The increase on the interest or finance charge rate on BPI Credit Cards shall take effect on March 13, 2023.

The finance charge rate shall apply to the following: ·

a. All new interests accrued on your unpaid balances, including Cash Advance transactions ·
b. Billed, unpaid Special Installment Plan (S.I.P) amortization balances

Note: The new rate shall not affect your unbilled Special Installment Plan (S.I.P.) amortizations

Only new interests accrued after the effective date on your outstanding balances will have the new finance rate charge.

Starting March 13, 2023, any unpaid balances on your BPI Credit Card will be charged 3% monthly finance charge rate.

All unpaid and posted Cash Advance transactions starting March 13, 2023, will incur the 3% Cash Advance Finance Charge from posting date until full payment.

Cash Advance Fee will remain at Php 200 for every Cash Advance transaction.

No, the annual effective interest on your installment transactions remains to be the disclosed interest rate on your date of availment for the entire term.

However, failure to pay the Total Amount Due in full on or before your due date, shall subject any unpaid balances to daily interest accrual based on the new finance charge rate of 3% starting March 13, 2023.

No, the annual effective interest on your installment transactions remains to be the disclosed interest rate on your date of availment for the entire term.

However, failure to pay the Total Amount Due in full on or before your due date, shall subject any unpaid balances to daily interest accrual based on the new finance charge rate of 3% starting March 13, 2023.

No, the new interest or finance charge rate only covers your BPI Credit Card balances.

Finance Charges on regular purchases, monthly installment amortizations, fees, and interest charges, exclusive of those incurred during the current cycle, shall arise if Cardholder pays any amount less than, or does not pay on Payment Due Date, the Total Amount Due. The finance charges on the unpaid balance shall be computed from the day after the Statement Date until the outstanding balance and applicable interest are fully paid.

Finance charges for cash advance transactions and cash advance fees shall arise from transaction posting date until payment date.

Finance charge is based on the aggregated total of the daily interest for the statement period. The daily interest is computed by multiplying the daily unpaid balance for each day with the daily interest rate (monthly interest multiplied by 12 months and divided by 360 days.

For inquires and comments, please send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.