The Bank of the Philippine Islands (BPI) offers a range of promotional benefits to its credit and debit cardholders, spanning from tangible product freebies to long-term financial waivers and dining discounts. These promotions are often structured as limited-time offers, with specific eligibility criteria and redemption processes. The available information details several distinct programs, including a grocery freebie partnership, an annual membership fee (AMF) waiver for life promotion, and a series of restaurant and service discounts valid through mid-2026.
Grocery Freebie Promotion with WalterMart and URC
A specific promotional offer provides BPI cardholders with a free grocery bundle from Universal Robina Corporation (URC), a food manufacturing brand, when they make qualifying purchases at WalterMart Supermarket. To be eligible, a BPI debit or credit cardholder must present a receipt totaling at least P4,000. This transaction can be made either in-store at a WalterMart location or through WalterMart’s online grocery delivery service. The promotion highlights a strategic partnership between the Ayala-led BPI and the Gokongwei family, which also controls URC. This synergy is noted to have strengthened in 2024 with BPI’s acquisition of Robinsons Bank.
Annual Membership Fee (AMF) Waiver for Life Promotions
BPI has run promotions allowing select cardholders to have the annual membership fee waived for the lifetime of their eligible credit card. These offers are typically targeted at specific groups and come with distinct conditions.
For Invited BPI Depositors
Select BPI depositors who received an invitational offer through channels such as telesales, email, Viber, or SMS are qualified for a no-AMF-for-life benefit. This waiver applies without any spend requirement, provided the applicant avails of a qualifying BPI credit card and activates it within 45 days of approval. Only the principal cardholder is eligible for this waiver, which is awarded once per eligible cardholder for a newly-issued BPI rewards-earning card or its replacements due to expiry. Supplementary cards are excluded from this promotion and follow standard AMF charging (free AMF for the first supplementary card, then annual charges for subsequent ones).
For General Applicants with a Spend Requirement
Another promotion structure requires a spend threshold to qualify for the AMF waiver for life. Eligible cardholders, defined as principal cardholders of specific BPI rewards cards, may be awarded the waiver once for a newly-issued card. The spend requirement must be met within a specified period. For instance, one promotion requires an accumulated spend of at least PHP 50,000 under a qualifying BPI Credit Card. This promotion also allows for card conversions or upgrades; for example, if a client upgrades from a BPI Rewards Card to a BPI Gold Rewards Card during the promo period, they remain eligible for the waiver, with the spend requirement based on the new card's terms. However, if a client changes from a non-eligible to an eligible card, the spend requirement is based on the combined spend of both cards within the period based on the approval of the first card.
Key Rules for AMF Waiver Promotions: * Eligibility: Generally limited to principal cardholders of newly-issued, eligible BPI rewards-earning cards. * Supplementary Cards: Typically excluded from the waiver promotion. * Card Changes: The waiver is tied to the specific card awarded. If a client upgrades or converts to a different card type (e.g., from a BPI Gold Rewards Card to a BPI Platinum Rewards Card), the AMF waiver for life is not transferred or carried over to the new card. * Awarding: Cardholders will receive an advisory when the AMF waiver has been applied.
Restaurant and Dining Discounts
BPI cardholders, including those with cards from the recently merged Robinsons Bank, can access a variety of dining discounts and perks. These promotions are valid at participating establishments until June 15, 2026, unless otherwise noted. The benefits range from percentage discounts to complimentary dishes.
Examples of Restaurant Promotions: * Seaking Garden Restaurant: Get a free dish with your BPI or Robinsons Bank Card. * Cristoforo: Get up to 30% off with your BPI or Robinsons Bank Card. * Top View Restaurant & Bar: Get 10% off with your BPI or Robinsons Bank Card. * Pool Bar by bai Hotel: Get 20% off with your BPI or Robinsons Bank Card. * Ume Japanese Cuisine by bai Hotel: Get 25% off with your BPI or Robinsons Bank Card (valid until June 6, 2026). * Mr and Mrs B: Get 10% off with your BPI or Robinsons Bank Card. * Tipulo by First Pacific Leadership Academy: Get a free dish with your BPI or Robinsons Bank Card.
Other promotions include discounts at First Pacific Leadership Academy (up to 41% off) and Manami Resort (35% off on best available rates). These offers require the use of a BPI or Robinsons Bank Credit or Debit Card at the time of purchase.
BPI Rewards Card Features and Application
The BPI Rewards Card is presented as a versatile option for daily spending, allowing cardholders to earn points on purchases. Points can be redeemed for various rewards, including shopping credits, gift vouchers, and airline miles. The card offers several key features: * Cash Access: Ability to withdraw up to 30% of the available credit limit. * Installment Plans: Payment terms can be extended up to 36 months through options like the Real 0% Special Installment Plan (S.I.P.) and Buy Now Pay Later. * Travel Insurance: Free insurance coverage of up to Php 2 million for travel booked using the card. * Points Earning: Earn one point for every Php 35 spent. * Forex Rates: A low foreign exchange conversion rate of 1.85% for transactions abroad or online.
Applicants interested in the BPI Rewards Card are directed to check eligibility requirements, though the specific criteria are not detailed in the provided source material.
Conclusion
BPI cardholders have access to a structured set of benefits that include direct product freebies, long-term financial waivers, and dining discounts. The grocery freebie promotion offers a tangible reward for spending at WalterMart, while the AMF waiver promotions provide significant savings for eligible new cardholders, albeit with strict rules regarding card type, supplementary cards, and transfers. The extensive list of restaurant discounts, valid through 2026, offers ongoing value for cardholders who dine at participating establishments. Consumers interested in these offers should carefully review the specific terms and conditions for each promotion, as eligibility and redemption processes vary. The partnership between BPI and Robinsons Bank also expands the reach of these benefits to a broader customer base.