Philippines-based EastWest Bank has entered into a deal with the De La Salle Alumni Association (DLSAA) to issue credit cards to its alumni members.

With EW-DLSAA, the cardholders can earn rewards points upon making any purchase, reported abs-cbnnews.

The cardholders will have an option to donate the corresponding value of their card rewards points to the DLSAA Scholarship Fund, DLSAA Disaster Relief Fund or DLSAA Provident Fund.

Additionally, EastWest Bank will also give donations to DLSAA for every activated DLSAA MasterCard.

The agreement was signed in the presence of EastWest credit cards and unsecured loan sales head and vice Alastair De Lara, EastWest executive vice president and consumer lending cluster head Jacqueline Fernandez, DLSAA president Derrick Yu and DLSAA finance and treasurer vice president Tony Atayde, Jr.