Insta Cash 0.55% For 60 Months

INSTA-CASH via Digital Channels
TERMS AND CONDITIONS
1. EastWest Credit Cards' Insta-Cash (IC) Promo is open to select EastWest Credit Cardholders
(“Cardholders”) who received a Viber/SMS message or electronic direct mailer (e-DM) and are in good
credit standing.*
2. Promo Period is from January 11, 2024 to February 29, 2024. Only applications received within the
said promo period shall be processed.
3. The Insta-Cash promo allows the conversion of qualified Cardholder’s available credit limit to cash
which can be paid in fixed monthly installments.
4. The minimum amount eligible for conversion is Php10,000 and the maximum amount is the
Cardholder’s available credit limit at the time of application.
5. The Insta-Cash amount can be paid in easy and flexible installment terms of 6, 9, 12, 18, 24, 36, 48
and 60 months with the corresponding low add-on rates per month:
Term Add-on Rate Factor Rate EIR

6 0.70% 0.1736667 14.2596%
9 0.70% 0.1181111 14.8757%
12 0.60% 0.0893333 13.0342%
18 0.60% 0.0615556 13.2313%
24 0.60% 0.0476667 13.2656%
36 0.55% 0.0332778 12.1328%
48 0.55% 0.0263333 11.9990%
60 0.55% 0.0221667 11.8459%
How to compute for the monthly installment:

Insta-Cash Amount X Factor Rate for Chosen Term = Fixed Monthly Installment
Sample computation for a 12-month term:

Php10,000 X 0.0893333** = Php893.33 Insta-Cash Monthly Installment for 12 months
**factor rate for the 12-month payment term at 0.60% add-on rate per month
(equivalent to 13.0342% effective annual rate)
6. To apply, simply chat w/ ESTA, our EastWest System Tech Assistant. Just search for EW Credit Cards
in Facebook Messenger. Once logged into ESTA, go to the Installments menu and choose Insta-Cash.
7. The Cardholder acknowledges that the Insta-Cash application will be subject to evaluation and
approval.
8. Cardholder must allow at least five (5) banking days for the processing of the Insta-Cash application.
9. The Cardholder shall refrain from using his/her EastWest Credit Card while the Insta-Cash application
is in process to ensure that the applied amount will be processed.
10. Upon approval of the Insta-Cash application, the principal amount, interest charges and fees will be
earmarked against the Cardholder’s available credit limit. The fixed monthly installment amount will
be billed to the Cardholder's EastWest Credit Card account on his/her next and succeeding Statements
of Account (“SOAs”) until the Insta-Cash amount is fully paid.
11. For all approved applications, a one-time Processing Fee of Php250 will be charged.
12. Cardholders have the option to receive the proceeds via credit/deposit to his/her EastWest or non-
EastWest bank deposit account.
13. The Cardholder shall hold EastWest free and harmless for any error in the crediting of the Insta-Cash
proceeds to the account number that he/she has provided. A transaction fee may be charged for
regional/provincial deposits for non-EastWest bank deposit accounts.
14. In the event that the Cardholder’s outstanding balance exceeds his/her prescribed credit limit upon
posting of the approved Insta-Cash amount to his/her EastWest Credit Card account, the
corresponding Over Credit Limit Fee shall be imposed. The amount in excess of the prescribed credit
limit shall be part of Cardholder’s Minimum Payment Due in his/her next SOA.
15. EastWest has the sole discretion to approve or reject the Cardholder's Insta-Cash application. If such
application is denied, EastWest has no obligation to furnish the Cardholder a notice or reason of such
rejection. EastWest also has the sole discretion to approve only a portion of the installment amount
applied for.
16. The Cardholder's EastWest Credit Card account must be active and current at all times. Should the
Cardholder's EastWest Credit Card account be suspended, cancelled, or not renewed or should the
Cardholder fail to make payments breach or violate the Terms and Conditions Governing the Issuance
and Use of EastWest Credit Cards, the remaining unpaid Insta-Cash amount, as well as the entire
outstanding balance in the Cardholder's EastWest Credit Card account, shall immediately become due
and demandable.
17. In case of partial payment by the Cardholder of the installment amount, the unpaid balance shall incur
the usual finance charges imposed on revolving balances in accordance with the Terms and Conditions
Governing the Issuance and Use of EastWest Credit Cards.
18. If the Cardholder pays the installment amount in full per month but has an outstanding or revolving
balance on his/her previous/other purchases or installment availments, his/her EastWest Credit Card
account shall likewise incur finance charges.
19. In case of pre-termination, the Cardholder agrees to pay an Installment Pre-termination Processing
Fee equivalent to 5% of the remaining principal balance or Php500, whichever is higher.
20. This promo offer is non-transferable.
21. The Cardholder shall continue to be bound by and comply with the Terms and Conditions Governing
the Issuance and Use of EastWest Credit Cards which are incorporated herein by reference and of
which he/she was furnished copies by EastWest, as well as the Terms and Conditions of the Insta-Cash
Promo.
22. All questions and disputes regarding the Cardholder’s eligibility for the promo shall be resolved by
EastWest. The decisions of EastWest on all matters relating to the promo shall be final and binding
with the concurrence of the Department of Trade and Industry (“DTI”).
*Cardholders in good credit standing are those whose accounts are not delinquent, not under investigation due to suspected
fraudulent activities, those whose EastWest Credit Cards are not reported lost or stolen and those who have not, otherwise,
violated any of the Terms and Conditions Governing the Issuance and Use of EastWest Credit Cards.
Per DTI Fair Trade Permit No. FTEB-182231, Series of 2023.
For inquiries and feedback, you may call the EastWest 24-Hour Customer Service Hotline at
(+632) 8888-1700 or e-mail [email protected].
EastWest is regulated by the Bangko Sentral ng Pilipinas.

https://www.bsp.gov.ph

Insta Cash 0.55% For 60 Months

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INSTA-CASH via Digital Channels

TERMS AND CONDITIONS

Term Add-on Rate Factor Rate EIR

How to compute for the monthly installment:

Sample computation for a 12-month term:

Per DTI Fair Trade Permit No. FTEB-182231, Series of 2023.

EastWest is regulated by the Bangko Sentral ng Pilipinas.

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