There is no minimum number. The company can opt to issue just one (1) corporate card.
Complete with innovative product features and advanced data analysis tools, BPI Corporate Card enables your company convenience, control, and flexibility for significant savings for your business.
Extend payment terms
Monitor transactions
Generate reports, and view and approve expenses online through Express Data Online (EDOL), a secure web-based reporting and expense management system
Have the option to pay in installment at
for your company-related expenses
Minimize company expenses
Increase savings with low foreign conversion rate and Real Thrills Rewards points. Save when you pay foreign merchants and suppliers. Redeem rebates, miles, and gift certificates with your rewards points.
Company controls
Ensure that the company controls are in place. Limit issuance, set credit card limits, and block certain merchant categories for your BPI Corporate Card.
Exemption from withholding tax
Be exempted from withholding tax on purchases of goods or services made using the BPI Corporate Card, as stipulated in BIR RMC 72-2004.
Does BPI require a minimum number of employees to be issued with BPI Corporate Cards per company?
Who assigns credit limit(s) for employee(s)?
It is the company who assigns the credit limit per employee, depending on their individual requirements.
How soon can a request for increase in credit limit be implemented?
The increase in credit limit can be processed on the same day, as long as the request is received no later than 2:00 PM.
How soon can a card cancellation be effected if request is initiated by the company?
The card can be cancelled on the same day, as long as the request is received no later than 2:00 PM. For lost cards, please call our 24-hour BPI Contact Center at (+632) 889-10000 for immediate blocking.
What can the company do to ensure that all expenses made by employee Cardholders are for business related activities and not for personal use?
The company should put in place the Policies and Procedures covering its Corporate Card Program. The best practice is to have the Cardholder sign an agreement certifying that he/she has read and agrees to comply with the terms and conditions governing the use of his/her Corporate Card.