EastWest Bank | Credit Cards | EastWest Bank Credit Card Tuition Buddy

Credit Cards - Tuition Buddy Promo

Fulfill your child's dream
with Tuition Buddy's 0% interest

Apply Now!
Promo period is from April 1 to June 30, 2009 only

EastWest Bank MasterCard

Benefits & Features

•

Tuition Buddy Rate Table

Payment Term	Monthly Add-on rate	Factor Rate	Effective Annual Rate
Php 3,000 to Php 49,999
6 months	1.75%	0.184167	35.15%
12 months	0.99%	0.093233	21.25%
18 months	1.20%	0.067556	25.74%
24 months	1.10%	0.052667	23.59%

Payment Term	Monthly Add-on rate	Factor Rate	Effective Annual Rate
Php 50,000 & Above
6 months	1.75%	0.184167	35.15%
12 months	0.00%	8.28% Processing Fee	N/A
18 months	1.20%	0.067556	25.74%
24 months	0.99%	0.051567	21.37%

•

How to compute for your monthly amortization:

12 months at 0%
Amount to be applied	Php 50,000.00
Monthly Installment (50,000 ÷ 12)	Php 4,166.67
one time Processing Fee (50,000 x 8.28%)	Php 4,140.00

24 months at 0.99%
Amount to be applied	Php 50,000.00
Multiply by: Factor rate (i.e. 24 months)	0.051567
Monthly Installment	Php 2,578.35

Per DTI-NCR Permit No.1419, Series of 2009

Adobe Acrobat Reader
You can download the latest version
by going to http://www.adobe.com