What do I need to know about the Fast Track Secured Credit Card
The Fast Track Secured Credit Card is the perfect solution for customers looking to increase their credit scores while being responsible with their everyday spends. In addition to the Fast Track Program, you can open a savings account while securing a credit card. This unique pairing facilitates responsible spending, gradually contributing to the increase of your credit score!
With various perks and benefits and an impressive 80% credit limit of the holdout amount, the UTUA team believes that this card is truly one of the best credit builders in the market.
What are the main benefits and characteristics of the Fast Track Secured Credit Card?
Besides having waived annual fee for the first year and multiple rewards through rebates or points with every transaction, with this credit card, your application is processed within 3 banking days upon document receipt.
In addition to that, this card boasts an impressive 80% credit limit of the holdout amount.
Am I eligible to apply for the Fast Track Secured Credit Card?
✅Must be at least 21 years old
✅Fast Track Program is open to all existing Security Bank or New-to-Bank Clients
✅Exclusive for Mastercard products only: Gold Mastercard/Platinum Mastercard/Next Mastercard
✅A minimum hold-out deposit amount of PHP25,000 is required for any savings account and PHP100,000 for time deposit account
What is the required documentation?
✅Completely filled out and signed Application Form: Non-Filipino Residentsmust submit his Alien Certificate of Registration (ACR), work permit or Embassy Accreditation Papers. If joint account, both parties must sign the hold-out agreement portion of the Application Form.
✅Government-Issued Photo-Bearing ID
Frequently asked questions
What is FastTrack Program?
Open to all existing Security Bank or New-to-Bank Clients that are interested to get a card but who fail to meet the credit requirements (e.g. less than 6 months account tenure, non-depositors, first time card holders, included in high risk occupations and with low gross annual income).
How can I apply for Fast Track Program?
You may apply by visiting any Security Bank branch. Open a Savings Account and get faster processing of your credit card application.
How much is the minimum deposit amount?
Minimum deposit amount for savings account is PHP25,000 and PHP100,000 for Time Deposit.
What credit limit will I get?
The credit card limit will be 80% of the total holdout amount.
How to apply for the Fast Track Secured Credit Card?
To apply for this credit card you can go to the nearest Security Bank branch to you in order to open a Savings or Time Deposit account. After that, simply apply for a Credit Card without the need for proof of income and submit your application! It’s that easy!