PNB MasterCard Portal

Promo Mechanics: 

1. The Convert-to-Cash (C2C) promo is open to all active principal PNB-issued credit cards in good credit standing excluding Business, Corporate and Distribution Cards.  

2. Promo period is December 29, 2020 to February 28, 2021.

3. PNB shall have absolute and exclusive right to approve or reject the Convert to Cash request, with or without justifiable reason/s. In case of a rejection of the request, PNB is under no obligation to notify the cardholder of the said rejection and the reasons thereof.

4. The minimum amount required for availment is P5,000 across all terms. Below are the rates:  

5. C2C application will be processed within 5-7 banking days.

6. In case of insufficient credit limit, PNB has the sole discretion to determine and approve only a portion of the amount to be applied for.

7. Proceeds of C2C application can be availed through the following channels:

a. Credit to PNB Account. PNB shall credit the approved C2C principal amount to the Peso Current / Savings Account specified in the Application Form. The account must be under the name of the C2C applicant. The account name and the cardholder's name in the PNB Credit Card database must be exactly the same.

b. Credit to non-PNB Account. PNB shall credit the approved C2C principal amount to the non-PNB account specified in the Application Form via Online Fund Transfer. The account must be under the name of the C2C applicant. The account name and the cardholder's name in the PNB Credit Card database must be exactly the same.

8. A processing fee of P200 shall be charged for every approved application.

9. The total installment transactions made on the PNB Credit Card inclusive of interest must not exceed cardholder’s available credit limit at the time of C2C application. In case of insufficient credit limit, PNB has the sole discretion to determine and approve only a portion of the amount to be applied for.

10. The C2C amount (inclusive of the applicable interest) shall be earmarked from the cardholder's available credit limit at the time of approval.

11. All C2C requests shall not earn rewards points.

12. The monthly installment amount shall be posted as a regular transaction on your credit card account and shall form part of the total amount due. Should the Cardholder choose to pay only a portion of the minimum amount due but not less than the minimum amount due, the monthly installment shall be subject to the regular finance charges.

13. Cardholder may request to charge the full amount of the remaining unbilled amortization subject to PNB’s approval. A processing fee of 5% of the total balance or Php 500, whichever is higher, shall be charged to the cardholder’s account. The unpaid total installment amount plus the applicable fees will form part of the outstanding balance and subject to monthly finance charge.

14. Failure to pay two (2) consecutive minimum amount dues shall constitute default and the total outstanding balance shall immediately become due and demandable.

15. Cardholder acknowledges his/her liability to PNB for the Convert to Cash Request and will form part of the cardholder’s obligation to PNB.

16. The Terms and Conditions governing the issuance and use of PNB credit cards are incorporated herein by reference and made integral part hereof.

Click here to download the Convert-To-Cash application form.

Per DTI Fair Trade Permit No. FTEB-110823 Series of 2020.