PNB MasterCard Site. 1. The Convert-to-Cash Promo are open to all effective principal PNB-issued credit cards in good credit standing excluding business and circulation Cards

PNB MasterCard Site. 1. The Convert-to-Cash Promo are open to all effective principal PNB-issued credit cards in good credit standing excluding business and circulation Cards

2. Promo course are from March 1, 2016 to Sep 30, 2016.

3. All C2C applications were susceptible to PNB’s credit score rating assessment and endorsement.

4. the quantity to-be transformed must at the least Php 10,000. Add-on costs as shown below:

5. the full total installment transactions generated from the PNB Credit Card including interest should never exceed 80percent associated with cardholder’s credit limit or readily available borrowing limit, whichever is lower, during C2C application. In the eventuality of insufficient borrowing limit, PNB comes with the only discretion to find out and agree merely part for the amount to be employed for.

6. to check out their particular offered credit limit for conversion, cardholders may phone the 24/7 Support Service 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: see any PNB participating branch in the nation add an absolutely brimming application form. Profits are going to be introduced in earnings or paid to PNB levels.

b. Over-the-Phone: Call the 24/7 Support Service at 818-9-818 or toll free at 1-800-10-818-9-818. Proceeds are going to be paid to PNB or non-PNB account.

8. The deposit levels needs to be for the label associated with the C2C client. For Credit to PNB levels, the authorized C2C key quantity will be credited to the Current Account or Peso bank account given in the form. For credit score rating to non-PNB profile, PNB shall question a Manager’s Cheque (MC) payable within the identity associated with the cardholder. The MC will probably be placed on the non-PNB Peso profile suggested throughout the application form.

9. you will see a handling charge of P300 for virtually any authorized C2C software, getting recharged toward cardholder’s credit card account.

10. The C2C quantity, including the applicable interest, will probably be ear-marked from cardholder’s available credit limit at the time of the acceptance.

11. All C2C desires shall not obtain reward things.

12. in the event of very early termination, PNB shall enforce a five per cent (5per cent) dealing with fee based on the leftover delinquent installment quantity or Php 500, whichever try higher. The outstanding complete quantity and the appropriate costs will be published straight back as routine straight transaction.

13. The monthly amortization paperwork the main minimum amount due when you look at the declaration of membership (SOA). If the cardholder choose to pay only minimal levels because of or any levels beneath the overall levels due, only a percentage from the C2C will be regarded settled. The unpaid portion of the month-to-month amortization will probably be subject to standard fund costs.

14. Cardholder acknowledges their obligation to PNB when it comes to C2C authorized principal amount which shall develop part of his or her obligation into the lender.

15. The stipulations overseeing issuance and rehearse of PNB bank cards include integrated herein by reference and made an intrinsic component hereof.

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