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Exemplary Services
Fees and Charges
Annual Membership Fees
| Card Brand |
Principal |
Extension |
| Peso |
P3,600 |
P1,800 |
Revolving Interest Rate
A revolving interest rate of 3.5% per month will be charged to your outstanding balance when you pay only the Bankard Installment Minimum or 5% of your total outstanding balance.
Late Payment Charges
A service charge of 7% or P200, whichever is higher, will be charged to your past due balances.
Cash Advance Service Fee
A cash advance fee of 5% of the amount withdrawn or P200, whichever is higher, will be charged for every cash advance made.
Lost Card Replacement Fee
For every lost card, a replacement fee of P500 is automatically charged to the principal and/or extension.
Bankard Installment Interest Rates Table
Payment Term
(no. of months) |
Installment Interest
(per month) |
Balance Transfer Installment
Rates
(per month)
|
3 |
2.020% |
1.680% |
6 |
1.946% |
1.488% |
9 |
1.882% |
1.583% |
12 |
1.894% |
1.564% |
18 |
2.184% |
1.715% |
24 |
2.392% |
2.061% |
30 |
2.626% |
2.450% |
36 |
2.883% |
2.695% |
RCBC Bankard Black Card Platinum MasterCard Peso/Dollar Table of Fees and Charges
Joining Fee |
Waived |
Membership Fee Principal |
P3,600/year or US$100/year |
Membership Fee Supplementary |
waived up to 5 Supplementary Cards, in excess P1,800/year or US$50/year |
Finance Charge |
3.50% (for Peso) or 2.00% (for Dollar) |
Returned Check Fee |
P500/ US$20 |
Invoice Retrieval Fee |
P150/ US$5 |
Card Replacement Fee |
P500/ US$25 |
Minimum Amount Due |
5% of outstanding balance or P500/US$15, whichever is higher |
Cash Advance Fee |
3% of cash amount availed of or P500/ US$10, whichever is higher |
Late Payment Fee |
7% of past due amount or P200/ US$5, whichever is higher |
Service Fee for Foreign Currency Transactions |
1.03% of the converted sum plus reimbursement of the assessment fee charged by Visa/Mastercard/JCB to Bankard equivalent to 1% of the converted sum. |
If you pay any amount less than the Closing Balance/Total Amount Due or make a cash advance transaction, finance charge at prevailing interest rates will be computed on the Daily Outstanding Balance of your account (including any fixed monthly installment amount/s) from the dates of the transactions until the end of the current statement period. |
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