What happens if a credit cardholder dies in the Philippines?

Does their credit card debt become fully forgiven, or does it pass on to their heirs? Given that most credit cards constitute unsecured debt, settling any outstanding credit card balance typically isn’t prioritized in estate administration compared to secured debts and other more immediate financial responsibilities.

This form of debt can be settled using the remaining assets from the deceased cardholder’s estate, or it may be transferred to the joint account holder or credit card co-signer/co-borrower.

However, authorized users are not obliged to continue making payments in the event of the primary cardholder’s death.