PNB Top Booster Promo

Terms and Conditions

1. 1. The PNB TOP BOOSTER PROMO (“Promo”) is open to all New-to-Bank or Existing individual clients who are not employees of PHILIPPINE NATIONAL BANK (“PNB or the “Bank”) and Corporate/Business Accounts without existing loan availments with PNB, not part of the Lucio Tan Group of Companies (LTG Group), and not owned/held by the government, its political subdivisions, instrumentalities or a government-owned and controlled corporation (GOCC), (each, an “Accountholder and collectively, the “Accountholders”) who are willing to maintain an incremental ADB* for a period of six (6) months from date of enrollment and earn corresponding cash credits (“Cash Credit/s”) subject to the Promo Terms and Conditions.
   *Average Daily Balance (ADB) is computed as the average amount an account has over a period of time, ADB is equal to the total of cumulative balances divided by the days
   
   Ex. Php100,000 was deposited to the Savings Account on Feb 1,2022 and a withdrawal of Php5,000 was made on Feb. 3, 2022. On Feb. 10, the ADB is Php96,000.

   DAY	NO. OF DAYS	DATE	DEPOSIT/WITHDRAWAL	RUNNING BALANCE	CUMULATIVE BALANCE	YTD-ADB
   Tue	1	2/1/2022	100,000	100,000	100,000	100,000
   Wed	2	2/2/2022		100,000	200,000	100,000
   Thu	3	2/3/2022	5,000	95,000	295,000	98,333.33
   Fri	4	2/4/2022		95,000	390,000	97,500.00
   Sat	5	2/5/2022		95,000	485,000	97,000.00
   Sun	6	2/6/2022		95,000	580,000	96,666.67
   Mon	7	2/7/2022		95,000	675,000	96,428.57
   Tue	8	2/8/2022		95,000	770,000	96,250.00
   Wed	9	2/9/2022		95,000	865,000	96,111.11
   Thu	10	2/10/2022		95,000	960,000	96,000.00

   DAY	NO. OF DAYS	DATE	DEPOSIT/WITHDRAWAL	RUNNING BALANCE	CUMULATIVE BALANCE	YTD-ADB
   Tue	1	2/1/2022	100,000	100,000	100,000	100,000
   Wed	2	2/2/2022		100,000	200,000	100,000
   Thu	3	2/3/2022	5,000	95,000	295,000	98,333.33
   Fri	4	2/4/2022		95,000	390,000	97,500.00
   Sat	5	2/5/2022		95,000	485,000	97,000.00
   Sun	6	2/6/2022		95,000	580,000	96,666.67
   Mon	7	2/7/2022		95,000	675,000	96,428.57
   Tue	8	2/8/2022		95,000	770,000	96,250.00
   Wed	9	2/9/2022		95,000	865,000	96,111.11
   Thu	10	2/10/2022		95,000	960,000	96,000.00

2. 2. The promo shall run from March 23, 2022 to June 30, 2022 (“Promo Period”).
3. 3. Accountholders may only enroll in the promo at his / her maintaining branch i.e. interbranch enrollment is not allowed.
4. 4. To avail the promo, eligible Accountholders will sign an enrollment form stating the Plan ADB and a nominated Checking or Savings Account (CASA). Once enrolled, all accounts associated under one Customer Information Form with the nominated account shall be deemed enrolled, and shall therefore be taken in aggregate when computing incremental ADB for the purpose of this promo.
5. 5. An eligible Accountholder will receive a Cash Credit one (1) month after the end of the six (6) months period from date of enrollment, based on the aggregate incremental ADB of all accounts associated under one Customer Information Form with the nominated account.
6. 6. The nominated account (also, the “CASA”), where the Cash Credit will be credited shall be under the Accountholder’s name. Changing of the nominated CASA is not allowed. Nominating a Savings Account, instead of a Checking Account, is preferable.
7. 7. Only the following Peso Savings and/or Checking Accounts will be considered for the computation of ADB:

   7.1 Peso Savings Account products

   1. 7.1.1 300 – Regular Savings Account Personal
   2. 7.1.2 400 – Regular SA Debit Card
   3. 7.1.3 413 – TAP Mastercard
   4. 7.1.4 500 – My First SA
   5. 7.1.5 340 – Regular SA Corporate
   6. 7.1.6 341 – Savings Paywise Institution ADB
   7. 7.1.7 342 – Savings Paywise Institution FEE
   8. 7.1.8 409 – Savings Regular BENLIFE ATM
   9. 7.1.9 405 – Savings OFW Payroll ATM
   10. 7.1.10 503 – Savings OFWs and BENEFs – Passbook/ATM
   11. 7.1.11 402 – PSA W/ AT CARD, Payroll
   12. 7.1.12 411 – Fast Cash ATM
   13. 7.1.13 502 – Savings BSP Employee Payroll- Pbk/ATM
   14. 7.1.14 309 – Savings PNB Prime- Passbook only
   15. 7.1.15 302 – PSA Regular PB, Payroll
   16. 7.1.16 403 – Savings PAL Payroll ATM
   17. 7.1.17 404 – Savings Leyeco V. Payroll- ATM
   18. 7.1.18 410 – Savings ADAMSON ATM

   7.2 Peso Checking Account products

   1. 7.2.1 107 – Regular CA Personal
   2. 7.2.2 206 – Priority Checking Personal
   3. 7.2.3 105 – Personal CA with ATM – Remittance
   4. 7.2.4 112 – Budget Checking Account
   5. 7.2.5 207 – Advantage Personal without ATM
   6. 7.2.6 214 – Priority Checking Corporate
   7. 7.2.7 217 – PNBig Checking Paywise Institution ADB
   8. 7.2.8 PNGBig Checking Corporation
   9. 7.2.9 219 – Checking Priority One Corporate
   10. 7.2.10 220 – Executive Checking
   11. 7.2.11 118 – Checking Paywise Institution FEE
   12. 7.2.12 110 – Payroll BSP Employee
   13. 7.2.13 111 – Checking PNB Emp/Ret
   14. 7.2.14 103 – Personal CA w/ ATM Payroll
   15. 7.2.15 227 – PNBig Checking Trust
   16. 7.2.16 212 – CK Account W/O MMB
   17. 7.2.17 109 – CK Paywise Emp w/ ATM
   18. 7.2.18 200 – NOW Regular
   19. 7.2.19 201 – NOW w/ ATM
   20. 7.2.20 202 – NOW w/ ATM Payroll
   21. 7.2.21 204 – NOW w/ ATM Remittance
   22. 7.2.22 205 – NOW w/o ATM Remittance
   23. 7.2.23 100 – Personal CA with ATA
   24. 7.2.24 101 – Personal CA with ATA and ATM
   25. 7.2.25 104 – Personal CA w/o ATM Payroll
   26. 7.2.26 108 – Payroll OREMCO
   27. 7.2.27 106 – PER CA W/O ATM Remitt
   28. 7.2.28 203 – NOW W/O ATM Payroll
8. 8. The following Accountholders are NOT eligible to join the promo:
   1. 8.1 Accountholders who are employees of PNB;
   2. 8.2 LTG Group of Companies
   3. 8.3 Corporate Accountholders with existing loan
   4. 8.4 Government accounts
9. 9. Incremental ADB under the following accounts will not be considered:
   1. 9.1 Time Deposit Accounts;
   2. 9.2 Foreign Currency Accounts
10. 10. The Cash Credit for the duration of the promo will depend on the amount of incremental ADB maintained per table below:

    MIN	MAX	CASH CREDIT (MIN) 1/	CASH CREDIT (MAX) 1/	CASH CREDIT (MIN. INTEREST RATE) 1/	CASH CREDIT (MAX. INTEREST RATE) 1/
    100,000	499,999.99	150.00	750.00	0.300%	0.300%
    500,000	1,999,999.99	1,000.00	4,000.00	0.400%	0.400%
    2,000,000	3,999,999.99	5,000.00	10,000.00	0.500%	0.500%
    4,000,000	59,999,999.99	12,000.00	180,000.00	0.600%	0.600%
    60,000,000 and above		180,000.00	180,000.00

    1/ Subject to applicable taxes.

    MIN	MAX	CASH CREDIT (MIN) 1/	CASH CREDIT (MAX) 1/	CASH CREDIT (MIN. INTEREST RATE) 1/	CASH CREDIT (MAX. INTEREST RATE) 1/
    100,000	499,999.99	150.00	750.00	0.300%	0.300%
    500,000	1,999,999.99	1,000.00	4,000.00	0.400%	0.400%
    2,000,000	3,999,999.99	5,000.00	10,000.00	0.500%	0.500%
    4,000,000	59,999,999.99	12,000.00	180,000.00	0.600%	0.600%
    60,000,000 and above		180,000.00	180,000.00

11. 11. Existing eligible Accountholders who will join the promo will be required to meet an additional ADB requirement of at least Php100,000.00. Once enrolled, all accounts associated under one Customer Information Form with the nominated account shall be deemed enrolled, and shall therefore be taken in aggregate when computing incremental ADB for the purpose of this promo. The amount of the Cash Credit varies based on the maintained ADB within the promo period.
12. 12. New Accountholders who will join the promo must commit and generate at least a minimum ADB of Php 100,000.00 to qualify. The amount of the Cash Credit varies based on the maintained ADB within the promo period.
13. 13. Accountholder’s ADB level for the eligible accounts shall be monitored monthly for six (6) months from date of joining in the promo.
14. 14. Accountholder is required to nominate an existing PNB Account Number under his/her name for the Cash Credit. In case of a wrong account number given by the client, the enrollment date will change in the system depending on the date the branch is able to make the necessary corrections.
15. 15. The Cash Credit shall be released at the end of the six (6) months from the enrollment date. For cases wherein the Plan and incremental ADB is not met after six (6) months from enrollment date, only the equivalent Cash Credit shall be released.
    Example:
    Accountholder Plans to maintain an incremental ADB of Php500,000 for 6 months and deposited PHP 500,000.00 to a savings account at the start of the promo. But at the end of six (6) months from the enrollment date, the Accountholder’s computed ADB is only Php250,000.00. Therefore, only Php375.00 (Php250,000×0.30%x180/360) instead of the Php1,000.00 (Php500,000×0.40%x180/360). Cash Credit shall be released in the Accountholder’s nominated account at the end of the six (6) months period from date of enrollment.
    Should the Accountholder’s incremental ADB be more than the Plan ADB on the sixth (6th) month from enrollment date, the equivalent Cash Credit pertaining to the higher incremental ADB shall be credited. Example:
    Accountholder Plans to maintain an incremental ADB of Php100,000 for 6 months and deposited PHP 100,000.00 to a savings account at the start of the promo. But at the end of six (6) months from the enrollment date, the Accountholder’s computed ADB is Php500,000.00. Therefore, Cash Credit of Php Php1,000.00 (Php500,000×0.40%x180/360) will be credited instead of the Php150.00 (Php100,000×0.30%x180/360). Cash Credit shall be released in the Accountholder’s nominated account at the end of the six (6) months period from date of enrollment.
16. 16. A Corporate Accountholder shall become ineligible to enjoy the promo incentive once a loan facility is availed within six (6) months after the enrollment date.
17. 17. Accountholder shall receive an e-mail notification to confirm a successful Cash Credit to the Accountholder’s nominated PNB CASA account.
18. 18. The Cash Credit shall only be available via credit to the nominated account one month after the end of the six (6) months period from date of enrollment.
19. 19. The offer under this promo cannot be used in conjunction with any other PNB promotion.
20. 20. All questions or disputes regarding the Accountholder’s eligibility for the promo shall be resolved solely by PNB. PNB’s decision on such questions or disputes are considered final.
21. 21. The promo Terms and Conditions may be updated by the Bank from time to time upon due notice to the eligible Accountholders.
22. 22. By participating in the promo, the Accountholder agrees that the Bank can debit from the nominated PNB Savings or Checking Account such amount equivalent to the Cash Credit to which the Accountholder is not entitled pursuant to the promo Terms and Conditions.
23. 23. The Bank reserves the right to terminate the promo and the privileges under the promo upon the exercise of its reasonable discretion and according to applicable laws and regulations.
24. 24. For inquiries and concerns, please email our Customer Contact Center at customercare@pnb.com.ph.