Benefits
Green check icon

Fixed monthly installments

Convert your new retail and online transactions in fixed monthly installments.

Green check icon

Fast processing

Have your application processed in as fast as 5 banking days.

Green check icon

Low add-on rate

Get as low as 0.99% monthly add-on rate for 36 months.

Green check icon

Use 100% of your available limit

Avail up to 100% of your credit limit.

Rates

Term

Monthly add-on rate

Factor rate

EIR PA

3

1.00%

0.343333

17.91%

6

1.00%

0.176667

20.29%

9

1.00%

0.121111

21.11%

12

1.00%

0.093333

21.46%

18

1.00%

0.065556

21.64%

24

1.00%

0.051667

21.57%

36

0.99%

0.037678

21.01%

Notes:

  • Effective Interest Rate (P.A) of 21.01% on a 36-month term.
  • A service fee will be charged for each S.I.P. Loan Availment. This fee will be reflected in the succeeding statement of account.
  • Please be advised of the adjusted S.I.P. Loan Service Fee for BPI Credit Cards:

Effective date

Changes

April 16, 2024

The S.I.P. Loan Service Fee of P300 will be adjusted to Php 500 to be charged for S.I.P. Loan availment above Php 50,000 while transactions up to Php 50,000 will still be charged at Php 300.

This one-time fee will be applied for every availment of the following S.I.P. Loans starting April 16, 2024 and will be reflected on the next statement of account:

  • Balance Transfer
  • Credit-to-Cash
  • Balance Conversion
Sample interest computation for Balance Conversion

Loan amount: Php 20,000.00
Term: 12 months
Add-on rate (per month): 1.00%
Effective interest rate (per month): 1.79%
Factor rate: 0.093333
Monthly amortization: Php 1,866.67
Total interest: Php 2,400

 

MonthS.I.P. Loan Monthly amortization  Interest Principal paymentsOutstanding principal balance
020,000 0020,000.00
1 1,866.67357.621,509.0518,490.95
2 1,866.67330.641,536.0316,954.92
3 1,866.67303.171,563.5015,391.43
4 1,866.67275.211,591.4513,799.97
5 1,866.67246.761,619.9112,180.06
6 1,866.67217.791,648.8810,531.19
7 1,866.67188.311,678.368,852.83
8 1,866.67158.31,708.377,144.46
9 1,866.67127.751,738.925,405.55
10 1,866.6796.661,770.013,635.53
11 1,866.6765.011,801.661,833.88
12 1,866.6732.791,833.880.00

Avail Balance Conversion now

Simply call (+632) 889-10055, visit any BPI branch near you, or request for a callback via BPI Help and Support.

Don't miss out on the latest promotions
Featured

Real 0% Special Installment Plan (SIP)

Get additional credit limit for your installment transactions with your BPI Credit Card.
Featured

100% Bonus Madness Limit

Enjoy increased purchasing power with up to 100% of additional limit on your installment purch

Real 0% S.I.P. at partner home improvement merchants

Enjoy a special installment plan of up to 24 months with our partner home improvement merchant

Real 0% SIP at Partner Department Stores

Enjoy Real 0% installment of up to up to 12 months at our partner department stores

Special Installment Plan at Partner Health and Wellness Merchants

Enjoy a special installment plan of up to 24 months with our health, wellness, hospitals, clin
Similar loans you might be interested in

Balance Transfer

Now is the best time to transfer your other credit card balances to your BPI Credit Card.
S.I.P. Loan Credit-to-Cash logo

Credit to Cash

Easily convert your credit limit to cash and pay in flexible payment terms.

S.I.P. for Hospital

Pay for medical expenses in easy installments up to 36 months.
Need more help?

Get all the help for your banking needs.

prefered