Life doesn’t wait when financial needs arise—whether it’s expanding a business, paying tuition, covering medical emergencies, or funding personal milestones. Recognizing this, EastWest Bank has introduced EastWest AutoCash, a refinancing solution that lets car owners unlock the value of their vehicle without giving it up.
Turn Your Car into Cash, Keep the Keys
EastWest AutoCash allows clients to secure a loan using their car as collateral, converting equity into immediate funds while still enjoying full use of their vehicle. It’s a practical way to access liquidity without disrupting daily mobility.
- Borrow up to 70% of your vehicle’s appraised value
- Flexible loan terms of up to 48 months
- Special interest rate of 0.68% per month for loans at 50% Loan-to-Value (LTV)
- Standard refinancing rate of 0.88% per month
For example: if your car is appraised at ₱500,000 and you borrow ₱250,000, that’s a 50% LTV—qualifying you for the special rate.
Who Can Apply
EastWest AutoCash is open to both existing and new clients. To qualify, vehicles must:
- Be registered in the applicant’s name
- Be no more than 10 years old
- If under encumbrance, the loan amount must exceed the remaining balance
Applicants will need to provide standard documentation including vehicle photos, OR/CR, proof of residence, valid IDs, TIN, and proof of income (payslips, business permits, or remittance records).
A Smarter Way to Move Forward
According to EastWest President and CEO Jerry G. Ngo, AutoCash reflects the bank’s commitment to providing accessible and practical financing solutions.
“EastWest AutoCash gives customers a smart way to access funds using an asset they already own—without disrupting their daily mobility. It’s about helping our clients move forward financially while continuing to move forward in life.”
Why It Matters
EastWest AutoCash is designed for real-life goals:
- Expanding a small business
- Supporting education
- Covering urgent medical expenses
- Funding travel or home improvements
It’s about turning equity into opportunity—helping Filipinos stay on the road while steering toward their financial ambitions.
Learn More
To explore EastWest AutoCash or apply today, visit: EastWest AutoCash