Instant Salary Advance with RCBC Payday NOW

Survive petsa de peligro with instant & affordable salary advance through the RCBC Pulz app!

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RCBC Payday NOW is a salary advance facility that enables RCBC Payroll account holders* to instantly receive in advance a portion of their next salary via the RCBC Pulz app.
This provides immediate and affordable access to cash during employees’ petsa de peligro, emergencies, or when incurring expenses that cannot be covered by their available funds.
Benefits for Employees
RCBC Payroll account holders* can advance up to 40% of their monthly salaries easily and receive the funds in real time!

Ease

Hassle-free via the RCBC Pulz app and payment is made easy by automatic salary deduction.


Speed

Receive the funds in just a few seconds.


Affordability

As low as Php125 or 3% of the loan amount whichever is higher.



     *RCBC Payday NOW is available to pre-qualified RCBC Payroll Account holders.     
Eligible clients shall receive an SMS/Email or see an offer in the RCBC Pulz app.
Benefits for Employers
Give your employees access to instant salary advances!

Hassle-free onboarding

No company accreditation needed


No additional steps or changes in your existing payroll process

There will be no administrative tasks since applications and repayments will go through the RCBC Pulz app.


Enhanced employee benefits

Helps your employees gain access to additional funds



Be an RCBC Payroll partner now and unlock additional benefits for your employees!

Efficiency

RCBC  offers a complete end-to-end payroll solution from employee onboarding to payroll crediting.


Convenience

RCBC offers flexible solutions that could cater to customer’s needs - from traditional to digital.


Accessibility

RCBC offers a wide network of branches and online ATMs that are strategically located nationwide.

For companies interested to open an RCBC Payroll relationship, please send an email to SLAccreditation@rcbcbankard.com.
Here’s how RCBC Payday NOW works via the RCBC Pulz app:

  1. Log in to the RCBC Pulz app.
    Click the "Loans tab, tap "Link/Apply my Loan" > "Apply for a new loan" and select "RCBC Payday NOW"

  2. Set the amount you want to avail. Slide to agree and enter your OTP to complete the transaction.

  3. Wait for a confirmation and you're done! The amount will be deposited to your RCBC payroll account in just a few minutes.
Try it now! Download & register in the RCBC Pulz app.
   


Frequently Asked Questions 

Employees who receive their salary through RCBC Payroll and meet the bank’s eligibility requirements may qualify. Qualified RCBC Payroll clients will be notified through their registered email, mobile number, and Pulz in-app notification.

RCBC Payday NOW can be availed exclusively through RCBC Pulz mobile app. No need to go to a branch. Simply download the RCBC Pulz mobile app, register or log in, and check the 'Loans' tab to see if RCBC Payday NOW offer is available for you.

You can borrow a minimum of ₱3,000. The maximum amount is customized per client and can be viewed in your RCBC Pulz app.

Yes, as long as your payments are up to date and you maintain a good credit standing with RCBC.

No. RCBC Payday NOW is only available to qualified RCBC Payroll clients.

You will get the proceeds (net of fees) instantly after agreeing to the terms of your loan. 

You will be notified through your registered account information -SMS, email, or an in-app pop-up through RCBC Pulz app. You can also check the 'Loans' tab anytime to see if an offer is available.

Offers are only shown to those who currently meet the eligibility criteria. Check the app regularly or wait for a notification from RCBC.

Loan repayments are automatically deducted from any incoming payroll credits to your RCBC payroll account. These may include salary, allowances, or reimbursements. Rest assured that only the total amount due for the month will be deducted.

If you avail the loan within 3 days of your payroll credit date, your first payment will be scheduled for the following payroll cycle. Otherwise, repayment to the loan is automatically deducted from any incoming payroll credits to your RCBC payroll account.

To check for payments deducted from your payroll account, you may refer to your payroll account’s transaction details.

Expect payments to be posted within 1 to 2 banking days after deduction.

You may check the status of your loan payment through the RCBC Pulz app. The app will display the status as:

“Pending” – if the payment is still being processed

Completed” – once the payment has been successfully processed

Once your loan is fully paid, you’ll see a notification stating, “Congratulations, you’ve fully paid your loan.”

There are no additional interest charges. A one-time processing fee of 3% of the loan amount or ₱125 (whichever is higher) will be deducted from your loan proceeds.

Repayment schedules are based on how often your employer credits your RCBC Payroll account:

- Once a month = one repayment

- Twice or more = multiple repayments per month

Each payroll credit (i.e., salary, allowances, or reimbursements) triggers a portion of your loan repayment.

You are still responsible for repaying the loan. You may:

- Continue funding your RCBC Payroll account to cover the deductions, or

- Pay manually via online banking.

You may qualify for a new Payday NOW loan only If your next employer also uses RCBC Payroll.

You can still pay your loan via online banking:

1. Go to your bills payment platform.

2. Choose 'Credit Cards' and select 'RCBC Credit (Bankard)' as the biller.

3. Enter your 16-digit loan number from the RCBC Pulz app.

4. Input the amount and complete the payment.

RCBC will deduct any available balance from your account. If the available account balance is insufficient, the system will automatically deduct the remaining amount from any future credits or reimbursements until it is fully paid.

You may also make manual payments using the RCBC Pulz app or online banking by selecting 'RCBC Credit (Bankard)' as the biller.

Yes. A late payment fee of 5% of your unpaid outstanding balance will be charged if payments are missed.

You may requalify within 2 to 7 days after full payment, depending on the bank’s evaluation. Check your RCBC Pulz app or wait for a notification.

At this time, loan limits are set by RCBC and cannot be manually increased. Your limit is based on internal eligibility criteria.

For any questions or assistance, you may contact:

- RCBC Personal Loans Hotline: (02) 8888-1895

- Email: loansservices@rcbcbankard.com 


Terms & Conditions

The following terms and conditions shall apply to the availment of RCBC's Payday NOW program.

  1. The RCBC Payday NOW program allows select and pre-qualified RCBC Payroll depositors to advance a percentage of their monthly payroll credit, which will be paid on the upcoming scheduled payroll dates, within 45 days from availment of the loan.
  2. RCBC shall facilitate the availment, processing of loan proceeds and payment and collections of the RCBC Payday NOW program.
  3. Definition of Terms. - The following terms, as used herein and in the RCBC Digital App, shall be understood to mean:
  • Client - refers to the RCBC Payroll depositor who avails of the RCBC Payday NOW.
  • Deductions per Payroll - refers to the amount to be paid and debited from the customer's RCBC Payroll Account which is computed as the total RCBC Payday NOW amount availed, divided by the number of Payroll Deductions.
  • Due Date - refers to the indicative dates on when the Payroll Deduction will happen. This coincides with the actual or scheduled Payroll Credit Dates, as defined.
  • Fee - refers to a fixed amount or percentage to be computed against the RCBC Payday NOW amount availed.
  • Net Proceeds - refers to the amount that will be credited to the RCBC Payroll account after availment of RCBC Payday NOW. This is the RCBC Payday NOW amount, net of fee. For example, if availing of Php 10,000.00 and Php 300.00 is the fee, the net proceeds will be Php 9,700.00 .
  • No. of Payroll Deductions - refers to the frequency of payroll deductions. Payroll Credit Dates - refers to the actual date when Payroll is credited for the past 6-month average historical payroll credit dates that will be the basis for payroll deduction.
  • Payroll Deduction - refers to the payment mode for the RCBC Payday NOW program where payments for the RCBC Payday NOW availment shall be debited from the customer's RCBC Payroll account. The Payroll Deduction shall coincide with the actual Payroll Credit date or shall be based on the past 6-month payroll credit dates, whichever comes first.
  • Total Repayment - refers to the total amount that will be deducted from the client
  1. Purpose - By availing of the RCBC Payday NOW, CLIENT confirms that the purpose of the loans is for personal consumption or family use.
  2. CLIENT confirms and agrees on the following in relation to the availment of RCBC Payday NOW:
  • Fees are based on the prevailing rates and may vary per RCBC Payroll customer. In addition, Fees will be deducted upfront from the RCBC Payday NOW amount to be availed, resulting into credited amount net of fees.
  • RCBC reserves the right to approve or reject RCBC Payday NOW applications and has no obligation to disclose the reasons for the rejection or disapproval thereof. RCBC has the sole discretion on the loan amount that can be availed for RCBC Payday NOW.
  • The RCBC Payday NOW availment can no longer be cancelled once approved.
  • RCBC shall credit the loan proceeds to CLIENT’s payroll account and provide a status via the RCBC Digital App for real-time crediting. Should there be a delay in crediting, RBSC shall send an SMS notification to CLIENT upon crediting.
  1. Payments - Payments on the RCBC Payday NOW and late penalty fees (if applicable) shall immediately be deducted from CLIENT’s actual or scheduled Payroll Credit Dates following credit of the loan, and shall be subject to the following:
  • Payroll deduction - CLIENT authorizes RCBC to debit his/her payroll account in satisfaction of the amount due on every payment date.
  • Insufficient payment - If the credits to the payroll account for the payroll period are not sufficient to cover for the payment due, RCBC shall debit the remaining available balance in CLIENT’s payroll account. Should this still not be sufficient, RCBC shall hold the remaining unpaid amount against CLIENT’s RCBC Payroll Account for 30 days from the last due date. In the event of any credits to CLIENT’s account, whether Payroll or non-Payroll, CLIENT authorizes RCBC to continue to debit his/her remaining unpaid amount plus charges against said account until the full unpaid amount is collected.
  • In cases where CLIENT will receive insufficient or no credits from his/her employer on salary crediting day, CLIENT shall be obliged to fund his/her payroll account to meet the amount due on or before his/her scheduled due dates. CLIENT likewise assigns, transfers, conveys and sets over unto RCBC , its successors and/or assigns, his/her salaries and wages including the proceeds of his/her salary that may be credited to his/her payroll account and all benefits arising from or accruing to CLIENT pursuant to his/her employment, including his/her separation pay, retirement benefit, convertible vacation leaves, and other benefits that may be collected from his/her employer for the satisfaction of his/her obligations to RCBC .
  • Application of Payment - Any and all payments for my account under RCBC Payday NOW shall be applied on the following items in the order they are listed: 1) Late payment fees, and 2) RCBC Payday NOW transaction
  1. Late Penalty Fee - CLIENT understands that should he/she be unable to pay his/her RCBC Payday NOW transaction or outstanding balance in full, CLIENT agrees to pay the Late Penalty Fee where he/she will be charged with a late penalty fee equivalent to 5% of his/her unpaid outstanding balance, accrued on a daily basis starting from the statement date until the loan is fully paid. A late penalty fee will still be applied for partial payments.
  2. Administration Fee - CLIENT understands that should he/she decide to pay the RCBC Payday NOW in full before maturity, a processing fee of Php 500.00 or 5% of the unpaid principal amount, whichever is higher will be collected. Should CLIENT decide to pre-terminate his/her loan, CLIENT is required to call the RCBC Bankard hotline at 8888-1895 and settle the processing fee and outstanding balance through over-the-counter payment.
  3. CLIENT acknowledges that he/she shall be considered in default in the event that (i) he/she fails to pay his/her obligations on his/her RCBC Payday NOW account, and by extension any RCBC Personal Loan, RCBC Salary Loan, RCBC Bankard credit card if applicable, (ii) he/she fails to observe any of the terms and conditions governing the issuance of his/her RCBC Payday NOW account, (iii) he/she fails to observe any of the terms and conditions of any contract/evidence of indebtedness and or related documents in connection with any credit facilities granted in his/her favor by RCBC or another financial institution, (iv) any information, documentation, representation or warranty made by CLIENT in his/her application form that proves to have been fraudulent, untrue, incorrect or misleading at the time it was made.
  4. In case CLIENT defaults: a. CLIENT agrees to pay late penalty fees as applicable. If RCBC needs to refer CLIENT’s case to a collection agency or through an Attorney-at-Law, CLIENT shall be liable to pay the cost of collection and/or attorney's fee equivalent to 25% of the amount claimed and the expenses of litigation and judicial costs as applicable.
  5. The above mentioned Terms and Conditions for the implementation of the RCBC Payday NOW program may be amended and supplemented by RCBC from time to time, as may be deemed necessary.
  6. CLIENT understands and agrees that these terms and conditions are supplemental to and to be bound by RCBC’s omnibus general terms and conditions which can be found in [https://www.rcbc.com/uploads/media/Omnibus-General-T&Cs-as-of-Oct-28-2024.pdf]. In case of conflict between these terms and conditions and the omnibus terms and conditions, these terms and conditions will govern with respect to the availment of RCBC Payday NOW.