We do not charge any annual fees, and no extra charges will be added if you make your payments on time. However, if you decide to split your Atome Card bill into 3 or 6 equal monthly payments, interest fees and transaction processing fees may be applied on any outstanding amount, which will be clearly outlined on your bill statement.
To better understand our fees and charges, here's a helpful breakdown:
Late Fee: 5% of the outstanding amount, excluding accrued interest or late fee, calculated on a monthly basis.
Card Replacement Fee: A flat rate of ₱400 per card.
Foreign Exchange Conversion Fee: 3.10% of the transaction amount (includes a 1.98% service fee and a 1.12% cross-border processing fee levied by MasterCard).
Repayment Processing Fee: Up to 2.24% of the payment amount (including tax), with a minimum fee of ₱1.
Transaction Processing Fee: This ranges from 0% to 2.24% of the transaction amount (including tax).
You may find more information under the Terms & Conditions and Loan Agreement, accessible via the Atome app.