The enhanced PSBank Money 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 from amongst terms from 3 to 36 monthly amortizations.

Product Features
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Credit Facility
Revolving Credit Line and Fixed Term Loan

Loan Amount
up to PhP250,000

Loan Term
3, 6, 12, 24 or 36 months

Minimum Monthly Repayment
PhP500 or just 5% of monthly outstanding balance + over limit amount (whichever is higher). Amount paid becomes part of the available credit line.

Interest Rate
2.5% interest rate for the Revolving Loan; 1.6% 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, Magalink, 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.

    Money Card Activation Hotline
    Customer Service Department:
    Telephone No. 845-8888
    Fax No.845-0048

    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 PhP10,000 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

    Documentary Requirements
    • Completely filled out 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.
    • Photocopy of BIR form 2316, 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.
    • Original copy of the latest credit card billing statement (with the client as the PRINCIPAL
    cardholder).

    How to Apply
    For your convenience, click on the APPLY ONLINE link to access Online Loan application and
    be informed of its status via SMS and e-mail.

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