Looking for a smarter way to manage everyday spending? Whether you’re restocking essentials, planning purchases, or treating yourself, there’s an easy way to spread out your spending without paying extra.
It’s simple: pay with Salmon Credit Line via QR PH, or your virtual or physical Salmon card, and settle your bill on or before your due date. That’s it.
Salmon Credit Line is a flexible revolving credit line with a free card, that works as your ultimate shopping sidekick. It gives you the freedom to shop now and settle after, with a credit limit of up to PHP 250,000 to support everything from big purchases to everyday finds.
You can use it in malls, online stores, or restaurants where Visa, Mastercard or QR PH is accepted. Unlike many traditional credit cards, there are no annual fees. And most importantly, you get approved within 10 minutes and may use it on the spot.
But here’s the real win: if you shop using QR PH or your Salmon Card and pay in full on or before your due date, you skip paying interest. These purchases get a grace period of up to 62 days, giving you time to manage your cash flow without added costs. There is, however, interest if you go past 62 days or withdraw cash from the card.
Here’s how Salmon Credit Line’s grace period works:
- The grace period starts on the day after your purchase date, up to the statement date, and lasts until your payment due date. Paying in full within this period lets you skip paying interest.
- Statement date is the date Salmon issues the billing statement, summarizing your purchases for the month. You’ll receive this on a set schedule each month.
- Payment due date is the deadline for paying the amount listed in your billing statement. This comes 30 days after your statement date.
- Let’s say your current billing cycle runs from March 1, 2026 to April 1, 2026. The statement date for your latest purchases is April 1, 2026, and your payment due date will be on May 1, 2026.
- If you shop on March 1, you’ll have up to 62 days to pay with no interest. When you shop the next day, on March 2, you’ll have one day less – 61 days to pay – since the available payment period decreases by one day as you move later into the billing cycle.
- In summary: Shop from March 1, 2026 to April 1, 2026 → get your billing on April 1, 2026 → pay on or before May 1, 2026 with no added interest.
Settling your Salmon Credit Line bill is easy. Simply open “Cash In” from your app, select “Full statement balance”, and pay for it using your preferred fund source.
So if you’re looking for a smarter way to manage spending at the start of the year without stretching your monthly budget, this shopping hack might be worth considering.
Make Salmon Credit Line part of your everyday spending toolkit. Download the Salmon app on Google Playstore and Apple AppStore and register an account. For more details, visit https://salmon.ph/salmon-credit.
Terms and Conditions apply. Salmon Credit Line is a product offered by Sunprime Finance Inc. LoanOnline, powered by the Salmon app, serves as the online lending platform for Sunprime Finance Inc. a licensed financing company regulated by the SEC with CA No. 1241 and CR No. CS201916698.
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