Get cash up to 100% of your credit limit and pay later!

Avail cash for as low as 0.70% add-on rate per month with your BDO Installment Card.

Promo Mechanics:

1. The BDO Installment Card Low Rate Promo (“Promo”) is open to BDO Installment Cardholders (“Cardholder/s”) who receive the promo SMS/electronic direct mail from BDO within the Promo Period.

2. The Promo will run from March 1 to May 31, 2019 (“Promo Period”).

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

4. To qualify, Cardholder who receives a promo SMS/electronic direct mail from BDO must email the duly-accomplished Promo Cash Availment Form and a copy of 2 valid government-issued IDs 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. Monthly installment due on Payment Holiday transactions will be billed to the Cardholder starting on the second (2nd) 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 case, the first amortization will be billed on the first (1st) credit card statement cycle from the Cash Availment posting date.

10. The following Cash Availment Rates shall apply:
     

    Term	Monthly Add-on Rate	Annual Effective Interest Rate	Factor Rate
    12	0.70%	15.16%	0.090333829
    18	0.70%	15.37%	0.062559058
    24	0.70%	15.38%	0.048667386
    36	0.70%	15.23%	0.034778066

     

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

    Term	Monthly Add-on Rate	Annual Effective Interest Rate	Factor Rate
    6	1.30%	26.27%	0.179667192
    12	1.25%	26.63%	0.095836960
    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 (“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: 12 months

Formula: Cash Availment Amount x Factor Rate = Monthly Amortization
                 P100,000 x 0.090333829 = P9,033.39

Per DTI-FTEB  Permit No. 1453, Series of 2019.