PNB MasterCard Site. 1. The Convert-to-Cash Promo is open to all active main PNB-issued charge cards in a good credit score standing leaving out Corporate and Distribution notes

PNB MasterCard Site. 1. The Convert-to-Cash Promo is open to all active main PNB-issued charge cards in a good credit score standing leaving out Corporate and Distribution notes

2. Promo stage was from March 1, 2016 to Sep 30, 2016.

3. All C2C programs become susceptible to PNB’s credit score rating evaluation and acceptance.

4. the quantity to be converted must a minimum of Php 10,000. Add-on costs as found below:

5. the sum total installment purchases produced throughout the PNB mastercard including interest should never go beyond 80per cent from the cardholder’s credit limit or readily available credit limit, whichever is lower, at the time of C2C software. In case there are inadequate credit limit, PNB has the sole discretion to ascertain and agree best a portion associated with the amount to be applied for.

6. to check out her available credit limit for sales, cardholders may phone the 24/7 Customer Service at 818-9-818 or toll free at 1-800-10-818-9-818.

7. Cardholder can avail of the promo via:

a. Over-the-Counter: explore any PNB participating branch in the united kingdom add a totally brimming application form. Profits will likely be launched in funds or paid to PNB accounts.

b. Over-the-Phone: contact the 24/7 customer care at 818-9-818 or toll free at 1-800-10-818-9-818. Proceeds might be paid to PNB or non-PNB levels.

8. The deposit levels must certanly be for the term regarding the C2C individual. For Credit to PNB account, the accepted C2C principal quantity will probably be paid to the present Account or Peso Savings Account given inside the application. For credit score rating to non-PNB profile, PNB shall issue a Manager’s Cheque (MC) payable when you look at the name with the cardholder. The MC will be transferred on non-PNB Peso membership showed from the form.

9. There’ll be an operating fee of P300 for virtually any authorized C2C program, getting billed towards the cardholder’s mastercard profile.

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

11. All C2C demands shall maybe not make reward factors.

12. If there is very early firing, PNB shall impose a five percentage (5%) dealing with paid about remaining unpaid installment quantity or Php 500, whichever is actually higher. The delinquent utter levels and the appropriate charges will be posted back as standard directly exchange.

13. The monthly amortization paperwork the main minimum amount because of in declaration of membership (SOA). Should the cardholder decide to pay only the minimum levels due or any quantity underneath the complete amount due, merely some of this C2C shall be regarded as settled. The outstanding part of the monthly amortization will probably be susceptible to regular money costs.

14. Cardholder acknowledges his/her obligation to PNB for any C2C recommended principal quantity which shall means section of his or her obligation with the lender.

15. The terms and conditions governing issuance and use of PNB Credit Cards are integrated herein by reference and made a built-in role hereof.

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