Clients w/ AUB Credit Cards May Avail the 60-Day Grace Period Offer
AUB CREDIT CARDS – Here is a guide on who are qualified to avail the 60-day grace period offer of Asia United Bank (AUB) on credit card bills.
The national government passed and approved the Republic Act No. 11494 or otherwise known as the Bayanihan To Recover As One Act. It is the second tranche of the Bayanihan 1.
Bayanihan 2 aims to help the different sectors of the government and as well as the private individuals in coping with the demands of the pandemic. Undeniably, a lot of people are financially struggling now.
One of the mandates of Bayanihan 2 is loan moratoriums and as well as grace period on other bills. A lot of people who lost their jobs have loans and bills to pay apart from the challenge of putting food in the table amid the crisis.
The Asia United Bank (AUB) is one of those that comply with the mandates of Bayanihan 2. There is a 60-day grace period offer on bills for AUB credit cards.
According to the bank, it is a one-time offer that may be granted beginning September 15, 2020 “on the minimum amount due (MAD) falling due within the Coverage Period and billed not later than September 15, 2020”.
Who are eligible to avail the one-time 60-day grace period offer on bills for AUB credit cards? According to the bank, clients who have active accounts with “current” status may avail the said grace period offer.
If you will the one-time 60-day grace period offer on bills for AUB credit cards, you won’t be charged of an interest on interest and as well as late-payment fees and charges.
According to AUB, if such charges appear on your billing statement, “please be assured that this will be reversed”. The same thing will apply if you have already paid your bill.
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READ ALSO: APPLY AUB SEAFARERS LOAN – How To Apply for Asia United Bank Seafarers Loan
