BPI offers flexible rewards in auto and housing loans

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.

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Innovating ways to promote financial inclusion amid recovery efforts, the Bank recently introduced the BPI Flex-Rewards promo, which offers up to Php 50,000 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, there is a Flex-Rewards worth Php10,000 for every Php500,000 booked loan amount (*cap of Php50,000). Meanwhile, the Housing Loan has a Flex-Rewards worth Php10,000 for every one million booked loan amount (*cap of 50,000). The booking period this year for the Auto Loan is until June 16, while the Housing Loan booking period is until July 16.

To capitalize on the merger between BPI and BPI Family Savings Bank, these rewards can be exclusively availed through BPI products and/or loan-related fees. Clients may use the rewards through 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.

“We remain committed to creating a more holistic banking experience for our clients, helping them turn their aspirations into reality with BPI’s reliable financial solutions,” Mr. Fronda said. 

Visit bpiloans.com and follow BPI on Facebook to learn more about the BPI Flex-Rewards promo.