Effective September 1, 2022, a Cross Border Fee charged by the Card Brand will be applied to foreign currency (USD or non-USD) purchases and cash advance transactions converted to Philippine Peso at point-of-sale (POS), whether done in the Philippines, abroad or online. The corresponding fee will be applied on the converted amount which are as follows:
Card Brand
Purchases
Cash Advance
Mastercard
1%
1%
Visa
1%
1%
JCB
1%
1%
Diners Club
1%
No fee
This supersedes previously communicated implementation date of March 1, 2022.
