Salmon Credit
Credit that you can use for free forever*
If you apply before December 21. Credit limit up to ₱250,000
Apply now
Zero annual fees
Free to keep, year after year, unlike most traditional credit
Up to ₱250,000
The more you use it, the more your credit limit grows
0% interest for up to 62 days
Just pay in full during your grace period
When you use QR Ph or your Salmon Card for purchases, & pay in full on time to enjoy the offer. Limited-time only. Terms may change per regulations. See full guide for details.
Virtual and physical cards for everyday needs
Pay online and in-store securely
You can freeze in anytime
Block any suspicious transactions instantly
No details on the card, total privacy
Its number, expiry date, and CVV are safely stored in the app, hidden from curious eyes
No opening fees
Get started at no cost
Flexible to use
Pay with QR Ph or over-the-counter, transfer to banks, e-wallets and more.
Industry-leading security you can rely on
Two-step verification
We'll always verify if it's you, from creating an account to making a payment
24/7 Fraud Monitoring
If something doesn't look right, we'll notify you and take action immediately
Biometrics and encryption
We're using your phone's face or fingerprint scanner to boost your protection
FAQs
Salmon Credit Line provides you with access to a revolving credit line. Unlike traditional loans, this allows you to borrow funds repeatedly, up to a predetermined credit limit, without the need for reapplication, as long as minimum payments are made on time.
If you only make purchases and pay your full statement balance on or before the due date, you won’t pay any interest.
You can use Salmon Credit Line to:
- Make purchases (via QR Ph or your linked Salmon Card) — these qualify for a grace period
- Transfer funds to a bank or e-wallet — these are treated as cash transactions, and always accrue interest starting from the date of the transaction.
With Salmon Credit, it's possible to continuously use credit without ever paying interest — as long as you use it for purchases via QR Ph or your linked Salmon Card and pay your full balance on time. These paurchases qualify for a grace period. We offer a grace period of up to 62 days (it is not exactly 62 days, the possible minimum is 28 days) on purchases made through QR Ph or your linked Salmon Card.
Transfer funds to a bank or e-wallet — these are treated as cash transactions, and always accrue interest starting from the date of the transaction.
If you only make purchases and pay your full statement balance on or before the due date, you won’t pay any interest. That’s because the grace period protects you from interest charges on purchases.
But if you don’t pay in full, interest starts building up from the date of the transaction, not from the due date — and you also lose the grace period for new purchases in the next cycle unless the balance is fully repaid.
Just open “Cash In” and select “Full statement balance”.
Salmon Credit operates on monthly cycles, each ending on a specific date assigned to your account. The number of cycles is unlimited.
- At the end of each cycle, you will be informed of your minimum payment due.
- You must pay at least this minimum amount by the due date to avoid late payment fees.
- You can pay more than the minimum—or even the total Outstanding Balance—at anytime.
- This minimum amount is the lowest amount required to keep your credit line active and ensures coverage for your credit usage.
Visit Salmon — How to repay for more information. Note that repayments exceeding your Outstanding Balance by more than 200 Philippine pesos are not permitted.
