Transaction Conversion 2020 - Summer Campaign

Program Mechanics:

1. The Transaction Conversion Program is open to all active principal PNB-issued Credit Cards in good credit standing excluding Corporate and Distribution Cards.

2. Promo period is from January 15, 2020 until June 5, 2020.

3. PNB shall have the absolute and exclusive right to approve or reject the Transaction Conversion request.

4. Request must be submitted within the promo period to qualify for the promo rates.

5. Qualified transactions are all straight retail foreign, local, and online transactions. Quasi-cash/ casino
gaming transactions, service merchant transactions (gasoline, supermarket, and drugstores), Installment transactions (ZAPP, Balance Transfer, Convert-To-Cash, and Transaction Conversion) and ATM transactions (cash advance, utility bills payment, etc.) are excluded from this promotion.

6. Foreign currency transactions will be converted into peso using the credit card rate of the day when the Transaction Conversion application is processed.

7. The amount to be converted should be a minimum of Php 3,000 for 3 and 6-month terms and Php 10,000 for 12, 18, and 24-month terms. Add-on rates as shown below:

Terms Add-On Rate Factor Rate Effective Interest Processing Fee
Php 300.00

   *Cardholders may combine transactions to reach the required minimum amount.
   ***Php 3,000.00 minimum for 3 and 6 months.
   ****Php 10,000 minimum for 12, 18, and 24 months.
   *****A maximum of Php 30,000.00 for the three (3) month term.

8. Only new transactions on the latest Statement of Account (SOA) are eligible for conversion. Transactions that have formed part of the cardholder’s revolving balance are no longer eligible for conversion.

9. Cardholders may apply as soon as the transaction has been posted but not later than 5 banking days before due date of the latest Statement of Account (SOA). To apply, cardholders may call 24/7 Customer Service at (+632) 8818-9818 or DTF 1800-10-818-9-818 and request for Transaction Conversion. Requests received beyond the Statement of Account’s due date will no longer be accommodated.

10. The amount to be converted to installment should be the entire transaction posted on the Cardholder’s SOA.

11. Transaction Conversion monthly installments will not earn points.

12. Themonthlyinstallmentamountshallbepostedasregulartransactiononthecreditcardaccountand
shall form part of the total outstanding balance. 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 regular finance charges.

13. In case of early termination, PNB shall impose a 5% processing fee based on the remaining unpaid principal amount of Php 500.00 whichever is higher. The total unpaid amount plus the applicable fees shall be posted back as regular straight transaction.

14. The cardholder acknowledges his/her liability to PNB for all converted transactions and agrees that these will form part of his/her obligation to PNB.

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

Click here to view Transaction Conversion Request Form.

Per DTI Fair Trade Permit No. FTEB 00151 Series of 2020.

PNB Cards 24/7 Hotline (+632) 8818 9818 / DTF 1800 10 818 9 818.
PNB is regulated by the Bangko Sentral ng Pilipinas /

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PNB Mastercard

PNB Credit Cards is located at:

PNB Financial Center
8/F Cards Banking Solutions Group
Pres. Diosdado Macapagal Blvd.,
Pasay City, Philippines
TEL: (+632) 8818-9-818 / DTF 1800-10-818-9-818

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