• Preferred Banking Terms and Conditions

Preferred Banking Terms and Conditions



1. The BPI Preferred Program (the “Program”), which is available exclusively to BPI/BPI Family Savings Bank Preferred clients who meet the Bank’s set parameters and/or eligibility requirements (“Preferred Clients”), allows said clients to avail of the offers below within the promo period.
 
2. The Program will run from May 29, 2021 to December 31, 2021.


3. Preferred Clients shall be entitled to avail of the following promo offers (each, a “Promo” and collectively, the “Promos”) within the Program Period. To note, each Promo will have its own Promo Mechanics, Period, and Terms and Conditions:


Ideal Vision Center

Promo

Terms and Conditions

30% off on regular price of frames and sunglasses

  • Promo offer is not applicable for the following :

Oakley, Rayban, Maui Jim, Swissflex, Cartier, marked down items, package priced and Red tag items

  • Promo offer is not applicable in conjunction with other promos, discount card or VIP card.


Eyesports

Promo

Terms and Conditions

30% off on regular price of frames and sunglasses

  • Promo offer is not applicable for the following :

Oakley, Rayban, Maui Jim, Swissflex, Cartier, marked down items, package priced and Red tag items

  • Promo offer is not applicable in conjunction with other promos, discount card or VIP card.


L'Optique Paris

Promo

Terms and Conditions

30% off on regular price of frames and sunglasses

  • Promo offer is not applicable for the following :

Oakley, Rayban, Maui Jim, Swissflex, Cartier, marked down items, package priced and Red tag items

  • Promo offer is not applicable in conjunction with other promos, discount card or VIP card.


The Lens Crafter Shop

Promo

Terms and Conditions

30% off on regular price of frames and sunglasses

  • Promo offer is not applicable for the following :

Oakley, Rayban, Maui Jim, Swissflex, Cartier, marked down items, package priced and Red tag items

  • Promo offer is not applicable in conjunction with other promos, discount card or VIP card.


Automatic Centre

Promo

Terms and Conditions

Up to 22% off on appliances


Applicable discount as follows:

  • 8% discount on all microwaves and gas ranges
  • 12% discount on all Koppel Window and Split Type Airconditioners
  • 22% discount on all Samsung Side by Side Refrigerators
  • 22% discount on all Samsung LED TVs sized 55" and up
  • 12% discount on all Samsung LED TVs sized 49" and below
  • 18% discount on all Sony/LG LED TVs
  • 8% discount on all Small Kitchen Appliances


  • Discounts are not valid in conjunction with other promos and discounts
  • Discounts are based on SRP
  • Valid only for cash/straight-card transactions


4. All offers under the Promos shall not be convertible to cash, credit, gift certificates, privileges, rewards and/or other items/products. They may not be exchanged with any other product. The offers are non-transferable and may only be availed by the Preferred Client.


5. To avail of the Promos, BPI/BPI Family Savings Bank Preferred Clients must pay partner merchants: (i) using their BPI Debit, Credit, or Prepaid Cards; (ii) through BPI online transfer/payment; or (iii) by setting up an Auto Debit Arrangement (ADA).


In the event that the modes abovementioned cannot be resorted to because of the Merchant’s card/online payment acceptance issues, or in case the Preferred Client’s card/account has been blocked: for having been reported as lost or stolen; having been tagged for card fraud monitoring; or other analogous issues, the BPI/BPI Family Savings Bank Preferred Clients, subject to proper verification procedures, shall be allowed to make cash payments.


6. Any dispute concerning the products and/or services related to the Promo shall be settled directly between the BPI/BPI Family Savings Bank Preferred Client and the relevant Merchant.


7. The Promos offered under the Program may not be availed of in conjunction with any other ongoing promotions or discounts. In the purchase of goods and services which are on promotional discount, in compliance with R.A. No. 9994 (Expanded Senior Citizen Act of 2010) and R.A. No. 10754 (An Act Expanding Benefits and Privileges of Persons with Disability [PWD]), the senior citizen or PWD can opt to avail of the promotional discount provided under the Program or the discount provided under said laws, whichever is higher.


8. In case of dispute in respect of the Bank only and the Preferred Client's availment of the Promos under the Program, the decision of the Bank with the concurrence of DTI shall be considered final. However, if the dispute involves the partner Merchant and its performance of the services and/or delivery of products to the Preferred Clients, subject to the General Provisions set out above, the decision of the Bank and the partner Merchant with the concurrence of DTI shall be considered final.


9. The Bank reserves the right to disqualify or suspend any person from further participation in the Program, if in its judgment, that person has violated the terms and conditions herein or has violated the Preferred Banking Terms and Conditions, which is available for viewing at  https://www.bpi.com.ph/preferred/terms.  


10. The Program shall be subject to periodic review to ensure compliance with the Bank’s policies and procedures, as well as with BSP rules and regulations and applicable laws.  


11. Terms and conditions governing the Bank’s products, services, facilities and channels, which are made an integral part of hereof by reference, shall likewise be resorted to in instances where they are applicable to the Program or the Promos.



DTI Fair Trade Permit No. FTEB-120990 Series of 2021