(If you want a quick guide for beginners how to start investing in the Philippine stock market, you can download your free ebook here.)
2020 Tips – How to get Pag-IBIG Loyalty Card Plus in 15 minutes
In line with the goal of Pag-IBIG in streamlining its offering of services, it has started issuing its new Pag-IBIG Loyalty Card Plus to all its members.
What is Pag-IBIG Loyalty Card Plus and its benefits
This Pag-IBIG Loyalty Card Pus serves three main purposes.
First, it’s your official Pag-IBIG ID, bearing your name, photo and Pag-IBIG Membership ID (MID) number. This is enough ID card you can use in all your transactions with Pag-IBIG.
Second, it acts as your disbursement/cash card through will all proceeds from Pag-IBIG, such as loans and dividends from its savings program, will go. That means it will be easier for members to receive these funds and withdraw in all bancnet-affiliated ATM’s. These cash cards are released by two banks currently (Feb 2020): AUB and Unionbank. More on this later.
Third, as with the old Pag-IBIG Loyalty card which does not a bank chip in it, it remains to be a reward and discount card. Pag-IBIG has partnered with several establishments, stores, schools, hospitals and more in providing discounts to their products and services to all Pag-IBIG members.
Pag-IBIG Loyalty Card Plus and Online Virtual Pag-IBIG
Another nice thing about Pag-IBIG Loyalty Card Plus is you can use this card to create your account in Virtual Pag-IBIG online website where you can see your Pag-IBIG membership details, contributions, loans and other news and updates related to your membership.
You can even link your new cash card to your Virtual Pag-IBIG account to see all your card’s transactions and available balance in your Pag-IBIG online account. (It’s similar to having access to an online banking account.)
What are the Requirements for Pag-IBIG Loyalty Card Plus
There are two main requirements when availing this card:
- You need to be an active Pag-IBIG member. That is, you should have your MID Number. If you don’t have this yet, then do the register to Pag-IBIG first.
- You should have an updated contribution to Pag-IBIG. That means you should have at least a one-month contribution in the last six months prior to the date of your application.
- You should be in the Philippines since it there has to be physical appearance as it’s necessary that they get your photo and biometrics.
- Lastly, prepare Php 125 as card fee and bring two valid ID’s, preferable government-issued ID’s.
Once you have the above requirements, simply go to the nearest Pag-IBIG branch and apply for your new ID.
How to get your Pag-IBIG Loyalty Card Plus
There are five simple steps that will happen during your application.
You will be assisted by a bank personnel here.
- Verify your membership ID with Pag-IBIG personnel.
- Fill-out Application form.
- Have your picture taken and your fingerprints scanned.
- Validate the information you provided to be shown on the monitor.
- Get your new card together with the PIN Mailer.
Where can I use my Pag-IBIG Loyalty Card Plus
Your new Pag-IBIG Loyalty Card plus are issued by either of two banks – Asia United Bank (AUB) or Unionbank. Important: Make sure you get the card together with the PIN Mailer envelope. The PIN mailer contains the temporary PIN you will use to activate the cash card functionality of your Pag-IBIG Loyalty Card plus. At this point, you will also receive an SMS/text message giving you your Account Number corresponding to your new card.
Make sure to activate first your Pag-IBIG Loyalty Card Plus in an ATM of your card issuer (AUB or Unionbank) before doing withdrawal. Once your card is activated, you can then make withdrawals from any Bancnet-affiliated ATM’s. Most if not all huge banks’ ATM’s are OK with bancnet. There’s also no maintaining balance needed for your new cash card.
As a rewards and discount card, you can check the full list of merchants Pag-IBIG has partnered with in their website.
How long can you get your Pag-IBIG Loyalty Card Plus
When I applied for my Pag-IBIG Loyalty Card Plus, I was able to complete the entire application process in 15 minutes.
This excludes the idle time I had waiting for my turn, so it would be good to come early to the Pag-IBIG branch and avoid waiting in long queues. (Bring a book to entertain yourself or watch videos in my channel 🙂 ).
Monitor your Loyalty Card Plus using Hello Pag-IBIG Mobile app
If your card is issued by AUB, you can also download the Hello Pag-IBIG mobile app powered by AUB, create your account and get access to monitoring and managing the cash card functionality of your loyalty card online.
With the Hello Pag-IBIG app, you can also unlock other features of your loyalty card plus such as bill payments, transfer funds, buy load, and send money just like those offered by online banking and digital wallet apps (GCash, Paymaya). Check this video – Online Virtual Pag-IBIG and Hello, Pag-IBIG Mobile app, for more details.
Finally, you can also watch this video for more details about Pag-IBIG Loyalty Card Plus.
Got questions about Pag-IBIG Loyalty Card Plus?
Have you got your card yet?
Share your experience and questoins in the comments below.
Do you want to receive STOCK PICKS and other lessons on money management & business ideas?Check out Truly Rich Club and receive 14 incredible gifts for FREE, including the opportunity to earn passive income every month!
Click here to learn more.