Credit card holders will continue to pay only two percent monthly finance charges on their unpaid outstanding credit card balance, according to the Bangko Sentral ng Pilipinas (BSP). The BSP announced Friday, Nov. 26, that the two percent ceiling per month or 24 percent per year limit on credit card ...

Source: Manila Bulletin (https://mb.com.ph/2021/11/26/bsp-keeps-2-monthly-cap-on-credit-card-rates/?utm_source=rss&utm_medium=rss&utm_campaign=bsp-keeps-2-monthly-cap-on-credit-card-rates)