EasyPay Convert

 

Convert your transactions to EASY installments!

 

Availment Channels For PHP & USD Conversion
BDO Online Banking

Apply thru BDO Online Banking.

 

Not yet Enrolled to BDO Online Banking? Enroll Now!

 

View BDO Online Banking Step-by-Step Guide

Customer Contact Center Call (02) 8631-8000

 

NOTE: To avoid duplicate processing of EasyPay Convert request, please ensure that transaction for conversion should only be made through only one (1) application channel. Kindly wait five (5) banking days for the status of application.

 

Choose the most convenient term for you.

 

PHP

 

For a minimum transaction of Php 3,000 (via BDO Online Banking):

Term Factor Rate Add-On Rate Per Month Effective Rate
Per Annum
3 0.343338077

1.00%

17.92%
6 0.176667651

1.00%

20.29%
12 0.092137489 0.88% 18.96%
18 0.064360104 0.88% 19.16%
24 0.050466939 0.88% 19.12%

Sample Computation for an EasyPay Convert PHP amount of P25,000 for 24 months
EasyPay Convert PHP Amount x Factor Rate = Monthly Amortization*
P25,000 x 0.050466939 = P1,261.67 per month for 24 months

 

For a minimum transaction of Php3,000 (via Customer Contact Center):

Term

Factor Rate

Add-On Rate Per Month

Effective Rate Per Annum
3 0.343338077 1.00% 17.92%
6 0.176667651 1.00% 20.29%
9 0.121111407 1.00% 21.11%
12 0.093334686 1.00% 21.46%
18 0.065559120 1.00% 21.65%
24 0.051670980 1.00% 21.58%
36 0.037777833 1.00% 21.20%

Sample Computation for an EasyPay Convert PHP amount of P25,000 for 24 months
EasyPay Convert PHP Amount x Factor Rate = Monthly Amortization*
P25,000 x 0.051670980 = P1,291.77 per month for 24 months

 

  • How to compute for your PHP monthly amortization

    Availment Channel:                                BDO Online Banking

    Amount to be converted:                        P25,000
    Installment Term:                                    24 months
    Factor Rate:                                             0.050466939

    Formula:  Amount  x  Factor Rate      =  Monthly Amortization*
                      P25,000 x  0.050466939   =  P1,261.67 per month for 24 months

    Availment Channel:                               Customer Contact Center

    Amount to be converted:                        P25,000
    Installment Term:                                    24 months
    Factor Rate:                                             0.051670980

    Formula:  Amount  x  Factor Rate      =  Monthly Amortization*
                      P25,000 x  0.051670980  =  P1,291.77 per month for 24 months

    *Above computation is presented as a guide to derive the monthly amortization. Actual monthly amortization may vary slightly due to rounded values.
     

  • For BDO Online Banking application, 9 and 36 month installment terms are not available.
     
  • Offer is valid until April 30, 2021 only. Per DTI Fair Trade Permit No. FTEB 111344, Series of 2020.
     
  • Please ensure that the BDO Credit Card (including card replacement/renewal) used for your application is ACTIVE and enrolled in BDO Online Banking.

 

 

USD

 

For a minimum USD transaction of $200 (via BDO Online Banking):

Term Factor Rate Add-On Rate Per Month Effective Rate
Per Annum
3

0.343338077

1.00%

17.92%
6

0.176667651

1.00%

20.29%
12

0.092137489

0.88% 18.96%
18

0.064360104

0.88% 19.16%
24

0.050466939

0.88% 19.12%

Sample Computation for an EasyPay Convert USD amount of P25,000 for 24 months
EasyPay Convert USD Amount x Factor Rate = Monthly Amortization*
P25,000 x 0.050466939 = P1,261.67 per month for 24 months

 

For a minimum USD transaction of $200 (via Customer Contact Center):

Term Factor Rate Add-On Rate Per Month Effective Rate
Per Annum
3

0.343338077

1.00% 17.92%
6

0.176667651

1.00% 20.29%
9 0.121111407 1.00% 21.11%
12

0.093334686

1.00% 21.46%
18 0.065559120 1.00% 21.65%
24

0.051670980

1.00% 21.58%
36 0.037777833 1.00% 21.2%

Sample Computation for an EasyPay Convert USD amount of P25,000 for 24 months
EasyPay Convert USD Amount x Factor Rate = Monthly Amortization*
P25,000 x 0.051670980 = P1,291.77 per month for 24 months

 

  • How to compute for your USD monthly amortization

    Availment Channel:                                BDO Online Banking

    Amount to be converted:                        $800
    Installment Term:                                    24 months
    Factor Rate:                                             0.050466939

    Formula:  Amount  x  Factor Rate   =  Monthly Amortization*
                      $800 x  0.050466939      =  $40.37 per month for 24 months

    Availment Channel:                              Cutomer Contact Center

    Amount to be converted:                       $800
    Installment Term:                                   24 months
    Factor Rate:                                           0.051670980

    Formula:  Amount  x  Factor Rate   =  Monthly Amortization*
                      $800 x  0.051670980      =  $41.34 per month for 24 months

    *Above computation is presented as a guide to derive the monthly amortization. Actual monthly amortization may vary slightly due to rounded values.
     

  • For BDO Online Banking application, 9 and 36 month installment terms are not available.
     
  • Offer is valid until April 30, 2021 only. Per DTI Fair Trade Permit No. FTEB 111344, Series of 2020.
     
  • Please ensure that the BDO Credit Card (including card replacement/renewal) used for your application is ACTIVE and enrolled in BDO Online Banking.

 

Additional Reminders

  • Total add-on interest should be within the cardholder's available credit limit.
     
  • Transaction should be single-receipt purchase of at least Php3,000 or USD200.
     
  • Transactions not allowed for EasyPay Convert :
    • Any transaction associated with Gambling
    • Cash Advance transactions**
    • Money Transfers or any similar cash transaction
    • Other BDO installment transactions like 0% Interest, EasyPay Regular Installment, etc.

** Note: Cash Advance transactions may be converted for Select Cardholders who will receive the promo announcement via Viber, SMS or email. Minimum application amount is Php5,000. Fees and charges incurred from Cash Advance are not convertible to installment. (Application is thru BDO Online Banking only)
 

Promo Mechanics for PHP and USD applications via BDO Online Banking and Customer Contact Center

Terms and Conditions