Balance Convert Special Rate

Convert outstanding balance on BDO Credit Cards to installment at 0.59% monthly add-on rate!

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 (+632) 8888-0000 or #8888-0000 (Domestic Toll Free) to apply

Term (months)	Factor Rate	Add-On-Rate Per Month	Effective Rate Per Annum
3	0.339233897	0.59%	10.59%
6	0.172568133	0.59%	12.04%
9	0.117011399	0.59%	12.57%
12	0.089237537	0.59%	12.83%
18	0.061456925	0.59%	13.02%
24	0.047570010	0.59%	13.06%
36	0.033679504	0.59%	12.97%
48	0.026738244	0.59%	12.82%
60	0.022569210	0.59%	12.64%

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

Sample Computation	PHP	USD
Total Amount for Balance Convert	PHP 20,000	USD 500
Term (months)	24	24
Factor Rate	0.047570010	0.047570010
Fixed monthly amortization**	PHP 951.40	USD 23.79

(Total Amount x Factor Rate = Monthly Amortization)

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

Quick access to Balance Convert Special Rate 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 Special Rate Promotion

Per DTI Fair Trade Permit No. FTEB-196956, Series of 2024