Metro Manila / Luzon
Visayas / Mindanao
Promotion is from August 1 – September 15, 2013.
The Buy Now Pay Later (BNPL) Zero Percent (0%) Express Payment Installment Plan promotion is open to all BDO American Express Cardmembers whose Credit Cards are in active status and in good credit standing.
The Zero Percent (0%) Express Payment Installment Plan* applies to single purchase with minimum amount of P 3,000*.
Zero Percent (0%) Express Payment Installment Plan is applicable if the Cardmember pays his/her monthly installment in full.
The first monthly installment due on Buy Now Pay Later installment transaction together with monthly interest and penalty charge, if any, will be billed to the Cardmember starting on the third (3rd) monthly billing statement cycle after transaction / purchase date. Succeeding monthly installments will be billed every month thereafter until the total amount payable is paid in full.
Merchant has the sole discretion on the term/s and the item/s applicable for the Zero Percent (0%) Express Payment Installment Plan offering.
For items not included in the 0% offer, the regular monthly add-on interest rates below apply:
| Term || Factor Rate || Add-on Rate |
| 3 || 0.353338 || 2.00% |
| 6 || 0.184669 || 1.80% |
| 9 || 0.128814 || 1.77% |
| 12 || 0.100838 || 1.75% |
| 18 || 0.075561 || 2.00% |
| 24 || 0.063170 || 2.15% |
| 36 || 0.050281 || 2.25% |
Approved amount of the BNPL installment transaction/s shall be deducted from the Cardmember’s credit limit.
BDO may, at its sole and absolute option, accommodate Cardmember’s request to accelerate the charging of the remaining unbilled monthly amortization/s on the BNPL Easy Pay In-store installment transactions, provided that the Cardmember’s total outstanding balance due for the pertinent monthly billing cycle is paid in full. A fee equivalent to 5% of the total remaining balance or Php 300, whichever is higher, will be charged to the Cardmember’s account. After BDO has approved the Cardmember’s acceleration, the total accelerated amount due and the corresponding fee shall form part of the total outstanding amount due for the pertinent monthly billing cycle and must be paid in full.
All transactions are subject to bank approval.
*Not applicable to American Express International Dollar Cards and Corporate Cards.
Per DTI-NCR Permit No. 7062, Series of 2013.