PSBank Prime Rebate: The Perfect Fit

If PSBank's pioneering Prime Rebate program were envisioned for anyone, mother-of-two Rosemarie Bermudez would be a prime candidate. Rosemarie, who works for the finance department of a shipping company in Manila, was looking around for a bank to secure a loan for a condo unit she has been eyeing since last year. While initially drawn to PSBank's speed and efficiency in approving loans (her PSBank Home Loan was approved in just two days), it was its Prime Rebate feature that she considers as the icing on the cake. PSBank Prime Rebate is the only loan rebate program in Philippine banking. It allows customers to earn rebates or savings when they make advance or excess payments on their monthly due. “Tamang-tama siya sa akin kasi I make advance payments. Ayoko kasi nung matagal na utang. Gusto ko maikli lang, Nakaka-stress yung masyadong matagal," she says, laughing. “Nung ipinaliwanag sa akin yung Prime Rebate and I found out that I can earn rebates, I said OK yun. Minsan kasi, nag-aadvance ako ng five months, so imagine…," she said. Since she makes it a point to pay in advance and in excess, the program seems to be tailor-fit for Rosemarie. As someone who is hands-on with her finances, she is happy to personally see her rebates accumulate. “Hands on talaga ako. I want to set my finances straight lagi. Kaya yung sa Prime Rebate, hindi ko talaga ine-expect na may ganon. Tumatawag ako sa PSBank Customer Service and I religiously check my rebates online. Nakikita ko eh. Minsan, P100 or P200. Extra savings na rin," she added. As her work is in finance, Rosemarie appreciates how the Prime Rebate works. She thinks it can seal the deal when availing of loans. "Nadala na kasi ako sa dati kong loan for my other house in Bulacan na 25 years to pay. After paying for five years, parang hindi pa lumiliit yung binabayaran ko. Pero dito sa Prime Rebate, once I have extra money, binabayad ko na," she said. Prime Rebate is perfect for Rosemarie, in the same way that her new condo unit is perfect for her lifestyle.

Together with her husband and two daughters, Rosemarie moved in last year, and now everything is walking distance from her new home: her job, the gym where she works out, and even the mall. And thanks to sound financial decisions, the couple is considering a car loan once they’re done with the housing loan to add to his husband’s car rental business. Asked if she will consider PSBank for this, she says, without hesitation, "Oo naman, may Prime Rebate din yun eh!" Like Rosemarie, you can also earn rebates when you make advance or excess payments on your monthly due. Dahil sa rebate, mababawasan ang babayaran mo towards the end of your loan, kaya may savings ka. This enables you to allocate your money for other important investments or purchases. If you’re still shopping around for a term loan that suits your needs, better avail of PSBank Prime Rebate. This is a unique feature in PSBank Auto Loan, PSBank Home Loan, PSBank Flexi Personal Loan and PSBank SME Term Loan. For more details, visit any of PSBank’s 185 branches or call (02) 845-8888 anytime, any day.