The Bank of the Philippine Islands (BPI) has launched a new promotion to help Filipinos achieve their life goals, while helping the economy thrive by providing easier access to consumer loans.
The BPI Flex-Rewards promo offers up to P50,000 worth of flexible rewards to clients availing of a BPI Auto Loan or Housing Loan from February 16 to May 16, 2022.
“BPI aims to be at the forefront of economic recovery in the country by introducing financial products and services that help Filipinos fulfill their dreams,” said BPI Retail Loans group head Dennis Fronda.
“For this promo, we want to provide them with a more meaningful and rewarding way of owning their dream car or home today, in the most convenient and reliable way. We also aim to provide them opportunities to gain rewards which they can flexibly use across a wide range of product selections offered by the Bank,” he added.
For BPI Auto Loan, borrowers are entitled to a Flex-Rewards worth P10,000 for every P500,000 booked loan amount. Booking period is until June 16.
Meanwhile, the Housing Loan has a Flex-Rewards worth P10,000 for every P1,000,000 booked loan amount. The booking period for the home loan is until July 16.
Both have a cap of P50,000.
Borrowers can use these rewards to pay for select BPI products or other loan-related fees such as mortgage or processing fees, BPI MS and BPI AIA Insurance Premium, BPI deposit fund credits, BPI AMTC or BIMI Placements, loan amortization payment, and payment for BPI credit card bills.