The enhanced PSBank Flexi Card is the first and only collateral-free personal loan product with the flexibility of a revolving credit line and a fixed term loan. It provides customers access to day and night banking from hundreds of ATM machines.

Revolving credit is a type of credit that does not have a fixed number of payments. The amount you can borrow decreases or increases depending on how much you have repaid. In a term loan, one is required to make periodic payments usually over a certain fixed period. With Money Card, you can choose between 24 and 36 monthly amortizations.

Prime Rebate

Prime Rebate allows advance or excess Flexi loan payments to earn rebates.

This will effectively shorten the loan term, give clients a discount on your total loan amount, or even both.

• The rebate is automatically applied to all new and existing term loans. The client does not need to register or enroll to get the rebate.
• Rebates earned from advance/excess payments are computed on a daily basis – including weekends and holidays, starting on the date the payment is posted, and credited every due date.
• Rebate is applicable to advance/excess payments for the total term loan amortization due

How does the PSBank Prime Rebate work?

Make an Advance Payment

• For example, when you pay five (5) days before your loan’s monthly due date, you will actually earn a rebate on a daily basis from the day your payment was posted to the day before your loan’s due date.

Make an Excess Payment

• If you pay in excess of the amount required on your due date, you will earn a rebate on a daily basis from the date of posting up to the day before the next due date.

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Product Features

• Credit Facility Revolving Credit Line and Fixed Term Loan
• Loan Amount up to PhP250,000
• Loan Term 24 or 36 months
• Minimum Monthly Repayment 5% of the Total Amount Due of Revolving Loan availments or PhP500, whichever is higher + monthly amortization of the Installment Loan availments.
• Interest Rate 2.5% interest rate for the Revolving Loan; 1.75% add-on rate for the Fixed Term Loan.

Form of Payment 

• Over-the-counter at any PSBank branch nationwide
• PSBank, Metrobank, and BancNet ATMs nationwide for clients who have deposit accounts in these banks
• Via PSBank Remote Banking for enrolled and activated PSBank accounts
• Client-initiated deduction/debit from PSBank deposit account only
• Accessibility • Revolving Credit facility may be availed of from PSBank, Metrobank, Megalink, Expressnet, and BancNet networks nationwide and Maestro-Cirrus ATMs worldwide Term Loan facility may only be availed of from any PSBank ATM
• BancNet Point-of-Sale (as debit card) 
• PSBank Money Card Checks

Release of card

• Delivered via courier to place of work within Metro Manila
• For provincial areas, card is delivered to the client's preferred PSBank branch

Turn Around Time 5 days

Annual Fee PhP1,500 or 1% of the approved credit line whichever is higher. To be billed in 3 equal monthly installments

ATM Service Fee • PSBank and Metrobank ATMs: PhP10.00

• BancNet, Megalink, Expressnet, BPI, BPIFSB, Landbank, HSBC: PhP20.00 per withdrawal; PhP1.00 per balance inquiry

• BDO & Cirrus ATMs: US$3.50 per withdrawal; US$1.00 per balance inquiry

Credit Line Validity Renewable yearly

Maximum Withdrawal per day PhP50,000 in all PSBank and Metrobank branches

Checkbook For approved credit lines PhP50,000 and up, clients get one FREE checkbook upon request.

For approved credit lines less than PhP50,000, clients can request for a checkbook at a standard cost of PhP165.00.

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Qualifications

• Citizenship : Filipino
• Residence : Philippines
• Age : At least 22 years old but not older than 54 years old upon line approval
• Source of Income : Employed or self-employed
• Work Tenure : At least 1 year permanent work status if employed or 2 years profitable in the same business if self-employed
• Monthly Income : At least PhP20,000 gross monthly income if employed
• At least PhP30,000 net monthly income if self-employed
• Others : Must possess an active credit card
• With residential phone (landline or mobile) and business landline

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Documentary Requirements

• Completely filled out and signed PSBank Money Card application form.
• Photocopy of any of the following identification cards: Company ID, SSS, GSIS, PRC, Driver's License, Passport or TIN (plastic card type), Firearms License, NBI Clearance, Integrated Bar of the Philippines ID. With 3 Specimen Signatures
• Photocopy of BIR form 2316, 2306, 2307 or 1700 for employed applicants. Photocopy of BIR form 1701 or 2317 for self-employed applicants and Auditor's Report and Financial Statement with BIR Stamp.
• Latest credit card billing statement (with the client as the PRINCIPAL cardholder).

FOR INQUIRIES:

Please Text/Call/E-mail:

Alvin Madrigal 

Operations Manager
Loans Management 

Landline No.:             (02) 218-9363

Globe Mobile No.:     0927-917-0077

Smart Mobile No.:     0999-190-4981

SunCell Mobile No.:  0922-450-0599

Email Address: loans.management@gmail.com

To apply online, visit our website: www.loansmanagement.webs.com