My Husband received a BDO VIRTUAL CARD today. I really have no idea what this card is all about. The courier said that it is a credit card. So I researched this over the net and found this on the BDO Website under the Credit Cards Section
BDO Virtual Card
Ready to shop ONLINE!
 Now, online shopping is just a click away with the BDO Virtual Card – with added benefits suited to your online purchasing needs. |
FREQUENTLY ASKED QUESTIONS
What is BDO Virtual Card?
BDO Virtual Card is a virtual credit line for use in virtual environments like the Internet. You’re given a credit line that’s part of your BDO credit card credit limit. You’re also assigned a different card number to protect your regular card number and credit line.
BDO Virtual Card is a virtual credit line for use in virtual environments like the Internet. You’re given a credit line that’s part of your BDO credit card credit limit. You’re also assigned a different card number to protect your regular card number and credit line.
How does the use of BDO Virtual Card protect me?
Your BDO Virtual Card has a different card number from your regular credit card number so you don’t use your existing credit card data in the Internet preventing data interception or misuse. You also have a smaller credit line. This limits your exposure as the full regular credit line will not be compromised.
Your BDO Virtual Card has a different card number from your regular credit card number so you don’t use your existing credit card data in the Internet preventing data interception or misuse. You also have a smaller credit line. This limits your exposure as the full regular credit line will not be compromised.
What is my BDO Virtual Card credit limit and how does it work?
Your BDO Virtual Card’s credit limit is only a sub-limit of your BDO credit card account. This virtual credit line is the maximum amount that you can use for your internet transactions. Each time you use your virtual credit line, you also reduce your BDO credit card’s available regular credit limit. Being only a sub-limit of your regular credit limit, your line availability for internet use depends on your available regular credit limit. If your regular credit limit has been maxed out, you can no longer use your virtual credit line until your available regular credit limit frees up.
Your virtual credit line is the same every month even if the internet transactions in the previous months are not paid in full, for as long as your regular credit card has an available credit limit.
It is initially pre-assigned but you have the option to have it reduced or increased according to your online purchasing needs. Simply call the BDO Customer Contact Center at 631-8000 to request for an increase/decrease in your virtual credit line.
Your BDO Virtual Card’s credit limit is only a sub-limit of your BDO credit card account. This virtual credit line is the maximum amount that you can use for your internet transactions. Each time you use your virtual credit line, you also reduce your BDO credit card’s available regular credit limit. Being only a sub-limit of your regular credit limit, your line availability for internet use depends on your available regular credit limit. If your regular credit limit has been maxed out, you can no longer use your virtual credit line until your available regular credit limit frees up.
Your virtual credit line is the same every month even if the internet transactions in the previous months are not paid in full, for as long as your regular credit card has an available credit limit.
It is initially pre-assigned but you have the option to have it reduced or increased according to your online purchasing needs. Simply call the BDO Customer Contact Center at 631-8000 to request for an increase/decrease in your virtual credit line.
Will I be given a card for my account?
You will be given a reference card. This will help you remember your virtual card number as you transact online. Your BDO Virtual Card is only a reference card and may not be used to make purchases in regular stores where a credit card plastic is required to be presented for payment.
The BDO Virtual Card may not be used for “Dual Mode” transactions meaning transactions where items purchased over the internet that subsequently require presentment of a physical credit card bearing the same account number as the virtual card used to make the online purchase.
You will be given a reference card. This will help you remember your virtual card number as you transact online. Your BDO Virtual Card is only a reference card and may not be used to make purchases in regular stores where a credit card plastic is required to be presented for payment.
The BDO Virtual Card may not be used for “Dual Mode” transactions meaning transactions where items purchased over the internet that subsequently require presentment of a physical credit card bearing the same account number as the virtual card used to make the online purchase.
How much is the annual fee for the BDO Virtual Card?
Your BDO Virtual Card is FREE with your regular BDO MasterCard credit card. So long as you keep your BDO credit card active and in good standing, your BDO Virtual Card remains active as well.
Your BDO Virtual Card is FREE with your regular BDO MasterCard credit card. So long as you keep your BDO credit card active and in good standing, your BDO Virtual Card remains active as well.
Will I earn loyalty points for my transactions with my BDO Virtual Card?
Yes, you will continue to earn loyalty points in the same spend-to-point value as your regular BDO MasterCard credit card.
Yes, you will continue to earn loyalty points in the same spend-to-point value as your regular BDO MasterCard credit card.
How will I be billed for my BDO Virtual Card transactions?
Your BDO Virtual Card transactions will be reflected in your regular monthly billing statement. All your transactions will be billed in Philippine Pesos. However, If your regular BDO credit card a Dual Currency card, you will receive separate billing statements for your local and international transactions. All your transactions in currencies other than Philippine Peso will be billed in US Dollars and will be reflected in your Dollar Monthly Billing Statement. This is separate from your transactions in the local currency billed in Philippine Peso and reflected in your Peso Monthly Billing Statement. Your Dollar Monthly Billing Statement will have the same statement cut-off as your Peso Monthly Billing Statement.
Your BDO Virtual Card transactions will be reflected in your regular monthly billing statement. All your transactions will be billed in Philippine Pesos. However, If your regular BDO credit card a Dual Currency card, you will receive separate billing statements for your local and international transactions. All your transactions in currencies other than Philippine Peso will be billed in US Dollars and will be reflected in your Dollar Monthly Billing Statement. This is separate from your transactions in the local currency billed in Philippine Peso and reflected in your Peso Monthly Billing Statement. Your Dollar Monthly Billing Statement will have the same statement cut-off as your Peso Monthly Billing Statement.
What will I do if my BDO Virtual Card reference card gets lost or stolen?
Simply call the BDO Customer Contact Center at 631-8000 so your virtual card account may be blocked immediately. You will be given a new virtual card account number and reference card.
Simply call the BDO Customer Contact Center at 631-8000 so your virtual card account may be blocked immediately. You will be given a new virtual card account number and reference card.
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