Switch & Fly Promo

Promo Mechanics: Welcome Gift

1. This promo is open to new Principal Credit Card customers in good credit standing (“Eligible Customers”) who will apply* for the eligible Credit Cards listed below within the promo period & whose applications are subsequently approved within 30 days from the promo end date. Existing BPI Credit cardholders are not eligible for the promo.

Eligible Principal Credit Cards:

a. BPI Visa Signature Card

b. BPI Platinum Rewards Mastercard

c. BPI Amore Platinum Cashback Card

d. BPI Amore Cashback Card

e. BPI Gold Mastercard

f. BPI Blue Mastercard

g. BPI Petron Mastercard

2. Promo period is from February 6, 2023 to June 30, 2023 and is extended until July 14, 2023*. Awarding period is until December 2023. 

3. Customers who meet the minimum spend requirement using their newly-issued BPI Credit Card within the prescribed spend period below are entitled to a welcome gift, which will be credited to the Principal Cardholder’s account as either BPI Points or Cashback.

4. Spend period for the Welcome Gift are as follows:

5. At the end of each spend period, customers who meet the spend requirement will receive an email and/or SMS from BPI (refer to table below for the schedule) confirming that they have successfully met the promo requirements, and that the welcome gift has been credited to their account.

6. Valid transactions to be included are posted transactions of the following types:

• Retail transactions
• Special Installment Plan (SIP) merchant transactions
• Cash Advance
• Credit-to-Cash
• SIP for Schools
• SIP for Hospital
  
• Balance Transfer transactions
• Utility Bills payment
• Pay Bills via Credit Card

7. The following transactions are excluded from the promo: Balance Conversion Transactions, Late Payment fees, interest & penalties, and transactions with the following MCCs:

• Bail and bond payment transactions
• Gambling transactions
• Money Transfer Merchant transactions
• Quasi-cash merchant financial institution transactions
• Quasi-cash transactions
• Political Organization transactions

8. Valid transactions made by the principal Cardholder and his/her supplementary cardholder(s) using their eligible cards and their BPI eCredit card (if any) will be accumulated and shall be considered as the principal Cardholder’s total transactions under this promo.

9. The BPI Points and Cashback are not convertible to cash or in kind.

10. The Principal Credit Card must be active and current at point of awarding.

11. This promotion will not apply in conjunction with any other existing bank promotion.

12. Employees of BPI are not qualified from joining the Promo.

13. In case a customer applied for multiple Credit Cards within the same day or within the same month, only one card will be eligible for the reward, based on the card hierarchy below:

• BPI Visa Signature
• BPI Platinum Mastercard
• BPI Amore Platinum Cashback
• BPI Gold Mastercard
• BPI Blue Mastercard
• BPI Amore Cashback
• BPI Petron Mastercard

Example: Customer applied and subsequently got approved for two Credit Cards within the same month:

Customer A applied for a BPI Amore Cashback on February 10, 2023 and subsequently got approved. Customer A also applied for a BPI Visa Signature Card on February 15, 2023 and subsequently got approved.

Customer A met the minimum spend requirement of Php 50,000 for his BPI Amore Cashback Card, and also met the minimum spend requirement of Php 90,000 for his BPI Visa Signature Card.

Based on the promo mechanics, Customer A will only receive 300,000 BPI Points. Customer A will not receive a welcome gift for his Amore Cashback card.

14. In case of dispute pertaining to the Promo including, but not limited to, the cardholder’s eligibility, coverage dates, fulfillment, etc., BPI’s decision will prevail with the concurrence of DTI. Any and all questions or disputes regarding the BPI Points or rebates received under this promotion must be raised within 30 days from the date of receipt of the said BPI Points or rebates.

15. The terms and conditions governing the issuance and use of BPI Credit Card, BPI Points and Amore Rebates will be applied.

16. For BPI Points converted to miles, the terms and conditions governing the use of the miles will be applied. Customer shall be responsible in coordinating the conversion of miles to airline tickets with their preferred airline company. BPI Points converted to miles does not include travel fees or accommodation to the preferred destination of the customer.

17. Qualified customers may redeem their BPI Points and convert to miles based on the required amount of miles of their preferred airline. Free trip advertisement such as Australia, Japan, Palawan, etc. were computed based on PAL Mabuhay Miles award chart as of January 2022 (for International) and as of November 2022 (for Domestic). The table of miles conversion may change without prior notice. BPI shall not be held liable in case the table of miles conversion has changed at the time of redemption.

1. This promo is open to new Principal Credit Card customers in good credit standing (“Eligible Customers”) who will apply* for the eligible Credit Cards listed below within the promo period & whose applications are subsequently approved within 30 days from the promo end date. Existing BPI Credit Cardholders are not eligible for the promo.

Eligible Principal Credit Cards:

a. BPI Platinum Rewards Mastercard

b. BPI Amore Platinum Cashback Card

c. BPI Amore Cashback Card

d. BPI Gold Mastercard

e. BPI Blue Mastercard

f. BPI Petron Mastercard

2. Promo period is from February 6, 2023 to to June 30, 2023 and is extended until July 14, 2023*.

3. Supplementary Cards are excluded from the promo, and will follow standard Annual Membership Fee (AMF) charging – free AMF for life for 1st supplementary card, and annual charging for membership fee for the 2nd supplementary card onwards will apply.

4. Customers who applied within the promo period are eligible for an AMF Waiver, if they are able to meet the annual spend requirement using their newly-issued BPI Credit Card. The spend period of the AMF Recurring Waiver will be for 12 months, starting from their card anniversary date until 1 calendar day prior their next card anniversary date. The tracking of the annual spend will occur every year.

To illustrate:

Personal BPI Customer:

If the customer applied on February 6, 2023 and subsequently got approved on February 18, 2023, their card anniversary will be on February 18, 2023. Since Personal BPI customers, by virtue of BPI’s non-promo offer, will have their annual fee waived for the first year by default, they will not be charged an AMF at this time. (AMF is charged annually every card anniversary date).

The effectivity for the AMF Waiver based on annual spend requirement will therefore begin from February 18, 2023 until February 17, 2024. If the customer meets the annual spend requirement based on their card variant, then he will receive an AMF waiver and does not need to pay their AMF on the cycle of February 18, 2024.

The following year, the spend period will be from February 18, 2024 until February 17, 2025. If they meet the annual spend requirement, the customer will not need to pay the AMF on February 18, 2025. This will occur annually.

Preferred BPI Customer:

If the customer applied on February 6, 2023 and subsequently got approved on February 8, 2023, his card anniversary will be on February 8, 2023. Since Preferred BPI customers, by virtue of BPI’s non-promo offer, will have their annual fee waived for the first 3 years by default, they will not be charged an AMF at this time as well as on February 8, 2024 and February 8, 2025. (AMF is charged annually every card anniversary date.)

The effectivity for the AMF Waiver based on annual spend requirement will therefore begin from February 8, 2025 until February 7, 2026. If the customer meets the annual spend requirement based on their card variant, then they will receive an AMF waiver and don’t need to pay their AMF on the cycle of February 8, 2026.

The following year, the spend period will be from February 8, 2026 until February 7, 2027. If they meet the annual spend requirement, the customer will not need to pay the AMF on February 8, 2027. This will occur annually.

5. Spend requirement to qualify for the AMF recurring waiver:

6. Valid transactions to be included are posted transactions of the following types:

• Retail transactions
• Special Installment Plan (SIP) merchant transactions
• Cash Advance
• Credit-to-Cash
• SIP for Schools
• SIP for Hospital
• Balance Transfer transactions
• Utility Bills payment
• Pay Bills via Credit Card

7. The following transactions are excluded from the promo: Balance Conversion Transactions, Late Payment fees, interest & penalties, and transactions with the following MCCs:

• Bail and bond payment transactions
• Gambling transactions
• Money Transfer Merchant transactions
• Quasi-cash merchant financial institution transactions
• Quasi-cash transactions
• Political Organization transactions

8. Valid transactions made by the principal Cardholder and his/her supplementary cardholder(s) using their eligible cards and their BPI eCredit cards (if any) will be accumulated and shall be considered as the principal Cardholder’s total transactions under this promo.

9. Customers who meet the annual spend requirement will be awarded an AMF waiver. An AMF charge will appear on the statement of account and will be immediately reversed such that customers do not need to pay. The AMF reversal will automatically reflect on the following cycle’s statement of account.

10. The AMF recurring waiver is not convertible to cash or in kind.

11. The Principal Credit Card of the qualified customer must be current and active at point of awarding.

12. This promotion will not apply in conjunction with any other existing bank promotion.

13. Employees of BPI are not qualified to join the Promo.

14. Each qualified Principal Cardholder may only be awarded the AMF recurring waiver once per annum, and only for their newly-issued BPI Credit Card and its replacements due to expiry. Should the customer choose to convert their card to another variant, they will forfeit their AMF recurring waiver.

15. In case a customer applied for multiple Credit Cards within the same day, within the same month, or within the promo period, only one card will be eligible for the AMF Waiver, based on the card hierarchy below:

• BPI Platinum Mastercard
• BPI Amore Platinum Cashback
• BPI Gold Mastercard
• BPI Blue Mastercard
• BPI Amore Cashback
• BPI Petron Mastercard

Example: Applied and subsequently got approved for two Credit Cards within the promo period:

Customer A applied for a BPI Amore Cashback on February 10, 2023 and subsequently got approved. Customer A also applied for a BPI Platinum Rewards Mastercard on March 15, 2023 and subsequently got approved.

Customer A met the annual spend requirement of Php 180,000 for his BPI Amore Cashback Card, and also met the annual spend requirement of Php 400,000 for his BPI Platinum Rewards Mastercard.

Based on the Promo Mechanics, Customer A will only receive an AMF recurring waiver for his BPI Platinum Rewards Mastercard and will no longer receive an AMF recurring waiver for his BPI Amore Cashback Card.

16. In case of dispute pertaining to the Promo including, but not limited to, the cardholder’s eligibility, coverage dates, fulfillment, etc., BPI’s decision will prevail with the concurrence of DTI. Any and all questions or disputes regarding the AMF recurring waiver received under this promotion must be raised within 30 days from the date of receipt of the said AMF Waiver.

17. The terms and conditions governing the issuance and use of BPI Credit Card will be applied.

*Approved by DTI -FTEB

**With accurate/correct personal details & have submitted complete requirements. 

Read the frequently asked questions about this promo.

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

Per DTI Fair Trade Permit No. FTEB-160339, Series of 2023