PNB MasterCard Webpage. 1. The Convert-to-Cash Promo try open to all effective principal PNB-issued credit cards in good credit waiting leaving out business and Distribution Cards

2. Promo years is from March 1, 2016 to September 30, 2016.

3. All C2C applications include subject to PNB’s credit score rating analysis and endorsement.

4. extent become switched ought to be at the least Php 10,000. Add-on costs as shown below:

5. the full total installment transactions generated regarding the PNB Credit Card inclusive of interest mustn’t meet or exceed 80percent regarding the cardholder’s credit limit or readily available borrowing limit, whichever is gloomier, during C2C program. In the eventuality of inadequate borrowing limit, PNB gets the sole discernment to ascertain and approve best part associated with total be applied for.

6. To inquire about her offered credit limit for sales, cardholders may phone the 24/7 customer support at 818-9-818 or toll-free at 1-800-10-818-9-818.

7. Cardholder can take advantage of the promo via:

a. Over-the-Counter: go to any PNB participating department in the nation to submit an entirely overflowing application form. Profits will be launched in money or paid to PNB accounts.

b. Over-the-Phone: name the 24/7 Customer Service at 818-9-818 or toll free at 1-800-10-818-9-818. Proceeds shall be credited to PNB or non-PNB profile.

8. The deposit membership needs to be from inside the term on the C2C candidate. For credit score rating to PNB membership, the recommended C2C principal levels will be paid to the present profile or Peso bank account specified when you look at the application. For credit score rating to non-PNB account, PNB shall problem a Manager’s Cheque (MC) payable in term regarding the cardholder. The MC will be placed into the non-PNB Peso accounts showed throughout the form.

9. You will find a control fee of P300 for every authorized C2C software, become recharged to your cardholder’s bank card membership.

10. The C2C levels, inclusive of the appropriate interest, will probably be ear-marked through the cardholder’s readily available borrowing limit at the time of the approval.

11. All C2C needs shall maybe not make reward things.

12. in case there are very early cancellation, PNB shall enforce a five per cent (5percent) handling fee based regarding the leftover delinquent installment amount or Php 500, whichever try high. The delinquent utter quantity and the applicable charges will be uploaded right back as typical right transaction.

13. The month-to-month amortization types the main minimal levels because of inside the report of accounts (SOA). If the cardholder elect to pay only minimal levels due or any quantity beneath the total quantity due, only some for the C2C shall be regarded paid. The outstanding part of the month-to-month amortization will probably be at the mercy of routine money costs.

14. Cardholder acknowledges their obligation to PNB when it comes down to C2C authorized primary quantity which shall form element of his/her responsibility towards the lender.

15. The conditions and terms regulating issuance and use of PNB Credit Cards were integrated herein by resource and made an intrinsic component hereof.

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