Convert statement balances on BDO Credit Cards to installment!

Rates:

Eligibility is determined by BDO at the time of Balance Convert application. Qualified Cardholders will receive Viber, SMS or email (from BDO Deals) about the Promo with the applicable rate. 

A reference code is required to process the Balance Convert application. If no reference code has been received or has expired, call BDO Customer Contact Center at (02) 8631-8000 or 1-800-106318000 (Domestic Toll Free) to apply.

 

Term
(months)

Factor Rate

Add-On-Rate
Per Month

Effective Rate
Per Annum

3

 0.343338077 1.00% 17.92%

6

 0.176667651 1.00% 20.29%

9

 0.121111407 1.00% 21.11%

12

 0.093334686 1.00% 21.46%

18

 0.065559120 1.00% 21.65%

24

 0.051670980 1.00% 21.58%

36

 0.037777833 1.00% 21.20%
48 0.030836753 1.00%

                                 20.76%
60 0.026666667 1.00%

20.31%

 

NOTE: For 48 to 60 months term, call BDO Customer Contact Center to apply.

 

Sample Computation   

PHP

USD

Total Amount for Balance Convert 

 PHP 10,000 USD 500

Term (months)

 24 24

Factor Rate

 0.051670980 0.051670980

Fixed monthly amortization*

 PHP 516.71 USD 25.84

 

                               Total Amount x Factor Rate = Monthly Amortization**

                                  **Above computation is presented as a guide to derive the monthly amortization.

Quick access to Balance Convert at 1% Calculator

APPLICABLE FEES

 

Installment Availment Fee

 

P250 for Peso account or USD10 for Dollar account

 

This will be charged for every approved Balance Convert application.
Installment Processing Fee 5% of the total remaining balance or P300 for Peso account or USD10 for Dollar account,  whichever is higher This will apply only to Installment Acceleration requests and will be charged after request has been approved.

 

NOTE: To avoid duplicate processing of Balance Convert request, please ensure that conversion request is made only
through one application channel. Application status will be sent via SMS using registered mobile number after 5
banking days.
 
Click here for the complete Promo Mechanics of Balance Convert at 1%

.

Balance Convert at 1%

All fields are mandatory