TERMS AND CONDITIONS
1. The Holiday Installment Treats Campaign for Balance Transfer (BT) and Cash Installment Promo (“Promo”) shall run from November 24 to December 31, 2025 (“Promo Period”).
2. The Promo is open to approved and qualified principal Chinabank Card cardholders (“Cardholders”) who:
• Have good credit standing*
• Do not have an existing or cancelled Principal credit card issued by China Banking Corporation (“Chinabank”) and have not had one in the last 6 months.
• Have applied and submitted complete Balance Transfer/Cash Installment application requirements within the promo period and are subsequently approved.
3. Approved principal cardholders may apply for Balance Transfer (Transfer of outstanding balances, inclusive of finance and other fees and charges, from non-Chinabank credit (s) to the newly approved Chinabank credit card) and Cash installment (converting of credit limit to cash) at 0% installment for three (3) months, and 0.39% interest for up to 60 months. See table below for add-on rate of the Cash Installment Program:
4. To avail the special Balance Transfer and/or Cash Installment rates, the cardholder should:
• Wait for an email, SMS, and/or Viber message confirming eligibility for 0% and 0.39% interest rates.
• Call the hotline provided in the message.
• Complete the Balance Transfer and/or Cash Installment application within the promo period.
5. The Principal Cardholder shall be responsible for following up with Chinabank on the status of his/her application and may call (02) 888-55-888.
6. The following credit card products are excluded from the offer: Corporate Card, Dollar Card, and Virtual Mastercard.
7. Balance Transfer payments will only be processed for accounts or card numbers registered under the applicant’s name. The applicant confirms that all information provided is accurate and truthful. If payment is mistakenly credited to an account not owned by the applicant due to incorrect or misleading details, the applicant will be responsible for the amount unless it is fully returned to Chinabank by the unintended recipient.
8. The Balance Transfer Application shall be subject to verification and credit approval by Chinabank. For the application to be considered, the Balance Transfer Amount applied for must meet ALL the following requisites:
• It must not exceed 85% of the principal Card Member’s available credit limit;
• The required minimum transaction amount is Php 10,000.00;
• Upon the date of authorization/approval by Chinabank of the BT Amount, the Card Member’s availment of the BT Facility is deemed irrevocable and may not be cancelled.
9. Only transactions that are part of the applicant’s outstanding balance on a non-Chinabank card at the time of application are eligible for Balance Transfer. For installment purchases, only the posted monthly installment amount will be considered. Chinabank will facilitate payment directly to the issuing bank of the non-Chinabank card.
10. Chinabank reserves the sole right to approve or deny any Balance Transfer application. If the requested amount exceeds the available credit limit, Chinabank may approve only a portion without prior notice. In case of disapproval, Chinabank is not obligated to inform the applicant or explain the reason. The bank is not liable for any penalties or interest incurred on the non-Chinabank card due to the rejection.
11. Approved Balance Transfers do not qualify for rewards points or count as valid spending for ongoing acquisition promos.
12. Once approved, the Balance Transfer amount, including fees and interest, will be charged against the Card Member’s available credit limit. Monthly amortizations will be billed through the Statement of Account and calculated by dividing the total payable amount by the chosen term. These payments will continue until the full amount is settled.
13. Once Chinabank posts the approved Balance Transfer payment, Chinabank is not liable for any remaining balance on the non-Chinabank card, including charges, interest, or fees incurred before or after the transaction. The applicant is accountable for any such residual amounts. Approved BT amounts will incur monthly add-on interest based on the selected repayment term.
14. The monthly Balance Transfer (BT) amortization will be included in the Minimum Amount Due on the Statement of Account. If the Card Member pays less than the Total Amount Due, only part of the BT amortization is covered, and the unpaid portion will incur standard finance charges.
15. For approved Cash Installment applications, funds will be credited to the cardholder’s Chinabank CA/SA account within 3–5 business days. Other account types (corporate, time deposit, cash deposit, or dollar accounts) are not eligible. If released via Manager’s check or to a non-Chinabank account, the proceeds will be payable only to the principal cardholder. Transfers to non-Chinabank accounts may take 7–10 business days.
16. Cash Installment applications are subject to Chinabank’s verification and credit approval. The total Cash Installment amount, including interest, must not exceed the principal cardholder’s available credit limit at the time of application. To qualify, the requested Cash Installment amount must meet ALL required conditions below:
• The minimum transaction amount is Php 10,000.00.
• Must not exceed 85% of cardholder’s available credit limit
17. All credit card applications shall be subject to Chinabank’s final approval and credit card terms and conditions.
18. For Cash Installments, the fixed monthly amount based on the selected term will appear on the cardholder’s Statement of Account. It will be included in the Total and Minimum Amounts Due along with other transactions.
19. If the applicant is a supplementary cardholder, the total Cash Installment amount must not exceed the supplementary cardholder’s assigned monthly spending limit.
20. Once approved, the Cash Installment amount, including interest and fees, will be charged against the cardholder’s available credit limit. Approved Cash Installment applications shall not be eligible to earn rewards points.
21. Cash Installments are subject to monthly interest based on current rates. Interest is calculated by multiplying the principal with the monthly rate and the selected term. Monthly payments are determined by dividing the total payable amount (principal plus interest) by the chosen term.
22. The cardholder agrees to pay the monthly amount billed in the Statement of Account. If only a partial payment is made, the Cash Installment will be given last priority in the application of the said partial payment(s).
23. Failure to pay the Minimum Amount Due will be considered a default. Chinabank may then demand full payment of the remaining principal and interest without prior notice. Overdue payments will incur standard interest and penalty charges.
24. If the cardholder pays only the Minimum Amount Due or less than the Total Amount Due, only part of the monthly installment is considered paid. The entire remaining principal amount will be billed with the corresponding interest charges based on application of payment. The unpaid portion will be added to the revolving balance and charged regular interest
25. The use of the Chinabank Card in connection with this promo is subject to the Terms and Conditions governing the issuance of Chinabank Credit Card.
26. If the cardholder accelerates the payment and cancels installment contract with Chinabank, with or without advice, a pre-termination fee of ₱500 or 5% of the remaining principal—whichever is higher—will apply. Any remaining balance, including penalties and interest, will be billed in the next cycle. Unbilled interest from accelerated payments will be waived.
27. All other terms and conditions governing the issuance of Chinabank credit cards consistent with the foregoing terms and conditions shall be incorporated hereto.
28. Officers of China Banking Corporation are not qualified to avail of the Promo.
*Good credit standing refers to cardholders whose accounts are not delinquent, not under investigation for suspected fraud, whose Chinabank Credit Cards have not been reported lost or stolen, and who have not violated any of the Terms and Conditions governing the issuance and use of Chinabank Credit Cards.
Per DTI Fair Trade Permit No. FTEB-243259 Series of 2025
