Balance Conversion Fundamentals

Minimum number of months allowed for BalCon

• 1 month

• 6 months

• 3 months

• 12 months

The final step in processing BalCon is to log details in _____

A card holder may avail of the BalCon facility if…

• CH is in good credit standing

• Is trustworthy

• Has a savings account in the bank

• CH credit card is active

Longest tenor for BalCon is ___ months

A CH may avail of the BalCon facility through the following channels

• 
• 
• 
• 

Once approved, CH will be charged a one-time processing fee amounting to...

• Php 1,000

• Php 500

• Php 2,000

• Php 800

CH has an outstanding balance of Php 10,000.

CH decides to pre-terminate installment.

Pre-termination fee charged to CH amounts to Php ___?

Approved BalCon applications shall NOT be eligible for___

• interest rates

• reward points

• promos

• Credit investigation

How long will it take to process the application if it is "for endorsement"

• 10 Business Days

• 2 Business Days

• 3 Business Days

• 5 Business Days

"Please note that balance conversion is not considered as a payment, hence your account shall incur finance charges on the ___ month as full statement balance is not being settled. "