S.I.P. Loans

Principal and Supplementary BPI Credit Cardholders of good credit standing are eligible to avail of S.I.P. Loan transactions.

Subject to regulatory and compliance requirements, S.I.P. Loan is available for any BPI Credit Card variant (but excluding Corporate Cards, eCredit Cards and such other credit card variant which expressly provides for its exclusion)

Note: S.I.P. Loan for BPI Omni Card and BPI Free+ Card is currently not available. Once S.I.P. Loan becomes available, BPI will notify the Cardholder through any of the communication channels provided under Section 22 of the BPI Credit Cards Terms and Conditions.

No supporting documents are required to avail of Credit-to-Cash and Balance Conversion Transactions.

For Balance Transfer, a copy of the latest Statement of Account of your non-BPI Credit Card must be attached to your application as supporting document.

For SIP for Hospital and SIP for School, a copy of the official receipt or invoice or billing statement from the Hospital or School must be attached to your application as supporting document. If the payment to the School or Hospital was made using your BPI Credit Card, no supporting document is required.

For applications that require submission of supporting documents, date reflected in said documents should not be more than three (3) months prior to date of application.

Yes, you can use up to 100% of your available credit limit for S.I.P. Loans. However, should you have any overpayment in your BPI Credit Card, you cannot utilize the overpayment for your S.I.P. Loan availment.

Only new retail and online transactions worth at least Php 5,000 per transaction billed in the latest Statement of Account can be converted to installment. Interest, fees, billed monthly installments, cash advance and transactions that form part of the revolving balance are not eligible.

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