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EzyCash at 0.70% per month. Turn your available credit into cash and pay with installment terms of 3, 6, 12, 18, or 24 months at fixed monthly add-on rate as low as 0.70%.

A. PROMO MECHANICS

EzyCash promo is open to select Principal Maybank Credit Cardholders (“Cardholder/s”) who have received an EDM or SMS about this promotion.
EzyCash monthly add-on rate offers of 0.88% for 3 and 6 months term and 0.70% for 12, 18, and 24 months term are valid from November 1, 2021 to December 31, 2022.
The required minimum EzyCash amount is Php10,000 and maximum amount shall be set at 70% of the credit card available or Php500,000.00, whichever is lower and regardless of term.
EzyCash requests are still subject to verification and approval of Maybank Philippines, Inc. ("MPI"). Depending on account verification and approval, MPI may approve an EzyCash request that is less than the Cardholder’s requested amount.
Cardholder is only allowed a maximum of three (3) requests per month.
For approved EzyCash applications, proceeds will be released through the following:
1. Deposit to MPI Account. This shall be free of charge.
2. Cheque Deposit to Non-MPI Account. EzyCash Managers' Check Fee of Php 100.00 which will be charged to the Cardholder upon approval. In addition, inter-branch transfer fee shall be borne by the Cardholder depending on the fee charged by their depository bank.
3. If Cardholder is not yet an existing depositor in MPI, he/she may open an iSave account. For more details on how to open an iSave Account, visit https://www.maybank.com.ph/en/personal/move/isave.html

B. TERMS AND CONDITIONS:

Cardholders may request for EzyCash via M2U app.

Alternative option is via Maybank Customer Service Hotline at (02) 8588 – 3888 or PLDT Domestic Toll Free at 1-800-10-588-3888.
Processing time is 10 to 15 banking days.

Add-on rates and corresponding factor rates per term are as follows:

EzyCash	Term	Monthly Add-On Rate	Factor Rate
	3	0.88%	0.342133333
	6	0.88%	0.175466667
	12	0.70%	0.090333333
	18	0.70%	0.062555556
	24	0.70%	0.048666667

The following details must be provided by Cardholder to process the request:
1. Maybank Credit Card number
2. Maybank Credit Card expiry date
3. EzyCash Amount to be availed
4. EzyCash term (3, 6, 12, 18 and 24 months)
5. Maybank iSave Account Number and Name to credit EzyCash proceeds.
For crediting of proceeds, only one Maybank deposit transaction shall be allowed. No splitting of proceeds to several accounts shall be accommodated.
MPI shall not be held liable for any loss, damage or liability (actual or potential) incurred by the Cardholder for reasons, including but not limited to, erroneous/invalid account number, rejected deposit through no fault of MPI.
For joint accounts, the Cardholder bears the sole responsibility of securing EzyCash proceeds. MPI shall not be held liable for problems arising from the nature of the deposit account submitted by the cardholder.
First month amortization of EzyCash will be automatically posted to cardholder's Statement of Account upon Statement Date.
The total EzyCash amount (principal + interest) must not exceed the principal cardholder's available credit limit at the time of Ezycash application.
Once EzyCash application has been approved, the principal amount with interest will be earmarked against the cardholder's available credit limit. The monthly amortization shall be posted as a regular transaction on Cardholder's Statement of Account and shall form part of the Minimum Amount Due.
A monthly add-on interest rate based on prevailing rates will be charged on the amount applied for installment. The total interest is computed by multiplying the principal amount with the monthly add-on interest rate multiplied by the chosen payment term. Total EzyCash Amount is the sum of principal amount and total interest.
The monthly amortization is computed by multiplying the Total EzyCash Amount with the chosen payment term’s factor rate:

Fixed Monthly Amortization = Total EzyCash Amount x Factor Rate of EzyCash Term

Total EzyCash Amount

= Php 50,000.00

EzyCash Term

= 18 months

Factor Rate

= 0.062555556

Fixed Monthly Amortization

(Php 50,000.00 x 0.065455556)

= Php 3,127.78
In case of pre-termination or cancellation of EzyCash, please take note of the Pre-Termination Fee equivalent to five percent (5%) of the unbilled principal component of the Total Amount Payable or Php500.00, whichever is higher, plus a one (1) month add-on interest that will be added up to the Principal Amount.
Cardholder has a cooling-off period of two (2) banking days from date of approval to carefully review the terms and conditions. Should the cardholder wish to cancel the EzyCash request within this period, s/he may notify MPI by calling Maybank Customer Service Hotline at (02) 8588-3888. Otherwise, MPI shall deem the request as final and pre-termination fees will be applied for any cancellation request beyond the cooling-off period.
In the event that the Maybank Credit Card account is 90 days or more past due, the EzyCash installment plan will be cancelled, and any remaining unpaid balance will be billed to the Maybank Credit Card account in full as a regular retail transaction and will be subject to the standard monthly interest of three percent (3%) per month.
EzyCash transactions shall not earn TreatsPoints.
The use of Maybank Credit Card in connection with this EzyCash facility is subject to the Terms and Conditions governing Issuance of Maybank Credit Cards. The EzyCash Program is further subject to all relevant laws, government directions and regulations existing in the Philippines.

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Total EzyCash Amount	= Php 50,000.00
EzyCash Term	= 18 months
Factor Rate	= 0.062555556
Fixed Monthly Amortization (Php 50,000.00 x 0.065455556)	= Php 3,127.78