Consumers looking for more flexible ways to manage everyday spending may now delay payments for up to 62 days without interest through the Salmon Credit Line, a revolving credit facility that can be used via QR PH or a physical or virtual card.

Salmon Credit Line allows users to shop at merchants that accept Visa, Mastercard, or QR PH and settle purchases on or before the payment due date to avoid interest charges. The product offers a credit limit of up to ₱250,000 and does not charge annual fees.

According to the company, applications are processed in as fast as 10 minutes, allowing approved users to immediately use the credit line for purchases in malls, online stores, and restaurants.

Purchases made using QR PH or the Salmon card qualify for a grace period of up to 62 days, provided the total billed amount is paid in full by the due date. Interest is only applied if payment is made beyond the grace period or if cash is withdrawn using the card.

Under the billing setup, the grace period starts the day after the purchase date and runs until the payment due date, which falls 30 days after the statement date. As purchases are made later in the billing cycle, the available interest-free period shortens accordingly.

For example, purchases made at the start of a billing cycle receive the full 62-day grace period, while those made closer to the statement date receive fewer days before payment is due. Users who pay the full statement balance on or before the due date incur no interest.

Payments can be settled directly through the Salmon app by selecting “Cash In” and choosing to pay the full statement balance using a preferred funding source.

Salmon Credit Line is offered by Sunprime Finance Inc., with LoanOnline serving as its online lending platform via the Salmon app. The company is a licensed financing firm regulated by the Securities and Exchange Commission.

The product is positioned as a budgeting tool for consumers seeking short-term spending flexibility without incurring additional costs, particularly for planned purchases and recurring expenses.