How to apply to BPI Blue Mastercard Credit Card

The BPI Blue Mastercard, offered by the Bank of the Philippine Islands, is tailored towards meeting daily financial needs while rewarding cardholders. It allows individuals to enjoy a range of benefits including year-round discounts, freebies, and flexible installment options at various stores, alongside the opportunity to earn rewards points with each purchase.

This credit card is particularly appealing for its rewards program, where cardholders earn one BPI point for every PHP35 spent, which can be redeemed for gift vouchers, shopping credits, or airline miles. These reward points are non-expiring, providing a long-term value for the cardholders. Additionally, the BPI Blue Mastercard facilitates cash accessibility by allowing cardholders to withdraw up to 30% of their available credit limit through cash advances, and extend their payment terms up to 36 months, offering a degree of financial flexibility.

Furthermore, the BPI Blue Mastercard stands as a sensible choice for first-time and low-income credit cardholders due to its low annual fee of PHP1,550 and a modest annual income requirement of PHP180,000. This positions the card as a budget-friendly option without compromising on the benefits. Moreover, the card is seen as a convenient tool for savvy shoppers, especially with benefits extending to Ayala malls and a waiver of the annual fee for the first year.

The BPI Blue Mastercard Benefits

The BPI Blue Mastercard is engineered to offer a mix of financial flexibility and rewards, making it a worthy companion for daily transactions. Its benefits are crafted to cater to a variety of consumers, ensuring a blend of savings, convenience, and opportunities to earn rewards. Here are some of the most notable benefits of the BPI Blue Mastercard:

Year-round Discounts and Promotions

With the BPI Blue Mastercard, cardholders can enjoy year-round discounts and promotional offers at numerous participating stores. This feature is particularly beneficial for individuals looking to save on their purchases throughout the year, offering a tangible value-back on spending.

Non-expiring Reward Points

One of the standout features of the BPI Blue Mastercard is its non-expiring reward points system. For every PHP35 spent, cardholders earn one BPI point which can later be redeemed for a variety of rewards including gift vouchers, shopping credits, or airline miles. This encourages spending while providing long-term value, as there’s no pressure to redeem points before they expire.

Flexible Installment Options

The card offers flexible installment options, allowing cardholders to stretch their payments up to 36 months. This feature provides financial flexibility, enabling cardholders to manage their finances better and make purchases without the immediate burden of total payment.

Cash Advance Facility

Cardholders have the option to withdraw up to 30% of their available credit limit through cash advances. This feature provides a level of financial security in case of emergencies or unexpected expenses, ensuring that cardholders have access to cash when they need it.

Low Annual Fee and Income Requirement

With a low annual fee of PHP1,550 and a modest annual income requirement of PHP180,000, the BPI Blue Mastercard is an accessible option for first-time and low-income credit cardholders. This budget-friendly aspect of the card makes it an attractive choice for a wide range of consumers.

First Year Free of Annual Fees

The waiver of the annual fee for the first year is an added advantage, allowing individuals to experience the benefits of the card without the initial cost. This not only lowers the entry barrier but also provides an incentive for individuals to try out the BPI Blue Mastercard without a financial commitment in the first year.

Prerequisites to Obtain the BPI Blue Mastercard

To apply for the BPI Blue Mastercard, individuals need to meet certain eligibility criteria and provide the necessary documentation as part of the application process. Here are the primary prerequisites:

1. Age Requirement:
   • The primary cardholder must be at least 21 years old, while supplemental cardholders must be at least 13 years of age.
2. Income Requirement:
   • Applicants need to have a monthly salary of at least PHP 15,000. Alternatively, the annual income requirement is stated as PHP 180,000.
3. Residency and Citizenship:
   • Applicants should be either Philippine residents or Filipino citizens.
4. Contact Information:
   • A business or residence contact number is required as part of the application process.
5. Identification Documentation:
   • Proof of identification is required, with a valid ID that has a picture. Examples of acceptable IDs include a Driver’s License, Passport, Voter’s ID, or SSS/GSIS ID.
6. Proof of Income:
   • Applicants need to provide proof of income, or alternatively, a copy of a credit card statement from another bank can be provided as part of the income verification process

About BPI Financial Institution

BPI is not only the oldest bank in the Philippines but also one of the pioneering banking institutions in the Southeast Asian region.

As a financial stalwart in the Philippines, BPI has grown to become the country’s second-largest bank, trailing only Metropolitan Bank & Trust. It provides a comprehensive range of financial services catering to both retail and corporate clients. The spectrum of services includes consumer banking, corporate finance services, asset management, and brokerage services among others, embodying a universal banking model that serves a diverse clientele

Who is the BPI Blue Mastercard for?

The BPI Blue Mastercard is designed for a broad spectrum of consumers, particularly catering to first-time and low-income credit cardholders due to its low annual fee and modest income requirement. Its suite of benefits like year-round discounts, non-expiring reward points, and flexible installment options make it a valuable tool for savvy shoppers and individuals seeking to manage their daily expenses effectively while enjoying rewards. The card’s features align well with those who appreciate financial flexibility and value-added perks on their spending, making it a versatile choice for a wide demographic, ranging from young adults embarking on their financial journey to budget-conscious families and individuals.

Step by Step to Apply for the BPI Blue Mastercard

To apply for the BPI Blue Mastercard, you can follow the steps outlined below. The process can be initiated either online or by visiting a nearby BPI branch, although the online method is often seen as more convenient:

• Eligibility Check:

Ensure you meet the eligibility criteria such as being at least 21 years old, and meeting the minimum annual income requirement.

• Prepare Documentation:

Gather necessary documents including identification and proof of income.

• Visit BPI’s Official Website:

Go to BPI’s official website, navigate to the Credit Cards section.

• Select Card Type:

Choose the BPI Blue Mastercard from the list of available card options then click on “Apply Now”.

• Complete Application Form:

Fill out the online BPI Credit Card Application Form with your personal and financial information.

• Upload Documents:

Upload digital copies or photos of your valid ID and income documentation.

• Submit Application:

Click “Submit” and review your application summary. Check your email for a confirmation of your successful online application.

• Await Notification:

Wait for an SMS notification regarding your application, typically received within one to two weeks. If no SMS is received, you may call the BPI hotline for a follow-up after two weeks.

APPLY TO BPI BLUE MASTERCARD CREDIT CARD HERE

Additionally, you can manage your BPI Blue Mastercard and other banking needs through the BPI Mobile Banking app, which is available for download on both Android and iOS. The app offers a range of features to make banking with BPI more convenient and accessible.

Positives and Negatives of the BPI Blue Mastercard

The BPI Blue Mastercard comes with a host of advantages like year-round discounts, non-expiring reward points, and flexible installment options which can be particularly beneficial for individuals looking to maximize the value they get from their credit card. Furthermore, the low annual fee and income requirement make this card accessible to a wide range of consumers including those who are new to credit or have a lower income. The waiver of the annual fee for the first year is an additional perk that lowers the entry barrier for potential cardholders.

Pros:

• Year-round discounts and promotions
• Non-expiring reward points
• Flexible installment options
• Cash advance facility
• Low annual fee and income requirement
• First year free of annual fees
• Accessible to first-time and low-income credit cardholders
• Benefits at Ayala malls
• Online application process for convenience
• Mobile app for easy account management

Cons

• Annual fee of PHP 1,550 (waived for the first year)
• May have higher interest rates compared to other cards
• Minimum monthly income requirement of PHP 15,000

On the downside, the annual fee of PHP 1,550 from the second year onwards and potentially higher interest rates when compared to other cards could be a drawback. The minimum monthly income requirement of PHP 15,000, although relatively low, may still be a hurdle for some individuals. These factors should be considered when evaluating the suitability of this card for one’s financial needs.

How to Activate the BPI Blue Mastercard?

Upon receiving your BPI Blue Mastercard, the activation process is straightforward and can be done via text message. Here’s a step-by-step guide on how to activate your card:

1. Open the SMS app on your mobile phone:
   • Navigate to the messaging app on your mobile phone to begin the activation process.
2. Compose a Message:
   • Compose a message typing BPIACT followed by a space, then the last 10 digits of your BPI Credit Card number. For example, if your card number is 1234 5678 9012 3456, you would type: BPIACT 90123456.
3. Send the Message:
   • Send this message to 225689. Ensure that the mobile number you are using to send this message is the same as the one registered in BPI’s records.
4. Confirmation:
   • After sending the message, your credit card will be activated within a time frame of up to 2 days, excluding holidays and weekends. Make sure to check for any confirmation messages from BPI regarding the activation of your card.

It’s essential to note that only the principal cardholder can activate the card and the mobile number used should match the one registered with BPI.

BPI Blue Mastercard Fees and Tariffs

Here’s a summary of the main costs associated with the BPI Blue Mastercard:

Contact BPI Blue Mastercard Customer Service

Here are the official channels through which you can seek assistance or inquire about the BPI Blue Mastercard:

1. Phone Numbers:
   • 24-hour Contact Center: (+632) 889-10000.
   • BPI Preferred Dedicated Line: (+632) 7791-0077.
   • Domestic Toll-free Number (using PLDT and calling outside Metro Manila): 1-800-188-89-100.
2. Address:
   • Bank of the Philippine Islands, Ayala Triangle Gardens Tower 2, Paseo de Roxas corner Makati Avenue, Makati City 1226.
3. Online Channels:
   • Official Website
   • For inquiries and comments, you can send a message via the official BPI website.
4. International Toll-free Numbers:
   • Various international toll-free numbers are available for different countries. If your country is not included in the list, dial the International Access Code +63 + 2 + 88910000.

These channels should provide a robust means of getting the necessary assistance or information you need regarding the BPI Blue Mastercard.