Advisory on Finance Charges and Service Fees for BPI & BPI Family Savings Credit Cards

 Please be advised that the following changes will be applied to your BPI and BPI Family Savings Credit Cards effective Q4 2019:


The following changes on the Finance Charge computation shall apply:

  1. Monthly installment amortizations shall be included in the Finance Charge computation. 
  2. Finance Charge Computation shall start from:

To compute for your Finance Charge, multiply the daily unpaid balance with the daily interest rate** which will be summed up at the end of the statement period. Unpaid balances from prior SOAs will be carried over to your current SOA until fully paid.

*This is already existing to BPI Family Savings Credit Card.

**Daily interest rate is computed as monthly interest rate multiplied by 12 months divided by 360 days.




The change in the Minimum Amount Due (MAD) computation shall apply:

To compute for your Minimum Amount Due:

If you have multiple cards, the Minimum Amount Due for each card will be summed up and reflected in your statement of account as Total Minimum Amount Due.



A service fee of PHP 100.00 shall be charged for every S.I.P. loan availment. This one-time fee will be applied to the following S.I.P. loans and will be reflected on the next statement of account:


Reminder: In accordance with BPI Credit Card/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/BFSB 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 August 8, 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)

3% / 3% 2.75% 3.50% / (3.21%)
Cash Advance Monthly Effective Interest Rate 3% 2.81% 3.51%
  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 P1,350/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
1st Supplementary Card Free for Life N/A

2nd to 6th
Supplementary Card

 P675/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

  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 per occurrence per card.
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 June 2019



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1Finance Charge is the nominal rate computed by multiplying the applicable rate to the  Average Daily Balance.
2Effective Interest Rate is the average monthly interest divided by the Average Principal Balance.
3Cash Advance Effective Interest Rate per month = Average Monthly Interest plus Cash Advance Fee divided by Average Principal Balance

 Important Reminder: Pay at least the Minimum Amount Due ON or BEFORE payment due date. Penalties and late charges will be strictly imposed on payments after due date.

The Cardholder authorizes BPI and/or BFSB to increase or charge additional service fees as may be deemed necessary to maintain the service to the Cardholder. The upward or downward adjustment of the interest, penalty rate and/or service fees shall be binding on the Cardholder on the date/s of effectivity as indicated in the written notice (in the monthly SOA or thru a separate notice) from BPI and/or BFSB.

For any concerns, you may email us at or reach us by calling our hotline numbers at:
Metro Manila: (all areas with "02" area code) 889-10000
Domestic Toll-Free No: 1-800-188-89100 (available for PLDT)
Mobile phone and International Access: +632 889-10000

Bank of the Philippine Islands is supervised by Bangko Sentral ng Pilipinas with telephone number (02) 8708-7087.

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