The practical way to life's essentials!
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UNIQUE BENEFITS AND FEATURES
Low Monthly Interest Rate
Why pay more? Your EastWest Bank Practical MasterCard offers one of the lowest monthly interest rates at 2.75% for basic purchases from supermarkets, drugstores and gasoline stations and 3.49% for other purchases.
Lightest Monthly Payment
You only need to pay the minimum payment due on your payment due date which is only equivalent to 3.5%
of your total statement balance or Php200, whichever is higher.
You may also pay in full or any amount in between your total statement balance and minimum payment due. Should you opt to pay an amount less than your total statement balance, a finance charge will be applied.
Flexible Membership Fee Payment Option
Choose how you want to pay for your membership fee – annually, quarterly or monthly.
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OTHER CARD FEATURES
Global Acceptance
As you travel within the Philippines and around the world, you may use your EastWest Bank Practical MasterCard
in more than 29 million establishments, in over 300 countries wherever MasterCard is accepted.
Billings and Payments in Philippine Peso
All your purchases, whether local or international, shall be billed and paid in Philippine Peso to allow you to
keep your foreign currency intact.
Cash Advance Facility
Get cash advances of up to 50% of your credit limit at any EastWest Bank ATM, over-the-counter at any
EastWest Bank branch nationwide or at any ATM displaying the MasterCard and Cirrus logos. Cash advances
can be availed using your unique Cash Advance Personal Identification Number (PIN) and a finance charge will be imposed from the date of availment to the date of full settlement or payment.
Installment Facilities
Enjoy as low as 0% interest on selected items and installment tenors at participating merchants.
Transfer your other credit card balances to your EastWest Bank Practical MasterCard and enjoy great savings and lighter monthly
installment payments with the Balance Transfer Facility.
What’s more, with the Convert-to-Installment Facility, you have the option to convert your high-ticket,
shopping and travel expenses to installment payable in 6, 12, 18 or 24 easy payment terms at low monthly
add-on interest rates.
Quick Bills Facility
Take advantage of the most convenient way to pay for your utility and telecommunication bills, and
insurance premiums: Bayantel, Digitel, Globe, Meralco, Philamlife and Philam Plans, PLDT & MyDSL, Red Mobile, SKYCable, Smart & Smart Bro and Sun Cellular. Simply enroll in the Quick Bills Facility and your bills or insurance premiums will be automatically charged
to your EastWest Bank Credit Card. This means no more rushing to payment centers and waiting in long lines.
Click here to know more about the Quick Bills Facility.
Supplementary Cards
Share your spending privileges with your loved ones by giving them Supplementary EastWest Bank Credit Cards. You can request up to 9 supplementary cards. At your option, you may also assign a sub-limit for each supplementary card to better manage your finances.
Click here to apply for an EastWest Bank Supplementary Card.
24-Hour Customer Service Hotline
Call 888-1700 for any card inquiries or to report a lost card.
The above card features are subject to applicable terms and conditions.
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LOST CARD PROTECTION
You can report the loss of your EastWest Bank Practical MasterCard anytime, anywhere through our 24-Hour Customer Service Hotline
at 888-1700 which you can call collect. In the U.S., you may also call our Toll-Free Hotline at 1-866-828-6296.
You will be free of any financial liability from fraudulent charges made on your EastWest Bank Practical MasterCard from the
time you reported the loss.
For billing addresses within Metro Manila, replacement cards will be released for delivery within 3 banking
days from the time the card was reported lost. While for addresses outside Metro Manila, replacement cards
will be released for delivery within 7 banking days from the time the card was reported lost. A card replacement
fee of Php200 shall be charged to your EastWest Bank Practical MasterCard.
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FEES AND CHARGES
| EastWest Bank Practical MasterCard
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| Annual Membership Fee*
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| Principal Card |
Supplementary Card |
| Gold |
Classic |
Gold |
Classic |
| Php2,000
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Php1,000
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Php1,000
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Php500
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| Finance Charge
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2.75% per month for supermarket, drugstore and gasoline purchases (or 33% effective rate annually), computed based on average daily balance; 3.49% per month for other purchases (or 41.88% effective rate annually), computed based on average daily balance
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Cash Advance Service
Fee & Finance Charge
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1% of the cash advance amount or Php500, whichever is higher; and 3.49% finance charge imposed on the cash advance amount, which shall accrue from the date of availment until full settlement or payment.
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Cash Advance
Over-the-Counter Fee
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A fee of Php100 will be charged for cash advance transactions availed over-the-counter at EastWest Bank branches in addition to the cash advance service fee. The proceeds of the over-the-counter cash advance transaction shall be net of the over-the-counter fee.
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| Late Payment Charge
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7.50% of the minimum payment due or Php300, whichever is higher
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| Over Credit Limit Fee
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Php500 will be charged whenever the outstanding balance exceeds the prescribed credit limit within the billing period.
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| Returned Check Fee
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Php1,000 for every returned check
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| Retrieval Fee
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Php200 for the retrieval of each retail/installment and mail-order/telephone-order charge slip; Php1,250 for the retrieval of each travel and entertainment charge slip
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Card Replacement
Fee
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Php200 for every card replacement
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Foreign Currency
Conversion Fee
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Transactions made in foreign currencies/merchants shall be automatically converted to Philippine Pesos at the MasterCard currency conversion rate plus EastWest Bank's foreign currency conversion fee of 2.50% at the time the transaction is posted.
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Installment
Pre-Termination
Processing Fee
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5% of the remaining principal balance or Php500, whichever is higher
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Closed Card Account
Service Fee
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For Closed Card Accounts which have credit balances, the cardholder shall make the appropriate arrangement with EastWest Bank to collect the credit balance within three (3) months from the date when the Card Account is closed. Otherwise, EastWest Bank shall deduct from such credit balance a monthly service fee of Php200 to cover for administrative costs incurred by EastWest Bank in maintaining the cardholder's account.
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Minimum Payment
Due Computation
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Your Statement of Account shall show your Minimum Payment Due composed of the following: (a) past due amount; (b) 3.5% of your total statement balance inclusive of all fees and charges and monthly installment/s, if any, but exclusive of any unbilled installment amount; and (c) any amount in excess of your credit limit. The Minimum Payment Due is the sum of (a), (b) and (c); or Php200, whichever is higher.
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Finance Charge
Computation
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At every billing cycle, you have the option to pay the total statement balance, the minimum payment due, or any amount in between. A Finance Charge will be imposed should you choose not to pay the Total Statement Balance on or before the payment due date as set out in your Statement of Account. The Finance Charge is based on your Average Daily Balance (ADB) computed from transaction date for cash advance, credits/payments and retail transactions/monthly installments/fees until the next cycle cut-off. Any Finance Charge due but unpaid shall form part of the principal balance and will continue to earn Finance Charges.
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*With options to pay Annually, Quarterly or Monthly
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