For many overseas Filipino workers (OFWs) and seafarers, a credit card is more than just a convenience. It can also serve as a reliable way to manage their finances and support their families back home. From covering urgent bills to shopping online or booking flights, a credit card can have multiple uses and offer the user utmost flexibility and ease with their finances. It can even provide additional perks like rewards, cashback, and access to digital services that make everyday transactions smoother.
That said, applying for a credit card isn’t always straightforward for OFWs and seafarers. Traditional requirements such as proof of local income, stable employment records, or physical presence can pose challenges, especially when applicants are based abroad for extended periods. The good news is that an overseas applicant can now submit a credit card online application for a card like the Landers Cashback Everywhere Credit Card by Maya instead, making the process easier and eliminating the need to return home just to apply.
If you’re an OFW or seafarer planning to apply for a credit card, here are some helpful tips to ensure the online application process goes as smoothly as possible:
1) Prepare All Required Documents in Advance
Before you begin your online credit card application, it’s important to gather all the necessary documents and have them ready in digital format. These typically include a valid government-issued ID such as your passport, proof of income like pay slips or employment contracts, and a billing statement if available. Seafarers might also need to submit additional documents, such as a copy of their Seaman’s Book or papers from their manning agency.
Having these documents prepared ahead of time will help you complete the application more efficiently. It also reduces the risk of delays caused by missing or unclear files. When banks receive a complete and well-organized application, they’ll be able to process it more quickly, thus increasing your chances of approval.
2) Choose a Provider with a Simple and OFW-Friendly Application Process
Not all banks have the same application requirements or processes, especially when it comes to overseas applicants. It’s best to choose a bank that offers a fully online application process to save time and avoid unnecessary hassle. Even better, consider online or digital banks that require fewer documents, as their flexibility can make the application process more seamless than traditional banks.
Conversely, steer clear of banks that require you to visit a branch in person or submit documents that are hard to obtain while you’re abroad. A provider that understands the unique circumstances of OFWs from the start will help make the process more efficient and better suited to your needs.
3) Maintain a Good Remittance and Credit Record
Banks look for a stable and responsible financial history when evaluating credit card applications. Regularly sending remittances through formal banking channels, especially with the bank you’re applying to, can work in your favor. It reflects a consistent income stream and shows that you manage your finances responsibly, even while working overseas.
If you already have a savings or remittance account with the bank, keep it active and maintain a healthy balance. Doing so builds trust and credibility with the bank, which can significantly improve your chances of getting approved.
4) Use a Reliable Philippine Address
Even if you apply for your credit card online, the physical card will typically be delivered to an address in the Philippines. That’s why it’s important to provide a reliable local address where someone you trust can securely receive the card on your behalf.
Make sure this person can notify you as soon as the card arrives and is able to keep it safe until you’re ready to use it. This step is crucial because if the card is lost or delivered to an unattended address, it can lead to delays, security issues, or the need to request a replacement.
5) Opt for a Credit Card with a Digital Version or Mobile App Access
Some banks now offer digital credit cards that are accessible through their mobile apps. This means that while the physical card is still on its way to your Philippine address, you can already use the card details for online transactions or bookings. This is especially helpful for OFWs and seafarers who may not be able to return home right away or need to make urgent purchases.
Having access to a digital version of your card also offers greater convenience and control. You can track your spending, receive instant notifications, and even temporarily lock or unlock your card if needed. When choosing a credit card, it’s worth checking whether the bank provides these digital tools to help make your financial management easier.
6) Watch Out for Fees and Foreign Transaction Charges
Using a credit card internationally often comes with extra fees, such as foreign transaction fees or currency conversion charges. These costs can quickly add up if you’re making frequent overseas purchases or withdrawing cash abroad. That’s why it’s important to review the card’s fees carefully before applying.
Look for credit cards that offer low or zero foreign transaction fees, and consider those that include extra perks like travel insurance, reward points, or waived annual fees. Understanding these charges and benefits ahead of time helps you avoid unexpected costs and ensures you get the best value from your credit card.
A credit card can be a valuable tool for supporting your family and managing your finances, no matter where you are in the world. Although applying for a credit card as an OFW or seafarer may seem like a hassle at first, it doesn’t have to be that complicated. Follow the tips above to approach the application process with confidence and secure a card that fits your needs and lifestyle.
