The promo is applicable to all Metrobank Peso Visa/Mastercard, Metrobank Vantage Visa/Mastercard, M Free Mastercard, Titanium Mastercard, Platinum Mastercard, World Mastercard, PSBank Credit Mastercard, NCCC Mastercard, Toyota Mastercard, Robinsons Mastercard, ON Virtual Mastercard, Rewards Plus Visa, Femme Visa, Femme Signature Visa, Cashback Platinum Visa, and Travel Platinum Visa credit cardholders in good credit standing only. The promo is not applicable to Metrobank Dollar Mastercard, Metrobank Prime Debit, Prepaid and YAZZ Prepaid Visa cards.

The promo period is from October 20 to November 30, 2023 only.

Automatically convert your purchase at Klook PH into installments at 0.83% per month using your Metrobank credit card. Valid for a minimum single-receipt spend of PHP 5,000.

Promo codes for each installment term:

MBKLOOK03 – 3 months
MBKLOOK06 – 6 months
MBKLOOK12 – 12 months
MBKLOOK24 – 24 months

Note: Failure to key-in the appropriate promo code shall disqualify the cardholder from availing the conversion to installment.

How to avail for the installment offer:

a. Select Metrobank credit card upon checkout.

b. Input promo code before payment*.

c. Complete straight payment.

d. Metrobank will automatically convert the straight transaction to installment.

*By entering the selected promo code and completing the purchase, cardholder is agreeing to the Klook and Metrobank Installment-After-Purchase Terms & Conditions.

Installment is available in tenors of 3, 6, 12, or 24 months. The monthly amortization is dependent on the Total Amount Payable and the selected term, with a fixed interest rate of 0.83% per month.

A processing fee amounting to PHP 500 for every transaction successfully converted to installment will be charged to the cardholder’s account.

Succeeding monthly amortizations shall be billed to the cardholder in the succeeding Statements of Account (SOAs) until the Total Amount Payable is billed in full.

The transaction will initially be charged to the cardholder’s credit card as a straight transaction. The straight transaction will be converted into a 0.83% installment transaction within fifteen (15) calendar days after the transaction date, subject to the following:

• Statement of Account: If the transaction is converted before the cardholder’s cut-off date, the installment transaction will be reflected in the cardholder’s Statement of Account (SOA).

• Statement of Account: If the transaction is converted after the cardholder’s cut-off date, the installment transaction will be reflected in the succeeding Statement of Account (SOA) and the cardholder’s outstanding balance will be deducted by the amount equivalent to the Klook PH transaction.

• Minimum Amount Due: If the Klook PH transaction is converted after the cardholder’s statement of account (SOA) cut-off date, the minimum amount due computation will include the full amount of the Klook PH purchase, plus cardholder’s other retail purchases.

If the cardholder decides to pay an amount less than the total amount due stated in the SOA, the full amount of the Klook PH transaction may be part of the Finance Charge computation that will reflect in the cardholder’s succeeding cycle.

For affected transactions, the Finance Charge computation applicable to the Klook transaction will be credited back to the cardholder’s account within 7 banking days after the Statement of Account.

Cardholder will receive an SMS once the straight transaction has been successfully converted to installment or in the event that the conversion is denied.

Full amount purchased shall be deducted from the cardholder’s available limit at the time of purchase.

All installment transactions and corresponding installment terms are subject to the terms and conditions governing the issuance and use of Metrobank credit cards, and all related provisions of the Metrobank Balance Conversion program, which are not inconsistent hereto.

The conversion to installment shall be subject to the cardholder’s acceptance of the Klook PH Installment After Purchase terms and conditions, to verification and credit approval by Metrobank, and subject to the cardholder’s good credit standing. Good credit standing refers to cardholders whose accounts are not delinquent, not under investigation due to suspected fraudulent activities, those whose Metrobank credit cards are not reported lost or stolen, and those who have not, otherwise, violated any of the terms and conditions governing the issuance and use of Metrobank credit cards. The cardholder agrees that Metrobank shall have no obligation to disclose the particular reason/s for denial of the application.

Upon approval by Metrobank of the conversion, the cardholder's availment is deemed irrevocable and may not be cancelled.

If the cardholder chooses to accelerate the Klook PH installment with Metrobank, with or without advice, a pre-termination fee of PHP 550 or 5% of the remaining principal balance, whichever is higher, shall be billed to the cardholder. Any remaining balance (i.e. remaining principal amount based on Diminishing Balance computation and/or penalties, interest and other charges) shall be billed in the next statement cycle together with the applicable interest charge. Unbilled interest for accelerated amortizations are forgone or will no longer be collected.

Any dispute concerning the products or services related to the promo shall be settled directly between the cardholder and Klook PH with the concurrence of the DTI. Klook PH agrees to hold Metrobank free and harmless from any liability in the event of such dispute.

By availing of this installment conversion program, the cardholder confirms that he/she has read, understood and agreed to the promo mechanics and its terms and conditions, the Metrobank Balance Conversion program and Metrobank’s Privacy Policy.

For any questions or clarifications, please contact Metrobank at 88700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customerservice@metrobankcard.com.

Metrobank is regulated by the Bangko Sentral ng Pilipinas. Cardholders may likewise refer their concerns to Bangko Sentral ng Pilipinas at 8811-1277 or send an email to consumeraffairs@bsp.gov.ph.