Next Mastercard Upgrade FAQs
Have a question? Get your answers here.
Why will I be upgraded to another credit card?
We are upgrading you to a new credit card because the Next Mastercard is being discontinued. With this upgrade you will enjoy enhanced benefits and features.
What will happen to the auto-installment feature of my Next Mastercard after the card upgrade?
The auto-installment feature is exclusive to the Next Mastercard and will no longer be available once you transition to your new card.
However, you can still enjoy flexible payment options! Eligible straight transactions may still be converted into installment plans through our Convert to ChargeLight program, which offers a low monthly add-on rate via the Security Bank app.
Simply check the app to see if your transaction is eligible for conversion, or contact our hotline at (02) 8887-9188 for further assistance.
Until when can I use my Next Mastercard?
Once you receive your new credit card and activate it, you can no longer use your Next Mastercard.
Would there be changes to the fees and charges?
Cash advance and other fees and charges will remain the same. However, the annual fees will be based on the new credit card type you will be upgraded to.
| NEXT | WAVE | GOLD | PLATINUM | WORLD | |
| Annual Membership Fee Primary | No annual fee | No annual fee | PHP2,500 (1st Yr Free) |
PHP4,000 (1st Yr Free) |
PHP5,000 (1st Yr Free) |
| Annual Membership Fee Supplementary |
No annual fee
|
No annual fee |
First supplementary card waived for life
Only for cards issued July 2022 onwards1
Succeeding supplementary cards: PHP1,500 |
First supplementary card waived for life
Only for cards issued July 2022 onwards1
Succeeding supplementary cards: PHP2,500 |
First supplementary card waived for life
Succeeding supplementary cards: PHP2,500 |
1 The annual fee for the first supplementary card will be waived if the primary cardholder’s account is in active status and in good credit standing.
Will my credit limit change?
Your credit limit will remain the same, but you will be assessed regularly if you are qualified for an increase in credit limit.
Security Bank periodically reviews customer accounts and may adjust credit limits in accordance with the credit card Terms and Conditions and responsible lending practices.
What will happen to my supplementary card?
Your supplementary card/s will also be upgraded.
What will happen to my existing billers?
Once you receive your new card, you’ll need to re-enroll any auto-debit arrangements you have directly with merchants using your new card details. However, auto-debit arrangements with merchants enrolled in our Bills Assist service will remain unchanged and will be automatically transferred to your upgraded card.
For your convenience, here is the list of Bills Assist merchants:
- Bayantel
- Cablelink
- FWD
- Globe
- Innove
- Meralco
- PLDT
- Skycable
- Smart
- Sun Cellular
When should I start using my upgraded or new card?
Please start activating your upgraded card as soon as you receive it. Once your upgraded card is activated, your Next Mastercard will no longer be usable. To safely dispose of your Next Mastercard, punch a series of holes through its magnetic strip and chip.
What are the benefits of my upgraded credit card?
You will enjoy more features with your upgraded card:
Wave Mastercard
- Enjoy NO ANNUAL FEE FOR LIFE
- Earn 1% cashback on your online purchases – save up to PHP3,000 annually!
- An eco-conscious card made from 100% recycled PVC to help reduce plastic waste
- Enjoy access to local airport lounges, such as A Lounge and Marhaba Lounge at preferred rates
Gold Mastercard
- Earn non-expiring rewards points for every PHP20 spend
- Exclusive offers on shopping, dining, travel, wellness, and more!
- Enjoy access to local airport lounges, such as A Lounge and Marhaba Lounge at preferred rates
Platinum Mastercard
- Earn double non-expiring rewards points for every PHP20 spend
- Redeem rewards such as FREE flights, gift certificates, and more, faster!
- 2 complimentary airport lounge access (local or international) powered by Mastercard Travel Pass
- FREE PHP10M travel insurance
World Mastercard
- Earn triple non-expiring rewards points for every PHP20 spend
- Redeem rewards such as FREE flights, gift certificates, and more, faster!
- Unlimited Local Lounge Access in local airports (A-Lounge, Marhaba Lounge, and PAGSS Lounge)
- FREE 6 complimentary lounge access in international airports powered by Mastercard Travel Pass
- FREE PHP10M travel insurance
How can I activate my new card?
You can activate your card through three convenient methods:
Via Security Bank App:
- Open the app and tap “Activate Card” on the home screen.
- Enter your CVV and tap Submit.
- Enter your TPIN.
- You’ll see a confirmation screen once activation is successful.
No Security Bank App yet? Download the app and register with your inactive credit card or any existing Security Bank account.
Via SMS:
Send the following message using your registered mobile number:
SBCARDS ACTIVATE (Birthdate + MMDDYY)/(Expiry Date – MMYY)/Last 4 digits of your card
Example: SBCARDS ACTIVATE 052274/1223/6813
Send to 2086 for Globe/TM or 4629 for SMART/TNT
Note: Each text message costs PHP1. Please ensure that you have enough load balance before sending.
Via Customer Service Hotline:
- Call (02) 8887-9188
- Press 2, then 1, 5, and 4 to activate your credit card