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Free Coffee and Donuts on BetterBanking Day!

free coffee donuts betterbanking day branches

BetterBanking is more fun with a full stomach, and at Security Bank we’re commited to fulfilling our promise. Indulge your sweet tooth with our BetterBanking Day events starting July 10, 2017!

Just present your Drive-to-Branch coupon or register at the branch to claim your free treats! Come visit us at any of the branches below:

Schedule of Events
Date Branch Address
July 20, 2017 (Thursday) Bacolod Lacson branch

SBC Bldg., corner Rizal Avenue and Locsin Sts., Bacolod City
Koronadal Branch No. 601, General Santos Drive, Koronadal City, So. Cotabato
July 21, 2017 (Friday) Roxas City Branch Lawaan Highway corner Sacred Heart of Jesus Street, Pueblo de Panay, Lawaan, Roxas City
Davao Toril Branch Saavedra St., Toril, Davao City
Davao Digos Branch Cor. Vicente Sotto St., National Highway, Zone 1, Digos City
Dipolog Branch 71 Quezon Avenue, Dipolog City, Zamboanga Del Norte
July 28, 2017 (Friday) Sampaloc Branch 1700 G. Tuazon St. cor M. Dela Fuente St., Sampaloc, Manila
Taft-Vito Cruz Branch Unit 3, G/F, 2 Torre Lorenzo Condominium Building, 2444 Taft Avenue, Malate, Manila
Sta. Maria Bulacan Branch F. Halili Ave., Brgy. Bagbaguin, Sta. Maria, Bulacan
Baliwag 317 B.S. Aquino Avenue, Baliwag, Bulacan
Meycauayan Meycauayan College Building, Calvario, Meycauayan, Bulacan
Plaridel G/F Plaza Plaridel Building, No. 263 Padilla Road, Banga 1st, Plaridel Bulacan
Buendia-Dian Omron Building, # 40 Buendia Ave., Brgy. San Isidro, Makati City
Makati Ave. – Constellation Makati Avenue corner Constellation St., Brgy. Bel Air, Makati City
Pasong Tamo – La Paz G/F Jade Residencses II, 1120 Don Chino Roces Ave., Makati City
Reposo JP Rizal G/F, Kalimera Building, Nicanor Garcia Street near corner J.P. Rizal Avenue, Makati City
Zuellig Unit 2, Ground Floor, Zuellig Building, Makati Ave. corner Paseo De Roxas, Makati City
Dagupan MH Del Pilar, Dagupan City
La Union Ground Floor, Kenny Plaza, Quezon Avenue, San Fernando City, La Union
Urdaneta Ground Floor, S & P North Building, National Highway, Brgy. Nancayasan, Urdaneta City, Pangasinan
Alicia, Isabela National Highway (Maharlika Highway), Poblacion, Alicia, Isabela
Cauayan, Isabela #076 Maharlika Highway, Cauayan City, Isabela
Laoag GF AMWSLAI Bldg,, Gen. Segundo Ave., Laoag City
Calapan GF H&M Center Bldg. J.P. Rizal St., Brgy. Camilmil, Calapan City, Oriental Mindoro
Legazpi Lot 34-36 Block 7, Landco Business Park, Bitano, Legazpi City
Lucena Doña Cristina Bldg., corner Tagarao & Merchan Sts., Lucena City
Naga LAM Bldg. Peñafrancia Ave. Zone 4 San Francisco, Naga City
Naga Diversion Road M. Roxas Avenue (Diversion Road), Naga City, Camarines Sur
Solano (Nueva Vizcaya) Benigno Aquino Avenue, Poblacion South, Solano, Nueva Vizcaya
Davao Tagum GF, Uy Ching Siong Commercial  Building Commercial Bldg., Pioneer corner Quezon Street, Tagum City
Ormoc City G/F Niko’s Ark Bldg. Real Street, Poblacion, Ormoc City, Leyte
San Francisco, AGS Quezon St., Brgy. Dos, San Francisco, Agusan del Sur
Tacurong Cotabato-Sarangani (National Highway), Tacurong City, Sultan Kudarat

With more branches to come! One client is entitled to one coffee + donut. For a full list of available Security Bank branches, you can visit our new Branch and ATM locator here.

See you there!

branch atm map free coffee donuts betterbanking day branches

6 Articles that Will Change the Way You Look at Saving

blog compilation 6 articles that will change the way you look at saving

Saving money–a phrase that oh so often elicits mixed reactions from those who read and say it. Some rejoice at the thought of their well-managed funds, while some cringe at the idea of putting away their hard-earned money for an indefinite period of time. Worse, some may run for the exits at the mere thought of inhibiting from spending. Whichever side you may be on this spectrum, the topic of proper saving is an important one to tackle.

We’ve compiled a list of articles that breaks down saving in different angles and forms. Whether you’re in it for new insight, tips and tricks, or just for a constant reminder that saving is the practical–and logical–choice, you’ve come to the right place.

  1. 7 Habits that are Costing You (and How Much You can Potentially Save) – We all have little rituals – everyday habits that complete our day. The smell of fresh newspaper as you browse through the news in the morning, or your daily piping hot Caffé Americano with a bagel. Money spent on these small habits could seem trivial by the day, but add them up to a year and the results might astound you. Check out the article and see how you can save up to P100,000 effortlessly.
  2. 4 Signs That You’re Saving Money Wrong (And How You Can Fix It) – Finally took the leap and started saving? Nice! It’s a huge step to take, but what if you’re not actually doing it the right way? There are habits under the guise of saving but end up costing you in the long run. Read the article to find out more about these habits and how you can fix them.
  3. “Why Is It so Hard for Me to Save?” – You want to start saving – and you eventually did – but every time you feel like you’re finally gaining ground, the resolve crumbles and all that’s left is the feeling of remorse. “Is it really this hard?” you ask. The answer lies in how you currently handle your money. Reflect on the phrases you’ll find inside the article to see if you have to look at saving in a different light.
  4. 5 Worst Money Mistakes That Millennials Make – Socially-conscious, tech-savvy, and bad at handling finances? Combined with impulsiveness and a now-or-never attitude, millennials are often given a bad rap when it comes to handling money. See if you can spot the following money mistakes and know how to turn them around.
  5. How to Protect Your Savings (Even from Yourself) – More often than not, a sudden itch to spend can easily deplete your money if not enough measures are taken to ensure its safety. The biggest threat of all? You. Read on to find out how you can safeguard your savings even better so you can finally leave the piggy banks and secret drawers behind.
  6. “What Should I Do with My Bonus?” – It’s that time of the year again. A joyous occasion where everyone is peachy and the world around you takes this rose-colored hue – bonus month. By then, we’d all be daydreaming about the gadgets we’ve been itching to buy, the tickets waiting to be booked, or that shiny new shoe begging to be brought home. Setting aside all these things, here are smarter ways to handle your bonus that won’t leave you feeling deprived.
  7. Budget vs Bonding: 4 Tips in Hanging out with Expensive Friends – Ever turned down a trip or a night out just because you’re trying to save money? We’ve all been that person at some point. Not everyone can keep up with every whim of an expense or the swipe of a card, so here’s how you can be practical without losing your friends in the process (after all those made-up excuses and bailing on them so many times).

Every big achievement starts out small, just like how building wealth comes from a childhood habit of filling up those colorful coin banks. Stay informed, be patient, resolved, and stay committed to your saving goals – you’ll thank yourself that you did.

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Father’s Day Gift Guide 2017

Come June 18, we join the world in celebrating the essence of fatherhood. We salute our dads who work tirelessly–the ones who taught us how to walk, how to ride our first bikes, and how to be a responsible adult. Though they may be men of few words, their actions speak volumes, and it’s only right that we recognize their efforts.

Read more: Everthing I learned about investing, I learned from the movies

To help you plan the perfect father’s day this 2017, here’s our handy gift guide for every dad.

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7 Reasons You Got Rejected for a Housing Loan

7 reasons you got rejected for a housing loan

Owning your dream house today is not as challenging as before due to the different affordable payment terms and early move-in promos. Banks also offer flexible housing loan options to ease home financing, and it’s probably one of the most practical ways to raise money for a house. However, not all applicants are fortunate to have their home loans approved.

Read More: Crucial Questions to Ask Your Home Loan Officer

If you do get rejected for your loan, don’t lose hope and more importantly, don’t get mad. First, you need to understand why you got rejected in the first place. We’ve listed down reasons for that denied stamp so you could follow up on what’s missing, make necessary changes, or simply be informed of the things you might be doing unconsciously that are damaging your chances for a home loan.

Poor credit history

Your credit history counts. When applying for a housing loan, the bank will review your previous credit card applications and records to check whether you are mired in debt or if you default on your payments. Such cases may cause hesitation on the side of the bank to approve your application as they imply incapacity to pay for the loan.

You are repaying an existing loan

If you are currently enrolled in other loans, your chances of securing a housing loan may not be as high. Banks consider your real income and ongoing repayments like car or personal loans to evaluate your capability to pay. Depending on your income having multiple ongoing loans could be a challenge to maintain. It is simply a precaution on both parties, so it might be best to settle your previous loans before planning to apply for a new one.

fantastic elastic home loan

You don’t have a stable job

Your employment and income stability are determining factors for your capability to pay off the housing loan. Hence, an unstable job or a bad employment history may hint at your inability to settle your loan in time or as stated in the contract. Keep in mind that banks usually like to look for applicants with a steady income stream to ensure that there is capacity to pay.

You are nearing your retirement age

Often, age matters when applying for a housing loan. Those approaching or already in their retirement age might have a harder time maintaining their repayment capacity. After all, work–or other streams of income–is necessary to be able to pay the loan. Unless someone younger is willing to apply for you, your housing loan application may not be an easy journey.

Your application in the past was turned down

There are reasons to look into if your application was previously rejected by another bank. As sad as it sounds, having been denied for a loan previously means that you could not comply with their standards before, so the burden of justifying why you can finally take on this responsibility falls on your shoulders.

There has been a signature mismatch

Signatures are important in any bank transaction–let alone for loans–to prevent identity mix-ups and scams. Be sure to have consistent signatures throughout the process and across documents. Practice your signature if needed! If at some point the lender spots any dramatic change in your signature, you may need to secure an affidavit and other proofs of identity. Know that this is done purely for security purposes, and again, it’s for you and the bank’s benefit.

You are a loan guarantor for a relative

Being a loan guarantor makes you legally responsible to compensate the loan in case the applicant fails to pay off. This burden of repayment may decrease your chances of getting approved. Informally speaking, borrowing or dealing in finances with your relatives could be a sensitive topic as well, making payments erratic or unpredictable.

Final Thoughts

Do any of the above scenarios apply to you? If yes, then you’re one step closer in finally getting approved for your home loan.

Read More: 8 Simple Tips to Get Approved for a Home Loan

If you’re looking for a housing loan with friendly payment terms, you can check out Security Bank’s financing options. They have flexible payment terms: you can pay more when you have extra cash and pay less if the budget’s a little too tight. You can also get approved in as fast as 5 days.

home loan application

5 Grocery Store Items You Should Always Buy

grocery store items you should always buy or never run out of

During our trips to the grocery store, we make it a point to list down the things we need to buy to make our run more efficient and within budget. We have pantry essentials like canned goods, dry pasta, snacks and the like; bathroom staples like shampoo and soap; and household supplies such as detergents and sponges. These items never fail to show up on our lists.

Read more: 6 Useful Budgeting Tips for Super Moms

The following items we’ve listed here are also commonly-bought, but nevertheless important to reiterate. Aside from the countless uses we get out of them, we’ll highlight some ways in which you might not have used them before. After all, getting the best bang for your buck is what saving is all about.

Vinegar

Go to any Filipino kitchen and you’ll surely find a bottle of vinegar. A key ingredient in classic dishes such as adobo and paksiw, and used as a delicious “sawsawan” (dipping sauce), this versatile seasoning commonly used in food preparation is also a wonderful all-around cleaner.

Aside from the regular white vinegar, apple cider vinegar is a popular health food known for its amazing properties. Gargle equal parts apple cider and warm water to stop an impending sore throat, or just use it to keep bad breath at bay.

Pro-tip: To remove stubborn odors from your food containers, just swipe a cloth dampened with vinegar.

Eggs

Eggs can be cooked in a variety of ways (scrambled, boiled, you name it), and is used in a lot of recipes ranging from savory to sweet. They are also great binders and extenders, imparting a rich but unobtrusive taste to your dishes. It is in this flexibility that eggs should never be gone from your pantry. Just whip up some omelets topped over rice and you have a good meal in 2 minutes.

Kept in a fridge, raw eggs can last up to a month. Cartons here in the Philippines are usually sold by the dozen, so portion according to your consumption. If nearing the expiry date, hard-boil your eggs to extend their life for a week.

Pro-tip: Egg shells are rich in calcium and magnesium. After hard-boiling eggs, let the water cool and use the nutrient-rich water for your plants.

Rice

We are a nation that loves rice. As a matter of fact, we love it so much that a meal doesn’t seem right without a cup or two (or three). Done in about 20 minutes and ready to accompany your favorite viands, rice is also relatively cheap for being so filling. Transform your rice into paella or risotto for your entrée, or make a delicious rice pudding for dessert.

Pro-tip: Dropped your phone in water? Remove the batteries and your sim card, dry with a towel, and bury the unit in a bowl of rice for 24 hours.

Ground Meat

Easily the most adaptable form of meat, ground chicken, pork, or beef can be shaped and cooked in a variety of ways – tacos, meatballs, and lumpia just to name a few. It melds greatly with other staple pantry items, so you’re assured that you can make something fast and tasty. What’s great about ground meat is that it keeps well in the freezer, so just thaw a pack out when you need it.

Pro-tip: Pressed for a quick meal? Just sprinkle some salt and pepper on ground beef, shape into patties, and you have the makings of a great burger night.

Baking Soda

One of the most underrated item in our kitchens, baking soda has a plethora of uses usually overlooked by the general public. Aside from being a rising agent in cookies and breads, it is also a powerful household cleaner, beauty product, deodorizer, and toy (yes, you can make modeling clay from baking soda and food color). For something so cheap and useful, this grocery item should never leave your shopping lists.

Pro-tip: Say goodbye to clogged drains with baking soda and vinegar! Just pour some hot water on the drain, then put a half cup of baking soda first followed by a cup of vinegar. Let it work its way towards the drain for a few minutes, and follow up with another round of hot water for good measure.

Job Hunting 101: What You Should Never Put on a Resume

phrases in your resume that makes hiring managers cringe

A good resume is key in landing your dream job. They’re so important that hiring managers would often sort applicants just by the first few lines of their resume. While there are a ton of templates and generators available online, the art of writing a compelling resume is more than just word-stuffing a piece of paper. In fact sometimes, it’s more about what you don’t include in your resume.

Read more: Job-hunting Tips for Fresh Graduates

One of the biggest mistakes fresh graduates make is padding their resume with unnecessary details. Remember, it’s not about the length of the resume; it’s about substance. Having a cluttered resume would not increase your chances of getting hired no matter how many applications you send out. To help you write that coherent yet effective resume, here are the most common words and phrases that you should avoid:

Buzzwords

I mean c’mon, if you can’t make a presentation using Powerpoint or a document using Word, then you should probably go back to college for a few semesters. Instead of including these blatantly obvious skills, try focusing on more specific–more niche–ones like Python, Stata, Adobe Software, Rich media platforms, etc. Of course, add skills that are relevant to the position you’re applying for.

On that note, please, please do not include skills you really aren’t that familiar with. Lying your way in may land you a job but it will definitely not help you with the actual work. You’ll only be setting yourself up for bigger failure in the future.

Too much information

A huge ‘about me’ section is not necessary for a resume to stand out. You can reserve that information for interviews. Keep in mind that an interviewer would like to know more about you in person rather than just reading it on paper. That also means that being concise is key, that is, keeping your resume within a respectable length–usually just 1-2 pages. Hiring managers don’t have the time to read a huge wall of text. Zero in on important information that will help you land the job.

Pro tip: You may want to remove your awards during high school–unless of course they’re groundbreaking enough to warrant space in your resume.

Annoying words

These words can make the most patient hiring managers cringe and trust me, it’s better to stick to more specific examples of your work ethic and skills rather than to resort to these:

  • Personal pronouns like I, me, my we, our, etc.
  • Problem solver
  • Honest
  • Innovative
  • Creative
  • People person
  • Hard worker
  • Responsible
  • Highly qualified
  • Results-driven
  • Exceptional communicator
  • Leadership

(Source: Businessinsider.com)

Most of these words are not only cringe-worthy but they’re also hard to substantiate. Don’t shoot yourself in the foot and just stay clear of these words. Better yet, include experiences that actually describe why you’re a problem solver, innovative, creative, etc.

Embarrassing Email Address

We’ve all been there. You created an email address back in highschool and you’ve been sticking with it since. John_theterminator, youandmeforever143, babyghurl, gigglybear–these are just some of the most embarrassing aliases you’ve probably used in your email line. Even if you’re just using a marginally embarrassing email address, consider making a new one for the sake of your job application. It only takes a few minutes!

Consider also doing a social media cleanse. You may want to change your profile picture to something more professional and hide any embarrassing hugot status in the meantime.

“Why Is It So Hard for Me to Save?”

why is it so hard for me to save

You have a job and a steady income, yet you find yourself staring at the bottom of the barrel, seemingly broke and crawling to pay day every 2 weeks. You ask yourself, “What am I doing wrong? Why is it so hard for me to save?” Every financial decision you make is based from your perspective on money, and sometimes that perspective can be naive or incomplete.

At times you may wonder how (and why) other people are capable of such discipline and restraint. You can be too. All it takes is a fresh take on money and how to handle it properly. See if the following phrases reflect the way you currently handle your money. If they do, then maybe it’s time to shake things up a little.

“I prioritize now over later”

Short term vs long term–this is the financial dilemma we all face sooner or later. When it comes to planning a budget, a huge chunk of your cash flow probably goes into your current–more short term–needs instead of long-term savings/investments. After all, units in an investment fund are less tangible than, let’s say, a new pair of shoes or a handbag. This can result to a cycle of impulsive spending that can haunt you paycheck to paycheck.

How to turn it around: Set up a routine to facilitate saving. For every paycheck, set aside a fixed proportion or amount for your savings account (a good way to start is a 70-30 spending to saving ratio). Yes, that means that you shouldn’t deprive yourself; overspending is bad but underspending can also be dangerous. Remember, there’s nothing scarier than a strong itch to spend and a fresh credit card.

Pro tip: We recommend automating your savings by scheduling a recurring fund transfer from your main account to your savings account.

“My expenses become relative to what I earn”

Getting an increase in salary means that you have more purchasing power than before. When this happens, you suddenly have enough cash to buy the things you want. Then it becomes worse: the more you earn, the more you spend, and the cycle continues.

How to turn it around: A bump in salary usually warrants an adjustment in your budget. If possible, allot your additional cash flow to meaningful expenses. These could be purchases that will pay off in the long run, additional units of investment, or advance payment for your bills. You should keep your spending-saving proportion the same as before the salary bump, or better yet, allot more to long-term financial instruments.

“I always use up my bonuses”

Whenever we get a financial windfall, we somehow find ways to use it up before it has even warmed up to our bank accounts. Whether it’s a bonus, a seasonal boost in profit to your business, or petty cash from a generous relative, extra cash could always go towards something more meaningful. Building an emergency fund, opening a time deposit account, or even investing in a UITF–these are just some of the most practical alternatives.

Read more: What Should I Do with My Bonus?

How to turn it around: Setting your whole bonus aside might be too painful, especially if you’ve been anticipating it in order to buy something. To keep your sanity, make sure to direct at least half of it to practical use then use the remainder to satisfy your spending urges.

“I forget how it feels like to be broke”

Let’s face it, whenever we get our salary, we feel like kings and queens. While that thinking isn’t necessarily bad, the attitude of going for broke every single paycheck is a sign of unhealthy financial attitude. The rush might feel good at first but the incoming onslaught of regret (and unpaid bills) should be enough of an incentive to stop this cycle.

How to turn it around: Aside from the aforementioned tips on portioning your salary, you should set clear, attainable savings goals. These goals could be short, medium, or long term. It’s also a good idea to set up timed reminders before or on the day of your pay. At worst, it helps you reevaluate the worthiness of your spend and at best, it could help you save up for bigger–more long term–goals.

“I easily give in to (peer) pressure”

Aside from the ever-present feeling of getting the latest and greatest, you might have a penchant for giving in to the wants of your lavish acquaintances. Owe it to the sense of community and belongingness, not saying no will eventually drain the life out of your wallet.

Read more: 4 Tips in Hanging Out with Expensive Friends

How to turn it around: When you’re faced with overwhelming peer pressure, ask yourself over and over “Can I really afford this?” or “Can I use this money better?” As with all purchases, think of the costs and benefits and factor in your overarching budget. If the quality and use of the product/service more than compensates its cost, then go for it.

The bottom line: Don’t look at saving as if it’s an insurmountable task; saving can be easy as long as you have the right mentality. The challenge lies in finding the balance between spending and saving. Just remember that no matter how big or small the amount is, the important thing is that you took the initiative to save, and that you are keeping with it until you reach your goal.

Credit Card vs Debit Card vs Prepaid Card: Which Should You Use?

when to use credit debit prepaid card

Electronic payment cards have redefined the way we spend. Aside from faster transactions made with just a swipe, the rewards and exclusive deals we get from them are now staples in any cashless transaction. Add that to the advent of online shopping, electronic payments are becoming the norm, if not the most practical way to spend.

Here in the Philippines, there are three main types of cards to choose from—credit, debit, and prepaid. Knowing which one’s the best for your needs and your lifestyle is key to getting the most out them. Here’s a simple breakdown:

Debit cards are the most straightforward of the three. Using a debit card to pay for a transaction simply deducts the money directly from your account after your purchase. On the other hand, credit cards essentially let you borrow money up to a certain amount (your credit limit) from the card issuer to complete your purchase. Credit cards also has the added benefit of installment payments, that is, spreading payments to months or even years, not to mention the bevy of deals and discounts to partner merchants. Lastly, prepaid cards are not linked to any bank account and need to be reloaded once the balance is used up.

Read more: The 5 Easiest Ways to Improve Your Credit Score

Here’s a more detailed look:

WHEN TO USE CREDIT, DEBIT, OR PREPAID
FEATURES CREDIT CARD DEBIT CARD PREPAID CARD
LIMIT Depends on your credit limit Depends on the amount you have in your savings account Reloadable
PAYMENT Allows you to ‘borrow’ money to be paid back at the end of the card’s billing cycle Pulls the cash instantly from your savings/checking account Deducts corresponding amount of prepaid credits from your prepaid balance/load
FEES AND PENALTIES Interest charged for unpaid balance and penalties for late payments No interest fees but might have overdraft fees No interest fees
WITHDRAWALS VIA ATM Can withdraw a portion of credit limit (charged with fee) Can withdraw from savings/checking account Most prepaid card cannot be used in an ATM
MAINTAINING BALANCE No maintaining balance Requires maintaining balance No maintaining balance
WHEN SHOULD YOU USE THEM?
SITUATION CREDIT DEBIT PREPAID
YOU’RE MAKING A SMALL PURCHASE FROM AN INDEPENDENT BUSINESS
YOU’RE SHOPPING ONLINE FROM MAJOR RETAILERS
YOU’RE BOOKING FLIGHTS, HOTELS, AND OTHER ACCOMMODATIONS
YOU WANT A RECORD OF YOUR PURCHASES
YOU’RE NOT DISCIPLINED IN PAYING BILLS ON TIME
YOU PLAN TO PAY IN INSTALLMENTS
YOU WANT TO LIMIT YOUR SPENDING
YOU WANT TO BUILD YOUR CREDIT SCORE FOR FUTURE BANK TRANSACTIONS
YOU WANT THE SECURITY OF GETTING YOUR MONEY BACK IF THE CARD IS LOST
YOU WANT REWARDS AND REBATES

Keep in mind that each card has its advantages and disadvantages. Regardless of which card you choose, make sure to review its terms and conditions. After all, you might be missing out on exlusive promos and rewards.

360 Fitness: Putting the Fun Back into Exercise

360 fitness club start your fitness journey now

We all have goals we want to achieve in our lifetime. Probably one of the most elusive goal of all is to have a healthy lifestyle and a body worth showing off on your trips to the beach. But more than having muscles and six-pack abs, being fit also has its health benefits. Put it this way, it does feel good to look good, but it feels even better when you know that you’re taking care of yourself.

Read more: How to Recover from a Bad Working Day

“How do I start my journey to fitness?” We might have the answer for you. 360 Fitness Club, a revolutionary fitness institution that pioneered commercial circuit training, does away with the rigidness of traditional gyms and workout machines and makes exercising fun and efficient. Still not sure if it’s the right workout regimen for you? We’re here to answer that question and more.

There’s a program for everyone

Whether you’re a newbie or a gym junkie, looking to lose some fat, or aiming for that toned body, 360 Fitness has programs developed for different fitness goals and backgrounds. Here’s a list of their programs:

360 CIRCUIT TRAINING – Perhaps the most well-known program from 360 Fitness, circuit training is a pre-designed workout that uses your whole body, combining cardiovascular and strength exercises throughout a whole rotation – hence the title “circuit”. This circular setup aims to promote camaraderie and a sense of community within the club members, so you’re assured of a fun, interactive session every time.

360 SIGNATURE CLASSES – These are programs aimed to help increase your metabolic rate to help maximize calories you can burn even at rest, build strength, power, and develop lean muscle mass. The classes come in different formats for different fitness levels, so you’ll surely find one suited for you.

  • The 360 Body Weight program is a combination of calisthenics, core, and bodyweight exercises ideal for beginners wanting to jump start their fitness journey, and best of all, it only takes 30 minutes!
  • The 360 HIIT (High-Intensity Interval Training) is a fast-paced interval workout that alternates high-intensity exercises with low-intensity exercises in repeating fashion. The variation in activity is proven to be highly-effective in improving cardiovascular function and metabolism. This program is ideal for all fitness levels.
  • The 360 Core is a 30-minute workout focused on your overall core development to help you get that enviable toned midsection. The class is open for all fitness levels.
  • The 360 Kallos is an advanced fitness program developed for athletic-level training. Be ready for calisthenics, gymnastics, core strength, flexibility exercises, and even headstands and planks.

There are other 360 Signature Classes available, so there’s no reason for you to hesitate signing up.

LES MILLS AND OTHER PROGRAMS – True fitness isn’t just all strength training and weightlifting. Holistic fitness means having variety in your workouts, so 360 Fitness developed programs that aim to help you distress, let loose, and have fun.

  • Body Jam is a dance-inspired cardio workout tuned to the latest jams on the radio combined with the hottest dance moves at the time.
  • Body Balance is a low-intensity workout inspired by Yoga, Tai Chi, and Pilates. Proper breathing and concentration, as well as flexibility and balance is at the core of this program.
  • Body Combat is a high-intensity, martial arts inspired cardio workout, borrowing moves from Karate, Boxing, Taekwondo, Tai chi, and Muay thai.
  • Power Yoga is a fitness-based approach to yoga, with mental focus, flexibility, and endurance at the center. There are options available for yoga newbies.

Circuit Training only takes 30 minutes

If one of the reasons why you’re not exercising is due to time constraints, circuit training could be the perfect workout option for you. For 30 minutes, you’ll move through different stations that target different parts of your body, each station usually lasting for 30 seconds. This ensures a fast-paced and exciting workout every time.

Find a branch near you and sign up for a fitness pass to get a feel of the program you’d most like to try. Security Bank cardholders get a 25% discount on All Membership Packages, plus a 2-day fitness pass for free. Start your fitness journey with 360 Fitness now!

credit card application

Home Loans 101: Crucial Questions to Ask Your Loan Officer

mortgage broker housing home loan officer questions to ask

Applying for a housing loan can be an emotional roller coaster. Excitement, anxiety, anticipation, and fear of rejection—all these things can be overwhelming and may lead to forgetting the most important questions you need to ask, which is a big no-no.

Read more: Getting a Home Loan? Here are 8 Simple Tips to Get Approved

Know all about the twists and turns of your loan before signing a deal by throwing out these questions:

Qualifications

  • “Am I qualified for a loan?” Be sure to have your loan officer assess your qualifications beforehand. Your cash flow, income from employment, assets and liabilities, and credit history will determine your eligibility for the loan.
  • “What type of loan should I get?” Applying for the right bank loan or government-sponsored housing program based on your qualifications will up your chances of getting an approval.
  • “How does this loan meet my needs?” Be sure that you can afford the loan to get the most out of it, and be sure that the loan you are getting is enough for your purpose. Don’t get a loan that’s not suitable to your budget and needs.

Rates and Payment Terms

  • “How much down payment do I need to make?” Most housing loans require a minimum down payment. Often, bigger down payments mean lower interest rates and better payment terms.
  • “What’s the interest rate of the loan?” Lenders get paid through the interest you pay on the loan on top of the principal loan. Factor this in when you choose which one has the lowest or most reasonable interest rate offering.
  • “Is the interest rate fixed or adjustable?” Clarify if the interest rate is fixed for the entire term of the loan or subject to adjustments periodically based on market trends. To protect yourself from rising interest rates, lock the rate at a designated period. However, this may entail lock fees.
  • “What is the payment term for the loan?” Payment terms refer to the duration and cost of your monthly payments until the loan is fully paid. Longer terms may mean lower monthly payments but higher interest rates.

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Costs and Fees

  • “Can I see a good faith estimate (GFE) for my loan?” A GFE is a document that lists down all terms, including costs and fees that will be charged to you upon closing of the loan. Use it to review the real cost of the loan and compare offers from various lending institutions.
  • “Does my loan come with prepayment penalties?” Prepayment penalties may be applied when you pay off your mortgage loan earlier than the agreed term. It happens when you choose to refinance your loan or when you reduce the principal balance beyond a specific percentage.
  • “Would I need to get a mortgage insurance for my loan?” Bank lenders may require you to take out a hazard insurance on the property as protection in the event of fires or natural calamities. The insurance may or may not be through the lending institution from which you filed the loan.

Mode of Payment

  • “What are my options regarding modes of payment?” Ask if you can make payments over the counter, through auto debit arrangements, or through post-dated checks so you can pick the most convenient for you.
  • “Can I change my mode of payment?” Find out if you’re allowed to shift from one payment mode to another during the duration of your loan. If yes, ask if modifications would require you to pay advance amortization.

Don’t hesitate to ask these crucial questions before signing a loan. Or better, find a bank that will help you from day one until your loan gets approved.

Security Bank offers low interest Housing Loan option with approval in as fast as 5 days. Click here to inquire about our housing loan offer.

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