New Foreign Currency Conversion Fee

For Classic and Gold Mastercard: Purchases in foreign currencies will be converted automatically to Philippine Peso at Mastercard’s currency conversion rate plus foreign currency conversion fee of 2.5% (consists of Mastercard’s assessment fee and Bank of Commerce’s service fee).

For Platinum Mastercard: Purchases in third currencies (non-dollar) will be converted automaticalluy to UD dollar at Mastercard’s currency conversion rate plus foreign currency conversion fee of 2.5% (consists of Mastercard’s assessment fee and Bank of Commerce’s service fee).