Balance Transfer Terms and Conditions

  1. The Balance Transfer Program/Facility of BDO allows a Cardholder in good credit standing to transfer to his/her BDO Credit Card other outstanding balances with his/her Non-BDO Credit Card.

  2. BDO shall have the absolute and exclusive right to approve or reject applications for Balance Transfer. The Balance Transfer principal amount with interest and applicable fees will be deducted from and should be within the available credit limit. BDO has the sole discretion to approve only a portion of the amount applied for.  In case of rejection of the application, BDO is under no obligation to notify the Cardholder of the said rejection and of the reason thereof.

  3. Rates may change without prior notice. Applicable rates at the time of Balance Transfer application will apply.  

  4. Prior to the approval of the Cardholder's application for Balance Transfer, the Cardholder shall continue to pay the minimum amount due on his/her Non-BDO credit card/s. The Cardholder agrees and understands that payment by BDO to Non-BDO Credit Card company/ies may be remitted days after the posting of the  Balance Transfer amount to his/her BDO Credit Card to allow BDO reasonable time for processing. In the event of delay in payment by BDO to the Non-BDO Credit Card company/ies for whatever reason/s, or rejection/non-acceptance of payment by the Non-BDO Credit Card company/ies, the Cardholder hereby absolutely holds BDO free from any liability for penalties, charges and damages, if any, which may be imposed by the Non-BDO Credit Card Company/ies upon the Cardholder as a result of the said delay, rejection or non-acceptance of payment by the Non-BDO Credit Card Company/ies.

  5. Upon approval of the Balance Transfer application, BDO will send the check payment directly to the Non-BDO Credit Card Company/ies. Receipt of payment by the Non-BDO Credit Card Company/ies shall be deemed as receipt of the proceeds of Balance Transfer by the Cardholder himself/herself, and a credit availment from BDO to the extent of the amount of the Balance Transfer. Approved Balance Transfer applications can no longer be reversed/cancelled. It is understood that the Cardholder shall have the obligation to contact BDO for confirmation of the status of his/her Balance Transfer application (whether approved or disapproved), and that payment made by the Cardholder to the Non-BDO Credit Card Company/ies of the amount applied for the  Balance Transfer prior to or without such confirmation, shall be at Cardholder’s own risk and account. Thus, in case of double payment of the Balance Transfer amount to the Non-BDO Credit Card Company/ies (i.e., payment by BDO and payment by the Cardholder), the Cardholder shall continue to be liable to BDO for reimbursement/payment of such Balance Transfer amount under the Balance Transfer program/facility.

  6. An Installment Availment Fee of 250 will be charged for every approved Balance Transfer transaction. The Installment Availment Fee is non-refundable and will be due even if Cardholder decides to pay the entire remaining balance before the end of the payment term. 

  7. BDO may, at its sole and absolute option, accommodate Cardholder's request to accelerate the charging of the remaining unbilled monthly amortization/s, but the total remaining balance after the acceleration must be paid in full. The Cardholder will be charged an installment processing fee of 5% of the total remaining balance or 300, whichever is higher.  After BDO has approved the Cardholder's acceleration, the total accelerated amount and the installment processing fee shall form part of the total outstanding amount due for the pertinent monthly billing cycle and must be paid in full.

  8. The Cardholder acknowledges liability to BDO for any Balance Transfer request that has been implemented and the amount of Balance Transfer together with interest and penalty charges, if any, will form part of the Cardholder’s payment obligation to his/her BDO Credit Card.every month thereafter until the end of the installment term.

  9. The principal and interest components of the monthly installments are computed based on diminishing balance and may differ from month to month.

    The Cardholder acknowledges that there may be a slight difference between the actual monthly installment billed and computed monthly installment presented in a sample computation, such as but not limited to, sample computation published in the website or relayed via a recorded call.  The Cardholder acknowledges that the agreed monthly installment computed using the corresponding factor rate may differ from the monthly installment computed and generated by BDO system due to rounding off of the corresponding factor rate, which is automated in BDO’s system. Cardholder consents and authorizes BDO to round off the corresponding factor rate, including the monthly installment computed amount as a result thereof.

  10. Monthly installment due on Balance Transfer applications together with monthly interest and penalty charge (if any) will be billed to the Cardholder starting on the next statement cycle after the Balance Transfer transaction posting date and every month thereafter until the total amount payable is paid in full.

  11. In case of partial payment of the amount due on the Balance Transfer, the unpaid balance shall be charged the applicable penalty, interest and/or late payment charges imposed by BDO.

  12. In cases of suspension, cancellation and/or non-renewal of the BDO Credit Card due to non-payment or breach of any of the Terms and Conditions Governing the Issuance and Use of BDO Credit Cards, the same shall automatically render all the outstanding obligations of the Cardholder under the Balance Transfer Program of BDO due and demandable without need of a prior notice.

  13. The monthly interest rates, late payment penalty and other charges on the Balance Transfer are determined by BDO and may be subject to change in accordance with the prevailing market rates for similar transactions to be availed by the Cardholder.

  14. It is understood that payment made by BDO on behalf of the Cardholder to the Non-BDO Credit Card Company/ies pursuant to the Balance Transfer Program shall not constitute a novation (substitution of debtors) within the meaning of the Civil Code of the Philippines. Hence, the Cardholder shall remain to be liable to the Non-BDO Credit Card Company/ies for any outstanding obligation to the latter, and the Non-BDO Credit Card Company/ies shall have no right whatsoever to collect and enforce the same against BDO.

  15. Approved Balance Transfer applications shall not be eligible to earn rewards points, rebates or miles.

  16. The Terms and Conditions Governing the Issuance and Use of the BDO Credit Cards shall continue to apply to the Balance Transfer Program and to the Cardholder’s availment of such Program and shall be deemed incorporated with and made integral parts of these Terms and Conditions.  In case of conflict between the above stated provisions and the BDO Credit Card Terms and Conditions, the latter shall prevail.

  17. The Cardholder’s use/availment of the Balance Transfer Program constitutes the Cardholder’s agreement to the above Terms and Conditions.

  18. The above Terms and Conditions may be amended and supplemented by BDO from time to time upon notice to the Cardholder and with DTI's consent. 

  19. All complaints will be handled within 7 to 10 banking days from receipt of complaint, provided with complete information, proof of application and other supporting documents.

To view sample of diminishing balance computation. click here.

Applicable Fees

Installment Availment Fee


This will be charged for every approved Balance Transfer application.

Installment Processing Fee

5% of the total remaining balance or 300, whichever is higher  

This will apply only to Installment Acceleration requests and will be charged after request has been approved.

Contact us

BDO Corporate Center

BDO Corporate Center:

7899 Makati Avenue Makati City 0726, Philippines Trunkline: (+632) 8840-7000

BDO Corporate Center

BDO Contact Center:

(+632) 8631-8000

BDO Corporate Center

This channel is dedicated to handling phishing reports, online banking enrollment and/or updating of registered online banking contact information of overseas clients

BDO Corporate Center

BDO's Consumer Assistance Management System

See available channels

BDO Corporate Center

International Toll-Free:


(See list of IAC here)