BPI launches ‘Flex-Rewards’ promo for housing, auto loan customers

bpi-flex-rewards-banner

The country’s leading financial institution, the Bank of the Philippine Islands (BPI), launched today its latest promo dubbed “Flex-Rewards.” Through a digital event, BPI introduced a unique way its customers can customize their rewards based on their preferences and financial needs.

KEY TAKEAWAYS

  • What is the duration of BPI's Flex-Rewards promo?

    Promo duration is from February 16 to May 16, 2022.
  • Where can BPI clients choose to use their rewards?

    Rewards can be used for chattel mortgage fees, insurance premiums, deposit fund credits, AMTC/BIMI placements, amortization payments, and credit card rebates.
  • The Flex-Rewards promo is currently offered to BPI Housing and Auto Loan customers. For the latter, clients must be an individual borrower purchasing a brand-new vehicle for personal or private use. The minimum loan amount is P500,000 with a loan term of either 36, 48, or 60 months.

    new-almera

    For every P500,000 booked loan, BPI clients who are eligible for the promo will receive 10,000 reward points. So, if you’re getting a P1,000,000 auto loan, say for a 1.0-liter VE Turbo CVT Nissan Almera, you’ll get 20,000 rewards points. Those getting a P1,500,000 loan, either for a 2021 Innova 2.8-liter E AT or the new Honda Civic V Turbo CVT variant will get 30,000 rewards points, and so on.

    According to BPI, the rewards earned can be used by their clients either as a payment to the fees of their loan or for other BPI products. Available options include chattel mortgage fees, insurance premiums, deposit fund credits, AMTC/BIMI placements, amortization payments, and credit card rebates.

    Loan applicants must have a minimum downpayment of 20 percent and the loan must be “booked” (defined as full loan amount released to client or seller) on or before June 16, 2022.

    Application period is from February 16 to May 16, 2022. Customers can apply online or via BPI branches.

    Photos from BPI and Nissan

    Also read: 

    BPI MS, AXA offer preferred insurance rates for Honda Sensing-equipped vehicles

    BPI launches all-in-one auto loan and insurance package

    Ford PH, BPI collaborates to offer attractive auto loan deals to customers

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • ACMobility guarantees worry-free electrified mobility EV models, charging hubs
      ACMobility guarantees worry-free electrified mobility EV models, charging hubs
      Ruben Manahan IV . Today
    • LTO announces DL renewal schedule, to commence after Holy Week
      LTO announces DL renewal schedule, to commence after Holy Week
      Paulo Papa . Today
    • GAC Motor PH to reveal Emkoo Hybrid
      GAC Motor PH to reveal Emkoo Hybrid
      Ruben Manahan IV . Mar 27, 2024
    • Toyota PH offers emergency roadside assistance for Lenten season anew
      Toyota PH offers emergency roadside assistance for Lenten season anew
      Paulo Papa . Mar 27, 2024
    • Honda Cars PH reactivates HEAT for Holy Week
      Honda Cars PH reactivates HEAT for Holy Week
      Paulo Papa . Mar 27, 2024
    • Brembo: an ideal choice for discerning Filipino car owners
      Brembo: an ideal choice for discerning Filipino car owners
      Paulo Papa . Mar 26, 2024
    • Flyweight feud: Suzuki S-Presso AGS vs. Honda Brio V CVT
      Flyweight feud: Suzuki S-Presso AGS vs. Honda Brio V CVT
      Paulo Papa . Mar 20, 2024
    • Cabin check: What’s inside the BYD Atto 3
      Cabin check: What’s inside the BYD Atto 3
      Paulo Papa . Mar 19, 2024
    • Midsize SUV battle: Hyundai Santa Fe vs. Ford Everest
      Midsize SUV battle: Hyundai Santa Fe vs. Ford Everest
      Paulo Papa . Mar 14, 2024
    • Hyundai Santa Fe: 6 seductive colors
      Hyundai Santa Fe: 6 seductive colors
      Paulo Papa . Mar 12, 2024
    • Here are some ideal destinations and safety tips for the upcoming Holy Week
      Here are some ideal destinations and safety tips for the upcoming Holy Week
      Paulo Papa . Mar 08, 2024
    • Here are some New Year’s resolutions for car owners
      Here are some New Year’s resolutions for car owners
      Paulo Papa . Jan 03, 2024
    • PH auto market: 2023 in retrospect
      PH auto market: 2023 in retrospect
      Paulo Papa . Dec 15, 2023
    • Here’s a holiday gift guide for car enthusiasts
      Here’s a holiday gift guide for car enthusiasts
      Hazel Nicole Carreon . Dec 15, 2023
    • Oil players cut pump prices anew
      Oil players cut pump prices anew
      Paulo Papa . Nov 14, 2023
    • First look: JMC Grand Avenue
      First look: JMC Grand Avenue
      Paulo Papa . Mar 27, 2024
    • Above average: Toyota Raize G
      Above average: Toyota Raize G
      Paulo Papa . Mar 22, 2024
    • BYD Atto 3: from the metro to the mountains
      BYD Atto 3: from the metro to the mountains
      Paulo Papa . Mar 18, 2024
    • Late bloomer: Hyundai Stargazer GLS Premium
      Late bloomer: Hyundai Stargazer GLS Premium
      Ruben Manahan IV . Mar 08, 2024
    • Adventure-ready: Subaru Crosstrek
      Adventure-ready: Subaru Crosstrek
      Paulo Papa . Mar 01, 2024