Salmon Credit is a revolving credit line that lets you borrow money as needed up to a certain credit limit. You can borrow multiple times as long as you pay at least the minimum amount due each month. Interest is charged only on the amount you use.
Features and information in the Salmon Credit product screen are grouped into four sections:
Top section - Available balance - the amount that’s available to use in your credit line.
- Transfer - allows you to make a cash advance and transfer it to a different bank account and e-wallet.
- QR Pay - use your credit line as a payment method at businesses that accept QR Ph as a form of payment.
- Cash In - lists all available repayment options for your credit line.
Payment remindersAutomatically appears to remind you about upcoming due dates, missed payments, and other important announcements.
Transactions - Records all your past activities using Salmon Credit. Tap it to see more detailed information.
Overview - Outstanding balance - the total amount you owe as of today.
- Due date - the date when at least the monthly minimum payment is due.
- Credit limit - the maximum amount you can spend using your credit line.
- Salmon Credit Agreement - outlines the terms of and conditions of your credit line.
