Welcome Spree Promo

Get up to Php 15,000 worth of eGCs and avail of waived annual membership fees (“AMF”) when you apply for a BPI Platinum Rewards Card, BPI Gold Rewards Card, or BPI Rewards Card, through the BPI Welcome Spree Promo (the “Promo”).

General policies

1. These Terms and Conditions govern the Promo for all individuals who apply for, and are issued, BPI Platinum Rewards Card, BPI Gold Rewards Card, or BPI Rewards Card during the Promo Period, subject to other eligibility requirements prescribed hereunder.

2. The Terms and Conditions governing the use of BPI Credit Cards, BPI’s Products, Services, Facilities and Channels, Giftaway eGCs, as well as the BPI Data Privacy Statement, are hereby incorporated by reference and shall form an integral part hereof.

Eligibility and participation

A. Provisions common to both rewards

1. The Promo, which shall run from March 18, 2024 to June 30, 2024 (the “Promo Period”), shall be open to the following (“Eligible Cardholders”):

• Individuals who apply for BPI Platinum Rewards Card, BPI Gold Rewards Card, or BPI Rewards Card during the Promo Period, and whose applications are approved within 30 days from the Promo end date, and who, prior to such application and issuance:
  • Did not have an existing principal BPI Credit Card
  • Did not have BPI Credit Cards which were cancelled within the last twelve (12) months 

2. In case multiple credit cards are applied for during the Promo Period, only one (1) card will be eligible for both the welcome gift and the AMF waiver, based on the card hierarchy below:

• BPI Platinum Rewards Card
• BPI Gold Rewards Card
• BPI Rewards Card

3. Conversion, upgrade, or change in the card type approved will result in the following:

• In terms of the AMF waiver, outright disqualification;
• In terms of the welcome gift, should the conversion, upgrade, or change in the card type involve a change from an eligible card type to another eligible card type during the Promo Period, then the Eligible Cardholder shall still be entitled to the welcome gift, but the spend requirement and the reward will be based on the first card variant. To illustrate, should a cardholder upgrade from a Gold Rewards Card to a Platinum Rewards Card within the Promo Period, the spend requirement and the welcome gift applicable will be that set for a Gold Rewards Card. 

B.  Provisions applicable to the Welcome Gift

1. Registration

• Each Eligible Cardholder will receive a unique alphanumeric promo code in his registered mobile number and/or email address in BPI’s records,¹ for purposes of registration. In case an Eligible Cardholder deletes the promo code, he may call the BPI  Contact Center to ask for the same.

¹The mobile number or e-mail address used for registration must be the same with the Eligible Cardholder's contact details in BPI's records. Should there be any changes within the Promo Period, it is the responsibility of the Eligible Cardholder to update his contact information in BPI's records. In case the mobile number and/or e-mail address does not match with BPI's records, the Eligible Cardholder is required to update his contact information by visiting the nearest BPI branch. The Eligible Cardholder may register after two (2) banking days from the date of contact information update.

• Only the principal cardholder, who shall receive an e-mail or SMS from BPI, is allowed to register to the Promo.
• To register, Eligible Cardholders must visit the registration portal, enter their unique promo code, and supply the information requested for registration.  
• After the Eligible Cardholder submits his registration details, a confirmation message will appear on the portal to confirm receipt of his registration from Giftaway. 
• The Eligible Cardholder will receive a notification message from Giftaway regarding the result of his registration through SMS and/or e-mail within five (5) to seven (7) banking days from the date of registration attempt. A successful registration is required to qualify for the Promo.
• Eligible Cardholders must register within the applicable registration period as detailed below. 
• By completing his registration, the Eligible Cardholder agrees that his personal information shall be subject to the confidentiality, data privacy, and the security terms of the service provider, Giftaway.
• Eligible Cardholders with successful registrations will receive a unique link from Giftaway, and such link shall serve as the Eligible Cardholder’s unique redemption portal via the eGC hub.  

2. Spend Accumulation

• To be entitled to the Welcome Gift detailed below, the Eligible Cardholder must meet the spend requirement during the spend period as follows:

• Valid transactions to be included are posted transactions of the following types:
  • Retail transactions 
  • Special Installment Plan (SIP) merchant transactions
  • Credit-to-Cash
  • SIP for Schools  
  • SIP for Hospital
  • Balance Transfer transactions
  • Utility Bills payment
  • Pay Bills via Credit Card

• The following transactions are excluded from the Promo: 
  • Fees: Late payment fees, gaming fees, replacement fee, check protect fee, cash advance fee
  • Cash Advance
  • Balance Conversion Transactions
  • Bail and bond payment transactions
  • Gambling transactions
  • Money Transfer Merchant transactions
  • Quasi-cash merchant financial institution transactions
  • Quasi-cash transactions
  • Political Organization transactions
• Valid transactions made by the Eligible Cardholder (who should be the principal cardholder) and his supplementary cardholder(s) during the applicable spend period using their eligible cards and their BPI eCredit card (if any) will be accumulated and shall be considered as the Eligible Cardholder’s total transactions under this Promo

• The Eligible Cardholder may view the qualified transactions in the eGC hub. Qualified transactions are posted in the eGC hub within five (5) to seven (7) banking days from the date of posting of transactions in BPI’s system.

3. Redemption

• At the end of each spend period, Eligible Cardholders who meet the spend requirement will receive an advisory from BPI that they have successfully met the Promo requirements, and that they can redeem their reward in the redemption portal (eGC hub) within the redemption period below:

• Eligible Cardholders will receive a notification via the BPI App on the first week of the redemption period, if they have met the spend requirement. Cardholders may also check the eGC hub on the first day of the applicable redemption period if he has met the spend requirement while waiting for the advisory from BPI.
• On the first day of the redemption period, the welcome gift reward of the Eligible Cardholders who met the minimum spend requirement, in the form of eGCs, will be unlocked on the eGC Hub. Once unlocked, the Eligible customers must choose among the featured eGC partners in essentials, electronics and travel categories, to wit:

• Cardholder must select Redeem Now and choose the eGC redemption option. The eGCs  shall be in Php 500 denomination.
• A confirmation page will prompt and the vouchers will be stored on the eGC hub.
• Instructions on how to use the redemption code will also be displayed on the eGC hub. Specific redemption instructions are provided per merchant. 
• The redemption code is transferable to the Eligible Cardholders' nominated recipient as long as he meets the requirements in using the redemption code.
• The eGC is for one-time use only. 
• As the eGCs come in Php 500 denominations only, if the total value of eGCs used to redeem an item is not used up, the remaining value will be forfeited. To illustrate, if the Eligible Cardholder wants to redeem an item worth Php 2250 purely with eGCs, the Eligible Cardholder must use five (5) eGCs, totaling Php 2500. The Php 250 will not be refunded to the Eligible Cardholder, and will be forfeited. However, the Eligible Cardholder will have the option to supplement his eGCs with cash. In the example above, the Eligible Cardholder may choose to use only four (4) eGCs totaling Php 2000, and pay the merchant the remaining Php 250 in cash.
• All terms and conditions relating to the use of eGC code redemption per merchant, as indicated in the redemption portal, shall apply. 
• The status of each qualified eGC will be reflected in the eGC hub e.g. Active, Used, Expired.  
• The eGC is not valid in conjunction with any ongoing promos. 
• All earned but unredeemed eGCs in the eGC hub will expire after the applicable redemption period.
• All unredeemed eGCs at partner merchant will be deactivated sixty (60) days from the date of redemption in the eGC hub.
• Once a redemption is made, it cannot be cancelled, reversed, or applied to another item, or eGC. 
• The eGCs are not convertible to BPI Points, cash, or cash credit.
• The Eligible Cardholder is responsible for safekeeping his eGC and unique redemption portal link (eGC hub). BPI and the merchant partner shall not replace the redeemed eGC code. 
• BPI will not send notifications via SMS and/or email on the expiry of the earned eGCs. It is the responsibility of the Eligible Cardholder to track the expiry of their rewards in the eGC hub.

C. Provisions applicable to the AMF Waiver

1. Eligible Cardholders shall be entitled to AMF Waiver for life, If they are able to meet the annual spend requirement using their BPI Platinum Rewards Card, BPI Gold Rewards Card, or BPI Rewards Card, issued during the Promo Period. 

As new cardholders are entitled to AMF waiver for the first year, for Personal Customers, and first three (3) years, for Preferred Customers, AMF waiver through the Promo will start on the second (2nd) year for Personal Customers, and on the fourth (4th) year for Preferred Customers.

2. The spend period for purposes of determining entitlement to the recurring AMF waiver will be the twelve (12)-month period commencing on the card anniversary date and ending on the day preceding the next card anniversary date (e.g., March 19, 2025 to March 18, 2026). The tracking of the annual spend will occur every year.

To illustrate 1 and 2:

Personal Customer:

If the Eligible Cardholder is a Personal Customer who applied on April 1, 2024 and subsequently got approved on April 5, 2024, his card anniversary will be on April 5, 2024. Since Personal Customers enjoy no AMF for the first (1st) year, they will not be charged an AMF at this time.

The effectivity for the AMF waiver through this Promo will therefore begin on the period covering April 5, 2024 to April 4, 2025. If the Eligible Cardholder meets the annual spend requirement based on his card variant, then he will receive an AMF waiver and does not need to pay the AMF on the cycle of April 5, 2025.

The following year, the spend period will be from April 5, 2025 until April 4, 2026. If the Eligible Cardholder meets the annual spend requirement, the Eligible Cardholder will not need to pay the AMF on April 5, 2026. This will occur annually.

Preferred Customer:

If the Eligible Cardholder is a Preferred Customer who applied on April 1, 2024 and subsequently got approved on April 5, 2024, his card anniversary will be on April 5, 2024. Since Preferred Customers enjoy no AMF for the first three (3) years, they will not be charged an AMF at this time. 

The effectivity for the AMF Waiver based on annual spend requirement will therefore begin on the period covering April 5, 2026 to April 4, 2027. If the Eligible Cardholder meets the annual spend requirement based on his card variant, then he will receive an AMF waiver and does not need to pay the AMF on the cycle of April 5, 2027.

The following year, the spend period will be from April 5, 2027 until April 4, 2028. If the Eligible Cardholder meets the annual spend requirement, he will not need to pay the AMF on April 5, 2028. This will occur annually.

3. Spend requirement to qualify for the AMF recurring waiver based on card variant:

4. Valid transactions made by the Eligible Cardholder (who should be a principal cardholder) and his supplementary cardholder(s) during the applicable spend period using their eligible cards will be accumulated and shall be considered for purposes of determining the annual spend under this Promo.

5. Eligible Cardholders who meet the annual spend requirement will be awarded an AMF waiver. An AMF charge will appear on their statement of account, but the same will be immediately reversed such that Eligible Cardholders do not need to pay. The AMF reversal will automatically be reflected on the following cycle’s statement of account.

6. Should the Eligible Cardholder fail to meet the annual spend requirement for a particular year, he will be charged the AMF. Such Eligible Cardholder shall remain entitled to the AMF waiver for succeeding years, as long as he meets the annual spend requirement.    

7. Each Eligible Cardholder (who must be the principal cardholder) may only be awarded the AMF waiver once per annum, and only for his newly-issued BPI Credit Card and its replacements due to expiry. 

8. Supplementary cards are excluded from this Promo, and will follow the standard AMF charging – free AMF for life for 1st supplementary card, and annual charging of AMF for the 2nd supplementary card onwards.

Rewards

Eligible Cardholders will be entitled to the following if they meet the spend requirement during the spend period prescribed hereunder:

1. Welcome Gift

2. AMF Waiver

Other conditions

1. The principal credit card must be active and current at point of awarding.

2. This Promo, unless otherwise provided, will not apply in conjunction with any other existing bank promotion. In case of dispute pertaining to the Promo including, but not limited to, the cardholder’s eligibility, coverage dates, fulfillment, etc., BPI’s decision, with the concurrence of DTI, will prevail. Any and all questions or disputes regarding the eGCs received in connection with this Promo must be raised to Giftaway's Customer Support within thirty (30) days from the date of receipt of the eGCs.

3. The terms and conditions governing the issuance and use of BPI Credit Cards, which are made an integral part hereof by reference, shall likewise be resorted to in instances where they are applicable to this Promo. 

4. The Promo shall be subject to periodic review to ensure compliance with BPI’s policies and procedures, as well as with BSP rules and regulations and other applicable laws.

5. The application for, and issuance of, BPI Platinum Rewards Card, BPI Gold Rewards Card, or BPI Rewards Card, shall be subject to BPI’s applicable credit parameters.

6. BPI employees are disqualified to join the Promo.

7. To the full extent allowed by applicable laws, all warranties, whether express or implied by law or statute, are excluded herein. BPI does not make any warranty, express or implied, with respect to any of the prizes.

Read the frequently asked questions about this promo.

For inquiries and comments, send us a message or call our 24-hour BPI Contact Center at ‎(+632) 889-10000.

Per DTI Fair Trade Permit No. FTEB-188930 Series of 2024