Credit card use in Philippines still low despite growth
Published on: Wednesday 21 January 2026
Credit card penetration in the Philippines remains low despite steady growth in the number of cards issued, leaving significant room for expansion as competition intensifies and loan access improves, according to the Credit Card Association of the Philippines.
News source: https://www.philstar.com/business/2026/01/22/2502547/credit-card-use-philippines-still-low-despite-growth