If you are looking to upgrade your home furniture, EastWest is offering a flexible payment option for La-Z-Boy items. Cardholders can spread out their purchases over a longer period without worrying about interest charges.
The Offer
You can enjoy 0% interest on installment for up to 24 months on all La-Z-Boy items. This is available at La-Z-Boy Galleries and Blims Showroom.
For those who prefer to delay their payment, there is a Buy Now Pay Later option. This allows you to shop and start paying two months later, still at 0% installment for up to 24 months.
Eligibility and Requirements
This promo is open to all EastWest credit cardholders in good credit standing. To avail of these offers, keep the following in mind:
- A minimum purchase of Php3,000 is required for both the installment and Buy Now Pay Later options, unless the merchant specifies otherwise.
- You must present your EastWest credit card upon payment.
- You need to inform the store representative if you want to use the Buy Now Pay Later option or any other applicable discount.
Installment Sample Computation
To give you an idea of how the monthly payments work, here is a sample computation for different terms:
| Item | Item Price | Term | Monthly Amortization (Price ÷ Term) | Total Amortization (Monthly Amortization x Term) |
|---|---|---|---|---|
| Item A | 10,000.00 | 3 mos. | 3,333.33 | 10,000.00 |
| Item B | 15,000.00 | 6 mos. | 2,500.00 | 15,000.00 |
| Item C | 20,000.00 | 12 mos. | 1,666.67 | 20,000.00 |
| Item D | 30,000.00 | 24 mos. | 1,250.00 | 30,000.00 |
Important Reminders
To maintain the 0% interest rate, you must pay your Total Statement Balance in full. If you only pay the minimum amount due, interest charges will apply to the remaining balance.
If you decide to terminate your installment plan early, a pre-termination processing fee will apply. This fee is 5% of the remaining principal balance or Php500, whichever is higher. These offers cannot be converted to cash or used alongside other promotions and discounts.