PNB Top Booster Promo
Terms and Conditions
- 1. The PNB TOP BOOSTER PROMO (“Promo”) consists of the qualified Accountholders being able to avail of Cash Credits based on their incremental deposit tiering.
- 2. The Promo is open to all New-to-Bank or Existing individual clients who are not employees or related up to the second degree of consanguinity or affinity to any employees of PHILIPPINE NATIONAL BANK (“PNB or the “Bank”), and Corporate/Business Accounts without existing past due loans, not part of the Lucio Tan Group of Companies (LTG Group), and not owned 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 Year To Date-Average Daily Balance (YTD-ADB) for a period of one (1) year from date of enrollment, and earn corresponding cash credits (“Cash Credit/s”) subject to the Promo Terms and Conditions.
- 3. 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 number of days
Ex. Php100,000 was deposited to the Savings Account on Feb 1,2025 and a withdrawal of Php5,000 was made on Feb. 3, 2025. On Feb. 10, the ADB is Php96,000.
DAY NO. OF DAYS DATE DEPOSIT/WITHDRAWAL RUNNING BALANCE CUMULATIVE BALANCE YTD-ADB Tue 1 2/4/2025 100,000 100,000 100,000 100,000 Wed 2 2/5/2025 100,000 200,000 100,000 Thu 3 2/6/2025 5,000 95,000 295,000 98,333.33 Fri 4 2/7/2025 95,000 390,000 97,500.00 Sat 5 2/8/2025 95,000 485,000 97,000.00 Sun 6 2/9/2025 95,000 580,000 96,666.67 Mon 7 2/10/2025 95,000 675,000 96,428.57 Tue 8 2/11/2025 95,000 770,000 96,250.00 Wed 9 2/12/2025 95,000 865,000 96,111.11 Thu 10 2/13/2025 95,000 960,000 96,000.00 DAY NO. OF DAYS DATE DEPOSIT/WITHDRAWAL RUNNING BALANCE CUMULATIVE BALANCE YTD-ADB Tue 1 2/4/2025 100,000 100,000 100,000 100,000 Wed 2 2/5/2025 100,000 200,000 100,000 Thu 3 2/6/2025 5,000 95,000 295,000 98,333.33 Fri 4 2/7/2025 95,000 390,000 97,500.00 Sat 5 2/8/2025 95,000 485,000 97,000.00 Sun 6 2/9/2025 95,000 580,000 96,666.67 Mon 7 2/10/2025 95,000 675,000 96,428.57 Tue 8 2/11/2025 95,000 770,000 96,250.00 Wed 9 2/12/2025 95,000 865,000 96,111.11 Thu 10 2/13/2025 95,000 960,000 96,000.00 - 4. The promo shall run from January 6, 2025 to March 31, 2025 (“Promo Period”). Clients must complete their enrollment within this period to qualify.
- 5. Accountholders may only enroll in the Promo at his / her maintaining branch (interbranch enrollment is not allowed).
- 6. To avail the Promo, eligible Accountholders will sign an Enrollment and Consent Form (ECF) stating the Planned YTD- ADB and a nominated Checking or Savings Account (CASA). Once enrolled, all qualified accounts associated under one Customer Number shall be deemed enrolled and shall be taken in aggregate when computing the incremental YTD-ADB for the purpose of the Promo. Nominating a Savings Account, instead of a Checking Account, is preferable.
- 7. To qualify for the cash credit, eligible accountholders must have an incremental YTD – ADB of P100,000 and maintain this for one (1) year from the enrollment date.
- 8. The nominated account where the Cash Credit will be credited shall be under the Accountholder’s name. Changing of the nominated CASA is not allowed within the Promo Period.
- 9. Only the following Peso Savings and/or Checking Accounts will be considered for the computation of YTD-ADB:
- 300 – Passbook Savings Individual
- 340 – Passbook Savings Corporate
- 400 – Debit Savings
- 402 – Payroll Debit Savings
- 411 – Fast Cash ATM
- 413 – TAP Mastercard Savings
- 500 – MyFirst Savings
- 503 – OFW Peso Savings
- 103 – Payroll Checking
- 105 – OFW Peso Checking
- 107 – Regular Checking Individual
- 112 – Budget Checking
- 116 – Regular Checking Corporate
- 206 – Priority Checking Individual
- 212 – Dedicated Checking Individual
- 214 – Priority Checking Corporate
- 227 – PNBig Checking Trust
- 10. The following Accountholders are NOT eligible to join the promo:
- 10.1 PNB employees and their relatives up to the second degree of consanguinity or affinity
- 10.2 LTG Group of Companies
- 10.3 Individual and Corporate Accountholders with existing past due loan/s
- 10.4 Government accounts
- 11. Incremental ADB under the following accounts will NOT be considered:
- 11.1 Time Deposit Accounts
- 11.2 Foreign Currency Accounts
- 11.3 CASA accounts with more than 0.10% interest rates
- 12. The Cash Credit for the duration of the promo will depend on the amount of incremental YTD-ADB maintained per table below:
MIN MAX CASH CREDIT (MIN) CASH CREDIT (MAX) CASH CREDIT
(MIN. INTEREST RATE)CASH CREDIT
(MAX. INTEREST RATE)100,000 499,999.99 600.00 3,000.00 0.60% 0.60% 500,000 1,999,999.99 4,000.00 16,000.00 0.80% 0.80% 2,000,000 3,999,999.99 20,000.00 40,000.00 1.00% 1.00% 4,000,000 59,999,999.99 48,000.00 720,000.00 1.20% 1.20% 60,000,000 and above 720,000.00 720,000.00 MIN MAX CASH CREDIT (MIN) CASH CREDIT (MAX) CASH CREDIT
(MIN. INTEREST RATE)CASH CREDIT
(MAX. INTEREST RATE)100,000 499,999.99 600.00 3,000.00 0.60% 0.60% 500,000 1,999,999.99 4,000.00 16,000.00 0.80% 0.80% 2,000,000 3,999,999.99 20,000.00 40,000.00 1.00% 1.00% 4,000,000 59,999,999.99 48,000.00 720,000.00 1.20% 1.20% 60,000,000 and above 720,000.00 720,000.00 - 13. Existing eligible Accountholders who will join the Promo will be required to meet an additional YTD-ADB requirement of at least Php100,000.00. The amount of the Cash Credit varies based on the maintained ADB within the Promo Period.
- 14. New Accountholders who will join the Promo must commit and generate at least a minimum YTD-ADB of Php100,000.00 to qualify. The amount of the Cash Credit varies based on the maintained YTD-ADB within the Promo Period.
- 15. Accountholder’s YTD-ADB level for the eligible accounts shall be monitored monthly for one (1) year from date of joining the Promo.
- 16. Accountholder is required to nominate an existing and active 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 depending on the date the branch is able to make the necessary corrections.
- 17. The Cash Credit shall be released one (1) month after the end of one (1) year from the enrollment date net of tax. For cases wherein the Planned incremental YTD-ADB is not met after one (1) year from enrollment date, only the equivalent Cash Credit shall be released.
Example #1:
Accountholder plans to maintain an incremental ADB of Php500,000 for 1 year and deposited PHP 500,000.00 to a savings account at the start of the promo. But at the end of one (1) year from the enrollment date, the Accountholder’s computed incremental YTD- ADB is only Php250,000.00. Therefore, the equivalent Cash Credit is Php1,500.00 (Php250,000.00×0.60%) instead of the Php4,000.00 (Php500,000.00×0.80%).18. There will be no maximum incremental YTD-ADB an enrolled client can deposit, however, the maximum Cash Credit is at Php 720,000.00 net of tax.Planned YTD-ADB increment for 1 year Php500,000.00 Incremental YTD-ADB after 1 year Php250,000.00 Equivalent Net Cash Credit Php250,000.00 x 0.60% = Php1,500.0
Example #2:
Accountholder plans to maintain an incremental ADB of Php50,000,000 for 1 year and deposited PHP 60,000,000.00 to a savings account at the start of the promo. At the end of one (1) year from the enrollment date, the Accountholder’s computed incremental YTD- ADB is only Php65,000,000.00. Therefore, the equivalent Cash Credit is Php720,000.00 (Maximum Cash Credit) instead of the Php65,000,000.00 (Php65,000,000.00×1.20%= Php780,000.00.19. If the computed incremental YTD-ADB after one (1) year from enrollment date is more than the stated planned incremental YTD-ADB, the equivalent Cash Credit shall be computed on the actual incremental amount earned.Planned YTD-ADB increment for 1 year Php50,000,000.00 Incremental YTD-ADB after 1 year Php65,000,000.00 Equivalent Net Cash Credit Php720,000.00 (Maximum Cash Credit)
Example:
Accountholder plans to maintain an incremental YTD-ADB of Php100,000 for 1 year and deposited PHP 100,000.00 to a savings account at the start of the promo. But at the end of one (1) year from the enrollment date, the Accountholder’s computed YTD-ADB is Php500,000.00. Therefore, Cash Credit of Php Php4,000.00 (Php500,000.00×0.80%) will be credited instead of the Php600.00 (Php100,000×0.60%).20. Cash Credit shall be released to the Accountholder’s nominated account one (1) month after the end of one (1) year from the date of enrollment net of tax.Planned YTD-ADB increment for 1 year Php100,000.00 Incremental YTD-ADB after 1 year Php500,000.00 Equivalent Net Cash Credit Php500,000.00 x 0.80% = Php 4,000.00
- 21. Please refer to the table below for the incremental YTD-ADB computation:
Enrollment Date Baseline YTD-ADB ACTUAL YTD-ADB* Formula for the Incremental YTD-ADB January 6, 2025 YTD-ADB as of December 31, 2024 January 1, 2025 to December 31, 2025 Depending on the enrollment date, deduct the Baseline YTD-ADB from the actual YTD-ADB of the applicable covered period February 3, 2025 YTD-ADB as of January 31, 2025 February 1, 2025 to January 31, 2026 March 10, 2025 YTD-ADB as of February 28, 2025 March 1, 2025 to February 28, 2026 Enrollment Date Baseline YTD-ADB ACTUAL YTD-ADB* Formula for the Incremental YTD-ADB January 6, 2025 YTD-ADB as of December 31, 2024 January 1, 2025 to December 31, 2025 Depending on the enrollment date, deduct the Baseline YTD-ADB from the actual YTD-ADB of the applicable covered period. February 3, 2025 YTD-ADB as of January 31, 2025 February 1, 2025 to January 31, 2026 March 10, 2025 YTD-ADB as of February 28, 2025 March 1, 2025 to February 28, 2026 - 22. Individual and Corporate Accountholder shall become ineligible to enjoy the Promo once a loan facility has been past due within six (6) months after the enrollment date.
- 23. For joint accounts, the first accountholder to enroll in the Promo shall be entitled to use the Joint Account.
Example:
- Client A maintains an OR Account with clients B and C.
- Client B also maintains an Individual Account under his name.
- Client C has no other account aside from his OR Account with clients A and B.
Client who Enrolled Enrollment Date Qualified to enroll? Yes/No Qualified Account Client A January 15, 2025 Yes OR Account with Client B &C Client B January 16, 2025 Yes Individual Account of Client B Client C January 17, 2025 No None Client who Enrolled Enrollment Date Qualified to enroll? Yes/No Qualified Account Client A January 15, 2025 Yes OR Account with Client B &C Client B January 16, 2025 Yes Individual Account of Client B Client C January 17, 2025 No None - 24. Accountholder shall receive an e-mail notification to confirm successful promo enrollment on the first (1st) week of the following month and another email notification for successful Cash Credit to the Accountholder’s nominated PNB CASA account one (1) month after the end of the one (1) year period from enrollment date.
- 25. The Cash Credit shall only be available via credit to the nominated account one (1) month after the end of the one (1) year period from the date of enrollment net of tax.
- 26. The Cash Credit is non- transferrable.
- 27. The Promo cannot be used in conjunction with any other PNB promotion.
- 28. All questions or disputes regarding the Accountholder’s eligibility for the Promo shall be resolved by PNB and its decision on such questions or disputes are considered final.
- 29. The Promo Terms and Conditions may be updated by the Bank from time to time upon due notice to the eligible Accountholders.
- 30. 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.
- 31. 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.
- 32. For inquiries and concerns, you may contact your branch of account or our Customer Care at +632 8573 8888 / customercare@pnb.com.ph.
Promo runs from January 6 to March 31, 2025. Per DTI Fair Trade Permit No. FTEB-209824 Series of 2024.