Benefits
Fixed monthly installments
Convert your credit limit to cash and pay in fixed monthly installments.
Low add-on rate
Get as low as 0.99% monthly add on rate for 36 months.
Fast processing
Have your application processed in as fast as 5 banking days.
Use 100% of your available limit
Avail up to 100% of your credit limit.
Don't miss out on the latest promotions
Featured
Credit cards
Real 0% S.I.P. is now available online
You can now pay online in Real 0% S.I.P. with your BPI Credit Card.
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- Installments
Credit cards
SIP with Monthly Add-On
Pay for your purchases at low monthly installment add-on rate at our partner merchants.
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Credit cards
Watch Republic at Real 0% S.I.P.
Get 3 months Real 0% S.I.P. at WatchRepublicShop.com with your BPI Credit Card
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- Shopping and essentials
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Credit cards
Real 0% SIP at Trunc.ph
Shop online with your BPI Credit Card at Trunc.ph by SSI & enjoy Real 0% S.I.P. of up to 24 mo
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- Shopping and essentials
- Installments
Credit cards
New Samsung Galaxy S22 series on Real 0% SIP
Get up to 24 months Real 0% SIP on the new Samsung Galaxy S22 series
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- Shopping and essentials
- Installments
Rates
Term | Monthly | Factor rate | EIR PA |
|---|---|---|---|
6 | 1.00% | 0.176667 | 20.29% |
12 | 1.00% | 0.093333 | 21.46% |
18 | 1.00% | 0.065556 | 21.64% |
24 | 1.00% | 0.051667 | 21.57% |
36 | 0.99% | 0.037678 | 21.01% |
Notes:
- Effective Interest Rate (P.A) of 21.01% on 36-month term.
- A service fee of Php 300 will be charged for each S.I.P. Loan Availment. This fee will be reflected in the succeeding statement of account.
- Rates are effective November 3, 2020 until further notice in compliance with BSP Circular 1098.
Sample interest computation for Credit-to-Cash
Loan amount: Php 20,000.00
Term: 12 months
Add-on rate (per month): 1.00%
Effective interest rate (per month): 1.79%
Factor rate: 0.037678
Monthly amortization: Php 1,866.67
Total interest: Php 2,400
| Month | S.I.P. Loan | Monthly amortization | Interest | Principal payments | Outstanding principal balance |
|---|---|---|---|---|---|
| 0 | 20,000 | 0 | 0 | 20,000.00 | |
| 1 | 1,866.67 | 357.62 | 1,509.05 | 18,490.95 | |
| 2 | 1,866.67 | 330.64 | 1,536.03 | 16,954.92 | |
| 3 | 1,866.67 | 303.17 | 1,563.50 | 15,391.43 | |
| 4 | 1,866.67 | 275.21 | 1,591.45 | 13,799.97 | |
| 5 | 1,866.67 | 246.76 | 1,619.91 | 12,180.06 | |
| 6 | 1,866.67 | 217.79 | 1,648.88 | 10,531.19 | |
| 7 | 1,866.67 | 188.31 | 1,678.36 | 8,852.83 | |
| 8 | 1,866.67 | 158.3 | 1,708.37 | 7,144.46 | |
| 9 | 1,866.67 | 127.75 | 1,738.92 | 5,405.55 | |
| 10 | 1,866.67 | 96.66 | 1,770.01 | 3,635.53 | |
| 11 | 1,866.67 | 65.01 | 1,801.66 | 1,833.88 | |
| 12 | 1,866.67 | 32.79 | 1,833.88 | 0.00 |
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