PH22 Debit and Credit Cards — Limits, Fees & Settlement
Debit and Credit Cards is a Philippine payment rail — regulation: Republic Act No. 10870, Circular No. 1003 and the Manual of Regulations for Banks, all administered by Bangko Sentral ng Pilipinas.
Key facts and contents
- Operator
- BancNet handles domestic debit, while the Visa and Mastercard international schemes cover the rest. Individual BSP-supervised banks issue the cards, and the networks do not
- Regulator
- Republic Act No. 10870, Circular No. 1003 and the Manual of Regulations for Banks, all administered by Bangko Sentral ng Pilipinas
- Wallet limit
- Not published
- Per-transaction cap
- Not published
- Settlement
- Not published
- Figures as of
- 2026-09
The payment rail Debit and Credit Cards is what this page deals with. The final section says why nothing about any single operator’s cashier appears here, and the omission is deliberate.
Debit and Credit Cards at a glance
| Field | Value |
|---|---|
| Operated by | BancNet handles domestic debit, while the Visa and Mastercard international schemes cover the rest. Individual BSP-supervised banks issue the cards, and the networks do not |
| Regulated by | Bangko Sentral ng Pilipinas |
| Wallet limit | Not applicable to this rail |
| Per-transaction cap | Not applicable to this rail |
| Settlement | Not applicable to this rail |
| Published fees | Interest and finance charges on revolving credit card balances are limited to 36 per cent a year, or 3 per cent a month, by BSP Circular No. 1165 of 2023, which replaced the 24 per cent cap set in 2020. A flat PHP 200 per transaction is the ceiling the same circular sets on the processing fee for a cash advance, with no further fee permitted. No BSP cap applies to merchant discount and interchange rates, which are commercially negotiated between acquirer and merchant, and since the percentages often quoted lack a primary source they are left out here. |
Data on this page is point-in-time, taken 2026-09. The only current source for a payment provider’s limits and fees is its own page, since they are revised without notice.
What Debit and Credit Cards states regarding gambling transactions
On gambling transactions, no Philippine-specific position from BSP, Visa or Mastercard turned up to cite. Many issuing banks are described as declining by default the restricted merchant category code 7995, under which gambling merchants sit industry-wide and which requires explicit acquirer approval. Because the description originates in general payments explainers and not in a Philippine statement by the networks or the regulator, it stands here only as an explanation for why a card payment to a gambling merchant may be declined with no published rule to cite, and not as a sourced fact about Philippine cards.
Paying with Debit and Credit Cards at PH22
- Sign in at PH22 and open the cashier.
- Look through the payment methods your account’s cashier offers and pick Debit and Credit Cards.
- Make sure the name on your PH22 account matches the name on your Debit and Credit Cards account.
- Before you confirm the amount, read the cashier screen for the minimum, maximum and any fee.
Read the cashier screen before every first deposit using a new method, as your live account limits are shown on it.
FAQ
Who regulates Debit and Credit Cards?
Debit and Credit Cards — regulation: Republic Act No. 10870, Circular No. 1003 and the Manual of Regulations for Banks, all administered by Bangko Sentral ng Pilipinas. That covers the rail, not the casino.
How long should Debit and Credit Cards be expected to take?
Debit and Credit Cards puts out no settlement time.
How do I pay with Debit and Credit Cards at PH22?
Once logged in, open the cashier, then select Debit and Credit Cards from whichever methods it shows for your account. Both accounts need the same name on them, and the limits shown by the cashier should be checked before you confirm.
Does Debit and Credit Cards charge fees?
Published fees: Interest and finance charges on revolving credit card balances are limited to 36 per cent a year, or 3 per cent a month, by BSP Circular No. 1165 of 2023, which replaced the 24 per cent cap set in 2020. A flat PHP 200 per transaction is the ceiling the same circular sets on the processing fee for a cash advance, with no further fee permitted. No BSP cap applies to merchant discount and interchange rates, which are commercially negotiated between acquirer and merchant, and since the percentages often quoted lack a primary source they are left out here.. Providers revise these without notice.