Security Bank launches 100% Recycled PVC Credit Card
Security Bank launched its new Wave Mastercard credit card, made of 100% recycled PVC. Making it the first credit card to mark sustainability in the Philippines. Furthermore, the bank introduced this sustainable credit card on February 7, 2024, aiming to help alleviate the ongoing global crisis of excessive plastic use.
The World’s Crisis
When we think of sustainability, we rarely consider plastic credit cards. Yet, over 460 million metric tons of plastic are produced globally each year, with a staggering 26 billion credit cards circulating. Still, this massive number highlights the environmental burden that people often overlook in the world of finance.
The Philippines ranks as the world’s top ocean plastic polluter. A crisis that Security Bank is now stepping up to tackle. In response, and determined to lead the “green revolution,” the bank launched a campaign aimed at reducing plastic waste. By prioritizing sustainability, Security Bank is not only addressing this pressing issue but also showing how financial institutions can drive real environmental change.
The card is crafted by Idemia, one of the select manufacturers that use eco-friendly materials. Furthermore, this process has passed Mastercard’s rigorous approval and is certified by the ICMA Ecolabel Standard, ensuring sustainability at every step.
Security Banks’ EVP and Retail Banking Segment Head, Rahul Rasal said “We’ve curated benefits that align with what our customers want. Simply put, our Security Bank Wave Mastercard is far more than just a no-annual-fee credit card.”
The Wave Mastercard credit card
With an impressively low interest rate of 2.5%, one of the best in the Philippines, and no annual fees. Plus, enjoy a 1% cashback on all online purchases, whether it’s shopping, dining, or travel—rewarding you at every step. As a result, customers can save more as they spend.
The Wave Mastercard breaks free from tradition, saying goodbye to annual fees, ditching restrictive interest rates, and embracing eco-friendly materials. It’s more than just a card; it’s a fresh start in banking, built for freedom, fairness, and sustainability. With each swipe, The Wave leads the way toward a smarter, greener future in finance.
This initiative won’t just cut down the 26 billion plastic cards in circulation—it’s a call to action for other banks to step up. Beyond profits, Security Bank is proving it’s not just about keeping the world turning but about caring for the planet so it keeps spinning. Security Bank is lighting the way, proving that finance can fuel a greener future.
It’s time for banks and the financial world to step up and help save the planet. By making this bold move, I hope other banks will follow suit and do everything they can to protect our environment. After all, the future depends on all of us taking action. Together, we can make a real difference.
Apply Security Bank Wave Mastercard at https://securitybank.com/wave.
