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Holiday Deals Promo Mechanics

1. Equicom Payment Deals Program is open to all active and current Equicom Credit Cardholders with good credit standing.

2. Equicom Credit Cardholders with accumulated straight transactions may opt to convert these to affordable monthly installment payments provided that these transactions are reflected in the current monthly statement of account. The monthly amortization should be within available credit limit and the gross amount within the available installment line at the time of availment.

3. The duly accomplished Equicom Payment Deals Program application form may be submitted to an Equicom Savings Bank (EqB) branch or via fax to Equicom Customer Service at (02) 2415952.

4. The following are the terms and current rates for the program and are subject to change upon approval by the Bank.

Term

Monthly
Add-on rate

Factor
Rate

Effective
Rate

Minimum
Amount

3 months
1.00%
0.343333
17.91%
Php5,000.00
6 months
1.00%
0.176667
20.28%
Php5,000.00
9 months
1.00%
0.121111
21.11%
Php5,000.00
12 months
0.80%
0.091330
17.26%
Php5,000.00
18 months
1.00%
0.065556
21.64%
Php10,000.00
24 months
1.00%
0.051667
21.57%
Php10,000.00

5. When converting straight purchases to installment, the regular credit limit corresponding to the amount converted shall be made available for use.

6. A pre-termination fee of 5% based on the remaining unpaid principal balance or P500.00, whichever is higher, shall be imposed in case of pre-termination.

7. Equicom Payment Deals transactions are not eligible to earn Equicom Key Points.

8. If the Cardholder pays only a portion of the monthly installment due, the unpaid balances shall be subject to interest and penalty charges based on the

9. EqB shall have the absolute and exclusive right to approve or reject Equicom Payment Deals Program applications based on its internal policies or for reasons it deems justifiable. Thus, if the cardholder has no sufficient available credit limit, EqB has the sole discretion to approve only a portion of the amount applied for.

How to compute for the monthly amortizations:
Example:
Term Three (3) months
Amount to be Applied Php20,000.00
x Factor Rate 0.343333
Monthly Installment P6,866.66

Cash Deals Promo Mechanics

1. The Equicom Cash Deals program is open to all Equicom Credit Cardholders whose accounts are active and current in status.

2. To avail, Cardholder must submit the following required documents:

a. Duly accomplished Cash Deals Application Form

b. At least one (1) valid Government-issued ID

c. Photocopy of the Equicom Credit Card (front portion only)

3. Equicom Credit Cardholders may submit the required documents through any of the following channels:

a. Equicom Savings Bank (EqB) Branch

b. Fax to Equicom Customer Service at (02) 241-8945

4. The Cash Deals transaction amount to be availed must be within the cardholder’s available limit.

5. The following are the terms and current rates for the program and are subject to change upon approval by the Bank.

Term

Monthly
Add-on rate

Factor
Rate

Effective
Rate

Minimum
Amount

3 months
1.00%
0.343333
17.91%
Php5,000.00
6 months
1.00%
0.176667
20.28%
Php5,000.00
9 months
1.00%
0.121111
21.11%
Php5,000.00
12 months
0.80%
0.091330
17.26%
Php5,000.00
18 months
1.00%
0.065556
21.64%
Php10,000.00
24 months
1.00%
0.051667
21.57%
Php10,000.00

6. Cash Deals transactions are subject to Bank approval. Release of Cash Deals proceeds shall be as follows:

a. If via EqB Branch – cash will be released immediately upon complete verification of documents and approval of Cash Deals transaction.

b. If via Fax – proceeds will be deposited directly to the Cardholder’s Current or Savings account with EqB or with another bank as indicated on the application form within five (5) banking days from receipt of the Cash Deals application and required documents.

7. A processing fee of Php400.00 shall be charged for every approved Cash Deals transaction. This shall be posted to the Cardholder’s account together with the first monthly amortization.

8. If the Cardholder pays only a portion of the monthly installment due, the unpaid balances shall be subject to interest and penalty charges based on the prevailing interest rates.

9. In case of pre-termination, the Cardholder shall pay a pre-termination fee of 5.00% of the unpaid principal amount or Php500.00, whichever is higher.

10. EqB shall have the absolute right to approve or reject Cash Deals applications based on its internal policies or for reasons it deems justifiable. Thus, if the Cardholder has no sufficient installment limit, EqB has the sole discretion to approve only a portion of the amount applied for.

11. EqB is under no obligation to neither notify the Cardholder of such disapproval nor discuss the reason/s thereof.


Equicom Savings Bank partners with Home Guaranty Corporation’s Bankers – Builders – Buyers Program

Equicom Savings Bank (EqB), signed a partnership with Home Guaranty Corporation (HGC) through its Bankers – Builders – Buyers (BBB) Program. HGC President Atty. Manuel R. Sanchez, Equicom Group Vice Chairman Rene J. Buenaventura, and his Excellency, Housing and Urban Development Coordinating Council (HUDCC) Chairman and Vice President Jejomar C. Binay graced the formal launching of EqB’s partnership with HGC.
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The BBB Program of HGC is an enhancement of its primary function as Housing Fund Mobilizer. The BBB Program brings together bankers, builders and buyers in a solid housing finance unit that complements each other’s needs and functions. The partnership with HGC’s BBB Program will boost EqB’s current home loan offerings through a deeper understanding of the needs and functions of different builders and buyers under the BBB Program.

The BBB Program assists partner banks in promoting their housing loan products to builders and homebuyers, and in turn, brings builders to banks for project financing and promoting housing units to prospective homebuyers. By working hand in hand with HGC, EqB will see to grow and develop their current home loan offerings through the program’s assistance.

Moreover, the BBB Program guides prospective homebuyers to self-qualify for housing loans and provides them with home-buying options according to their financial capacities and preferences such as housing unit, location, etc.

Being the first ever recipient of the Pagtugon Award given by the Bangko Sentral ng Pilipinas, EqB ensures responsiveness to the needs of their clients by partnering with entities like HGC that shares the same mission of providing practical home ownership programs. EqB offers convenient home loan procedures, reasonable processing turn-around time and very competitive home loan rates in the industry, while HGC provides flexible guarantees and tax incentives to banks, financial institutions and investors granting housing development loans and home financing.

Partnering with a reputable entity like HGC, EqB once again proves itself as one the country’s most preferred savings bank – the bank that ensures responsiveness to the interest of its clients and the bank that continues to put their customers first in everything they do.

New Year, New Opportunities with Equicom Savings Bank

Equicom Savings Bank (EqB) responds to the call of the Bangko Sentral ng Pilipinas (BSP) to promote the benefits derived from banks and the role they play in strengthening the Philippine economy as they participated in the annual National Banking Week, 1 to 7 January 2013.

With the theme “Masaganang Lipunan, Bunga ng Salaping Iniingatan. Mag-impok sa Bangko,” BSP, together with EqB, encouraged the public to get into the habit of saving. The weeklong celebration highlighted the importance of saving money with the end goal of uplifting lives and contributing to the growth of the Philippine economy.

EqB is one with BSP’s duty of promoting the benefits derived from banks and the role they play in strengthening the economy of the country. With EqB’s various savings account options, flexible loan offers, and innovative banking solutions, it is very convenient for customers to set aside a portion of their money and save it in a bank. After all, having a bank account has numerous benefits and advantages as well. A bank account provides financial security for immediate and future use – for the education of your child, for medical emergencies, for home upgrades, for investment opportunities to start your own business, and even for retirement savings.

EqB offers a wide array of products ranging from deposits, investments, credit, debit and prepaid cards and business/corporate loans, as well as Cash Management facilities and services. All the products of EqB cater to their clients’ specific needs and offer competitive interest rates, which are testaments that ensure responsiveness to the needs of EqB clients.

This 2013, discover the many financial opportunities offered by EqB to help maximize your savings and secure your future. EqB’s professional team is ready to provide you with a rewarding and enlightening experience as they walk you through their offerings.

For easy, affordable and secure banking, open an EqB account today and experience top-notch service only from the preferred savings bank in the country.

Equicom Savings Bank, the first ever recipient of the Pagtugon Award given by the BSP, is a proud member of the Equicom Group, a diversified conglomerate engaged in the areas of information technology, computer services, banking, financial and leasing services, and healthcare

Equicom Savings Bank (EqB) Diliman Branch celebrates its 2nd anniversary

Located along Matalino Street corner Malakas Street, Diliman, Quezon City, opened its doors two years ago in this expanding, diverse and thriving business sector of the city. EqB Diliman branch has been serving the needs and providing responsive and innovative financial solutions in this growing community since its relocation from Cubao in 2011.

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Present in the ceremony were (1st row L-R): Mr. Reghis M. Romero II – Chairman RII Builders & Philippine Ecology Systems Corporation, Mr. Rene J. Buenaventura – Vice Chairman of Equicom Group, Ms. Elizabeth M. Enciso – Vice President of Legacee Real Estate Corp, Mr. Jose Fernando T. Alcantara – President & CEO of Metro Cebu Public Savings Bank, Ms. Melanie Anne C. Alcantara – Department Manager – Division of Ancillary Services – St. Luke’s Medical Center Global City, Ms. Rosario S. Bautista – Vice President and Branch Head of EqB Diliman Branch; (2nd row L-R): Mr. Jose Pastor Z. Puno – President of Maxicare Healthcare Corporation, Mr. Alan David L. Matutina – Senior Vice President, Chief Operating Officer & Officer-In-Charge of EqB, Ms. Clara C. Danac – Chairman of Danac & Associates Accounting Firm, and Mr. Constante C. Lapuz – President & CEO of Algo Leasing and Finance, Inc.

3+1 Lunch Buffet Offer at Spiral

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TERMS AND CONDITIONS FOR VISA- SOFITEL (Spiral) PROMOTION

By availing of the Visa- SOFITEL (Spiral) Promotion (“Promotion”), the participants hereby expressly agree to be bound by these Terms and Conditions and the decisions of Visa Worldwide Pte. Limited (“Visa”).

Eligibility

  1. The Promotion is open to all principal and supplementary holders of Visa Gold, Platinum and Infinite cards issued in Philippines and abroad (“Cards”) (“Cardholders”).

Promotion Mechanics and Conditions

  1. The Promotion commences on April 15, 2013 and ends on August 15, 2013 (“Promotion Period”). All transactions must be made within the Promotion Period to avail of the Promotion.
  2. Offer: Visa cardholders can avail of a 3+1 (buy 3 get 1 free) offer on all buffet lunch at Spiral. Offer is valid for all days of the week (for lunch buffet only).
  3. There is no limit to the number of free lunches that can be availed. Cardholders may avail of 1 free lunch for every 3 paid lunches.
  4. The get one free offer is only available to a party of 4 or multiples of 4
  5. All 3 lunch buffets have to be charged to one Visa card to avail of the free offer.
  6. A principal Card account is treated separately from the supplementary Card account. Transactions for the principal account will be considered separate from transactions of the supplementary account and vice versa.
  7. This promotion cannot be used in conjunction with any other Sofitel promotion and discount.

Per DTI NCR Permit No A1-0270 series of 2013.

Equitable Foundation, Inc. and San Beda College Alabang Forge Partnership to Provide Quality Education to Underprivileged Students

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Equitable Foundation, Inc., a non-profit organization and a member of the Equicom Group of Companies, recently inked a partnership with San Beda College Alabang (SBCA) to provide quality education for underprivileged high school graduates for the 2013-2014 School Year.

The foundation was established in honor of Go Kim Pah, who founded Equitable Bank in 1950, to engage in philanthropic, humanitarian, and charitable causes. Consistent with its thrust, the foundation will provide grants through the Go Kim Pah Scholarship Program in the fields of Accountancy and Information Technology.

“The Equitable Foundation is proud to work with SBCA, one of the leaders in Accounting and I.T. education, as its partner in enabling a brighter future for underprivileged but deserving students,” said Equicom Group Vice Chair, Rene J. Buenaventura.

SBCA is also a client of Equicom Savings Bank (EqB), a proud member of the Equicom Group of Companies, through its Alabang branch.

Present during the signing ceremony standing from the left are: Joselito B. Cobarrubias, Vice President, EqB South Luzon Area and Lipa Branch Head; Magdalena Regullano, Former SBCA Registrar; Amy de Leon, SBCA Comptroller; EqB Alabang Branch Manager Charmaine Fule and Fr. Tarcisio Ma. Narciso, OSB, Abbot (Abbey of Lady of Montserrat, Mendiola). Seated from left are: Equicom Group Director Bobby Ang, Former SBCA Rector Dom Clement Ma. Roque, OSB, and Equicom Group Vice Chairman Rene J. Buenaventura.

Electronic Banking Consumer Awareness Program

At Equicom Savings Bank (EqB), the security of our clients’ identities and accounts is as important to us as it is for you. As such, we recognize that we are partners in complying with the Bangko Sentral ng Pilipinas’ (BSP) requirements to safeguard customer information; prevention of money laundering and terrorist financing; reduction of fraud and theft of sensitive customer information; and promotion of legal enforceability of the Bank’s electronic agreements and transactions.

To complement the security features, systems, and best practices implemented by EqB, we encourage you to adopt the following security guidelines in our joint responsibility to offer the most protection for your banking transactions.

  1. Internet Products and Services

    1. Secure Login ID and Password or PIN

      • Do not disclose Login ID and Password or PIN
      • Do not store Login ID and Password or PIN on the computer.
      • Regularly change password or PIN and avoid using easy-to-guess passwords such as names or birthdays. Password should be a combination of characters (uppercase and lowercase) and numbers and should be at least 6 digits in length.
    2. Keep personal information private.

      • Do not disclose personal information such as address, mother’s maiden name, telephone number, social security number, bank account number or e-mail address — unless the one collecting the information is reliable and trustworthy.
    3. Keep records of online transactions.

      • Regularly check transaction history details and statements to make sure that there are no unauthorized transactions.
      • Review and reconcile monthly credit card and bank statements for any errors or unauthorized transactions promptly and thoroughly.
      • Check e-mail for contacts by merchants with whom one is doing business. Merchants may send important information about transaction histories. Immediately notify the bank if there are unauthorized entries or transactions in the account.
    4. Check for the right and secure website.

      • Before doing any online transactions or sending personal information, make sure that correct website has been accessed. Beware of bogus or “look alike” websites which are designed to deceive consumers.
      • Check if the website is “secure” by checking the Universal Resource Locators (URLs) which should begin with “https” and a closed padlock icon on the status bar in the browser is displayed. To confirm authenticity of the site, double-click on the lock icon to display security certificate information of the site.
      • Always enter the URL of the website directly into the web browser.
      • Avoid being re-directed to the website, or hyperlink to it from a website that may not be as secure.
      • If possible, use software that encrypts or scrambles the information when sending sensitive information or performing e-banking transactions online.
    5. Protect personal computer from hackers, viruses and malicious programs.

      • Install a personal firewall and a reputable anti-virus program to protect personal computer from virus attacks or malicious programs.
      • Ensure that the anti-virus program is updated and runs at all times.
      • Always keep the operating system and the web browser updated with the latest security patches, in order to protect against weaknesses or vulnerabilities.
      • Always check with an updated anti-virus program when downloading a program or opening an attachment to ensure that it does not contain any virus.
      • Install updated scanner software to detect and eliminate malicious programs capable of capturing personal or financial information online.
      • Never download any file or software from sites or sources, which are not familiar or hyperlinks sent by strangers. Opening such files could expose the system to a computer virus that could hijack personal information, including password or PIN.
    6. Do not leave computer unattended when logged-in.

      • Log-off from the internet banking site when computer is unattended, even if it is for a short while.
      • Always remember to log-off when e-banking transactions have been completed.
      • Clear the memory cache and transaction history after logging out from the website to remove account information. This would avoid incidents of the stored information being retrieved by unwanted parties.
    7. Check the site’s privacy policy and disclosures.

      • Read and understand website disclosures specifically on refund, shipping, account debit/credit policies and other bank terms and conditions.
      • Before providing any personal financial information to a website, determine how the information will be used or shared with others.
      • Check the site’s statements about the security provided for the information divulged.
      • Some websites’ disclosures are easier to find than others — look at the bottom of the home page, on order forms or in the “About” or “FAQs” section of a site. If the customer is not comfortable with the policy, consider doing business elsewhere.
    8. Other internet security measures:

      • Do not send any personal information particularly password or PIN via ordinary e-mail.
      • Do no open other browser windows while banking online.
      • Avoid using shared or public personal computers in conducting ebanking transactions.
      • Disable the “file and printer sharing” feature on the operating system if conducting banking transactions online.
      • Contact the banking institution to discuss security concerns and remedies to any online e-banking account issues.
  2. Other Electronic Products

    1. Automated Teller Machine (ATM) and debit cards

      • Use ATMs that are familiar or that are in well-lit locations where one feels comfortable. If the machine is poorly lit or is in a hidden area, use another ATM.
      • Have card ready before approaching the ATM. Avoid having to go through the wallet or purse to find the card.
      • Do not use ATMs that appear to have been tampered with or otherwise altered. Report such condition to the bank.
      • Memorize ATM personal identification number (PIN) and never disclose it with anyone. Do not keep those numbers or passwords in the wallet or purse. Never write them on the cards themselves. And avoid using easily available personal information like a birthday, nickname, mother’s maiden name or consecutive numbers.
      • Be mindful of “shoulder surfers” when using ATMs. Stand close to the ATM and shield the keypad with hand when keying in the PIN and transaction amount.
      • If the ATM is not working correctly, cancel the transaction and use a different ATM. If possible, report the problem to the bank.
      • Carefully secure card and cash in the wallet, handbag, or pocket before leaving the ATM.
      • Do not leave the receipt behind. Compare ATM receipts to monthly statement. It is the best way to guard against fraud and it makes record-keeping easier.
      • Do not let other people use your card. If card is lost or stolen, report the incident immediately to the bank.
    2. Credit cards

      • Never disclose credit card information to anyone. The fraudulent use of credit cards is not limited to the loss or theft of actual credit cards. A capable criminal only needs to know the credit card number to fraudulently make numerous charges against the account.
      • Endorse or sign all credit cards as soon as they are received from the bank.
      • Like ATM card PINs, secure credit card PINs. Do not keep those numbers or passwords in the wallet or purse and never write them on the cards themselves.
      • Photocopy both the front and back of all credit cards and keep the copies in a safe and secure location. This will facilitate in the immediate cancellation of the card if lost or stolen.
      • Carry only the minimum number of credit cards actually needed and never leave them unattended.
      • Never allow credit card to use as reference (credit card number) or as an identification card.
      • Never give your credit card account number over the telephone unless dealing with a reputable company or institution.
      • When using credit cards, keep a constant eye on the card and the one handling it. Be aware of the “swipe and theft” scam using card skimmers. A skimmer is a machine that records the information from the magnetic stripe on a credit card to be downloaded onto a personal computer later. The card can be swiped on a skimmer by a dishonest person and that data can then be used to make duplicate copies of the credit card.
      • Do not leave documents like bills, bank and credit card statements in an unsecure place since these documents have direct access to credit card and/or deposit account information. Consider shredding sensitive documents rather than simply throwing them away. (Some people will go through the garbage to find this information).
      • Notify the bank in advance of a change in address.
      • Open billing statements promptly and reconcile card amounts each month.
      • Do not let other people use your card. If card is lost or stolen, report the incident immediately to the bank.
    3. Mobile Banking

      • Do not disclose your Mobile Banking Pin (MPIN) to anyone.
      • Regularly change the MPIN.
      • Do not let other people use your mobile phone enrolled in a mobile banking service. If the phone is lost or stolen, report the incident immediately to the bank.
      • Be vigilant. Refrain from doing mobile banking transactions in a place where you observe the presence of “shoulder surfers.”
      • Keep a copy of the transaction reference number provided by the Bank whenever you perform a mobile banking transaction as evidence that the specific transaction was actually executed.

Disclaimer: These security tips are mere suggestions to Clients and in no way constitute any representation that adherence thereto will prevent any breach of Client’s confidential information.

Equicom Amazing Zero% Installment (EAZI) – Buy Now Pay later Promo

APPLIANCE

Anson
Automatic Appliance
SM Appliance Center
Western Appliance

BEAUTY AND WELLNESS

Dr. Smile Dental Care & Laser Center
Gold’s Gym
Metro Dental
My Health Clinic
Slimmers World Face & Skin Clinic
Slimmers World International

DEPARTMENT STORE

Kultura
Rustan’s Department Store
SM Department Store

ELECTRONICS

AC Digital Lifestyle
Acer*
Acrotech Micro Devices
Asianic
AV Surfer
Blackberry*
Canon D-Zone*
Cherry Mobile
Globotel Mobile Links
HP Store*
Jr. Mx
Lenovo*
LG*
Memoxpress
Nokia*
O+
Samsung*
Scan & Print Graphics House
Silicon Junior
Silicon Valley Computer Center
Sony Centre by Avid
Sony I.T. Store*
Sony Shop
Sony Vaio Shop
Techead Systems
Toshiba*
Villman Computer Systems Inc.
VStore

EYEWEAR

Ideal Vision
L‘optique
Les Lunettes de Paris

FASHION

Adidas*
Levi’s*
Nike Shop*
Stefanel
Suiteblanco
Surplus Shop

HOME IMPROVEMENT

ACE Builders Center
ACE Express
ACE Hardware
Blims Fine Furniture
Our Home
Sogo Home & Office

JEWELRY

Bedat*
MontBlanc*
Ovo*
Silver Vault*

SPECIALTY SHOPS

Baby Company
JB Music
JB Music and Sports
JB Sports
L’Indochine
Manila Imperial Motor Sales
Manila Music Sports Store
Pet Express
Picture City
Salonga Music and Sports
Sports Central
Toy Kingdom

TRAVEL AND TOURS

Southeast Asian Travel Philippines

*Available at select branches only


New Equicom pricing update

To our Valued Depositors,

Please be advised that effective 01 March 2012, Equicom Savings Bank shall reduce the interest rate for its Peso Checking and Savings Account (CASA) products from 0.75% p.a. to 0.50% p.a.

Further, effective 01 April 2012, Equicom Savings Bank shall increase the Dormancy Fee for its CASA products from P100.00 to P200.00.

We are glad to serve your banking requirements.

Cebu Pacific Promo Terms and Conditions

Eligibility

The promotion is open to all principal and supplementary holders (“Cardholders”) of Visa credit, debit and prepaid cards issued in the Philippines and abroad (“Cards”).

Promotion Mechanics and Conditions:

The promotion commences on 25 June 2015 and ends on 9 July 2015 (“Promotion Period”). All transactions must be made within the Promotion Period to avail of the promotion.

  • This promotion may only be availed online using Visa cards upon key-in of promo code VISA at http://bit.ly/1KFmaNU.
  • Quoted fares are valid for one-way travel only, inclusive of 7 kg hand carry baggage allowance, base fare, web administration fee and taxes collected at point of sale.
  • Terminal fees for non–Manila stations and International Travel Tax of Php 1,620 must be paid at the airport.
  • Promo fares have limited availability and are non-refundable but are re-bookable subject to the following re-booking fees: Php 1,200 for domestic destinations, Php 2,000 for short-haul international destinations and Php 2,500 for long-haul international destinations, plus fare difference.
  • Flight changes, availing of prepaid baggage allowance for check-in baggage and web check-in service can be completed up to four hours before scheduled flight.
Route Price (one-way)
Manila – (Bali) Denpasar PHP 4,288
Manila – Kuala Lumpur PHP 2,688
Clark – Hong Kong PHP 1,888
Iloilo – Hong Kong PHP 2,288
Manila – Hong Kong PHP 2,688
Cebu – Hong Kong PHP 2,288
Kalibo – Hong Kong PHP 2,288
Cebu – Kalibo v.v. PHP 988
Cebu – Caticlan v.v. PHP 1,188
Manila – Kalibo v.v. PHP 1,188
Manila – Cebu v.v. PHP 1,188
Manila – Puerto Princesa v.v. PHP 1,388
Manila – Busuanga v.v. PHP 1,388
Manila – Caticlan v.v. PHP 1,388
Manila – Tagbilaran v.v. PHP 1,388

Manage your plastic money wisely

by Chino Leyco

Owning at least one credit card is becoming essential in today’s lifestyle as it allows consumers to enjoy perks and deals that come with their use and provides emergency tool when an unexpected expense comes along.

Credit cards, or plastics, are also helpful in financial management because it allows individuals to keep track of their expenses. However, some cardholders are still unaware on how to best manage and pay down their debts, resulting in serious default on their cards.

Recently, the Credit Card Association of the Philippines (CCAP) gave pragmatic advice on how one should use their cards responsibly.
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“Maintain your credit card in good standing by paying the total outstanding balance – or at the very least, the minimum amount due – on or before the due date,” said Alex Ilagan, Executive Director and Spokesperson for the CCAP.

Ilagan clarified that finance charges are only imposed when balances are not settled in full on due dates, thus underscoring the importance of checking statements of account for transaction details and due dates.

“Always pay your bills on time to avoid penalties. Remember, you will not be charged of any interest if you settle your balance in full on or before your due date. When paying by check or through any ATM, you also have to take into consideration the three-day clearing window,” Ilagan further noted.

If the cardholder ran up a total bill of R1,000 during the month but decides to pay only R999, the cardholder could be charged interest on the whole R1,000 because of the R1 deficit.

CCAP also would like to offer this simple mantra for the rest of the year: “Charge your credit card with things that you can afford and eventually pay for.” Ilagan also added, “Remember that making a list in advance and setting a budget will save you from payment worries.”

In settling card bills and to avoid incurring any late payment charges, Ilagan also suggests to pay direct debit from the cardholder’s bank account. In this way, consumers are assured that bills payment will be facilitated in a timely manner.

Ilagan also reminds cardholders to spend within their credit limit to avoid additional charges.

FRAUD

Along with responsible credit card management, the CCAP also urged the public to be vigilant against unscrupulous individuals or emails that inquire about sensitive information regarding the cardholder.

Ilagan explains banks will never ask for sensitive information such as your complete credit card number through emails, phone calls or text message, unless the cardholder is the one contacting the bank.

For this reason, CCAP outlined several warning signs cardholders should look for, in identifying whether someone is attempting to takeover their account.

By knowing the red-flags, cardholders can avoid becoming victims, Ilagan said.

While account takeover fraud is most common in financial institutions, there are also reported cases whereas this type of fraudulent act has happened in accounts used to purchase goods and services, or store and access classified data.

According to Ilagan account takeover fraud comes in various forms of identity theft.

“Account takeover fraud is when a fraudster obtains an individual’s personal information through various means. Using this information, the fraudster will pose as the cardholder and make fraudulent transactions,” Ilagan said.

To obtain sensitive information of the cardholder, the fraudster may call and pretend to be a bank employee and offer you a card upgrade, lifetime annual fee waiver or credit limit increase in exchange for your active card. Once the unsuspecting cardholder agrees, the fraudsters will send a messenger to pick up the card from the former’s address – then use the card afterwards.

Syndicates may also use spoof websites and email addresses that appear to be from trustworthy sources. Once a cardholder inputs his details into hoax websites, the sensitive information would then be used.

“They will try to trick you into providing your personal information such as passwords, your address, and credit card information. Commonly spoofed companies include well-known international financial institutions,” Ilagan said.

But what does a phishing email look like? According to CCAP, for the most part false emails have spelling and grammatical errors, sensationalized subjects as well as web links spelled out, and not as a hyperlink.

Phishing emails also routinely contain supposed threats that the cardholder’s account will be cancelled or closed if they do not respond with the confidential information being asked for, and at times have attachments ending in “.exe.” Always be wary of file attachments in emails, as they could potentially compromise the security of your computer.

Spoofed websites, on the other hand, are unsecure website addresses that do not have a lock logo is in the browser’s status bar—which indicates whether or not the site’s identity has been verified. At times the bank’s URL is also incorrect or slightly different from the official website.

“Be careful of emails and websites asking for confidential information such as passwords even if it is threatening to disable your account should you not provide certain information. Be sure to call your bank to confirm the authenticity of the request,” Ilagan said.

Likewise, the CCAP official said cardholders should be aware of the bank’s website privacy policy and never submit confidential information through forms embedded in email messages.

“It would be best to open a new browser window and type the URL directly. Be sure to check the address bar to make sure you are on the right website. For additional security, cardholders may download anti-phishing software from established anti-virus providers to block fake websites,” Ilagan said.

Should any cardholder receive calls or emails regarding the above stated matter, CCAP urges the public to verify first with their banks and check the authenticity of the offer.

Read more at http://www.mb.com.ph/manage-your-plastic-money-wisely/#E0937zOyFOYeAqUp.99

Equitable Foundation, Inc., Saint Jude Catholic School forge partnership to provide scholarship grants for SY 2015-2016

Equitable Foundation, Inc., a non-stock, non-profit organization, and a member of the Equicom Group of Companies, signed a partnership with Equicom Savings Bank (EqB) client, Saint Jude Catholic School (SJCS), on August 14 to provide scholarship grants to financially-challenged but deserving SJCS students for the school year 2015-2016.

Equitable foundation, Inc. was established in honor of Go Kim Pah, founder of Equitable Bank in 1950. It is composed of philanthropic members and representatives of the Equicom Group of Companies, involved in various humanitarian and charitable projects. The program has been tagged as Go Kim Pah Scholarship.

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Standing from left: Rev. Fr. Jerome Ormita SVD, Head of Office of Community Development and Alumni
Affairs of SJCS, Orlando R. Javier, EqB Vice President, Branch Head of Legarda Branch and Area Head of
Metro Manila II, Antonina M. Cabuyadao, EqB Senior Vice President and Branch Banking Group Head, and
Atty. Alan David L. Matutina, EqB President.

Seated from left: Rev. Fr. Arthur Villanueva, SVD, SJCS Finance Head, Rev. Fr. Vicente Rayco SVD, SJCS Director, Rev. Fr. Jerome Marquez SVD, Chairman of the Board of Trustees of SJCS and Atty. Marian Joanne K. Co-Pua, Board of Trustee and Assistant Corporate Secretary of Equitable Foundation, Inc.

Equitable Foundation, Inc. awards scholarship grants to National Teachers College scholars

The Equitable Foundation, Inc., a non-stock, non-profit corporation and member of the Equicom Group, has partnered with National Teacher’s College (NTC) to support students pursuing a Bachelor’s Degree in Accountancy. Starting from the 2015 – 2016 school year, qualified students will be beneficiaries of the Go Kim Pah Scholarship Program that will pay for their education starting with their freshman year until their graduation.

The partnership was formalized through a signing ceremony held during NTC’s 87th founding Anniversary. NTC is an existing client of Equicom Savings Bank (EqB) through its Legarda branch.

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NTC_Memorandum of Agrement_Signing

Present during the signing ceremony were the following representatives from the Equicom Group, Equicom Savings Bank, and NTC:

Seated from the left: Rene J. Buenaventura, Equicom Group vice chairman, Antonio L. Go, Equicom Group chairman and trustee of Equicom Foundation, Inc., Jose L. Arguelles, NTC vice president for Finance, Dr. Oscar Jose Y. Arguelles, NTC vice president for Corporate Management, Alan David L. Matutina, EqB president. Standing from the left: Elena Aguila, NTC Accountancy Program head, Dr. Marlyn J. Mabalot, NTC Dean of College of Accountancy and Business, Roberto P. Ang, executive director of Equitable Foundation, Inc., Antonina M. Cabuyadao, EqB senior vice president and Branch Banking Group head, Dr. Bonifacio P. Bairan, NTC vice president for Academic Affairs, Grace Ayessa C. Bernabe, NTC Scholarship Committee head, and Orlando R. Javier, vice president, area head of Metro Manila II, and branch head of EqB Legarda Branch.

Equitable Foundation donates brand new desktop computers to National Teachers College

Equitable Foundation, Inc., a non-stock non-profit organization and a proud member of the Equicom Group, officially turned over 40 brand new desktop computers and accessories to National Teachers College (NTC). This is in line with the thrust to advance information technology in the said institution.

Likewise, two (2) NTC qualified students received full scholarship grants under the Go Kim Pah scholarship program last year. Consistently, the foundation has been supportive of programs that promotes expertise in the same field.

Held on April 20, 2016 at the NTC, the ceremonial turnover was witnessed by Equicom Group chairman Antonio L. Go and NTC president Priscilla Y. Arguelles.

The NTC computer room has been named in honor of the foundation and is now called the Equitable Foundation Computer Laboratory.

NTC is a client of Equicom Savings Bank (EqB) through its Legarda branch.

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Seated from left: EqB president Alan David L. Matutina, Equicom Group vice chairman Rene J. Buenaventura, Equicom Group chairman Antonio L. Go, NTC president Priscilla Y. Arguelles, NTC vice president for Finance Jose L. Arguelles, and Dr. Oscar Jose Y. Arguelles, NTC vice president for Corporate Management.

 

Western Marketing Service Discontinuation

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MoneyTransferAdvisory

Equicom Savings Bank Announces New ATM Off-site Location

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Asian Hospital ATM Location 01092018

Equicom Savings Bank gets Pagtugon Award from the BSP

  Equicom Savings Bank was conferred the ‘Pagtugon Award’ by the Bangko Sentral ng Pilipinas (BSP) during its 19th Anniversary celebration this month at The 2012 Awards Ceremony for BSP Stakeholders. The ‘Pagtugon Award’, the first-ever award of this category to be given by the BSP, recognized Equicom Savings Bank (EqB), as the most responsive

The post Equicom Savings Bank gets Pagtugon Award from the BSP appeared first on Equicom Savings Bank.

Equicom Savings Bank offers ‘Kiddie Builders’ Savings Account

Equitable Foundation, Inc., Saint Jude Catholic School forge partnership to provide scholarship grants for SY 2015-2016

Standing from left: Rev. Fr. Jerome Ormita SVD, Head of Office of Community Development and Alumni Affairs of SJCS, Orlando R. Javier, EqB Vice President, Branch Head of Legarda Branch and Area Head of Metro Manila II, Antonina M. Cabuyadao, EqB Senior Vice President and Branch Banking Group Head, and Atty. Alan David L. Matutina,

The post Equitable Foundation, Inc., Saint Jude Catholic School forge partnership to provide scholarship grants for SY 2015-2016 appeared first on Equicom Savings Bank.

Equitable Foundation, Inc. awards scholarship grants to National Teachers College scholars

Present during the signing ceremony were the following representatives from the Equicom Group, Equicom Savings Bank, and NTC: Seated from the left: Rene J. Buenaventura, Equicom Group vice chairman, Antonio L. Go, Equicom Group chairman and trustee of Equicom Foundation, Inc., Jose L. Arguelles, NTC vice president for Finance, Dr. Oscar Jose Y. Arguelles, NTC

The post Equitable Foundation, Inc. awards scholarship grants to National Teachers College scholars appeared first on Equicom Savings Bank.

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