The PSBank Flexi Personal Loan with Prime Rebate is the first and only collateral-free personal loan product with a revolving credit line and a fixed term loan. Revolving credit is a type of credit without a fixed number of payments. The amount you can borrow decreases or increases depending on how much you have repaid. In a term loan, you are required to make periodic payments usually over a certain fixed period.

The account also comes with an ATM card, giving you access to day and night banking from hundreds of ATMs nationwide.

Applying is easy! You may apply through our Online Loan Application by clicking on the "Apply Now" button on the right or by visiting any PSBank branch near you. 

Furthermore, we make paying your monthly dues more rewarding with our loan rebate program. Receive rebates or savings every time you make excess or advance payments on your Flexi loan. 

Credit Facility

Revolving Credit Line and Fixed Term Loan. Borrower may choose any loan option on a per transaction basis.

Loan Amount
  • Minimum of PhP20,000
  • Maximum of PhP250,000
Loan Payment Options
  • For revolving credit line transaction, the borrower may choose to pay:
    • Total amount due of the loan
    • Minimum amount due
    • Any amount higher than the minimum amount due 
  • For fixed term loan transaction, the borrower pays a fixed amount over a certain period
Payment Tenors (applicable for Fixed Term Loan)  

24 or 36 months

Minimum Monthly Repayment (Minimum Amount Due)
  • The minimum amount that must be paid on or before the payment due date to avoid any penalty. To arrive at your minimum amount due, please add the following:
    • 5% of the total amount due of revolving loan availments or interest due or PhP500.00, whichever is higher
    • Monthly amortization of installment loan availments
    • Penalty and late charge for the period
  • Finance, late charges, other fees and total installment amortizations will only be deducted from the available credit line on payment due date.
Interest Rate
  • 2.5% monthly interest rate for the Revolving Loan
  • 1.75% monthly add-on-rate for Term Loan

Term Loan:
Effective Interest Rate P.A. of 42.88% for 24 months
Effective Interest Rate P.A. of 41.29% for 36 months

Revolving Loan:
Effective Interest Rate P.A. of 34.49% for 12 months

How to pay for your monthly due
How to avail funds from your PSBank Flexi Personal Loan
  • Revolving Credit facility
    • Cash withdrawal from any PSBank, Metrobank, MegaLink, ExpressNet, Bancnet ATM networks nationwide and Maestro-Cirrus ATM's worldwide.
    • Swipe it when you shop in over 20,000 Bancnet, MegaLink, and ExpressNet-affiliated stores
    • Issuance of PSBank Flexi Personal Loan Checks
  • Term Loan facility: Cash withdrawal from any PSBank ATMs
Release of PSBank Flexi ATM card

Delivered via courier to your place of work

Loan Application Turnaround Time

Five to nine working days

  • Application encoding to credit decision: one to three working days
  • Booking of approved loan application: one working day upon submission of complete documentary requirements
  • Delivery of PSBank Flexi ATM card and temporary PIN:
    • Metro Manila: five to seven working days from booking date
    • Provincial: seven to nine working days from booking date
Statement of Account

You are advised of your account details via:

  • PSBank Online where SOA in PDF and Loan Account Summary can be viewed
  • Email
PSBank Flexi Personal Loan ATM card activation

You may call the PSBank Customer Experience at (632) 8845-8888 anytime, any day

  • Works like a credit card but with lower interest rate versus a credit card’s revolving rate.

  • Cash withdrawal anytime and anywhere (Cash advance facility of credit cards also entails a 5% fee on top of the revolving rate).

  • Payments made could be used again in the future, if needed. No need to re-apply.

  • Interest is applied only on the amount used and not on the entire credit line amount.

  • PSBank Prime Rebate:

    • Allows customers to earn rebates or savings when they make advance or excess payments on their PSBank Flexi Personal Loan’s monthly due.

      • The rebate is automatically applied to all new and existing term loans. The client does not need to register or enroll to get the rebate.

      • Rebates earned from advance/excess payments are computed on a daily basis–including weekends and holidays, starting on the date the payment is posted, and credited every due date.

      • Rebate is applicable to advance/excess payments for the total term loan amortization due.

      • Prime Rebate is not valid for loans under a zero-interest rate promotion or program.

    • How does the PSBank Prime Rebate work?

      • Make an Advance Payment: For example, when you pay five (5) days before your loan’s monthly due date, you will actually earn a rebate on a daily basis from the day your payment was posted to the day before your loan’s due date.

      • Make an Excess Payment: If you pay in excess of the amount required on your due date, you will earn a rebate on a daily basis from the date of posting up to the day before the next due date.


Handling fee

PhP1,500 or 1% of the approved credit line, whichever is higher


Due date extension fee (should have no deferred/term availments)

Due date extension fee is computed as: Outstanding Balance x Rate x number of days / 360


ATMs Balance Inquiry Withdrawal







BancNet-member Bank and ExpressNet

Fee* of the Owner of the ATM shall apply, with option to cancel.

* Fees may vary per ATM Owner


Maestro and Cirrus ATMs

US$1 per inquiry

US$3.50 + PhP20 per transaction


Request for checkbook
  • Credit lines  PhP50,000 and up:
    • Initial checkbook is FREE
    • PhP250 per checkbook (succeeding checkbook requests)
  • Credit lines less than PhP50,000 – PhP250 per checkbook
Returned check charges
  • A fixed fee of PhP2,000 shall be charged for every check returned due, but not limited to reasons such as insufficient funds, stop payment order or closed account.
  • Overdraft charge is PhP200 for every PhP40,000 or a fraction thereof per day.
Credit line renewal fee

A fixed amount of PhP1,500 will be charged yearly for Credit Line or loan renewal

Card replacement fee

PhP200 for each lost/stolen card

Penalty fee (for insufficient, late payment, or non-payment of minimum amount due )

5% per month or a fraction thereof shall be added on each unpaid installment or minimum amount due from its due date until fully paid

Collection fee

A collection fee amounting to 15%-35% (depending on the delinquency age) of the total outstanding amount shall also be charged in case of default

Pre-termination charges / Early settlement fee


Note: All aforesaid fees and charges will take effect immediately and may be cancelled or modified anytime at the Bank’s sole discretion without any prior notice.

  • Filipino individuals residing in the Philippines

  • Age of borrower should range from 22 years old to 54 years old upon application

  • If employed, at least two years permanent work status with one year tenure in current employer

  • If engaged in business, must be operating profitably for the last three years

  • Gross monthly income of at least PhP15,000 for employed and PhP30,000 for self-employed

  • With residential landline or mobile number, business landline and email address

  • Preferably an active credit cardholder
  • Completely filled-out PSBank Flexi Personal Loan Application Form

  • Photocopy of any of the following identification cards: 
    • List of Acceptable IDs:
      • Primary ID’s

        1. PhilID and various formats of PhilSys Digital ID / e-PhilID
          (with three (3) specimen signatures required)

        2. Philippine Passport ID/ Signature

        3. Digitized Driver’s License (Professional or Non-Professional) ID

        4. Professional Regulations Commission (PRC) ID

        5. Digitized Postal ID

        6. Digitized Social Security System (SSS) ID

        7. Digitized Unified Multi-Purpose ID

        8. Digitized Voter’s ID

        9. Digitized Overseas Workers Welfare Administration (OWWA) or Overseas Filipino Worker (OFW) ID

        10. Government Service Insurance System (GSIS) E-Card

      • Additional One (1) Primary ID

        1. Digitized Pag-ibig Loyalty Card

        2. Digitized Tax Identification Number (TIN) ID

        3. Digitized Firearms License ID

        4. Integrated Bar of the Philippines (IBP) ID

        5. Digitized Seaman or Seafarer’s Book

      • Additional Two (2) Secondary IDs

        1. Person with Disability (PWD) ID

        2. Non-Digitized Voter’s ID

        3. Non-Digitized Postal ID

        4. National Bureau of Investigation (NBI) Clearance

        5. Barangay Clearance Certificate / ID

        6. Police Clearance Certificate / ID

        7. Company Issued ID by Private Entities Registered or Regulated by BSP/SEC/IC

        8. Photo-Bearing and Signature-Bearing Student Driver’s Permit / License with Official Receipt (O.R.)

  • Photocopy of BIR form 2316 for employed applicants

  • Photocopy of BIR form 1701 for self-employed applicants with Audited Financial Statements with BIR stamp for the past 2 years

  • For credit cardholders, original copy of the latest credit card billing statement (with the client as the PRINCIPAL cardholder)

A cooling-off period of two (2) banking days is granted from the receipt of the Flexi card. During the cooling-off period, the borrower may cancel or terminate the loan without penalties, by submitting a written notice to the Bank, provided that no drawdown or availment has been made on the loan; and he/she shall be entitled to a refund of the fees or payments made, if any and as applicable. The Bank, however, reserves the right to collect reasonable processing and administrative fees to cover the costs incurred during the loan processing.  The cooling-off period is available for financial consumers who are individuals, or micro and small enterprises as defined in applicable DTI regulations.

Truth and Transparency in Lending
Enhanced Implementation of the Truth in Lending Act (Republic Act 3765)

The State protects its citizen from a lack of awareness of the true cost of credit to the customer by assuring a full disclosure of such cost and other terms and conditions with a view of preventing the uninformed use of credit.

As such, a disclosure statement is a required attachment to the loan contract. It shall include, at a minimum, the following information:

1.) Total amount to be financed
2.) Finance Charges and all other charges incident to the loan
3.) Net proceeds of the loan
4.) Schedule of Payments
5.) The percentage that the finance charge bears to the total amount to be financed expressed as an Effective Interest Rate (EIR)

Important Notice: The Bank is required to provide the borrower a copy of the disclosure statement prior to the consummation of the credit transaction.

For more information:

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