“The BSP’s decision to maintain the current ceilings on credit card transactions strikes a balance between providing consumers with access to credit card financing at steady rates and ensuring ...

The caps on credit card transactions were imposed by the BSP as a temporary relief measure to ease the financial burden of consumers from the COVID-19 pandemic and promote affordable access to credit.

“The BSP’s decision to maintain the current ceilings on credit card transactions strikes a balance between providing consumers with access to credit card financing at steady rates and ensuring ...

“The BSP’s decision to maintain the current ceilings on credit card transactions strikes a balance between providing consumers with access to credit card financing at steady rates and ensuring ...

The Bangko Sentral ng Pilipinas (BSP) has retained the prevailing 3% interest rate ceiling on credit card transactions in a bid to balance consumers’ need for credit access and ensuring viability of ...

“The BSP’s decision to maintain the current ceilings on credit card transactions strikes a balance between providing consumers with access to credit card financing at steady rates and ensuring ...

"The BSP's decision to maintain the current ceilings on credit card transactions strikes a balance between providing consumers with access to credit card financing at steady rates and ensuring the ...

enable responsible access to credit information, and uphold rights of financial consumers,” Medalla said. “The ceilings on credit card transactions will remain in effect unless revised by the BSP. The ...

The BSP's decision to maintain the current ceilings on credit card transactions strikes a balance between providing consumers with access to credit card financing at steady rates and ensuring ...