Pay Later is a new feature of AUB Credit Cards that allows cardholders to purchase items in easy monthly installments terms* at 0% interest from partner merchants.

*Merchants have sole discretion on the installment terms and minimum spend requirement to qualify for installment which may vary per item and merchant.

All Principal and Supplementary Cardholders (except for DOSRI accounts) whose cards are active, in good credit standing, and have available credit lines.

Avail Pay Later by shopping at any Pay Later partner merchants. Customers may look for the Pay Later logo in the merchant’s store, or they may ask the merchant if they are accepting Pay Later. List of partner merchants are also posted in AUB Credit Cards website.

1. Purchase at participating Pay Later merchants and choose desired installment terms.

2. Pay using AUB Credit Card. Customer will first receive an SMS confirmation for purchase as straight transaction

   Sample SMS:

   Thank you for using your card ending 7890 at MERCHANT NAME on 07/11/2022 12:06 PM for PHP 3,000.00. Your remaining credit limit is PHP 22,000. For inquiries, call (632)82828888.

3. . On the next day after purchase, customer will receive an SMS confirmation for the conversion of the transaction to installment. Please note that the merchant name indicated in the SMS will be AUB Pay Later.

   Sample SMS:

   Thank you for using your card ending 7890 at AUB PAY LATER on 07/12/2022 12:06 PM for PHP 1,000.00. Your remaining credit limit is PHP 22,000. For inquiries, call (632)82828888.

Minimum spend requirement is P3,000. Partner merchant may set a higher spend requirement and may vary per term, item, and outlet.

No maximum amount for the transaction as long as this is within your available credit limit.

*Merchants have sole discretion on the installment terms and minimum spend requirement to qualify for installment which may vary per item and outlet.

Customer may choose from 3, 6, or 12 installment terms, depending on the merchant’s offer.

*Merchants have sole discretion on the installment terms and minimum spend requirement to qualify for installment which may vary per item and merchant.

To compute for your Monthly Amortization:

Pay Later 0% Interest Installment

Monthly Amortization = Item Purchased Price / Term

Sample Installment Computation:

Monthly Amortization = PHP25,000 / 12 Months = PHP2,083.33

The cardholder incurs no additional fees for using the Pay Later. However, in case of pre-termination, the Cardholder must settle the full amount of the remaining principal balance, as well as pay a one-time processing fee of PhP500.

The approved installment transaction is automatically deducted from the cardholder’s available credit limit. Each monthly installment amount forms part of the Minimum Amount Due on cardholder’s Statement of Account. The first monthly amortization will be reflected on the next cut-off date once the transaction is posted.