Convert recent purchases on BDO Credit Cards to installment at 0%  interest for 3 months term or 0.39% monthly add-on rate for 6 to 24-month terms!
 

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 0% 0%

6
0.170567259
 0.39% 7.98%

12

 0.087233675 0.39% 8.53%

18

 0.059455662 0.39% 8.69%

24

 0.045570123 0.39% 8.75%

 

 

To compute for the monthly amortization of 3 months term, simply divide the Purchase Convert amount by the term.

Sample Computation for an amount of P3,000 for 3 months term:

Purchase Convert amount / 3 months = Monthly Amortization**

P3,000 / 3 = P1,000 per month for 3 months

 

For other installment terms:

Sample Computation for a Purchase Convert amount of P20,000 for 24 months term:

Purchase Convert amount x Factor Rate = Monthly Amortization**

P20,000 x 0.045570123 = P911.40 per month for 24 months

 

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

 

APPLICABLE FEES

 

Installment Availment Fee
 
 
P250 for PHP transaction or
               USD10 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:

  1. PHP transactions must be charged to a BDO Credit Card.
  2. USD transactions must be charged to a BDO Dual Currency Credit Card or BDO American Express® International Dollar Cards.
  3. All transactions must meet the minimum single-receipt purchase of P3,000 for PHP or USD200 for USD.
  4. Availment must not be more than sixty (60) days from the transaction date. Processing time will take 5 banking days.
  5. 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 Zero

PURCHASE CONVERT ZERO

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