The BPI Blue Mastercard offers a range of benefits, including cashback rewards, flexible installment plans, contactless payments, online shopping protection, and discounts and perks from partner merchants, all at a low annual fee.
- No annual fee for the first year: The BPI Blue Mastercard offers a waived annual fee for the first year, making it an attractive option for those who want to save on credit card fees.
- Low-interest rate: The card offers a low-interest rate of 2.00% per month, lower than the average interest rate for credit cards in the Philippines.
- Rewards program: The BPI Blue Mastercard has a rewards program that allows you to earn 1 reward point for every PHP 35 spent on eligible purchases. These points can be redeemed for a variety of rewards, such as cash rebates, air miles, and merchandise.
- Contactless payment: The card comes with Mastercard contactless payment technology, allowing you to make fast and secure payments without needing a PIN or signature.
- Complimentary travel insurance: Cardholders can enjoy free travel insurance coverage of up to PHP 5 million when they use their card to purchase travel tickets.
- Discounts and privileges: Cardholders can also enjoy exclusive discounts and benefits at partner merchants, restaurants, and hotels.
BPI Blue Mastercard is an excellent option for those who want a credit card with low fees and interest rates, a rewards program and other benefits. However, it’s important to note that credit cards should be used responsibly and within your means to avoid debt and other financial problems.
How Much Is The Annual Fee of BPI Blue Mastercard?
The annual fee for the BPI Blue Mastercard is PHP 1,550. However, for the first year, the annual fee is waived. It’s important to note that credit card fees and charges can vary over time, so it’s always a good idea to check with the issuer for the most up-to-date information.
BPI Real Thrills Rewards Program.
The BPI Blue Mastercard has a rewards program called the BPI Real Thrills Rewards Program. With this program, you can earn rewards points for every eligible purchase you make using your card. Here are some of the details of the BPI Real Thrills Rewards Program:
- Earning rewards points: You can earn 1 rewards point for every PHP 35 spent on eligible purchases using your BPI Blue Mastercard. However, certain transactions, such as cash advances and balance transfers, are not eligible for rewards points.
- Redeeming rewards points: You can redeem your rewards points for a variety of rewards such as cash rebates, air miles, shopping vouchers, and merchandise. The redemption rate varies depending on the type of reward you choose.
- Partner merchants: You can earn bonus rewards points when you use your BPI Blue Mastercard at partner merchants, which include airlines, hotels, restaurants, and retail stores.
The BPI Real Thrills Rewards Program offers a variety of rewards options for BPI Blue Mastercard holders, allowing you to earn and redeem rewards points for a range of benefits.
How To Apply for BPI Blue Mastercard?
You can apply for a BPI Blue Mastercard by following these steps:
- Visit the BPI website: Go to the BPI website at www.bpi.com.ph and click on “Apply Now” under the BPI Credit Cards section.
- Choose the BPI Blue Mastercard: Select the BPI Blue Mastercard from the list of credit cards available.
- Check the eligibility requirements: Review the eligibility requirements for the BPI Blue Mastercard, which may include minimum age, income, and other criteria.
- Prepare the required documents: Make sure you have all the required documents, which may include a valid ID, proof of income, and other supporting documents.
- Fill out the application form: Fill out the online application form with your personal information, contact details, and other required information.
- Submit the application: Review your application form to ensure all information is accurate, then submit your application online.
- Wait for approval: Wait for the bank to process your application and notify you of the status of your application. Depending on the bank’s processing time, this can take a few days to a few weeks.
Alternatively, you can also visit a BPI branch near you to apply for a BPI Blue Mastercard in person. Bring all the required documents and speak with a bank representative who can assist you with the application process.
What Are The Eligibility Requirements?
The eligibility requirements for applying for a BPI Blue Mastercard may include the following:
- Age: The applicant must be at least 21 years old or above, but not more than 60 years old at the time of application.
- Income: The applicant must have a minimum monthly income of PHP 15,000. This can be from employment or business, and should be supported by the necessary documents such as payslips, ITR, or business permits.
- Citizenship: The applicant must be a Filipino citizen or a foreigner who is a permanent resident of the Philippines.
- Credit standing: The applicant must have good credit standing and no history of delinquent credit accounts or unpaid debts.
- Requirements: The applicant must submit all the necessary documents such as a valid ID, proof of income, and other supporting documents required by the bank.
It’s important to note that eligibility requirements vary over time and may depend on the bank’s policies. Always check with the bank for the most up-to-date eligibility criteria before applying for any credit card.
Who Should Apply for BPI Blue Mastercard?
The BPI Blue Mastercard targets individuals with a monthly income of at least PHP 15,000 and are looking for a credit card that offers a balance of rewards, benefits, and affordability. The card is ideal for young professionals, entrepreneurs, and individuals who are just starting to build their credit history.
The card’s low annual fee, rewards program, and other benefits make it a good option for those who want to enjoy the perks of owning a credit card without breaking the bank. The BPI Blue Mastercard also comes with features such as installment plans, contactless payments, and online shopping protection, making it a convenient and secure payment option for everyday use.
Overall, the BPI Blue Mastercard is designed to cater to a wide range of individuals looking for a reliable credit card that offers value for money.
What Is The Required Credit Score To Be Approved in BPI Blue Mastercard?
BPI does not disclose a specific credit score requirement for approval of the BPI Blue Mastercard. The bank evaluates credit card applications based on various factors, including the applicant’s credit history, income, employment status, and other criteria.
While a good credit score is generally helpful in getting credit card approval, it is not the only factor banks consider. Other factors such as income, debt-to-income ratio, and payment history are also important.
If you’re interested in applying for the BPI Blue Mastercard, it’s best to ensure that you meet the eligibility requirements and have a good credit standing by maintaining a good payment history and avoiding delinquent accounts. This can increase your chances of being approved for the credit card.
Is BPI Blue Mastercard Suitable For Self-employed?
Yes, the BPI Blue Mastercard can be a good credit card option for self-employed individuals who are looking for a credit card that offers a balance of rewards, benefits, and affordability. The card’s eligibility requirements include a minimum monthly income of PHP 15,000, which can be from employment or business income.
The card’s features such as installment plans, contactless payments, and online shopping protection, make it a convenient and secure payment option for self-employed individuals who need to make business-related purchases or expenses.
Additionally, the BPI Blue Mastercard rewards program offers cashback rewards for various types of spending, including dining, groceries, and fuel purchases, which can be a valuable perk for self-employed individuals who need to make these types of purchases on a regular basis.
Overall, if you are self-employed and meet the eligibility requirements for the BPI Blue Mastercard, it can be a good credit card option to consider. However, it’s always best to review the card’s features and benefits, as well as any applicable fees and charges, to determine if it’s the right fit for your specific needs and financial situation.
Final Thoughts About BPI Blue Mastercard.
In summary, the BPI Blue Mastercard is a good credit card option for individuals who are looking for a credit card with a balance of rewards, benefits, and affordability. The card’s low annual fee, rewards program, and other benefits make it a good option for those who want to enjoy the perks of owning a credit card without breaking the bank.
The card’s eligibility requirements are also reasonable, making it accessible to a wide range of individuals who meet the minimum income requirement and other criteria. However, it’s important to note that the actual credit limit and other terms of the card will depend on various factors, including the applicant’s credit history and other factors.
The card’s cashback rewards program offers cashback for various types of spending, including dining, groceries, and fuel purchases, making it a valuable perk for those who use their credit card for these types of purchases on a regular basis.
The BPI Blue Mastercard also offers features such as installment plans, contactless payments, and online shopping protection, making it a convenient and secure payment option for everyday use.
Overall, if you are looking for a reliable and affordable credit card that offers rewards and benefits, the BPI Blue Mastercard is worth considering. However, it’s always best to carefully review the card’s features, benefits, fees, and charges before applying to ensure it fits your financial needs and lifestyle.
