Investments Top-up

1. Clients must be a BPI Rewards member to redeem the rewards. 

2. Clients must have a valid sole or joint UITF or Mutual Fund account maintained with BPI Wealth. For clients without an existing investment account, they may open one via BPI app. 

3. If the client has multiple investment accounts, the investment credit will be applied based on the following order:

• If client only has sole account/s:
  • Credit the oldest sole account with existing holdings.
  • If none has holdings, credit the oldest sole account on record.
• If client has both sole and Joint OR (JOR)/Joint AND (JAN) accounts:
  • First, credit the oldest sole account with holdings.
  • If none, credit the oldest JOR/JAN account with existing holdings.
• If client only has JOR/JAN accounts:
  • Credit the oldest JOR/JAN account with existing holdings.
  • If none has holdings, credit the oldest JOR/JAN account on record.

4. BPI Rewards points redeemed will be used to subscribe to additional units or shares in any of the eligible investment funds listed below, provided the chosen fund matches the client’s risk profile and investment account type. 

UITF 

a. ABF Philippines Bond Index Fund 

b. BPI Balanced Fund 

c. BPI Equity Value Fund 

d. BPI Philippine Consumer Equity Index Fund 

e. BPI Philippine Equity Index Fund 

f. BPI Philippine Infrastructure Equity Index Fund 

g. BPI Premium Bond Fund 

h. Odyssey Philippine High Conviction Equity Fund 

i. BPI Short Term Fund 

j. BPI Philippine High Dividend Equity Fund 

k. BPI US Equity Index Feeder Fund (PHP Class) 

l. BPI Global Bond Income Fund (PHP Class) 

m. BPI World Technology Feeder Fund (PHP Class) 

n. BPI Global Equity Fund-of-Funds (PHP Class) 

Mutual Fund 

a. BPI Wealth Builder 

b. ALFM Global Multi-Asset Income Fund (PHP Class) 

c. ALFM Growth Fund 

d. ALFM Money Market Fund (Units) 

e. ALFM Peso Bond Fund  

f. Philippine Stock Index Fund (Units) 

If a client redeems voucher for a fund that he/she does not have any current holdings in, BPI Wealth may proceed with subscription to the fund provided it matches the client’s existing Risk Profile. 

5. Clients may redeem only one (1) investment voucher per fund per day.

6. For Joint OR Investment Accounts (JOR) and Joint AND Investment Accounts (JAN), by redeeming BPI Rewards points, the client confirms that both the client and the co-investor(s) understand and agree that the corresponding BPI Rewards points may be credited or topped up to the JOR/JAN account. 

7. Clients must have an updated Client Suitability Assessment (CSA). If the CSA is outdated, the client, by participating in this program, consents to BPI Wealth using their currently recorded Risk Profile. 

8. Processing of the investment credits may take up to 15 banking days for proper validation and processing. 

9. BPI Rewards members will no longer earn BPI points when their investment top-up is made using the redeemed investment credits. 

10. BPI Wealth may be unable to process the subscription if:

• The member does not maintain any investment account with BPI Wealth. 
• The selected fund does not match the client’s Risk Profile and if without an existing CSA waiver.  
• The selected fund is of a different product type. 
• The investment account is invalid and/or supporting documents are expired or require updating. 

In these cases, the BPI Rewards points will be automatically reversed and credited back to the member’s BPI Rewards account and the refunded points will be reflected in the VYBE app points history within 10 banking days. 

11. BPI Wealth may, at its sole discretion and without prior notice:

• Modify the BPI Rewards points required for the redemption of investment credits.
• Add, remove, or replace participating investment funds.

*Valid redemption requests submitted prior to any modification, suspension, or termination of the program will continue to be honored.

12. Redemption Process: 

a. The BPI Rewards member must log in to the VYBE app and go to the Rewards Catalog. The member should search for the fund they wish to top up and ensure that they have a valid sole or joint UITF or Mutual Fund account maintained with BPI Wealth. 

b. The member must review the full mechanics and Terms & Conditions of the voucher before tapping Redeem Reward. 

c. The required points will be deducted from the member’s available balance, and the member will be redirected to the My Rewards page in VYBE. 

d. Each successful redemption will be assigned a unique voucher code, which will serve as the member’s reference number. 

e. Once a redemption has been successfully completed, it can no longer be cancelled, modified, or refunded. The deducted BPI Points are final and non-refundable. 

f. The fund top-up will be processed within 15 banking days.