Asian Home Appliance Real 0% SIP

Special Installment Plan Program Mechanics

1. The Program is open to Cardholders of Participating BPI Credit Cards whose accounts are active and in good standing.  

BPI Credit Cards

• BPI Amore Cashback Card
  
• BPI Amore Platinum Cashback Card
• BPI Corporate Card
• BPI Edge Card
• BPI Gold Rewards Card
• BPI Platinum Rewards Card
• BPI Rewards Card
• BPI Signature Card
• Petron BPI Card

2. BPI Credit Cardholders are entitled to avail of the Real 0% Special Installment Plan Program. This allows Cardholders to avail of 24 months Real 0% Special Installment Plan at partner Merchant.

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 is available 3 months term with a Php 5,000 minimum single receipt purchased.

b. All installment transactions are subject to BPI approval.

c. The Cardholder can also choose to avail of the other SIP features:

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 transaction will automatically be deducted from the Madness limit. 100% Bonus Madness Limit is only applicable to installment transactions.

Buy Now Pay up to 3 months Later

First monthly amortization will be posted to the BPI Credit Cardholder’s account up to 3 months later from date of purchase. Succeeding amortizations shall be billed every month thereafter until full transaction amount is paid in full.

e. The monthly payment shall first be applied to the interest charges then to principal amount using the diminishing balance method.

e.1. BPI will charge an early termination fee of Php 550 + 20% on the principal amount should the cardholder decide to terminate the SIP transaction prior to the 1^st billing.

e.2. BPI will charge an early termination fee of Php 550 for SIP transactions terminated after the first billing.

4. To qualify for the Program, the Cardholder must use his or her Participating BPI Credit 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 Credit 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.

Check out the list of participating branches.

Asian Home Appliance

For any questions or clarifications, kindly check the list of participating branches.

BPI

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