Credit Card Promos

 

Be ready for emergencies with extra CASH from your new BDO Installment Card. Enjoy as low as 0.59% monthly add-on rate and get billed one month later!

Tenor
Add-On Rate / Month
Effective Yield
Factor Rate
6
0.99%
20.09%
0.176567737
12
0.59%
12.83%
0.089237537
18
0.59%
13.02%
0.061456925
24
0.59%
13.06%
0.047570010
36
0.59%
12.97%
0.033679504

 

Promo Period
October 1, 2021 to December 31, 2021

 

Availment Period
October 1, 2021 to February 28, 2022

 

Qualified Card
BDO Installment Card

 

 

How to Avail

 

Sample Cash Availment Amortization Computation

Tenor
Factor Rate
SAMPLE CASH AVAILMENT AMOUNT
Php 50,000
Php 100,000
Php 200,000
6
0.176567737
Php 8,828.39
Php 17,656.77
Php 35,313.55
12
0.089237537
Php 4,461.88
Php 8,923.75
Php 17,847.51
18
0.061456925
Php 3,072.85
Php 6,145.69
Php 12,291.39
24
0.047570010
Php 2,378.50
Php 4,757.00
Php 9,514.00
36
0.033679504
Php 1,683.98
Php 3,367.95
Php 6,735.90

 

Computation

Cash Availment Amount: P100,000.00
Term: 36 months
Factor Rate: 0.033679504

 

Cash Availment Amount x Factor Rate = Monthly Amortization
P100,000.00 x 0.033679504 = P3,367.95

 

Above computations are for illustration purposes only. These do not constitute an approval nor an offer by BDO.

Click here to access the Cash Availment calculator.

 

 

Promo Mechanics

  1. The BDO Installment Card Low Rate Promo (“Promo”) is open to BDO Installment Cardholders ("Cardholders") with BDO Installment Cards approved from October 1, 2021 to December 31, 2021 (“Promo Period”).

  2. The Promo will run from October 1, 2021 to February 28, 2022 (“Availment Period”).

  3. To qualify, Cardholder must avail cash through any of the following channels, within the Availment Period:

    • Call the Cash Availment Hotline 02 8688-1212 (8:30am-4:30pm, from Mondays to Fridays, except holidays)

    • Visit any BDO Branch*

    • Email BDO-InstallmentCard@bdo.com.ph* with the subject: BDO Installment Card Promo

    • Text "INST<space>IC<space><Last, First, Middle Name>/<Contact No>"and send to 225678 for Globe/Smart/Sun/TM**

      Sample: INST IC Cruz,Juan,Reyes/09171234567

      *Cardholder must submit a duly-accomplished Cash Availment Form and a copy of 2 valid government-issued IDs
      **SMS is free of charge

       

  4. Cardholder must have an open and valid BDO Peso Checking or Savings Deposit Account where the Cash Availment proceeds may be credited. Cash proceeds will be posted in at least 3 banking days from the posting date of the Cash Availment transaction in the BDO Installment Card account.

  5. The minimum Cash Availment amount is P10,000 per transaction.

  6. Cardholders may perform multiple Cash Availments within the Availment Period, subject to the approved and available credit limit of the Cardholder's BDO Installment Card. If the Cardholder has no sufficient credit limit, BDO has the sole discretion to approve only a portion of the amount applied for, without prior notification to the Cardholder. 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.

  7. Monthly installments due on Cash Availment transactions are comprised of principal and interest components, which are computed based on diminishing balance and may not be equal from month to month. 

  8. An optional Payment Holiday bundle is available to qualified Cash Availment transactions under the Promo. Cardholder should indicate in his/her Cash Availment application whether he/she wishes to avail of the Payment Holiday bundle. Monthly installment due on such transactions will be billed to the Cardholder starting on the second statement cycle after the Cash Availment posting date and every month thereafter until the total amount payable is paid in full.

  9. If the Cardholder does not choose to avail of the Payment Holiday bundle, the first amortization of the Cash Availment will be billed on the first credit card statement cycle from the Cash Availment posting date.

  10. The following Cash Availment Rates shall apply:
     

    Tenor
    Add-On Rate / Month
    Effective Yield
    Factor Rate
    6
    0.99%
    20.09%
    0.176567737
    12
    0.59%
    12.83%
    0.089237537
    18
    0.59%
    13.02%
    0.061456925
    24
    0.59%
    13.06%
    0.047570010
    36
    0.59%
    12.97%
    0.033679504

     

  11. The following Regular Rates shall apply for Cardholders and Cash Availment transactions not qualified under the Promo:
     

    Tenor
    Add-On Rate / Month
    Effective Yield
    Factor Rate
    6
    1.00%
    20.29%
    0.176667651
    12
    1.00%
    21.46%
    0.093334686
    18
    1.00%
    21.65%
    0.065559120
    24
    1.00%
    21.58%
    0.051670980
    36
    1.00%
    21.20%
    0.037777833

     

  12. An Installment Availment Fee of P200 will be charged for every approved Cash Availment 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.

  13. Should the Cardholder request for the acceleration of the charging of the full amount of the remaining unbilled monthly amortization/s, an Installment Processing Fee of 5% of the remaining balance or P300.00 whichever is higher, will be charged to the Cardholder's account. The total accelerated amount and the corresponding fee shall form part of the outstanding amount due for the pertinent monthly billing cycle and must be paid in full.

  14. All BDO Installment Card and Cash Availment applications submitted are subject to the final credit approval of BDO. Once approved, the Terms and Conditions Governing the Issuance and Use of BDO Installment Card, the Cash Availment Terms and Conditions and the prevailing fees and charges shall apply.

  15. Promo is not valid in conjunction with other promotions, unless otherwise stated.

  16. The decisions of BDO, with the concurrence of DTI, on all matters relating to the Promo shall be final and binding on all Cardholders.

 

 

 

Per DTI-FTEB SPED Permit No. 127310, Series of 2021