Credit Cards Table of Fees & Charges and Sample Finance Charge Computation
Credit Cards Table of Fees & Charges and Sample Finance Charge Computation
Credit Cards Table of Fees & Charges and Sample Finance Charge Computation
Assessment fee of 1% plus service fee of 1.5% of the converted amount based on the prevailing foreign
Foreign Exchange Conversion Rate exchange rate of Mastercard/Visa/JCB/UnionPay/Diners Club International and BDO respectively at the time of the SAMPLE FINANCE CHARGE COMPUTATION
FOR CASH ADVANCE TRANSACTIONS
posting. The service fee may be imposed at the sole discretion of BDO and may be subject to change. OPENING BALANCE none
CASH ADVANCE TRANSACTION P 10,000
Installment Processing Fee 5% of the total remaining balance or P300, whichever is higher CASH ADVANCE FEE
MONTHLY EFFECTIVE INTEREST RATE (MEIR)
P500
3.50%*
TOTAL CASH ADVANCE OUTSTANDING
SOA Reprint Fee P30 or US$1.00 per SOA request MONTH DAYS PAYMENT INTEREST
FEE PRINCIPAL BALANCE
* First Supplementary Credit Card is FREE for Life Jan 31 - 343.00 500.00 10,843.00
** Finance charges will be imposed at the current interest rate on the unpaid Cash Advance balance (inclusive IMPORTANT REMINDERS Feb 28 (1,297.55) 691.15 - 10,236.60
of fees) from acquisition date until both the Cash Advance balance and its related charges are paid in full
If transacted at BDO Branches Over-The-Counter, a P500/US$10 fee will be added to the 5% Cash Advance Applicable MEIR will be imposed on the account if: Mar 31 (1,645.69) 356.78 - 8,947.69
*** fee
1. No payment was made on the Card on Payment Due Date, Apr 30 (1,311.33) 303.99 - 7,940.35
USD Fees and Charges are only applicable to cards with Dual Currency feature
2. Payment made was less than the Total Outstanding Balance May 31 (1,258.54) 276.90 - 6,958.72
Note: Interest rates are determined by BDO and are subject to change in accordance with prevailing market
stated in the Statement of Account (SOA), or Jun 30 (1,231.44) 234.93 - 5,962.21
rates. In case of conflict between the provisions of these reminders and the Terms and Conditions 3. There is a cash advance transaction. Jul 31 (1,189.48) 205.92 - 4,978.65
Governing the Issuance and Use of BDO Credit Cards, the latter shall prevail. All fees and charges are
To view the complete Terms and Conditions and for the complete definition of
subject to change upon notice. BDO reserves the right to re-impose waived fees/charges.
Statement of Account terms, visit www.bdo.com.ph Aug 31 (1,160.46) 170.58 - 3,988.77
Sep 30 (1,125.13) 131.73 - 2,995.37
Choose Your Payment Channels: When making credit card payments, please be reminded of the following: Oct 31 (1,086.28) 99.46 - 2,008.55
• BDO Branches • To pay at any BDO branch, present the upper portion of the statement and keep the machine validated copy as proof of Nov 30 (1,054.01) 62.92 - 1,017.47
• BDO eBanking* payment or you may accomplish a transaction slip and indicate the applicable Institution Code to ensure that payment
• BDO Phone Banking* Dec 31 (1,017.47) 28.49 - 28.49
will be properly posted to the account.
• Auto-Debit Arrangement (ADA) Payment Facility** Jan 31 (28.49) - - (0.00)
• BancNet Payment Type Institution Code
• Save More Market Branches Peso Payment to Peso Card 0800
Total (13,405.86) 2,905.86 500.00
• SM Bills Payment Counters Dollar Payment to Dollar Card 0802
Assumptions:
• Cardholder has no beginning balance on his first statement and makes a Cash Advance (CA)
For Dollar Charge Cards and accounts with Dual Currency feature, USD Peso Payment to Dollar Card 0803 transaction of P10,000 during the month
• Cash Advance Fee is computed as 5% of CA amount or P500 whichever is higher. Interest is computed
payments for your Dollar account/s are accepted only via: BDO Branches, on the Cash Advance and Cash Advance fee
BDO eBanking (USD account) and ADA Payment Facility (USD account). • For check payments*, please make the check payable to “BDO Unibank, Inc.”. Indicate the Account Name, Account • Payment assumption is that the Cardholder will pay the CA amount and CA Fee in 12 months as well as
all posted interest charges every statement cycle on or before due date
Number/Card Number and Contact Number at the back of the check. • EIR for Cash Advance will vary depending on the amount of transaction and number of cash advance
transactions made within the statement cycle
* Enrollment with BDO is required via www.bdo.com.ph • Pay at least the Minimum Amount Due on or before your Payment Due Date to avoid late payment charges.
** Enrollment via any BDO Branch
NOTE: Applicable MEIR will vary depending on the following:
* Normal banking regulations on the acceptance and clearing or collection of check payments apply. Post dated checks and foreign checks 1) Amount of transaction made within the statement cycle; 2) Depending on the Credit Card product*.
drawn on banks outside the Philippines are not accepted as payments.
BDO Unibank, Inc. is regulated by the Bangko Sentral ng Pilipinas: Tel. No. (02) 708-7087; Email: consumeraffairs@bsp.gov.ph BDO CORE: REVISED AS OF FEBRUARY 2019