PNB MasterCard Portal

Promo Mechanics

I. Qualification:

The Convert-to-Cash (C2C) Program is open to all principal PNB Credit Cardholders in good credit standing excluding Business, Corporate, Distribution, and Personal Installment Cards.

II. Promo Period and  Discount/Offer:

1. Promo period is from February 1, 2024 to May 31, 2024.

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

III. How to Avail of Discount/Offer:

To apply for the C2C promo, Cardholders may call PNB’s Customer Service Hotline at (+632) 8818 9818 or email using his/her registered email address at cbsg_cmtd@pnb.com.ph. In the email, indicate the following details: complete name, card number, and registered mobile contact number.

A PNB Telemarketing Specialist shall reach out to the Cardholder for confirmation of the request.

IV. Terms and Conditions:

1. 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.

2. The Cardholder shall be responsible for following up with PNB regarding the status of his/her application.

3. There will be a processing fee of Php 250 for every approved Convert-to-Cash application, to be automatically charged to the cardholder’s credit card account upon posting of first monthly installment.

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

5. 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.

6. Proceeds of C2C application can be released through the following:

• For 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.

• For non-PNB Account, PNB shall transfer the transaction amount to their declared bank account. The bank account name and the cardholder’s name in the PNB Credit Card database must be exactly the same.

7. The total installment transactions made on the PNB Credit Card inclusive of interest rate 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.

8. All C2C requests shall not earn rewards points.

9. The monthly installment amount shall be posted as 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 total amount due but not less than the minimum amount due, the monthly installment shall be subject to the regular finance charges.

10. A 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 remaining unbilled principal or Php 500, whichever is higher, shall be charged to the cardholder’s account. The remaining unbilled principal together with the interest for current month plus the applicable fees will form part of the outstanding balance and subject to monthly finance charge if not fully settled on or before the due date.

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

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

13. The Terms and Conditions governing the issuance and use of PNB Credit Cards are incorporated herein by reference and made an integral part hereof.

Per DTI Fair Trade Permit No. FTEB-184449 Series of 2024.