Balance Transfer

Transfer your other credit card balances to your BPI Credit Card and pay in installment

Benefits

Affordable rates

Pay your other credit card balances for as low as 0.99% monthly add-on rate for 36 months.

Fast processing

Have proceeds credited to your BPI account in as fast as 5 banking days.

Use 100% of your available limit

Get cash using 100% of your available limit.

Proceeds credited to BPI account

Proceeds are credited to your BPI account for more payment flexibility.

Rates

Term	Monthly add-on rate	Factor rate	EIR PA
6	1.00%	0.176667	20.29%
12	1.00%	0.093333	21.46%
18	1.00%	0.065556	21.64%
24	1.00%	0.051667	21.57%
36	0.99%	0.037678	21.01%

Notes:

Effective Interest Rate (P.A) of 21.01% on 36-month term.
A service fee will be charged for each S.I.P. Loan availment. Please refer to the Table of Fees for details. This fee will be reflected in the succeeding statement of account.

• Rates are effective November 3, 2020 until further notice in compliance with BSP Circular 1098.

Sample interest computation for Balance Transfer

Loan amount: Php 20,000.00
Term: 12 months
Add-on rate (per month): 1.00%
Effective interest rate (per month): 1.79%
Factor rate: 0.093333
Monthly amortization: Php 1,866.67
Total interest: Php 2,400

Month	S.I.P. Loan	Monthly amortization	Interest	Principal payments	Outstanding principal balance
0	20,000		0	0	20,000.00
1		1,866.67	357.62	1,509.05	18,490.95
2		1,866.67	330.64	1,536.03	16,954.92
3		1,866.67	303.17	1,563.50	15,391.43
4		1,866.67	275.21	1,591.45	13,799.97
5		1,866.67	246.76	1,619.91	12,180.06
6		1,866.67	217.79	1,648.88	10,531.19
7		1,866.67	188.31	1,678.36	8,852.83
8		1,866.67	158.3	1,708.37	7,144.46
9		1,866.67	127.75	1,738.92	5,405.55
10		1,866.67	96.66	1,770.01	3,635.53
11		1,866.67	65.01	1,801.66	1,833.88
12		1,866.67	32.79	1,833.88	0.00