In short
What does exist, and answers what most of these searches are really after, is a car-as-collateral cash loan. Cebuana Lhuillier's own example lends up to PHP 160,000 against a PHP 400,000 car.
EastWest and Maybank offer larger loans the same way, using the car itself as security.
- Credit card limit as auto loan collateral
- Not offered by any lender in this guide
- Standard auto loan security
- Chattel mortgage on the financed vehicle (UCPB Savings, and generally)
- EastWest AutoCash maximum loan-to-value
- 70% of the vehicle's appraised value
- EastWest AutoCash rate floor
- As low as 0.68% add-on per month, LTV up to 50%
- Maybank Auto Loan Refinancing maximum LTV
- 60% of appraised value
- Cebuana Lhuillier Tsikot to Cash maximum LTV
- 40% of vehicle value, cars 5 years old or below
- Paying for a car by credit card
- Only one named programme found: Kia x UnionBank PayEasy installment
Can you use a credit card limit as car loan collateral?
BDO, BPI, China Bank, EastWest, Maybank, RCBC, and UCPB Savings each set out their own auto loan collateral rule. None of them names anything resembling a credit card limit as supplementary security.
UCPB Savings states its actual collateral requirement plainly: a chattel mortgage on the financed unit. That is how every standard car loan in the Philippines is secured: by the car itself.
The car is registered with the bank as mortgagee until the loan is paid off.
Security Bank, PSBank, and UnionBank's own auto loan pages are not reflected here. So this is not an exhaustive list of every lender in the country.
If you are seeing '675 credit score car loan' or 'high risk auto loans' content online, that is US-market language. No Philippine lender in this guide prices a car loan around a credit score number at all. See the credit score guide for what banks check instead.
What actually exists: cash loans secured by a car you already own
This is the real product behind most of these searches: borrowing cash against a car you have already paid off, not financing a new purchase. EastWest calls its version AutoCash, letting you keep driving the car while you repay.
Rates scale with how much of the car's value you borrow. They start as low as 0.68% add-on per month up to 50% loan-to-value.
They rise to 0.78% between 50% and 60%, and to 0.88% between 60% and 70%, the maximum EastWest lends. EastWest aims for a credit decision within 1 to 3 banking days.
The vehicle must be under 10 years old and registered in the client's name.
Maybank's equivalent, Auto Loan Refinancing, accepts a vehicle almost 10 years old. It lends up to 60% of appraised value over terms up to 24 months, and it states it can process within 3 days.
Maybank names no interest rate on this specific page.
| Lender | Product | Max loan-to-value | Max term | Rate |
|---|---|---|---|---|
| EastWest | AutoCash | 70% | 48 months | 0.68% to 0.88% add-on/month, by LTV |
| Maybank | Auto Loan Refinancing | 60% | 24 months | Not stated |
| Cebuana Lhuillier | Tsikot to Cash Loan | 40% | Shown as 12 monthly installments in its own example | Not stated as a rate |
| Asialink Finance | Sangla OR/CR | Not stated | Not stated | Not stated |
| China Bank | Multi-Purpose Loan | Not stated | Vehicle age not to exceed 7 years at maturity | Not stated |
| BPI | Multi-purpose loan with car as collateral | Not stated | Not stated | Not stated |
How old the car can be, and what you'll submit
Age limits vary by lender. EastWest requires the car to be under 10 years old and registered to the client.
If it is not already financed with EastWest, it must be unencumbered by any other bank. Maybank explicitly welcomes vehicles almost 10 years old.
Cebuana Lhuillier's Tsikot to Cash Loan is narrower: the car must be 5 years old or below. It also sets out a worked example: a P400,000 vehicle borrowing up to P160,000 (40%), repaid at P14,822 a month over 12 installments.
Asialink's Sangla OR/CR product accepts vehicles from the 2009 model year and newer, with a loan process that usually takes 5 business days.
Documents follow the same pattern across lenders. They are: OR/CR, photos of the vehicle (EastWest asks for interior, exterior, and odometer shots), two valid government IDs, TIN, and proof of income.
- Confirm your car qualifies
Check the lender's age limit: EastWest and Maybank both accept cars near 10 years old; Cebuana Lhuillier caps at 5 years.
- Gather your OR/CR and vehicle photos
EastWest specifically asks for interior, exterior, and odometer shots plus the latest OR/CR.
- Original OR/CR
- Vehicle photos
- 2 valid government IDs
- TIN
- Proof of income
- Get the vehicle appraised
Your loan amount is a percentage of the appraised value, not the original purchase price.
- Compare the add-on rate to your actual borrowing need
EastWest's rate rises with how much of the car's value you borrow, from 0.68% to 0.88% add-on per month. Run the figures through the car loan calculator before you sign.
Can you pay for a car, or its down payment, with a credit card?
One named programme answers this directly: Kia Philippines' partnership with UnionBank PayEasy. It lets buyers pay for any Kia model through a credit card installment plan.
Terms run 3, 6, 12, 24, or 36 months, or as a straight charge. The same page states that UnionBank Auto Loan applicants may also settle their down payment through PayEasy installments rather than paying it in cash upfront.
The programme's own page shows a period of August 1 to December 31, 2026, announced July 31, 2026. But it does not show a DTI permit number.
Neither the interest nor the fee structure for the card installment appears there. UnionBank's own PayEasy page is not reflected here, so those figures remain open.
The mortgage that secures a standard car loan is explained in the chattel mortgage guide.
- Programme
- Kia Philippines x UnionBank PayEasy
- Installment terms offered
- 3, 6, 12, 24, or 36 months, or straight charge
- Covers
- Full vehicle price or just the down payment (UnionBank Auto Loan applicants)
- Stated period
- August 1 to December 31, 2026
- Fees or interest on the card installment
- Not stated on this page