BUY NOW, PAY LATER (BNPL)

TERMS AND CONDITIONS

1. EastWest Credit Cards' Buy Now, Pay Later ("BNPL") Promo is open to select EastWest Credit
Cardholders ("Cardholders") in good credit standing* who receive a Viber, SMS and/or electronic
direct mailer (e-DM) regarding the BNPL promo.
2. Promo period is from November 16, 2021 to January 31, 2022.
3. EastWest Credit Cardholders qualified for the BNPL promo will enjoy two (2) months payment
deferment on their new retail or straight charge transactions. New retail transactions may include
local and foreign retail purchases, online and mail-order/telephone-order transactions forming part
of the Cardholder's latest Statement of Account (SOA) and/or the Cardholder's current unbilled retail
transactions during the promo period.
Installments, Quick Bills, auto-charge & cash advance transactions, auto-charged insurance premiums,
fees and charges are not eligible for BNPL. As such, these will be billed on a BAU (business as usual)
basis, included in the Minimum Payment Due computation, and subjected to finance charge
computation, if applicable.
4. Retail transaction/s must be at least Php5,000 to qualify for the BNPL promo. Eligible transactions
under the promo will be subject to two (2) months payment deferment and will be re-billed in three
(3) equal monthly installments.
5. Qualified Cardholders may avail of BNPL by chatting with ESTA, the EastWest System Tech Assistant.
6. Aside from the 2-month payment deferment, qualified EastWest Credit Cardholders will also enjoy 0%
interest on a 3-month installment term for transactions applied for BNPL.
7. 0% interest is applicable if the Cardholder pays his/her monthly installment in full**.
Example: BNPL Amount = Php9,000
Term = 3 months
Monthly Installment = Php9,000 / 3 => Php3,000 per month for 3 months

8. The first monthly installment due on the BNPL transaction will be billed to the Cardholder starting on
the third statement cycle following the BNPL transaction date and will continue every month
thereafter until the BNPL transaction is paid in full.
9. The Cardholder acknowledges that the BNPL application is based on his/her instructions and has no
implication on his/her relationship with any merchant or establishment.
10. Cardholder must allow at least five (5) banking days for the processing of the BNPL application.
11. The total amount of transactions applied for BNPL shall be deducted from the Cardholder’s available
credit limit.
12. EastWest has the sole discretion to approve or reject the Cardholder's BNPL application and, if such
application is denied, EastWest has no obligation to furnish the Cardholder a notice or reason for such
rejection. In case the BNPL application is denied, applicable finance charges, if any, shall be imposed.
13. Should the Cardholder's EastWest Credit Card account be suspended, cancelled or not renewed, or
should the Cardholder fail to make payments, breach or violate the Terms and Conditions Governing
the Issuance and Use of EastWest Credit Cards, all unpaid BNPL availments, as well as the entire
 outstanding balance in the Cardholder's EastWest Credit Card account, shall immediately become due
and demandable.
14. In case of partial payment by the Cardholder of the installment amount, the unpaid balance shall incur
the usual finance charges imposed on revolving accounts in accordance with the Terms and Conditions
Governing the Issuance and Use of EastWest Credit Cards.
15. If the Cardholder pays the installment amount in full per month but has an outstanding or revolving
balance on his/her previous/other purchases, said installment amount under the program shall
likewise incur finance charges.
16. In case of pre-termination, the Cardholder agrees to pay an Installment Pre-termination Processing
Fee equivalent to 5% of the remaining principal balance or Php500, whichever is higher.
17. The Cardholder may cancel or pre-terminate his/her BNPL application without being charged or
imposed a Pre-termination Processing Fee if the cancellation or pre-termination is made within two
(2) banking days from date of application.
18. This promo offer is non-transferable.
19. The Cardholder shall continue to be bound by and comply with the Terms and Conditions Governing
the Issuance and Use of EastWest Credit Cards which are incorporated herein by reference and of
which he/she was furnished copies by EastWest, as well as the Terms and Conditions of the BNPL
promo.
20. In case of disputes related to the Promo, the decision of EastWest shall be conclusive with the approval
of DTI. All questions or disputes regarding the Cardholder’s eligibility for the Promo shall be resolved
by EastWest.
Per DTI Fair Trade Permit No. FTEB-130448, Series of 2021

*Cardholders in good credit standing are those whose accounts are not delinquent, not under investigation due to suspected fraudulent
activities, those whose EastWest Credit Cards are not reported lost or stolen and those who have not, otherwise, violated any of the Terms
and Conditions Governing the Issuance and Use of EastWest Credit Cards.
**Each fixed monthly installment forms part of the total statement balance. Should the Cardholder opt to pay only the Minimum Payment Due,
this would include only a percentage of the monthly installment. In which case, a corresponding interest charge shall be imposed.

For inquiries and feedback, you may call the EastWest 24-Hour Customer Service Hotline at
(+632) 8888-1700 or e-mail cards@eastwestbanker.com.

EastWest is regulated by the Bangko Sentral ng Pilipinas.

https://www.bsp.gov.ph