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June 22, 2024

BPI dangles rewards for auto, housing loans

Bank of the Philippine Islands (BPI) headed by bankero TG Limcaoco is dangling rewards to borrowers of between P10,000 and P50,000 under the BPI Flex-Rewards promo.

BPI Retail Loans Group head Dennis Frondo said the promo is extended to clients availing of a BPI Auto Loan or Housing Loan until May 16 this year.

“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,” Fronda said.

The Ayala-led bank continues to be at the forefront of economic recovery by introducing financial products and services that help Filipinos fulfill their dreams.

Auto loan and housing loan borrowers are entitled to a Flex-Rewards worth P10,000 for every P500,000 booked loan amount. The cap is pegged at P50,000.

To capitalize on the merger between BPI and BPI Family Savings Bank, these rewards can be exclusively availed through BPI products and 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,” Fronda added.