|Purchase Date||First day after statement date||Purchase Amount||Php 20,000|
|Payment Due||20 days after statement date||Minimum Amount Due||3.57% of the outstanding balance|
Total Interest: Php 6,254.32
Average Outstanding Balance: Php 17,066
Finance Charge per month: 3.0%1
Effective Interest Rate (per month): 3.0%2
|Month||Retail Purchase||Total Payment||Interest||Outstanding Principal Balance||Total Outstanding Balance|
1Computed based on Daily Balance using 30 days per month (or 360 days annually). New finance charge rate effective March 1, 2019.
2Effective Interest Rate per month = Average Monthly Interest divided by Average Principal Balance
- Cardholder has no outstanding balance on his first statement and makes a transaction of P20,000 during the month.
- Cardholder will pay only the Minimum Amount Due, including the interest charges posted every statement cycle on his/her due date.
Reminder: In accordance with BPI Credit Card/BPI Family Savings Credit Card Terms and Conditions, BPI/BFSB reserves the right to change the fees from time to time. Please note that your continued use of your BPI/BFSB Credit Card indicates that you have read, understood, and accepted these terms. For concerns or queries, you may call us at (02) 89-100 for Metro Manila or 1-800-188-89100 for domestic toll-free calls (available to PLDT subscribers), and 63 + 2 + 89-10000 for mobile phone and international access.
Published on June 06, 2019