PNB MasterCard Portal. 1. The Convert-to-Cash Promo is prepared for all active principal PNB-issued credit cards in good credit standing leaving out Corporate and circulation Cards

PNB MasterCard Portal. 1. The Convert-to-Cash Promo is prepared for all active principal PNB-issued credit cards in good credit standing leaving out Corporate and circulation Cards

2. Promo duration is from March 1, 2016 to Sep 30, 2016.

3. All C2C programs tend to be at the mercy of PNB’s credit score rating review and endorsement.

4. the quantity are switched need at the least Php 10,000. Add-on rate as found below:

5. the whole installment transactions produced from the PNB charge card including interest mustn’t surpass 80% in the cardholder’s borrowing limit or readily available credit limit, whichever is leaner, at the time of C2C software. If there is insufficient borrowing limit, PNB provides the single discretion to determine and agree merely part of the total be reproduced for.

6. To inquire about their own offered borrowing limit for conversion, cardholders may contact 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: consult any PNB participating part in the nation to submit a totally filled application form. Profits can be revealed in cash or credited to PNB levels.

b. Over-the-Phone: name the 24/7 Support Service at 818-9-818 or toll free at 1-800-10-818-9-818. Profits should be paid to PNB their website or non-PNB levels.

8. The deposit account ought to be during the label of this C2C individual. For credit score rating to PNB accounts, the accepted C2C main levels will be paid to the present accounts or Peso family savings given inside the Application Form. For credit score rating to non-PNB accounts, PNB shall question a Manager’s Cheque (MC) payable in the term from the cardholder. The MC will probably be deposited towards the non-PNB Peso profile shown regarding the application form.

9. There are an operating charge of P300 for every accepted C2C application, to get recharged with the cardholder’s mastercard accounts.

10. The C2C amount, including the appropriate interest, will probably be ear-marked from the cardholder’s available credit limit during the acceptance.

11. All C2C desires shall maybe not obtain reward things.

12. in case there are early cancellation, PNB shall impose a five % (5percent) managing fee based on the continuing to be delinquent installment levels or Php 500, whichever is higher. The delinquent utter quantity in addition to the relevant costs shall be uploaded back once again as routine straight exchange.

13. The month-to-month amortization kinds the main minimal amount because of inside the Statement of accounts (SOA). Should the cardholder decide to only pay the minimum amount due or any amount below the total amount due, only a percentage regarding the C2C will probably be considered settled. The delinquent portion of the monthly amortization will probably be at the mercy of routine finance expense.

14. Cardholder acknowledges their responsibility to PNB for the C2C approved primary quantity which shall create part of their obligation on the financial.

15. The conditions and terms regulating issuance and employ of PNB Credit Cards is integrated here by reference making an integral parts hereof.

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