Credit Card Fees Table

Important Advisory on your Finance Charges and Minimum Amount Due

Please be advised that effective May 2, 2019, the following changes will be applied to your BPI Credit Cards.

1. The interest computation of your unpaid balance from the previous Statement of Account (SOA) shall now be computed based on the Daily Balance vs. the current Average Daily Balance. The daily interest is computed by multiplying the daily balance with the daily interest rate applied for each day that the balance is unpaid (360 days annually). The daily interest will be aggregated within the statement period. For the sample computation click here.

2. The Minimum Amount Due shall be computed based on the Total Outstanding Balance as follows:

If Total Outstanding Balance (TOB)

Minimum Amount Due (MAD)

a) Less than or equal to P850

Total Outstanding Balance

b) More than P850

A percentage of retail purchases, cash advances, fees and charges, installment amortizations and 100% of past due amount or P850, whichever is higher will be applied:

a. if computed amount is less than P850 = MAD is P850

b. if computed amount is more than P850 = MAD is equal to the computed amount

Reminder: In accordance with BPI Credit Card Terms and Conditions, BPI reserves the right to change the fees and charges from time to time. Please note that your continued use of your BPI Credit Card indicates that you have read, understood, and accepted these terms. For concerns or queries, you may call us at (02) 89-100 for Metro Manila or 1-800-188-89100 for domestic toll-free calls (available to PLDT subscribers), and 63 + 2 + 89-10000 for mobile phone and international access.

Announcement as of February 1, 2019

Important Notice: The following changes in fees and charges for BPI Family Savings Credit Cards will be implemented effective March 1, 2019:

Fee		From	To	Effectivity Date
Annual Membership Fee	Principal Card	P1,000/yr	P1,350/yr	March 1, 2019
	1^st Supplementary Card	Free for Life	Free for Life
	2^nd to 6^th Supplementary Card	P500/yr	P675/yr
Finance Charge/Nominal Interest Rate (Effective Interest Rate per month)		2%/2%	3%/3%

IMPORTANT REMINDER: To avoid late payment charges, we encourage you to pay at least the Minimum Amount Due on or before the Payment Due Date. In accordance with BPI Credit Card Terms and Conditions/BPI Family Savings Credit Card Terms and Conditions, BPI/BFSB reserves the right to change the fees from time to time. Please note that your continued use of your BPI Credit Card/BPI Family Savings Credit Card indicates that you have read, understood and accepted these terms. For concerns or queries, you may call BPI at (02) 89-100 for Metro Manila or 1-800-188-89100 for domestic toll-free calls (available to PLDT subscribers), and 63 + 2 + 89-10000 for mobile phone and international access.

Announcement as of December 1, 2019

Rates and Fees Table

Card Type

BPI Family Savings Credit Card Mastercard

BPI Classic

BPI Blue Mastercard

BPI Gold Mastercard

Petron-BPI Mastercard

BPI Edge Mastercard

BPI SkyMiles Mastercard

BPI SkyMiles Platinum Mastercard

BPI Amore Visa

BPI Amore Visa Platinum

BPI Visa Signature

BPI Corporate Classic

BPI Corporate Mastercard

BPI e-Credit

Interest Rates and Charges

Finance Charge/ Nominal Interest Rate
(Effective Interest Rate per month)

2.75%

3.50% / (3.19%)

The current month’s purchase are free from interest. Finance charges are applied only on the previous month’s unpaid balance.

Card Fees

Membership Fees

Principal Card

P1,000/year

P1,250/year

P1,550/year

P2,250/year

P1,550/year

P110/month

P2,050/year

P5,000/year

P2,050/year

P5,000/year

P5,500/year

P1,300/year

P1,700/year

Free

1^st Supplementary Card

Free for Life

N/A

2nd to 6th
Supplementary Card

P500/year

P625/year

P775/year

P1,125/year

P775/year

P55/month

P1,025/year

P2,500/year

P1,025/year

P2,500/year

P2,750/year

Transaction Fees

Cash Advance

3% of the Cash Advance amount or P500, whichever is higher, per transaction/availment basis

N/A

Foreign Currency Conversion

0.85% of the converted amount plus the Mastercard / Visa assessment fee of 1%, using the foreign exchange rate of Mastercard / Visa at the time the transaction is posted

Note: Not applicable to BPI Classic and BPI Corporate Classic

Gaming Transactions

P500 or 3% of the gaming transaction, whichever is higher, shall be charged for every gaming transaction in casinos and/or online betting

Special Installment Plan (S.I.P.) Pre-termination

P550 pre-termination fee plus additional 2% interest on the loan principal amount if pre-terminated before the first billing.

If pre-termination is done after the first billing, the monthly payment shall be applied to

interest then to the loan principal using the diminishing balance method plus a pre-termination fee of P550

N/A

Service Fees

Card Replacement

P400/card

Charge Slip Retrieval

P300/charge slip

N/A

Check Protect

P1,200 or 2% of the funded check amount by the BPI Credit Card, whichever is higher

Statement of Account Copy

P200 per statement of account

Closed Account Maintenance Fee

P200/month or the overpayment amount if less than P200, will be debited from:

A) Closed credit card accounts with overpayment for more than one (1) month from the date of termination/cancellation

B) Credit card accounts with overpayment with no activity for the past 12 months

Express Start Cancellation Fee*

P1,500

Penalty Fees

Late Payment

P850 or equivalent to the value of the unpaid minimum amount due, whichever is lower, will be charged for any unpaid charges.

Returned Check

P100 for every returned check and additional 6% of the check amount

In case of default, cardholder shall pay the following in addition to penalty and charges:

Attorney's Fee

25% of the amount due

Liquidated Damages

25% of the unpaid amount, plus litigation expenses and judicial costs

*Express Start Cancellation Fee only applies to cardholders with accounts under deposit holdout. Terms and conditions apply.

Updated as of October 2018