BDO pioneers ATM cards made from recycled plastic

CEBU, Philippines — Universal bank, BDO Unibank has pioneered the introduction of sustainable credit cards in the Philippines, made entirely from 100 percent recycled plastic.

This was introduced by the team of BDO Unibank officials led by Ma. Nannette Regala, senior vice president and Consumer Banking Group Marketing Head during the re-introduction of BDO ShopMore Mastercard in Cebu.

In an interview with Regala, she said that the first BDO green credit card is an initiative that aligns with the bank’s efforts to promote environmentally friendly products and services.

The Sy-led financial institution emphasized its responsibility to integrate sustainability principles in itsdecision-making and business operations.

“As we continue with our sustainability journey, we will continue finding ways to go green, lessen our impact on the planet, and offer choices that will help our clients do the same,”Regala said.

Using recycled plastic to manufacture BDO ShopMoreMastercard is a sustainable solution to lowering energy consumption and plastic waste. By repurposing plastic waste from packaging and printing industries instead of using brand-new PVC material, BDO reduces its environmental impact by lessening the demand for new plastic production.

Meanwhile, as Filipinos’ also recognized the importance of using credit cards, especially for the young generation, Regalaurged users to be responsible in their credit spending, establishing a good credit standing.

“With young people now with so many wants, you have to make sure that early on in your careers or work life, when you are accountable for credit card, you keep your credit card in good standing because anything that goes wrong with it is in your record,” she noted.

“If you want to have loans later on, like housing or auto loans, you’ve got to make sure you are responsible and spend within your means,” added Regala.

BDO ShopMore Mastercard was recently re-introduced to the Cebuano market at SM Seaside City, in line with the card’s 20th anniversary.

Regala also reminded credit card holders, particularly the young professionals to “pay responsibly”, meaning while banks are now offering attractive payment terms, it is prudent to pay the entire credit amount at due date, rather than paying only the minimum bill.

“Pay for more than the minimum. If your bonus comes, pay even more. So that, you get rid of the balance right away,” she advised.

She noted however, that young consumers now who use credit cards are mostly responsible, as they are aware of the importance to have a good credit standing.

She said credit cards can be a valuable tool for young adults to establish credit and build a strong financial foundation.

The new and improved BDO ShopMore Credit also comes with exciting benefits and is available in three vibrant colors, which applicants can choose from when they sign up.

The BDO ShopMore Mastercard delights customers with a range of rewards, including a free membership fee for the first year, 250 welcome bonus Peso Points after the first purchase, and double Peso Points on everyday purchases.

Cardholders also enjoy extra cashback, instant savings, exclusive year-round deals from select partners, discounts on dining and food deliveries, and Buy Now, Pay Later deals with zero percent interest at over 20,000 stores. Terms and Conditions appl.

Cardholders will also enjoy year-round offers from BDO’s partnerships with top eCommerce platforms such as Lazada, Shopee, GrabFood, and Foodpanda, to name a few, and get discounts from restaurants for as much as 50 percent off.

BDO ShopMore Mastercard is accepted anywhere in the Philippines and in over 20 million locations in around 275 countries and territories. — (FREEMAN)