Purchase Convert Low Rate

Convert recent purchases on BDO Credit Cards to installment at 0.49% monthly add-on rate!

Rates:

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

Term (months)	Factor Rate	Add-On-Rate Per Month	Effective Rate Per Annum
3	0.338234129	0.49%	8.80%
6	0.171571251	0.49%	10.02%
12	0.088237124	0.49%	10.69%
18	0.060458437	0.49%	10.87%
24	0.046570705	0.49%	10.92%

Sample Computation	PHP	USD
Total Amount for Purchase Convert	PHP 20,000	USD 800
Term (months)	24	24
Factor Rate	0.046570705	0.046570705
Fixed monthly amortization**	PHP 931.41	USD 37.26

Purchase Convert Amount x Factor Rate = Monthly Amortization**

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

Quick access to Purchase Convert Low Rate Calculator

APPLICABLE FEES

Installment Availment Fee

P100 for PHP transaction or

USD5 for USD transaction.

This will be charged for every approved Purchase Convert transaction.

Installment Processing Fee

5% of the total remaining balance or P300 for PHP-denominated transactions or USD10 for USD-denominated transactions, whichever

is higher

This will apply only to Installment Acceleration requests and will be charged after request has been approved.

Transactions must meet the following conditions to qualify for the promo:

a) PHP transactions must be charged to a BDO Credit Card.

b) USD transactions must be charged to a BDO Dual Currency Credit Card or BDO American Express® International Dollar Cards.

c) All transactions must meet the minimum single-receipt purchase of P3,000 for PHP or USD200 for USD.

d) Availment must not be more than sixty (60) days from the transaction date. Processing time will take 5 banking days.

e) Supplementary and Virtual Card transactions may be converted to installment provided that application will be requested by the Principal Cardholder.

Qualified Cardholders may apply for multiple transactions for Purchase Convert, subject to individual form submission for every application.

NOTE: To avoid duplicate processing of Purchase Convert request, please ensure that transaction conversion request is made only through one application channel. Application status will be sent to registered mobile number via SMS after five (5) banking days.

Click here for the complete Promo Mechanics of Purchase Convert Low Rate Promotion.