Credit card ยท Bank of Commerce
Bank of Commerce Cash Installment Card
The Bank of Commerce Cash Installment Card enables you to get cash easily whenever you need it. Enjoy flexible monthly installments of up to 36 months at a low monthly effective interest rates. This card gives you the option to re-avail cash with no need to re-apply as the credit limit is replenished upon the posting of payment.
Highlights
- With an option to pay at a low monthly effective interest rate
- Cash Loan Re-availment
- Higher Cash Loan Limit
Overview
| For | Resident Filipino individual |
|---|---|
| Work | Employed - Private Sector, Employed - Government, Self - Employed, Professional |
| Minimum annual income | ₱600,000 |
| Main card: age | 23 to 60 years old |
| Main card: annual fee | ₱2,400 |
| Interest | 2% a month |
| Cash advance interest | 0% a month |
| Late fee | PHP1,000.00 or the unpaid minimum amount due, whichever is lower |
| Returned check fee | PHP1000.00 |
| Charge slip retrieval fee | PHP300.00 for local and USD6 for overseas purchases. |
| Card replacement fee | PHP300.00 for lost card, and PHP200.00 for damaged card |
Features
| Rating | 10 of 10 |
|---|
- Cash loan availment with a low monthly interest rate 1.25% for 12 months, 1.59% for 24 months, and 1.75% for 36 months.
- Zero Monthly Installment can be use at selected shops/establishments that is payable in 3 to 36 months.