Bank of Commerce

We think Customers

Customer Service:
(02) 8-632-BANK (2265)
Domestic Toll-Free Numbers:
1800-10-982-6000 (PLDT) 1800-8-982-6000 (Globe Lines)

Understanding Bank of Commerce Credit Card Fees and Charges

HomeAdvisoriesUnderstanding Bank of Commerce Credit Card Fees and Charges

A guide on the definition of some of BankCom’s existing Credit Card Fees and Charges.

TYPE OF FEES

AMOUNT

DEFINITION
Principal Supplementary
ANNUAL MEMBERSHIP FEE Classic Php 1,500 Php 750 Amount that the Cardholder pays for credit card maintenance and the benefits that come with the credit card. It can be charged annually or monthly depending on the card type.
Gold Php 3,000 Php 1,500
Platinum Php 5,000 Php 2,500
World Php 6,000 Php 3,000
Cash Installment Php 200 billed every month n/a
CASH ADVANCE SERVICE CHARGE (OVER-THE-COUNTER) Php 100 Service fee or processing fee that is charged for every cash advance transaction.
GAMING TRANSACTION SERVICE FEE 5% of the transaction amount This fee is charged on gaming/gambling transactions and/or transactions made at gaming/gambling establishments, including placement of wagers, purchase of lottery tickets or other values in conjunction with any gaming or gambling activity.
OVERLIMIT FEE Php500 or *USD10 when outstanding balance exceeds credit limit (transactions plus interest and fees) This is a fee charged if the account exceeds the approved credit limit brought about by additional interest and fees on top of the outstanding or unpaid balance
QUASI CASH FEE 5% for every quasi cash transaction The fee charged for cash-like transactions which include, but are not limited to money orders, traveller’s cheques, or digital currencies; the transfer of funds from the credit card account to another party via wire transfer, transfers to deposit accounts and loading of electronic purses; prepaid cards/virtual account loading; tax payments; securities investments; etc.
MULTIPLE PAYMENT FEE Php50 or *USD1 for each payment in excess of 3 payments within the same cycle from non-BankCom payment channel. The fee charged for each payment in excess of 3 payments within the same cycle from non-BankCom payment channels.

* Applicable to Platinum & World Credit Cards

 

For the complete List of Credit Card Fees and Charges, please go to the website Credit Card page – Table of Fees and Charges.