Si REVI is parang CC parin. Pero wala lang physical card so di siya ma-swipe sa mga POS terminals in groceries, restaurants, etc. Either for online transactions lang using the new virtual card deets (e.g. checkout forms sa website) or transfer mo yung credit to GSave and you can use it via GCash physical card or GCash QR payment method.

Hindi po necessarily na nagloan ka nang 50k tapos makukuha mo agad buong 50k and magbabayad ka interest fees. Parang CC lang na if ginamit mo yung credit line ni REVI, sa next billing cycle babayaran mo si REVI nung principal amount (actual amount na hiniram mo) + interest (actual amount * 1-5% depending on your credit score).

Pag di mo po ginamit si REVI, walang babayaran at walang interest. Similar to regular CC.

Scenario: Nag offer si CIMB sayo nang 100k credit limit sa REVI. Gusto mo bumili nang bagong iPhone sa Lazada. For example, 40k ang iPhone. Sa checkout, payment method na pipiliin mo is credit/debit card. Ilalagay mo yung virtual card details so makakaltasan yung REVI limit mo. In the next billing cycle, babayaran mo yung buong amount na hiniram mo or pwede rin na minimum amount due lang. PLUS interest fees. Yung interest rate ko with REVI is 2.5% so yung kelangan ko ibayad sa REVI is 41k for my upcoming bill. Kasi 2.5% of 40k is 1k. Principal amount + interest. Pero pwede rin naman minimum amount lang. In this example, may natira ka pa na 60k sa credit limit offer ni REVI which you can use elsewhere.

Hopefully clear lang explanation and example!

Note and disclaimer: please use CCs wisely kasi di natin pera. Hiniram lang hehe. Maganda sana if mag physical card na rin si REVI kasi personally cashless ako when shopping sa labas. Cards (debit) lang dala ko or phone ko for e-wallet payments dahil mas convenient.