Credit Cards   | EastWest Practical MasterCard


The practical way to life's essentials!


UNIQUE BENEFITS AND FEATURES

Low Monthly Interest Rate

Why pay more? Your EastWest Practical MasterCard offers one of the lowest monthly interest rates at 2.99% 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.

top top


OTHER CARD FEATURES

Global Acceptance

As you travel within the Philippines and around the world, you may use your EastWest 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 ATM, over-the-counter at any  EastWest 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 Practical MasterCard and enjoy great savings and lighter monthly installment payments with the Balance Transfer Facility.

Click here for the Balance Transfer Facility Terms and Conditions.

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, Philam Life and PhilPlans, PLDT & MyDSL, Red Mobile, SKYCable/SkyBroadband/SkyVoice, 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 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 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 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.

top top


LOST CARD PROTECTION

You can report the loss of your EastWest 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 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 Practical MasterCard.

top top



EastWest Practical MasterCard
Annual Membership Fee*
Principal Card Supplementary Card
Php1,200 Php600
Finance Charge 2.99% per month for supermarket, drugstore and gasoline purchases (or 35.88% 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
Cash Advance Service
Fee & Finance Charge
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.
Cash Advance
Over-the-Counter Fee
A fee of P500 will be charged for cash advance transactions availed over-the-counter at EastWest branches in addition to the Cash Advance Service Fee and applicable Finance Charge.  The proceeds of the over-the-counter cash advance transaction shall be net of the Over-the-Counter Fee.
Late Payment Charge 7.50% of the minimum payment due or Php500, 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 Php1,000 for every returned check
Retrieval Fee 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
Card Replacement
Fee
P400 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's foreign currency conversion fee of 2.50% at the time the transaction is posted.
Gambling and Gaming Fee A 3.50% service fee shall be charged on gaming/gambling transactions and/or transactions made at gaming/gambling establishments, including the placement of wagers, purchase of lottery tickets or other values in conjunction with any gaming or gambling activities.
Multiple Payment Fee Cardholders are allowed a maximum of three (3) payment transactions in non-EastWest payment channels within a statement cycle. A Php40 fee will be charged for each EastWest Credit Card payment made after the 3rd payment transaction. Payments made in EastWest channels will not incur any charges.
Installment
Pre-Termination
Processing Fee
5% of the remaining principal balance or Php500, whichever is higher
Closed Card Account
Service Fee
For Closed Card Accounts which have credit balances, the cardholder shall make the appropriate arrangement with EastWest to collect the credit balance within three (3) months from the date when the Card Account is closed. Otherwise, EastWest shall deduct from such credit balance a monthly service fee of Php200 to cover for administrative costs incurred by EastWestin maintaining the cardholder's account.
Minimum Payment
Due Computation
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.
Finance Charge
Computation
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.

*With options to pay Annually, Quarterly or Monthly

 top