PNB Cart Mastercard: fees, interest and requirements
The PNB Cart Mastercard has no annual fee and charges 3% a month on unpaid balances.
Verdict: Worth it as a no-fee card you pay in full each month.
From PNB Applicable Credit Card Fees and Charges (June 2026 v2). Interest cap, in force since 2023: BSP Circular No. 1165, s.2023.
₱20,000 repaid in 3 equal monthly payments at 3% a month costs ₱1,212 in interest and there is no annual fee to add, 2nd lowest of 127 cards open to the public (tied with 12).
PNB's closest card is the PNB-The Travel Club Platinum Mastercard. Against it, this card has different perks.
BSP supervised: Philippine National Bank, universal and commercial bank, BSP institution ID 34, is on the BSP Verifier list dated Sep 28, 2026.
What the PNB Cart Mastercard gives you
- Get your virtual credit card fast PNB card page
- Enjoy promos exclusive to the PNB Cart Mastercard same page
- Free Purchase Protection Insurance: Up to P250k covered annually. Your purchased items are covered against accidental damage and theft within 90 days from date of purchase. same page
- Free Travel Insurance: Up to P1M covered when you charge your entire roundtrip land, air, or sea tickets to your PNB Cart Mastercard. Travel-related concerns such as flight delay and lost baggage are covered. same page
- Free Fraud Transaction Insurance: Be worry-free from unauthorized charges when your card gets lost/stolen, or if your card is used in fraudulent transactions. Monthly coverage starts on the date of enrollment. same page
- Experience 0% installment up to 24 months when you shop from select PNB-affiliated partner merchants. same page
PNB Cart Mastercard downsides, and what a late payment costs
- Foreign currency purchases cost 2.5% extra.
If you pay late: PNB charges up to ₱1,000, and 3% a month interest runs on what is unpaid. Safe action: pay at least the minimum due by the due date, or the full balance to pay no interest.
PNB Cart Mastercard annual fee, interest and charges
| Charge | PNB Cart Mastercard | When, and the rule |
|---|---|---|
| Annual fee | No annual fee Supplementary: free | Fee table: No Annual Fee for life for Ze-Lo Mastercard, Cart Mastercard, other co-branded credit cards, and all supplementary cards.PNB fee table, June 2026 |
| Interest | 3% a month | At the BSP ceiling of 3% a month (Circ. 1165). same table |
| Cash advance | ₱200 a withdrawal | The BSP maximum (Circ. 1165). same table |
| Late payment | ₱1,000 | same table |
| Foreign transactions | 2.5% | same table |
Figures from PNB Applicable Credit Card Fees and Charges (June 2026 v2). BSP ceilings: BSP Circular No. 1165, s.2023. How PNB words its late-fee, foreign-fee and minimum-due rules, the same on all its cards: PNB billing rules.
Requirements and how to apply
Apply with the button below. Channels, documents, status and hotline: PNB contact and requirements.
Interest on your own balance
- Interest you pay at 3% a month:
- ₱1,212
- Monthly payment:
- ₱7,071
- Total you pay:
- ₱21,212