Updates on Minimum Amount Due

    


Advisory
 
For BDO and BDO-Issued American Express Credit Card

Effective February 25, 2024, your BDO and BDO-Issued American Express Credit Card’s Minimum Amount Due will be the sum of the following:
  • 3% of the outstanding balance less installment amortizations, over-limit amount and new transactions posted within the current statement period*, or ₱850 or US$17, whichever is higher; 
  • 3% of installment amortization;
  • Overdue Amount; and
  • Over-Limit Amount.
To view the complete Fees & Charges, click here.
 
For BDO Installment Card

Effective March 1, 2024, your BDO Installment Card’s Minimum Amount Due will be the sum of the following:
  • 3% of the Outstanding Balance (less Installment, Cash Installment Amortizations and over-limit amount, if any) or ₱850, whichever is higher
  • Installment Amortization
  • Cash Installment Amortization
  • Overdue Amount
  • Over-limit Amount

To view the complete Fees & Charges, click here.

Frequently Asked Questions

The Minimum Amount Due is the amount that you need to pay on or before the Payment Due Date to keep your Credit Card current.
 

The Minimum Amount Due (MAD) billed to your Credit Card shall be computed as follows: 

If Outstanding Balance is ₱850 and below
 MAD is equal to ₱850 plus 100% past due amount and over-limit (if applicable).
If Outstanding Balance is above ₱850
MAD is the sum of the following:
 
  • 3% of the outstanding balance less installment amortizations, over-limit amount and new transactions posted within the current statement period*, or ₱850 or US$17, whichever is higher; 
  • 3% of installment amortization;
  • Overdue Amount; and
  • Over-Limit Amount.
     

 

This is applicable to all Principal and Supplementary cardholders of the following Retail Card Brands:
 
  • Mastercard
  • Visa
  • American Express®*
  • JCB
  • UnionPay
  • Diners Club

*Excluding American Express® International Dollar Charge Cards 

The update will be effective starting February 25, 2024. 

The Minimum Amount Due is the amount that you need to pay on or before the Payment Due Date to keep your Credit Card current.
 

The Minimum Amount Due (MAD) billed to your Installment Card shall be computed as follows: 

If Outstanding Balance is ₱850 and below
 MAD is equal to ₱850 plus 100% of Installment Amortization, Cash Installment Amortizations, Overdue Amount and Over-limit Amount (if applicable).
If Outstanding Balance is above ₱850
MAD is the sum of the following:
 
  • 3% of the Outstanding Balance (less Installment, Cash Installment Amortizations and over-limit amount, if any) or ₱850, whichever is higher
  • Installment Amortization
  • Cash Installment Amortization
  • Overdue Amount
  • Over-Limit Amount.

The update for Installment Card will be effective March 1, 2024.

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:

Hotline: (+632) 8888-0000

Outside Metro Manila

(PLDT/Globelines): #8888-0000

(For landline only, press # followed by 8888-0000)
 

International Toll-Free:

(IAC)+800-8-CALLBDO (2255-236)

(See list of IAC here)

BDO Corporate Center

callcenter@bdo.com.ph

This channel is dedicated to handling online banking enrollment and/or updating of registered online banking contact information of overseas clients. For phishing reports, please send the email to reportphish@bdo.com.ph.

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