Guide on PNB Ze-Lo Mastercard Features & Requirements for Application
PNB ZE-LO MASTERCARD – Here are the features of this credit card offer of the Philippine National Bank or more commonly called PNB.
Nowadays, more and more people are in the pursuit of getting a credit card after going into the benefits and privileges of having one. In the country, one of the trusted credit card provider is the Philippine National Bank or more popularly called PNB.
The Philippine National Bank is formerly a government bank until it was fully privatized. It has several offers which encompass both personal and business categories. Aside from the PNB loans, the bank also got credit card offers which include the PNB Ze-Lo Mastercard which saves cardholders from worries about fees while enjoying its many benefits.
Here are the perks and privileges for the cardholders of the PNB Ze-Lo Mastercard offer of the Philippine National Bank:
- zero late payment fees
- zero annual fee for life
- cash advance up to 30% of your credit limit
- lower finance charge of 2.5%
- zero late payment fees
- lower minimum amount due
- free annual fee for life for all supplementary cards
- online acceptable and global acceptance
- option to pay bill in Peso even in abroad
- contactless payment
- multiple installment options such as the following:
- Balance Transfer or moving the balances in your other credit card to your new PNB Credit Card
- Convert-to-Cash, by converting your credit limit to cash and pay light installmentrs
- Transaction Conversion, convert your straight payments into installments
- Zero % Affordable Payment Plan (ZAPP), zero interest for installments up to 24 months when shopping in PNB partner merchants
There are only a few qualifications in applying for the credit card offers of the Philippine National Bank. To qualify, here ade the eligibility requirements under the PNB Ze-Lo Mastercard offer:
- at least 21 years old but not more than 65 years old at the time of the credit card application
- with an annual income of at least Php 120,000
In applying for the PNB Ze-Lo Mastercard offer, the documents required by the bank depends if the applicant is an employed or self-employed Filipino or a foreign national. Here is a guide on the documentary requirements set by the PNB for the credit card application:
Employed Filipinos
- latest one (1) month payslip or Certificate of Employment indicating the Gross Income, Date Hired, and Position or ITR or active principal credit card number with at least 1 year membership
- government-issued ID bearing photo and signature
- Proof of billing (any of the following):
- Utility Bills
- Credit Card Statement of Account
Self-Employed Filipinos
- Latest Income Tax Return with BIR Stamp and latest Audited Financial Statement
- government-issued ID bearing photo and signature
- Proof of billing (any of the following):
- Utility Bills
- Credit Card Statement of Account
Foreign National
Option 1
- Passport
- Alien Certificate of Residence (ACR)
- Proof of billing (for non-carded or non-depositor)
- Utility Bills (electricity, telephone, etc.) or Credit Card Statement of Account
- And any of the following:
- National ID
- Internal Revenue Service (IRS) ID
- Social Security Number (SSN) ID
- Driver’s License
- Work permit issued by DOLE (mandatory requirement) if employed in the Philippines
- Company ID issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC, or IC
Option 2
- Passport
- Unexpired Philippine Retirement Authority ID (PRA) or Special Resident Retiree’s Visa (SRRV)
- Proof of billing (for non-carded or non-depositor)
- Utility bills (electricity, telephone, etc.) or credit card statement of account
- And any of the following:
- Bureau of Immigration Approved Order
- Certificate of Deposit issued by the Bank where the PRA/Visa is deposited
