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    Prize Redemption

    1. 1. What is the prize?
      No. of Winners Grand Prizes Specifics Total Amount
      1 1 Year Bills Payment shouldered by RCBC P10,000 maximum/month P120,000
      • Bills Payment that will be shouldered by RCBC should be enrolled RCBC Billers and part of the participating billers list for the promo. To check the list of participating billers, click here
      • Prizes are not convertible to cash but transferrable.
      • The qualified e-raffle entries for the promo duration will be used for the grand draw, where the winner can receive a total of P120,000 worth of payment for monthly bills for one whole year, which will be shouldered by RCBC.
      • RCBC shall pay the 20% tax for the prize exceeding P10,000.
    2. 2. How and where can the winner claim his/her prize?
      • Winner must claim the prize at RCBC Digital Banking Group, 12/F RCBC Savings Corporate Center, Taguig City, Metro Manila (Mondays – Fridays, from 8:30 a.m. to 5:30 p.m.)
      • For provincial winner, winner must send all the required documents listed in their preferred RCBC Business Center (Mondays – Fridays, from 9:00 a.m. to 3:00 p.m.). All other incidentals (i.e. transportation expense incurred in claiming the prize, representation expense, etc.) shall be shouldered by the winner.
      • Prize may be claimed until sixty (60) days upon receipt of the SMS and electronic or registered mail. Unclaimed prize within redemption period shall be forfeited in favor or RCBC with prior approval from DTI.
      • All RCBC, its subsidiaries, affiliates, advertising agencies, including its Board of Directors and Advisory Board Members and MasterCard employees including their relatives up to the second degree of consanguinity or affinity are disqualified from this Promo.
      • The winner must present the following when claiming their prize:
        • One (1) valid and unexpired government issued ID with picture and address
        • Notification letter from RCBC
        • RCBC Online Banking Account as entry
        • SMS/E-mail with the bills payment transaction made via RCBC Online Banking to qualify for the promo.
      • Once verified by RCBC, winner will select from the list of participating RCBC billers. He/she will allocate a certain amount per enrolled biller of his/her choice. The consolidated list should include the monthly payment date and must sum up to P10,000 per month. To illustrate:
      Biller Amount Allocated Monthly Payment Date
      Globe P3,500 Every 15th of the month
      Maynilad P1,000 Every 1st of the month
      RCBC Bankard P5,500 Every last day of the month
      • The selected biller(s), amount(s) allocated, and monthly payment date(s) for which RCBC will shoulder cannot be changed by the winner.
      • Regardless if the amount due for the month is less or more than the allocated amount for a specific biller, only the agreed allocation would be shouldered by RCBC.
      • Bills payment that will be shouldered by RCBC should be automatically processed within two (2) business days. Unsuccessful bills payment will be subject to reconciliation and will be reposted the following day.

Per DTI-FTEB Permit No. 15176 Series of 2017

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