Low Interest Rate
The new 2% monthly interest rate is lower than previous installment plan offers. This means any interest charged on the unpaid balance is much more affordable.
You have control and flexibility on how much to pay every month as long as it is not lower than the Minimum Amount Due, which is 7% of your unpaid balance or P700 whichever is higher.
When you make a big purchase, you can set a goal on how much you will pay off every month depending on what you can afford. The unpaid balance is charged a low 2% monthly.