PNB MasterCard Site. 1. The Convert-to-Cash Promo was ready to accept all active main PNB-issued credit cards in good credit waiting leaving out Corporate and circulation Cards

2. Promo cycle try from March 1, 2016 to Sep 30, 2016.

3. All C2C programs tend to be subject to PNB’s credit analysis and affirmation.

4. the total amount is converted ought to be at the least Php 10,000. Add-on rate as shown below:

5. the whole installment deals made regarding the PNB charge card inclusive of interest must not go beyond 80per cent for the cardholder’s borrowing limit or readily available borrowing limit, whichever is lower, in the course of C2C program. In case there are insufficient credit limit, PNB gets the single discernment to determine and accept best some of this total be reproduced for.

6. to ask about their unique offered borrowing limit for conversion, cardholders may name the 24/7 customer support at 818-9-818 or toll-free at 1-800-10-818-9-818.

7. Cardholder can acquire the promo via:

a. Over-the-Counter: consult any PNB participating branch in the country add an entirely filled form. Proceeds is going to be revealed in finances or paid to PNB profile.

b. Over-the-Phone: contact the 24/7 customer care at 818-9-818 or toll free at 1-800-10-818-9-818. Profits are going to be paid to PNB or non-PNB accounts.

8. The deposit membership must be in the term of C2C applicant. For Credit to PNB account, the recommended C2C major quantity will be paid to the Current accounts or Peso family savings specified inside form. For Credit to non-PNB accounts, PNB shall problem a Manager’s Cheque (MC) payable inside the label for the cardholder. The MC will probably be deposited to the non-PNB Peso levels indicated on the application.

9. You will find an operating cost of P300 for virtually any approved C2C application, become recharged on cardholder’s charge card profile.

10. The C2C quantity, inclusive of the applicable interest, will probably be ear-marked from the cardholder’s offered borrowing limit during the endorsement.

11. All C2C requests shall perhaps not build reward details.

12. in case there are very early termination, PNB shall enforce a five percent (5%) handling paid on staying outstanding installment levels or Php 500, whichever try high. The delinquent total levels in addition to the applicable fees will probably be published right back as routine right exchange.

13. The month-to-month amortization forms the main minimum levels due in the declaration of Account (SOA). If the cardholder elect to just pay the minimum levels due or any quantity underneath the overall amount due, best a percentage associated with the C2C will be thought about paid. The unpaid part of the month-to-month amortization shall be subject to regular funds charges.

14. Cardholder acknowledges his or her liability to PNB for any C2C accepted major quantity which shall develop section of his or her responsibility to your financial.

15. The stipulations regulating issuance and use of PNB Credit Cards include incorporated here by guide and made an important role hereof.

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