Credit Card Rates and Fees



Card Membership Fees


Card Type

Principal Card

1st Supplementary Card

2nd to 6th Supplementary Card

BPI Visa Signature Card

Php 5,500/year

Free for Life

Php 2,750/year

BPI Amore Platinum Cashback Card

Php 5,000/year

Free for Life

Php 2,500/year

BPI Platinum Rewards MastercardPhp 4,000/yearFree for lifePhp 2,000/year

BPI Gold Mastercard

Php 2,250/year

Free for Life

Php 1,125/year

BPI Amore Cashback Card

Php 2,050/year

Free for Life

Php 1,025/year

BPI Blue Mastercard

Php 1,550/year

Free for Life

Php 775/year

Petron-BPI Mastercard

Php 1,550/year

Free for Life

Php 775/year

BPI Edge Mastercard

Php 110/month

Free for Life

Php 55/month

BPI Family Credit Card

Php 1,350/year

Free for Life

Php 675/year

BPI Corporate Mastercard

Php 1,700/year

Not applicable

Not applicable

BPI eCredit Card

Free

Free

Free




Interest Rates and Charges


Finance Charge or Nominal Interest Rate1

(Effective Interest Rate per month2)

2%

(1.82%)

Cash Advance Finance Charge or Nominal Interest Rate1

(Effective Interest Rate per month3)

2%

(2.12%)

1Finance Charge is the nominal rate computed by multiplying the applicable rate to the Average Daily Balance.

2Effective Interest Rate is the average monthly interest divided by the Average Principal Balance.

3Cash Advance Effective Interest Rate per month = Average Monthly Interest plus Cash Advance Fee of Php 200 divided by the Average Principal Balance.



Transaction Fees


Cash Advance*

Php 200 flat fee per transaction

Foreign Currency Conversion

0.85% of the converted amount plus the Mastercard / Visa assessment fee of 1%, using the foreign exchange rate of Mastercard / Visa at the time the transaction is posted

Gaming Transactions

Php 500 or 3% of the gaming transaction, whichever is higher, shall be charged for every gaming transaction in casinos and/or online betting

Special Installment Plan (S.I.P.) Pre-termination*

Php 550 plus 2% of the loan principal amount if pre-terminated before the first billing.

Php 550 plus applicable interest of the next monthly payment if pre-terminated after the first billing using the diminishing balance method.

*Not applicable to BPI eCredit Card



Service Fees


Card Replacement

Php 400/card

Check Protect

Php 1,200 or 2% of the funded check amount by the BPI Credit Card, whichever is higher

Statement of Account Copy

Php 200 per statement of account

Account Maintenance Fee1

Php 200/month or the overpayment amount if less than Php 200, will be debited from:

A) Closed credit card accounts with overpayment for more than one (1) month from the date of termination/cancellation

B) Credit card accounts with overpayment with no activity for the past 12 months

Closed Account Maintenance Fee2

Php 50/month will be charged to terminated/ cancelled card accounts with credit balances for more than one (1) month from the date of closing

Express Start Cancellation Fee3

Php 1,500

Special Installment Plan (S.I.P.) Loan Service Fee

Php 300 per S.I.P. Loan availment

1Not applicable to BPI Family Credit Card Mastercard

2Applies to BPI Family Credit Card Mastercard only

3Express Start Cancellation Fee only applies to cardholders with accounts under deposit holdout. Terms and conditions apply.



Minimum Amount Due


Effective July 2022, the computation for the Minimum Amount Due shall be as follows:


If your Total Outstanding Balance (TOB) is: 

Less than or equal to Php 850 

Minimum Amount Due shall be equal to the TOB

More than Php 850 

Compute 3.57% of the difference of the TOB and the sum of new retail purchase, new cash advance transactions, and adjustments posted during the statement month.


If the computed amount is:  

  • Less than or equal to Php 850, then the Minimum Amount Due is Php 850 plus 100% of past due amounts, if any.


  • More than Php 850, then the Minimum Amount Due is equal to the computed amount plus 100% of past due amounts, if any.



Penalty Fees


Late Payment

Php 850 or equivalent to the value of the unpaid minimum amount due, whichever is lower, will be charged per occurrence per card.

Returned Check

Php 100 for every returned check and additional 6% of the check amount




In case of default, cardholder shall pay the following in addition to penalty and charges:


Attorney's Fee

25% of the amount due

Liquidated Damages

25% of the unpaid amount, plus litigation expenses and judicial costs




Updated as of July 2022

Originally published on January 2022

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