manually submitted through WhatsApp. Too much time was wasted in tracking down the expenses, the employees to reimburse, and verifying records. After rolling out Wise Business cards to his team, the company not only saved time, but they are now able to control spend limits while enjoying improved security with the ability to freeze or unfreeze cards instantly. ➡️Read how anyIP transformed their expense management using Wise Business here

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Frequently Asked Questions

• Can employees use corporate credit cards for personal expenses?

Employees should not use corporate credit cards for personal expenses. Businesses should set clear spending policies and controls to prevent such practices. Corporate credit cards may allow you to set category restrictions that could help limit such instances as well.

• What is the difference between a corporate credit card and a company charge card?

Credit cards allow repayment to be carried over to subsequent months, incurring interest if the balance is not fully paid off each month while charge cards require all balances to be paid off at every billing cycle. Corporate credit cards are typically preferred for the spending controls and reporting features, while company charge cards tend to offer higher spending limits and are typically used by companies with significant cash flow.

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Conclusion

Business expense management is a complex process which can be simplified with the use of corporate credit cards. Above, we have provided a list of the best corporate credit cards in the Philippines along with their fees and benefits.

While corporate credit cards help to centralise payments and simplify reconciliation, they often come with hefty foreign transaction fees and/or hidden exchange rate markups if you happen to convert currencies for a transaction. Keep an eye out for these hidden, unnecessary costs to ensure that your business remains cost-effective while you strive for efficiency and control over your spending.

Wise’s corporate card solution can help your Philippine business to streamline your expense management while saving on fees.

➡️Get started with Wise Business today

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Sources:

1. BPI Corporate Card
2. BPI Credit Card Rates and Fees
3. Corp Card | UnionBank of the Philippines
4. Table of Fees | UnionBank of the Philippines
5. BDO Corporate Cards
6. Fees and Charges (Visa, Mastercard, Diners Club) | BDO
7. Fees and Charges (American Express) | BDO
8. RCBC Corporate Mastercard
9. RCBC JCB Platinum Credit Card
10. RCBC Visa Platinum Credit Card
11. RCBC Gold Mastercard Credit Card
12. RCBC Credit Card Membership Fees, Rates, and Charges
13. Wise Business Fees & Pricing

Sources checked on: 18 September 2025