Financial Blog

Starting your career (or heading to grad school) is, in itself, an important milestone on your journey to adulthood. Here, you’ll learn about how to manage your own money, how to pay for your essentials, and start building up your savings. No more allowances for you — you’ll be earning every centavo yourself, building your financial identity along the way. 

While building your foundations, one of the first tools you might want is a credit card. But here’s the catch: as a fresh grad, you probably don’t have a long credit history or high income. At least not yet. 

Luckily, there’s an easy way to build up your credit. Here’s where Security Bank Fast Track Credit Card comes in.

What Is It?

The Fast Track is a secured credit card — meaning instead of the bank giving you a credit card based on your income and history, you “secure” a credit card with your own deposit from your account. Think of it as putting a safety deposit down to “unlock” a credit card.

• You open a Security Bank Easy Savings account.
• You place money there (minimum ₱25,000 for savings).
• Security Bank holds this amount as collateral.
• Your credit card limit = about 80% of that deposit.

So if you deposit ₱25,000, you’ll get around ₱20,000 credit limit which is generally enough to cover your expenses on a monthly basis.

Remember that not all credit cards are made the same so choosing the right credit card at such an early stage in your professional career is important. To learn more about the different types of credit card, read our article on how to choose a credit card that fits your lifestyle.

How It Works in Everyday Life

Use your secured credit card just like any other credit card. Shop for groceries, gas up, pay your tuition, shop, food deliveries, Spotify subscription, Shopee, Lazada, etc. You’ll still earn rewards every time you use your secured card, and unlike debit, this builds your credit history, which is key if later you want: A higher-limit credit card, car loan, personal loan, and even a home loan. Just make sure to pay your bills on time and preferably in full.

How to use your Fast Track credit card as…

1. A Fresh Grad at your First Job

• You just got your first salary.
• You put ₱25,000 in a Security Bank Easy Savings account as your hold-out.
• You now have a ₱20,000 credit limit card.
• You use it for your daily Grab rides/deliveries (say ₱4,000/month give or take) and groceries (₱5,000/month).
• By paying off on time, you build a good credit record that proves you’re responsible.

2. A Master’s Student

• You’re applying for grad school and juggling tuition, books, and expenses.
• Your parents or your own savings go into an Easy Savings account, funded with ₱100,000.
• This gives you ₱80,000 credit limit, big enough for tuition installment payments or travel expenses for conferences.
• You don’t touch your deposit, but you get a card that helps you manage bigger expenses flexibly.

3. A Side Hustler / Freelancer

• You freelance while studying or working.
• No fixed payslip = hard to apply for a normal credit card.
• With Fast Track, you don’t need proof of income — your deposit is your ticket.
• You can use it to pay for tools like Canva Pro, domain hosting, or ads, while also separating business from personal expenses.

Why It’s Good for Young Adults

• Easy approval: No need for payslips or long job history.
• Credit starter pack: You begin building your financial track record early.
• Budget control: Limit is based on your deposit, so you don’t overspend beyond your means.

Step toward bigger goals: Later on, the bank may upgrade you to a regular unsecured credit card with higher limits once you’ve proven your reliability.

Things to Keep in Mind

• The money you put in is locked as collateral — you can’t withdraw it while your card is active. 
• You still need to pay your bills on time — the deposit isn’t there to cover your spending, only to secure your card.
• Annual fees may apply after the first year (depending on the card type you choose).

If you’re just stepping into adulting — first job, grad school, or freelancing — the Security Bank Fast Track Credit Card is like training wheels for financial independence. You secure it with savings you already have, and in return, you get a real credit card that builds your credit score and helps you handle expenses smartly.