Credit Card Rates and Fees

Card Membership Fees

Card Type	Principal Card	1^st Supplementary Card	2^nd to 6^th 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 Mastercard	Php 4,000/year	Free for life	Php 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)

(1.82%)

Cash Advance Finance Charge or Nominal Interest Rate¹

(Effective Interest Rate per month³)

(2.12%)

Effective March 13, 2023, the finance charges will be adjusted as follows:

Finance Charge or Nominal Interest Rate¹

(Effective Interest Rate per month²)

(2.73%)

Cash Advance Finance Charge or Nominal Interest Rate¹

(Effective Interest Rate per month³)

(3.16%)

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 February 2023

Originally published on January 2022