Credit Card Promos

 

Get cash for life's big moments and pay later!
Application Period: October 1 to December 31, 2018
Promo Period (Availment Period): October 1, 2018 to February 28, 2019

 

Qualified Card: BDO Installment Card

 

Offer:
Get cash for as low as 0.70% add-on rate per month and get billed 1 month later.
Apply for a BDO Installment Card now and avail of the promo rates until February 28, 2019.

 

Term
Add-on Rate/Month
Factor Rate
Effective Interest Rate
12
0.70%
0.090333829
15.16%
18
0.79%
0.063458332
17.27%
24
0.75%
0.049168817
16.43%
36
0.79%
0.035682596
17.06%

 

Click here to apply for a BDO Installment Card.
Click here to avail cash online.
Click here to download the Cash Availment Form.

 

Promo Mechanics:

  1. The BDO Installment Card Payment Holiday Promo (“Promo”) is open to:

    • BDO Installment Cardholders (“Cardholder/s”) with BDO Installment Cards approved from October 1, 2018 until December 31, 2018.

    • Customers who apply for a BDO Installment Card from October 1, 2018 until December 31, 2018 and subsequently approved ("Cardholders").

  2. The Promo will run from October 1, 2018 – February 28, 2019 (“Promo Period”).

  3. Promo is applicable only to Cash Availment transactions with 12, 18, 24 or 36 months term.

  4. To qualify, Cardholder must submit the duly-accomplished Cash Availment Form and a copy of 2 valid government-issued IDs to any BDO branch or via email to BDO-InstallmentCard@bdo.com.ph within the Promo Period.

  5. Cardholder must have an open and valid BDO 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 Promo Period, subject to the approved and available credit limit of the Cardholder's BDO Installment Card.

  8. A Cardholder may choose to avail of Payment Holiday in his/her Cash Availment transaction. In such case,  monthly installment due on Payment Holiday transactions will be billed to the cardholder starting the second statement cycle after the original transaction date and every month thereafter until the total amount payable is paid in full.

  9. The Payment Holiday offer is optional to the Cardholders. A Cardholder may choose not to avail of Payment Holiday in his/her Cash Availment transaction. In such cases, the first amortization will be billed on the 1st credit card statement cycle from the Cash Availment posting date.

  10. The following Cash Availment Rates shall apply:
     

    Term
    Add-on Rate/Month
    Factor Rate
    Effective Annual Interest Rate
    12
    0.70%
    0.090333829
    15.16%
    18
    0.79%
    0.063458332
    17.27%
    24
    0.75%
    0.049168817
    16.43%
    36
    0.79%
    0.035682596
    17.06%

     

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

    Term
    Add-on Rate/Month
    Factor Rate
    Effective Annual Interest Rate
    6
    1.30%
    0.179667192
    26.27%
    12
    1.25%
    0.095836960
    26.63%
    18
    1.25%
    0.068058532
    26.76%
    24
    1.25%
    0.054167533
    26.58%
    36
    1.25%
    0.040279967
    25.98%

     

  12. All BDO Installment Card and Cash Availment applications submitted are subject to the final credit approval of BDO (“Bank”). Once approved, the Terms and Conditions Governing the Issuance and Use of BDO Installment Card 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 the Bank on all matters relating to the Promo shall be final and binding on all Cardholders, in concurrence with DTI.

    Sample Cash Availment Computation:
    Cash Availment Amount: P100,000
    Installment Term: 24 months

    Formula:
    Cash Availament Amount x Factor Rate = Monthly Amortization
    P100,000 x 0.049168817 = P4,916.88

 

Per DTI-FTEB Permit No. 18145, Series of 2018.