1. The promo is open to all existing RCBC Bankard Principal and Supplementary cardholders (“Cardholders”) whose accounts are active and in good credit standing, excluding RCBC Bankard Union Pay, Corporate, and Dollar credit cards.
2. Featured items are available from from May 15 to June 30, 2017.
3. Promo offer is applicable to installment credit card transactions only.
4. During the promo period, RCBC Bankard shall offer the following at Abenson:
Easyterms 0% interest Installment
RCBC Bankard cardholders can pay their transactions in installment on select items at 0% interest for a minimum single-receipt purchase of P3,000.00.
Buy Now Pay Later
RCBC Bankard credit cardholders have the option to charge their 0% installment transaction on Buy Now Pay Later “BNPL” scheme wherein the first monthly amortization will be posted to the cardholder’s third cut-off date. Succeeding amortizations shall be billed every month thereafter until full transaction amount is paid in full.
5. The offer cannot be exchanged for cash, gift certificates, privileges, rewards and/or other items/products other than the offers indicated above and cannot be availed of with other ongoing promotions of RCBC Bankard & Abenson.
6. Promo offer should be given instantly in the branch where the purchase was made.
7. Any dispute concerning the promo offer and service shall be settled directly between the Cardholder and Abenson.
8. In case of dispute in respect of RCBC Bankard only and the customers’ eligibility and availment of promo, the decision of RCBC Bankard with the concurrence of DTI shall be considered final. However, if dispute involves Abenson and its performance and/or delivery of services and/or products to customers, subject to the Promo Mechanics stated above, the decision of RCBC Bankard and Abenson with the concurrence of DTI shall be considered final.
Per DTI- FTEB Permit 5043, Series of 2017
EASYTERMS 0% INSTALLMENT TERMS & CONDITIONS
- Qualified cardholders may avail of the Easyterms 0% interest for a minimum single purchase worth P3,000.
- Easyterms 0% interest is applicable if the cardholder pays his/her monthly installment in full.
- RCBC Bankard Easyterms 0% Installment is subject to RCBC Bankard’s approval.
- RCBC Bankard credit cardholders have the option to charge their 0% installment transaction on Buy Now Pay Later “BNPL” scheme wherein the first monthly amortization will be posted to the cardholder’s third cut-off date. Succeeding amortizations shall be billed every month thereafter until full transaction amount is paid in full.
- Easyterms 0% installment merchant partners have the sole discretion over the term/s, item/s, minimum spend requirement and availability of BNPL applicable for the 0% interest offering.
- The approved installment transaction is automatically deducted from the cardholder’s available regular credit limit.
- If cardholder decides to pay the installment plan in full before maturity, a pre-termination fee of Php500.00 or 5% of the unpaid principal amount, whichever is higher, will be charged.