BPI Summer Installment Madness

Promo Overview

Enjoy more summer shopping time with Real 0% installment deals, extended time to pay and additional credit limit in over 4,700 stores until April 15, 2013.

Visit the exhibit at the New Glorietta Activity Center from March 6 to 24.

Terms and Conditions

1. Installment Madness is available in all participating S.I.P. stores nationwide from March 1 to April 15, 2013 and at the New Glorietta Activity Center exhibit on March 6 to 24.
   
2. Installment Madness is exclusively available to all existing BPI Express Credit cardholders in good credit standing.
   
3. BPI Express Credit offers Real 0% interest and reduced rates on selected items at selected terms for a minimum purchase of P3,000 (minimum purchase requirement and installment terms may vary per merchant).
   
4. To avail of the products and services, cardholder must personally present his BPI Express Credit Card to the participating dealer and sign the BPI chargeslip when the transaction is approved.
   
5. If a cardholder decides to pre-terminate his Special Installment Plan (S.I.P.) transaction prior to the first billing, BPI Express Credit shall charge a pre-termination fee of Php550 plus an additional 2% interest on the principal amount. If pre-termination is done after the first billing, monthly payment shall first be applied to interest then to the principal using the diminishing balance method plus a pre-termination fee of Php550.
   
6. The terms and conditions governing the issuance of the BPI Express Credit and the reminders and other provisions contained in the card carrier, statement of account, charge slips and other documents or instruments, which are made an integral part hereof by reference, shall likewise be resorted to in instances where they are applicable.
   

Buy Now Pay Later Mechanics

1. The Buy Now, Pay Later (BNPL) facility is offered at the New Glorietta Activity Center exhibit from March 6 to 24 and in the participating merchant exhibitors’ store branches nationwide from March 1 to April 15, 2013.
   
2. The posting of Buy Now, Pay Later (BNPL) first amortization will start 60 days from the date of purchase. The suceeding amortization shall be billed every month thereafter, until the full transaction is paid in full.
   
3. BNPL is only available on Real 0% S.I.P. transactions (Straight charge transactions are not qualified).
   
4. The cardholder should advise cashier/ store personnel if he will avail of BNPL, otherwise, the regular installment plan payment scheme will be applied.
   
5. The approved installment transaction is automatically deducted from the cardholder’s available regular/bonus madness limit.