Credit Card Promos

 

Cash for only 0.49%/month
Promo Period: July 15 to October 31, 2020
Qualified Card: BDO Installment Secured Card

 

Offer:
Get cash for only 0.49% add-on rate per month and get billed 1 month later with your BDO Installment Secured Card. Available for up to 36 months installment term.

Term
 (months)
Monthly
Add-on Rate
Effective Interest Rate per Annum Factor Rate
6 0.49% 10.02%  0.171571251
12 0.49% 10.69% 0.088237124
18 0.49% 10.87% 0.060458437
24 0.49% 10.92% 0.046570705
36 0.49% 10.88% 0.032681919

Click here to download the Cash Availment Form.

 

Promo Mechanics:

  1. The BDO Installment Secured Card Low Rate Promo (“Promo”) is open to Secured BDO Installment Cardholders (“Cardholders”) that are in good standing and who receive the promo SMS/electronic direct mail from BDO within the Promo Period.

  2. The Promo will be available from July 15 to  October 31, 2020 (“Promo Period”).

  3. The Promo is applicable to Cash Availment transactions with 6, 12, 18, 24 and 36-month terms.

  4. Cardholder must apply for a Cash Availment through any of the following channels within the Promo Period:

    • Visit any BDO Branch*

    • Call the Cash Availment Hotline: 02 8688-1212
      (8:30am – 5:30pm, from Mondays to Fridays, except holidays)

    • Email BDO-InstallmentCard@bdo.com.ph* with the subject: “BDO Installment Card Promo”
      *Cardholder must submit a duly-accomplished Cash Availment Form and photocopies of 2 valid government-issued IDs (original IDs must be presented)

  5. Cardholder must have an existing BDO Peso Checking or Savings Deposit Account where the Cash Availment proceeds may be credited.

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

  7. 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.

  8. An optional Payment Holiday bundle is available to qualified Cash Availment transaction 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. Qualified Cash Availments shall be subject to the following Interest Rates:

    Term
     (months)
    Monthly
    Add-on Rate
    Effective Interest Rate per Annum Factor Rate
    6 0.49% 10.02% 0.171571251
    12 0.49% 10.69% 0.088237124
    18 0.49% 10.87% 0.060458437
    24 0.49% 10.92% 0.046570705
    36 0.49% 10.88% 0.032681919

     

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

    Tenor Add-on Rate
     per Month
    Effective Interest Rate per Annum Factor Rate
    6 1.30% 26.27% 0.179667192
    12 1.25% 26.63% 0.09583696
    18 1.25% 26.76% 0.068058532
    24 1.25% 26.58% 0.054167533
    36 1.25% 25.98% 0.040279967

     

  12. 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.

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

  14. The decisions of BDO on all matters relating to the Promo shall be final and binding on all Cardholders.

 

Click here to download the Cash Availment Form.

 

DTI Fair Trade Permit No. 102079, Series of 2020.