UNIQUE BENEFITS AND FEATURES
Lowest Monthly Interest Rate
- 2.25% for supermarket, gasoline and drugstore purchases
- 2.75% for other purchases
Lightest Monthly Payment
You only need to pay the minimum payment due which is only equivalent to 3.5%
of your total outstanding balance or Php200, whichever is higher.
Flexible Membership Fee Payment Option
Choose how you want to pay for your membership fee – annually, semi-annually, quarterly or monthly.
Longest Credit Terms
Enjoy up to maximum of 54 days credit from the transaction date to payment due date
at 0% interest if previous outstanding balance is paid in full.
Everyday Essentials Rewards
Every Php50 charged to your EastWest Bank Practical Card will earn you 1 Rewards point.
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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 Credit Card
in more than 29 million establishments worldwide, in over 300 countries wherever MasterCard is accepted.
Billings and Payments in Philippine Peso
All your purchases, whether local or international, shall be paid in Philippine Peso to allow you to
keep your foreign currency intact.
Easy Repayment Terms
You have the option to pay the total amount due, the minimum payment due, or any amount in between on
your payment due date.
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).
Installment Facilities
Enjoy as low as 0% interest on selected items and installment tenors at participating merchants.
You may also transfer balances from other credit cards 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 Philam
insurance premiums: Globe, Meralco, PLDT & MyDSL, SKYCable, Smart & Smart Bro, Philamlife and Philam Plans.
Simply enroll in the Quick Bills Facility and your bills or insurance premiums will be automatically charged
to your EastWest Bank Practical Credit Card. This means no more rushing to payment centers and waiting in long lines.
Plus, earn double Rewards Points for every Php100 of Philam insurance premiums auto-charged through the Quick Bills
Facility.
Supplementary Cards
You can share your spending privilege to up to 9 supplementary cardholders.
24-hour Customer Service Hotline IVRS
Call 888-1700 for any card inquiries or to report a lost card. EastWest Bank Customer Service Hotline’s IVRS
is available 24 hours a day, 7 days a week.
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 Credit Card anytime, anywhere through our 24-hour Lost Card 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 Credit Card 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 Credit Card.
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SUMMARY OF FEES AND CHARGES
| Annual Membership Fee |
|---|
|
Terms of Payment |
Silver Card |
Gold Card |
| |
Principal |
Supplementary |
Principal |
Supplementary |
| Annual (1x) |
Php1000 |
Php500 |
Php2000 |
Php1000 |
| Semi-Annual (2x) |
Php500 |
Php250 |
Php1000 |
Php500 |
| Quarterly (4x) |
Php250 |
Php125 |
Php500 |
Php250 |
| Monthly (12x) |
Php85 |
Php42 |
Php170 |
Php85 |
|
| Other Fees and Charges |
|---|
| Finance Charge |
2.25% per month for supermarket, drugstore and gasoline purchases (or 27% effective rate annually), computed based on average daily balance |
| 2.75% per month for other purchases (or 33% effective rate annually), computed based on average daily balance |
| Cash Advance Service Fee |
5% of the availed amount |
| Cash Advance Over-the-Counter Fee |
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. |
| Late Payment Fee |
7.50% of the minimum payment due or Php300, whichever is higher |
| Over Credit Limit Fee |
Php500 will be charged whenever the outstanding balance exceeds the prescribed credit limit within the billing period |
| Returned Check Fee |
Php500 for every returned check |
| Retrieval Fee |
Php200 for the retrieval of each retail/installment and mail-order/telephone-order charge slip;
Php 1,250 for the retrieval of each travel and entertainment charge slip
|
| Card Replacement Fee |
Php200 for every card replacement |
| Foreign Currency Conversion Fee |
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 |
| Installment Pre-Termination Processing Fee |
5% of the remaining principal balance or Php500, whichever is higher |
| Closed Card Account Service Fee |
For Closed Card Account which have credit balances, the cardholder shall make the appropriate
arrangements 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 the maintaining
the cardholder's account.
|
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