Our new credit card feature, SimplyPay, lets you conveniently pay anything with a credit card for expenses that require bank deposit payments such as rent, business suppliers, tuition fees, and professional service fees.
Principal credit cardholders whose card status is active and current.
The minimum transaction amount for straight payment is Php1,000.00 while Php3,000 for installment payment.
Fee / Add-On Rate
|Installment||3 months – 1.00%
6 months – 1.00%
9 months – 1.00%
12 months – 1.00%
*Fees and Add-On Rates will be automatically charged against the cardholder’s account once processed.
In these Terms and Conditions Governing the SimplyPay Facility (“Terms and Conditions”), the term “Security Bank Card” means all credit cards issued by Security Bank (“Security Bank”). The term “Cardholder” means any person at whose request one or more Security Bank Cards have been issued.
Payment Instruction Details:
Note: Cardholder must ensure all details pertaining to the beneficiary bank account is valid at the point of the application. Details provided should be complete and accurate for the transaction to push through accordingly.
Security Bank will not conduct further validation of the account details provided by the cardholder. Thus, will not be deemed liable should there be any error or failure including liabilities that may result to loss or inconvenience for either the client or the bank. Details pertaining to the payment transfer & fulfillment for SimplyPay should be valid, accurate and complete. (e.g. Account Name, Account Number and Amount Requested.)
|Monthly Add-on Rate||1.00%||1.00%||1.00%||1.00%|