Pay Later Mastercard

Pay the way you want and enjoy moments that come with it

when you Pay Later in easy monthly installment with your Security Bank credit card.

Pay Later in 3 easy steps

Go to your favorite merchant and look for the Pay Later Logo

Choose the tenor you want (Avail up to 12 months)

*subject to merchant’s approval

Get your purchased item!

MERCHANT NAME ADDRESS
HELLO /CYBERTECH SM CITY MANILA SM CITY MANILA
AEROPHONE ENTERPRISES – SM MANILA CZ009 LGF CYBERZONE SM CITY MANILA CONCEPTION COR ARROCEROS SAN MARCELINO
AEROPHONE ENTERPRISES – SM SAN LAZARO UNIT 349A 3F SM CITY SAN LAZARO F HUERTAS CORAHLACSON ST
AEROPHONE C415 (B) 4/F SM MEGAMALL BLDG B,
AEROPHONE ENTERPRISES – AYALA CENTER CEBU L394 AYALA CENTER CEBU, CEBU BUSINESS PARK
AEROPHONE ENTERPRISES – SM CITY CEBU C272 P-Q 2ND FLR. CYBERZONE SM CITY CEBU, NORTH RECLAMATION AREA
DISTRIBUTORS APPLIANCE WAREHOUSE CAINTA SUBURBAN DRIVE COR FINCH DRIVE
DISTRIBUTORS APPLIANCE WAREHOUSE SALE- LAGUNA BLK 3 LOT 2 MAMPLASAN ST LIIP
DISTRIBUTOR APPLIANCE WAREHOUSE SALE – PASIG 103 MERCEDES AVE BRGY SAN MIGUEL
ARISTON SHOWROOM 4TH FLOOR SHANGRILA MALL MAIN WING
CYA INDUSTRIES INC DESIGNER SQUARE LOT 2 NATALIO BACALSO AVE, CEBU
CYA INDUSTRIES INC CORNER EMIVILLE SUBD BUHANGIN DIVERSION ROAD, DAVAO CITY
CYA INDUSTRIES INC ZONE 5 CUGMAN HIGHWAY, CDORO
CYA INDUSTRIES INC LOT 9 LOT 10 BLK 9 MAGSAYSAY AVE, BACOLOD
HPS ICT INC ISWITCH AYALA CENTER CEBU ISWITCH / ISTORE L246 P112B  AYALA CENTER CEBU BRGY LUZ
MANDAUE FOAM (PHILFOAM) LAS PINAS 487 ALABANG ZAPOTE ROAD BRGY ALMANZA UNO
MANDAUE FOAM (PHILFOAM) LIPA GEN LUNA STREET BRGY SABANG
MANDAUE FOAM (PHILFOAM) QAVE 55 QUEZON AVE CORNER BMA AVE BRGY TATALON
MANDAUE FOAM – SHAW #489 SHAW BLVD, MANDALUYONG STREET
MANDAUE FOAM (PHILFOAM) CAINTA KM 23 ORTIGAS AVENUE EXTENTION
MANDAUE FOAM INDUSTRIES INC JC AQUINO AVENUE BARANGAY IMADEJAS, BUTUAN
MANDAUE FOAM INDUSTRIES INC CARLOS P GARCIA NORTH AVE COGON DISTRICT, TAGBILARAN
MANDAUE FOAM INDUSTRIES INC (MAIN) HERNAN CORTES ST., CEBU
MANDAUE FOAM INDUSTRIES INC (BANILAD) NEAR CEBU CITY COUNTRY CLUB BANILAD ROAD
MANDAUE FOAM INDUSTRIES INC QUIMPO BOULEVARD IN FRONT OF SM CITY TALOMO, DAVAO CITY
STUDIO84 INC ISWITCH ATC RETAIL 2 E 15A 2ND FLR ALABANG TOWN CENTER AYALA ALABANG
ISWITCH NUVALI 2FR 13 2ND FLR BLDG E SOLEDAD 3 NUVALI STO DOMINGO
ISWITCH MOLINO 249 SM SUPER CENTER MOLINO MOLINO IV
ISWITCH QMALL UNIT 1055 TO 1056 GF MARQUEE MALL FG NEPO PULUNG MARAGUL
ISWITCH GLORIETTA SPACE 3 060 3 F NEW GLORIETTA AYALA CENTER SAN LORENZO
ISWITCH UP TOWN B 302 TO 305 2F UP TOWN CENTER KATIPUNAN AVE BRGY UP CAMPUS
ISWITCH ANTIPOLO 212 ROBINSONS PLACE ANTIPOLO SUMULONG HWY DELA PAZ
SUPREME AUTOZONE PHILS INC PAINTHUB PASIG 37 ELISCO RD KALAWAAN, PASIG
NEXTHUB TAYTAY SITIO BUROL CABRERA RD SAN JUAN, TAYTAY RIZAL

 

Frequently Asked Questions

1. What is Pay Later?

Pay Later is a new feature of your Security Bank Mastercard credit card that allows you to purchase items in easy monthly installments at zero (0%) interest* from our affiliated partner stores nationwide.

*Merchants have sole discretion on the terms and items applicable for Pay Later.
**Minimum spend for the installment purchase amount may vary per term and partner merchants.

2. Who can avail of Pay Later?

Anyone with an active Security Bank credit card, regardless of card type, can avail of Pay Later.

3. Where can I avail of Pay Later?

There is no need to sign up or apply anywhere. Simply shop at any of our partner merchants that offers Pay Later and inform the cashier when you are ready with your purchase.

4. How will I know if Pay Later is being offered by the merchant/store?

Pay Later is available nationwide.  Simply look for the Pay Later logo at the store or check the list here for the latest partner merchants.

For other merchants, please see Annex A.

5. How can I avail of Pay Later?

To avail of Pay Later, refer to the following guidelines below:

  • Look for the Pay Later logo at your favorite store or check the latest list of partner merchants here.
  • Shop for the item you want to buy.
  • Inform the cashier/frontliner that you want to avail of Pay Later. Make sure to inform them before you swipe/dip/tap!
  • Choose your preferred installment payment terms.
  • Complete the transaction using your Security Bank credit card.

6. How much can I avail through Pay Later?

A minimum spend of PHP3,000 in a single or accumulated transaction is required, unless the partner merchant states otherwise.

There is no maximum amount that can be spent as long as your credit limit allows you to.

7. How many terms are available for Pay Later?

You may choose from 3, 6, or 12 installment terms* for a minimum spend** of PHP3,000 in a single or accumulated transaction.

*Merchants have sole discretion on the terms and items applicable for Pay Later.
**Minimum spend for the installment purchase amount may vary per term and partner merchants.

8. How do I compute for my Monthly Amortization?

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

Item Purchased Price                   PHP25,000

Term                                                   12 Months

Monthly Amortization                 PHP2,083.33

9. What are the fees and charges?

The cardholder incurs no additional fees for using the Pay Later facility. You can avail of a Pay Later at 0% interest*, and the purchased amount will be divided by the installment term you choose.

However, if the cardholder wishes to terminate their Pay Later, they will be charged a 5% pre-termination Fee on the remaining principal amount.

*Merchants have sole discretion on the terms and items applicable for Pay Later.

**Minimum spends for the installment purchase amount may vary per term and partner merchants.

10. When will I be billed for my first Monthly Amortization for my Pay Later Installment?

The first monthly amortization will be reflected on your next cut-off date once the transaction is posted.

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