Fees & Charges

Stay informed about the fees & charges of your RCBC Bankard credit card.

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Annual Membership Fees
Interest Rates
Monthly Interest Rate 2.00%
Retail Monthly Effective Interest Rate 2.03%
Other Fees
First Year Membership Fee WAIVED
Returned Check Fee P1,500 / US$30
Card Replacement Fee P500 / US$10 
Invoice Retrieval Fee P300 / US$6
Refund Processing Fee

P150 / US$3 for every refund request of any overpayment

Cash Advance Fee P200/US$4
Late Payment Fee P850/US$17 or the minimum amount due, whichever is lower.
Installment Pre-Termination Fee 5% of the unpaid principal amount of P500, whichever is higher.
Unli Installment Processing Fee

No processing fee if done through the RCBC Online Banking App. Subject to prevailing interest rate. If pre-terminated, Installment Pre-Termination Fee will apply. (Facility not available for Corporate Accounts & Dollar Mastercard)

P250 for every purchase conversion request below P30,000 through Customer Service Hotline/Email

Unli 0% Processing Fee

(a) 1% of the transaction amount for purchases P30,000 and up (b) P200 for each transaction amounting to P10,000 – below P30,000 (c) P100 for each transaction below P10,000

P250 for every purchase conversion request below P30,000 through Customer Service Hotline/Email

Service Fee for Foreign Currency Transactions For Peso Cards, 3.50% representing the Mastercard/Visa/JCB/UnionPay assessment fees and the Bank's service fee. For foreign currency transactions converted to Philippine Peso at point of sale, whether executed in the Philippines, abroad or online, a service fee of 2.25% shall be applied to transactions amounting to P1,000 and up, or its foreign currency equivalent. For Dollar Cards, 3.50% representing the Mastercard/ Visa/JCB/UnionPay assessment fees and the Bank's service fee. For transactions using currency other than USD converted to USD at point of sale, whether executed in the Philippines, abroad or online, a service fee of 2.25% shall be applied to transactions amounting to US$20 and up, or its foreign currency equivalent.
Quasi-Cash Fee
(for products like money transfer, prepaid card/virtual account loading, tax payments, securities investments, etc.)
1% of the amount transacted.
For the list of quasi cash merchant categories, click here.
Gaming / Casino Service Fee 5% of every transaction or P1,000 (US$25 for dollar cards), whichever is higher.
Cash Loan and YourCash! Processing Fee P250 if preferred cash disbursement is through RCBC bank deposit and P350 for non-RCBC bank deposit or check delivery. A reprocessing fee of P150 will be charged for errors on Recipient Account Details.
(Facility not available to Dollar Card)
Multiple Payment Fee P40 for every payment in excess of 3 payments within a statement cycle in non-RCBC payment channels:
a. Bancnet      b. BDO       c. BPI       d. CIS Bayad Center       e. SM payment center       f. Unionbank
Dormancy Fee P200 per month to be charged to a) active accounts with negative balance and no activity for 24 months, b) blocked/closed accounts with negative balance and no activity for 3 months
Over Limit P600/US$12 to be charged at any time when the outstanding balance plus unbilled installment exceeds the permanent credit limit. The Over Limit Fee will be charged once within the statement cycle.
Balance Transfer Processing Fee P250
(Facility not available for Corporate Accounts & Dollar Mastercard)
Balance Conversion Processing Fee

P250

Bank Certification Fee

P150 / US$3 per copy including delivery fee

Re-Print Fee

P100 for every re-print of paper statement

Minimum Amount Due Computed as (Total Statement Balance – Transactions Posted on the Current Statement - Amount Past Due – Current Late Charge) * 3% + (Amount Past Due + Current Late Charge + Current Over Limit Amount) OR Php500/US$15 whichever is higher. For Peso-Denominated Cards, the Minimum Amount Due is the rounded down to the nearest multiple amount of P100 for computed payment amount between P500 – P1,000, P500 for computed payment amount between P1,000 to P3,000 and P1,000 for computed payment amount above P3,000. For Dollar-Denominated Card, the Minimum Amount Due is the rounded down to the nearest multiple amount of USD1 for computed amount between USD15 – USD100 and USD10 for computed amount above USD100.
If you pay any amount less than the Closing Balance/Total Amount Due or make a cash advance transaction, interest charge at the interest rate of your card will be computed on the Daily Outstanding Balance of your account (including any fixed monthly installment amount/s) from the date of the transactions until the end of the current statement period.
Sample Computations
Purchase or Principal Amount P20,000
Payment Amount 5% of total outstanding balance rounded-off to the nearest peso
Payment Timing 1 day after statement date
Monthly Effective Interest Rate 2.03%
Month Outstanding Principal Interest Payment Outstanding Balance
1 P20,000.00 - - P20,000.00
2 P20,000.00 P796.63 P1,000.00 P19,796.63
3 P19,000.00 P390.61 P990.00 P19,197.24
4 P18,806.63 P342.13 P960.00 P18,579.37
5 P18,237.24 P366.60 P929.00 P18,016.97
6 P17,650.37 P344.60 P901.00 P17,460.00
Cash Advance Amount P20,000
Cash Advance Fee P200
Payment Amount 5% of total outstanding balance rounded-off to the nearest peso
Payment Timing 1 day after statement date
Monthly Effective Interest Rate 2.04%
Month Outstanding Principal Interest & Fees Payment Outstanding Balance
1 P20,000.00 P1,006.02 - P20,606.02
2 P20,000.00 P406.47 P1,031.00 P19,981.59
3 P19,375.02 P394.25 P1,000.00 P19,375.84
4 P18,781.59 P345.31 P969.00 P18,752.15
5 P18,206.84 P370.00 P938.00 P18,184.15
6 P17,614.15 P347.21 P910.00 P17,621.36
Payment Terms (Months) Factor Rate Effective Rate / Month
3 0.353530 3.00%
6 0.186130 3.25%
9 0.129936 3.25%
12 0.102270 3.30%
18 0.077397 3.75%
24 0.065587 4.00%
30 0.059598 4.25%
36 0.056606 4.50%

Note: Interest rates are subject to change and shall be binding on the cardholder following issuance of prior notice to the cardholder of the implementation of such change.

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