1. The Program is open to BPI Cardholders of participating BPI Cards in good standing. The participating BPI Cards are as follows:  

 BPI Credit Cards

• Blue Mastercard
• Gold Mastercard
• Petron-BPI Mastercard
• Edge Mastercard
• eCredit Mastercard
• Corporate Mastercard
• Amore Cashback Card
• Amore Platinum Cashback Card
• Visa Signature Card
• BPI Family Credit Card

2. BPI Cardholders can avail of up to 12 months Real 0% SIP program at Merchant.

How to Avail Online

a. Cardholder visits standard-insurance.com/motor-insurance.html and confirms that the unit for quotation is NOT used to carry fare-paying passengers.

b. Cardholder fills in the required vehicle and personal information. Then click the "Next" button.

c. The total annual premium with the available installment options and monthly amortization will reflect on the screen.

d. Cardholder clicks the “Buy Now” button.

e. Cardholder reviews the details then clicks the "Submit" button

f. Cardholder agrees with the Data Privacy Act by ticking the box and clicking the "Submit" button.

g. Cardholder selects BPI Special Installment Plan as the payment option. Then click the "Next" button.

h. Cardholder is redirected to Merchant’s Payment Gateway to input his preferred installment type, installment term, and BPI Credit Card details.

i. On the Merchant’s Payment Gateway page, Cardholder ticks “I agree” in terms and conditions.

j. Cardholder proceeds to BPI Special Installment Plan

k. Cardholder selects the installment type “Real 0% installment”.

l. Cardholder selects the Payment Term of 3, 6, 9, or 12 months.

m. The monthly amortization will reflect on the screen.

n. Cardholder fills in the required information of his BPI Credit Card details.

o. Cardholder clicks the “Pay Now” button.

p. Cardholder receives a confirmation email from Merchant.

q. After a successful payment, the  Cardholder will receive the copy of the policy and will be redirected to a page where he can save or print his policy.

3. The Cardholder shall review and agree to be bound by the terms and conditions of the Special Installment Plan (SIP):

Terms and Conditions

a. The SIP Real 0% installment terms are available for a minimum single-receipt purchase requirement of Php 3,000.

b. The terms may be available for select policies only.

c. All installment transactions are subject to BPI approval.

d. Cardholder can also choose to avail of other SIP feature:

Up to 100% BONUS MADNESS LIMIT for qualified BPI Credit Cardholders
Subject to favorable credit history, qualified Credit Cardholders will enjoy increased purchasing power with a bonus installment credit limit of up to 100% of their regular credit line. Approved installment transactions will automatically be deducted from the Madness limit. 100% Bonus Madness Limit is only applicable to installment transactions.
 
e. If the Credit Cardholder decides to terminate the SIP transaction before the first billing, BPI will charge an early termination fee of Php 550 plus an additional 2% on the principal amount. If pre-termination is done after 1st billing, the early termination fee is Php 550. The monthly payment shall first be applied to the interest charges then to the principal amount using the diminishing balance method.

4. To qualify for the Program, the Cardholder must use his or her Participating BPI Card to pay for his or her purchases at the Participating Merchant.

5. Any dispute concerning the products and/or services related to the Program shall be settled directly between the Cardholder and Merchant.

6. The terms and conditions governing the issuance of BPI Cards, reminders, and other provisions contained in card carrier, statement of account, charge slips, and other documents or instruments, which are made an integral part hereof by reference, shall likewise be resorted to in instances where they are applicable in this Program campaign.

BPI

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