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Credit Cards - Convert to Installment
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- All cardholders in current and active status may convert new retail and cash advance transactions included in their latest statement of accounts (SOA).
- The cardholder must send the completely filled-out application form through fax at 325-2377.
- The minimum amount applied for conversion is Php 3,000.00, single or accumulated transactions, and must be within the cardholder's available credit limit at the time of availment.
- Allow five (5) working days from the time the completely filled-out application form is received by EastWest Bank to process the transaction. A text message through cellphone shall be sent to cardholders informing thier application status.
- In case of pre-termination, a 5% fee shall be imposed on the remaining balance.
- EastWest Bank shall have the absolute exclusive right to approve or reject Convert to Installment applications based on its internal policies or reasons it deems justifiable.
- Your monthly amortization will be computed as part of your minimum due.
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