Promo Mechanics: The Balance Transfer Now Pay Later (“Promo”) is open to principal cardholders of Bank of Commerce Credit Card (“Cardholder”) with active and current status and was issued at least six (6) months prior to the time of availment. The Promo allows the Cardholder to transfer outstanding credit card balance from another bank to Bank of Commerce Credit Card, which shall be payable on installment at the following interest rates: Term Monthly Add-On Rate Factor Rate Minimum Amount 12 0.88% 0.0921333 10,000 24 0.60% 0.0476667 20,000 36 0.49% 0.0326778 20,000 3. The Cardholder may avail of the Promo if the other credit card is issued in the Philippines, was issued at least six (6) months prior to the time of availment, active and current status at the time of application. 4. Balance to be transferred from another credit card must be equal or less than the outstanding balance of the latest Statement of Account and must be within the Cardholder’s available credit limit. 5. The Cardholder may apply for the Promo on his outstanding balance from more than one (1) credit card company, provided that the total payable amount is within the available credit limit at the time of application. 6. To apply, the Principal Cardholder must call Bank of Commerce Customer Service at (02) 86322265, or Domestic Toll-free numbers: (PLDT) 1-800-10-9826000 or (Globe Lines) 1-800-8-9826000 and submit a copy of the latest Statement of Account if the other credit card is issued by Banco de Oro or Land Bank of the Philippines. The application shall be subject to evaluation and approval. 7. The Cardholder must continue to pay the Minimum Amount Due on the credit card applied for the Promo while the application is still in process. 8. If approved, Bank of Commerce shall issue a check equal to the approved amount and pay it at the nearest payment channel of the bank or credit card company. 9. The first monthly installment due shall be billed to the credit cardholder on the second (2nd) statement cycle from transfer date, and each month thereafter, until the total payable amount is paid in full. 10. Approved applications can no longer be cancelled nor reversed once approved. 11. Bank of Commerce may accommodate a cardholder’s request to pre-terminate the remaining unbilled monthly amortization, provided that the cardholder’s Total Outstanding Balance due for the applicable monthly billing cycle is paid in full. A Pre-Termination Fee of P1,000 shall be charged to the cardholder’s account. After Bank of Commerce has approved the cardholder’s request, the total accelerated amount and the corresponding fee shall form part of the Total Outstanding Amount due for the applicable monthly billing cycle. 12. The Balance Transfer Now Pay Later Program is extended from September 1, 2023 to February 29, 2024, as approved by DTI-FTEB. Per DTI Fair Trade Permit No. FTEB-161966 Series of 2023. Per DTI Fair Trade Permit No. FTEB-161966 Series of 2023