

Philippine National Bank (PNB) and Philippine Airlines (PAL) have strengthened their long-time partnership through a renewed co-brand agreement aimed at delivering greater rewards and seamless travel experiences for Filipino customers.
The signing ceremony, held at the Lucio K. Tan, Jr. Center in Pasay City on 16 October 2025, was led by Lucio Tan III, President and COO of LT Group, Inc. and PAL Holdings, Inc., together with PNB President and CEO Edwin Bautista and PAL President Richard Nuttall. The partnership reinforces the synergy between the country’s premier flag carrier and one of its top universal banks, both subsidiaries of the LT Group.
Under the renewed collaboration, PNB cardholders will continue to enjoy exclusive privileges such as enhanced Mabuhay Miles rewards, travel conveniences, and lifestyle perks tailored for modern Filipino travelers. The alliance aims to further bridge travel and finance, allowing customers to maximize value whether they are booking flights or managing their finances.
“When strong brands come together, the possibilities are endless,” said Lucio Tan III. “This partnership celebrates the value our customers bring by ensuring their loyalty is rewarded in meaningful and exciting ways. Together, we amplify our strengths and elevate the experiences we offer.”
PNB President Edwin Bautista emphasized that the partnership is focused on creating real value for customers. “It’s about giving our customers experiences that truly matter — whether they’re managing their finances or traveling the world,” he said.
Meanwhile, PAL President Richard Nuttall highlighted the partnership’s role in enriching customer journeys: “The renewal of our partnership with PNB reflects our continuous pursuit to strengthen relationships that enhance the travel experience of our customers. Together, we are expanding opportunities for our passengers to enjoy the benefits of the Mabuhay Miles program on the ground and in the air.