“Savvy Spender” Bank Transaction Conversion List

Below is a comprehensive list of Philippine bank installment products — Balance Conversion, Credit-to-Cash, and Personal Loans — along with their details, typical rates, and links.

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Balance Conversion Programs

Convert existing credit card purchases or outstanding balances into fixed monthly installments.

BPI

Product: Balance Conversion

• Standard rate: 0.99%/month
• Promo rates: As low as 0.49%–0.69%/month (invite-only)
• Terms: 6, 12, 18, 24, 36, 48, 60 months
• Processing fee: ₱300 (up to ₱50K) or ₱500 (above ₱50K)

BDO

Product: Balance Convert

• Standard rate: ~0.88%/month
• Promo rates: As low as 0.59%/month
• Terms: Up to 60 months
• Processing fee: ₱350

Metrobank

Product: Balance Conversion

• Standard rate: Up to 1.00%/month
• Promo rates: 0.55%/month (Balance Transfer promo)
• Terms: 3–60 months
• Processing fee: ₱500

Security Bank

Product: Balance Convert (BalCon)

• Rate: Personalized (invite-based)
• Terms: 3, 6, 9, 12, 18, 24 months
• Processing fee: Varies

UnionBank

Product: EasyConvert

• Rate: Personalized
• Terms: Varies
• Processing fee: Varies

HSBC

Product: Card Balance Conversion

• Standard rate: Up to 1.00%/month
• Terms: Up to 24 months
• Processing fee: Varies

RCBC

Product: UNLI Installment

• Rate: Personalized (up to 1%/month)
• Terms: Varies

Asia United Bank

Product: Post Pay Installment

Bank of Commerce

Product: Convert to Installment

Eastwest Bank

Product: Convert-to-Installment (CTI)

Maybank

Product: EzyConvert Promo

PNB

Product: Transaction Conversion

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Credit-to-Cash Programs

Convert available (unused) credit limit into cash deposited to your bank account.

BPI

Product: Credit-to-Cash

• Standard rate: 0.99%/month
• Promo rates: 0.49%–0.69%/month (invite-only)
• Terms: 6–60 months
• Processing fee: ₱300–₱500
• Min amount: ₱3,000; up to 100% of available credit limit

Metrobank

Product: Cash2Go

• Standard rate: Up to 1%/month (promo: 0.68%)
• Terms: 3–60 months
• Processing fee: ₱350

BDO

Product: Cash It Easy / Avail Cash Now

• Rate: Personalized (up to 1%/month)
• Terms: Up to 36 months
• Min amount: ₱10,000

Security Bank

Product: Ready Cash

• Rate: Personalized
• Terms: 3–24 months
• Min amount: ₱10,000

RCBC

Product: YourCash

• Rate: Personalized (up to 1%/month)
• Processing fee: ₱250 (RCBC deposit) or ₱350 (non-RCBC)
• Min: ₱20,000; Max: ₱500,000

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Personal Loan Products

Standalone unsecured bank loans — separate from credit cards.

BDO

Product: Personal Loan

• Monthly add-on rate: ~1.39%–1.79%
• Approx. EIR: 18%–24% p.a.
• Terms: 6–36 months
• Processing fee: ₱1,300
• DST: 0.75% of loan (for loans above ₱250K)
• Loan range: Up to ₱3M

BPI

Product: Personal Loan

• Monthly add-on rate: ~1.20%
• Approx. EIR: 25%–29% p.a.
• Terms: 12–36 months
• Processing fee: ₱1,500
• DST: 0.75% of loan (for loans above ₱250K)
• Loan range: ₱20K–₱3M

Metrobank

Product: Personal Loan

• Monthly add-on rate: ~1.25%
• Approx. EIR: 30%–33% p.a.
• Terms: 12–36 months
• Processing fee: ₱1,500 (disbursement fee)
• Loan range: Up to ₱2M

UnionBank

Product: Personal Loan

• Rate: Personalized
• Terms: Varies
• Loan range: Up to ₱2M

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0% Installment Programs (Merchant Installment / SIP)

Buy from partner merchants at 0% interest — the merchant subsidizes the cost.

| Bank | Program | Terms | Min Purchase | |------|---------|-------|-------------| | BPI | Real 0% SIP / FlexipayZero | Up to 36 months | ₱3,000 | | BDO | 0% Installment | Up to 24 months | Varies | | Metrobank | 0% Installment | 3–36 months | Varies | | HSBC | Card Instalment Plan (HIP) | Up to 36 months | Varies | | RCBC | Easyterms / Unli 0% | 3 months (Unli 0%); up to 36 months | No min (Unli 0%) | | Security Bank | ChargeLight | 3–24 months | ₱5,000 | | EastWest | 0% Installment | Up to 24 months | ₱3,000 | | PNB | ZAPP | Up to 24 months | Varies |

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BSP Regulatory Caps

| Regulation | Limit | |------------|-------| | Credit card revolving interest | 3% per month / 36% per annum | | Installment loan add-on rate | 1% per month maximum | | Cash advance processing fee | ₱200 per transaction maximum |

Source: BSP Circular No. 1098 (2020), updated by Circular No. 1165 (2023).

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Note: Rates and fees shown are based on publicly available information and may change. Promo rates are often invitation-only. Always verify details directly with the respective banks before making any financial decisions.