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Give in to your urge to splurge. Convert your purchase to installment at low rates.
No need to worry about your new purchase. You can shop 'til you drop and convert your purchases for 6, 12, 18, or 24 months.
Simply fill-out the form on the right completely and fax to 325-2377.
Convert to Installment Application Form : [ Size: 192kb - Format: pdf ]
| Payment Term |
Monthly Add-on Rate |
Factor Rate |
Effective Annual Rate |
| 6 mos |
1.0% |
0.176667 |
20.29% |
| 12 mos |
1.0% |
0.093333 |
21.46% |
| 18 mos |
1.2% |
0.067556 |
25.74% |
| 24 mos |
1.2% |
0.053667 |
25.59% |
•
How to compute your monthly amortization:
Amount to be applied
Multiply by: factor rate (i.e. 12 months)
Monthly Amortization
|
Php 10,000.00
0.093333
Php 933.33/mo.
|
- All cardholders in current and active status may convert new retail and cash advance transactions included in the latest statement of accounts (SOA).
- The cardholder must send the completely filled-out application form and the latest statement of accounts (SOA) through fax at 325-2377.
- The minimum amount required per transaction is P3,000.00, single or accumulated, 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's Customer Service, to process the transaction
- A pre-termination fee of 5% based on the remaining balance to be paid shall be imposed in case of pre-termination.
- 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. Cardholders will be informed of their application status through text within five (5) working days.
Got questions?
Email: cards@eastwestbanker.com
Text: EWBCS<space><your message> to 2327 for Globe or to (0917) 890-2327 for other networks
Call: 888-1700
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