PNB Ze-Lo Mastercard: fees, interest and requirements
The PNB Ze-Lo Mastercard has no annual fee, charges 2.5% a month on unpaid balances and needs a minimum income of ₱120,000 a year.
Verdict: Worth it as a no-fee card you pay in full each month. Skip it if you earn under ₱120,000 a year.
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 2.5% a month costs ₱1,008 in interest and there is no annual fee to add, the lowest of 127 cards open to the public.
PNB's closest card is the PNB Cashback Titanium Mastercard. Against it, this card costs nothing instead of ₱2,500, charges 2.5% a month against 3% a month and 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 Ze-Lo Mastercard gives you
- Zero late payment fees PNB card page
- Zero overlimit fees same page
- Lower minimum amount due same page
- Experience 0% installment up to 24 months when you shop from select PNB-affiliated partner merchants. same page
Who should get the PNB Ze-Lo Mastercard
| If | Then |
|---|---|
| You expect to carry a balance | Its 2.5% a month is below the 3% ceiling most cards charge, which makes it one of the cheaper cards to carry a balance on. |
PNB Ze-Lo Mastercard downsides, and what a late payment costs
- Foreign currency purchases cost 2.5% extra.
If you pay late: PNB charges no late fee on this card, and 2.5% 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 Ze-Lo Mastercard annual fee, interest and charges
| Charge | PNB Ze-Lo 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 | 2.5% a month | 0.5% a month under the BSP ceiling (Circ. 1165). same table |
| Cash advance | ₱200 a withdrawal | The BSP maximum (Circ. 1165). same table |
| Late payment | None | same table |
| Foreign transactions | 2.5% | same table |
Figures from PNB Applicable Credit Card Fees and Charges (June 2026 v2), PNB Credit Card Application Form (PNBCardsOmnibusAF_JUN2026). 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
Income: at least ₱120,000 a year (about ₱10,000 a month). bank page
Apply with the button below. Channels, documents, status and hotline: PNB contact and requirements.
Interest on your own balance
- Interest you pay at 2.5% a month:
- ₱1,008
- Monthly payment:
- ₱7,003
- Total you pay:
- ₱21,008
- Interest at the 36% cap:
- ₱1,212
- You save against the cap:
- ₱204