The new BPI Amore Cashback Cards reward Filipinos with more cashback options
The Bank of the Philippine Islands (BPI) revamped its current Amore Visa credit cards to BPI Amore Cashback and BPI Amore Platinum Cashback cards, as the bank aims to enable more Filipinos to make both online and in-store shopping more convenient and rewarding with enhanced payback features.
This move comes on the heels of the COVID-19 pandemic, which has changed the spending habits of Filipinos across all market segments.
According to Credit Card Association of the Philippines, credit card billings growth declined in 2020 across the industry due to the effects of the pandemic. As for the top three segments where credit cards were used, these included supermarkets, micropayments such as transportation and fast food restaurants, and electronics.
BPI also noted that its customers are shopping more online and spending more on essentials. The bank sees this trend to most likely continue until 2021 and the years to come.
“The pandemic has resulted to certain challenges for Filipinos and BPI customers. We revamped the BPI Amore credit cards to let customers enjoy safe and secure cashless transactions, while giving them the added value of cash rebates whenever and wherever they spend. These are the card features that are truly relevant and helpful at a time like this,” said Jenny Lacerna, Group Head of BPI Unsecured Lending and Cards – Product and Sales.
Rewarding and safe
The BPI Amore Cashback card allows its cardholders to enjoy cashback for their day-to day purchases, whether in-store or online. For every P1,000 worth of local spend anywhere, cardholders may get 4% cashback from supermarkets, 1% from drugstores and utilities, and 0.3% from other local spend.
True to its beginnings as a co-branded credit card with Ayala Malls, BPI Amore Cashback cardholders will continue to enjoy exclusive Ayala Malls privileges, such as free unlimited access to Ayala Malls’ Customer and Family Lounges.
BPI Amore Platinum Cashback cardholders can get 4% cashback from restaurants and food deliveries; 1% from supermarkets, department stores, and other retail stores; and 0.3% from other purchases, for every P1,000 worth of spend anywhere, be it here or abroad. They also get exclusive Ayala Malls privileges, including 5% discount on their movie ticket, free unlimited access to Ayala Malls’ Customer and Family Lounges, and six complimentary parking tickets.
Cashless transactions and digital payments are seen as a safer way to help stop the spread of COVID-19. The revamped BPI AMORE Cashback cards are accepted by most online merchants, enabling safe and contact-free shopping at the comfort of one’s home. Customers can also tap or swipe the cards themselves at in-store credit card terminals to minimize physical contact when they need to go out to purchase essentials.
Customers can apply for a BPI Amore Cashback Card conveniently online through www.bpi.com.ph/creditcards/apply.
Published on June 2021