BPI Blue MasterCard in 2023: activation, fees, credit limit, requirements

BPI Blue MasterCard in 2023: activation, fees, credit limit, requirements

The business world is rapidly changing, and almost every sector of the economy is doing all it can to ensure that it meets the ever-changing demands. The Bank of the Philippines Islands (BPI) has made BPI Blue MasterCard, which has significantly changed financial transactions within and outside the Philippines.

bpi blue mastercard annual fee
How to use BPI Blue MasterCard points. Photo: @Pixabay
Source: UGC

Whenever you use the card, you earn points. The points can then be redeemed for some fantastic items or services. Additionally, some promotions give you bonuses just for using the card and judging from the BPI Blue MasterCard reviews online; this is no doubt a must-have card.

What is BPI Blue MasterCard?

It is your start-up international credit card, accepted by various establishments worldwide. With the card, you are entitled to P2 million free travel insurance. It also allows you to withdraw money up to 30% of your credit limit in over 1 million ATMs worldwide.

Why is it regarded as a sensible card? It is a sensible card because the holders earn reward points and receive gifts whenever they use it. The card is perfect for your everyday spending and has more perks and privileges.

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BPI Blue MasterCard requirements

The following are the requirements if you wish to be its holder:

  • You must have a Tax Identification Number (TIN) and SSS/GSIS number.
  • You must have a postpaid account.
  • Have a minimum monthly income of P15,000.
  • The minimum age for principal holders must be 21 years and above, while that of the supplementary holders must be 13 years and above.

How much salary is required for BPI Blue MasterCard? As a holder, it means that you are a member of the credit card company. Therefore, an annual membership fee is charged, and the charges are as follows

  • BPI Blue MasterCard annual fee - P1,550
  • First supplementary annual fee - Free for life
  • 2nd to 6th supplementary annual fee - P775
  • Finance charge - 2% per month
  • Annual minimum income requirement - P180,000
  • Cash advance - 30% of the credit limit
  • Foreign currency conversion - 0.85% of the converted amount plus a 1% MasterCard assessment fee.

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Enrolling the BPI credit card

Here is how to enrol BPI credit card:

  1. Visit the BPI Online website.
  2. Click "Register Now".
  3. Select your preferred product type (credit card).
  4. Enter your customer number.
  5. Select your date of birth.
  6. Create your username and password.
  7. Enter your email address.
  8. Go through the "Terms and Conditions" and click "Submit".
  9. Enter your One-Time-PIN and click "Submit".

How to activate a BPI credit card

How to increase your credit limit in BPI Blue Mastercard
How to increase your credit limit in BPI Blue Mastercard. Photo: pexels.com, @Tima Miroshnichenko
Source: UGC

Like any other credit card, BPI credit cards must be activated before you can start using them. There are two ways to go about the activation process. However, first, check whether it is activated or not. Here is how to know if BPI credit card is activated:

  1. Enrol in the BPI Express Online.
  2. Log in to your account and check the credit card details (credit limit and customer numbers).
  3. If the card details are included in your profile, it means that it is already pre-activated.

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Activation via the customer care

The following steps are to be followed if you want to activate BPI credit card. They are as follows:

  1. Call the 24-hour customer service hotline. Metro Manila: (02) 89-100, Domestic toll-free: 1-800-188-89100, Mobile phone and international: (632) 89-100
  2. Press 2 for credit cards.
  3. Press 2 for credit card activation.
  4. As you do so, have it ready with you because you will be asked for details on your card for activation.

BPI credit card activation via SMS

You should as well know how to activate BPI credit card via SMS. The steps involved are equally simple.

  1. Text BPIACT<space>last 10 digits of your BPI Credit Card to 225689.

Using BPI Blue MasterCard

How does BPI Blue MasterCard work? There are various ways you can use this particular MasterCard. For example, if you want to pay your travel fare through contactless technology, the following steps apply:

  1. Look for the contactless indicator in the Point-Of-Sale (POS) terminal.
  2. Tap the card on the POS terminal.
  3. Once the transaction is approved, you can choose to print the receipt.

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How to use BPI Blue MasterCard points

Your BPI Points earned accumulate over time, and you have the freedom to accumulate even more points in exchange for exciting rewards items or vouchers.

To use the points, simply download the Vybe app and redeem your points for a diverse selection of electronic gift certificates (eGCs) that cater to your travel, shopping, dining, or leisure desires.

How to increase your credit limit in BPI Blue MasterCard

BPI Blue MasterCard credit limit varies. There are many factors considered before arriving at the credit limit. Some of these factors include credit history, income, and debt-to-income ratio.

You may request to increase it after a year by calling the customer service hotline, which is 89-100. You may be asked to submit income documents such as ITR or payslips to process your request. Therefore, ensure that you have them.

What are the benefits of having BPI Blue MasterCard?

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BPI Blue MasterCard
BPI Blue MasterCard gold Photo: pexels.com, @Leeloo Thefirst
Source: UGC

Holders enjoy myriad benefits. Some of them include:

  • An annual membership fee for the first year is waived.
  • A holder is eligible to earn Real Thrill Reward Points with their groceries, shopping, and dining spending. (1 point = P35)
  • They can book their travel with the card and receive free travel insurance coverage of up to P2 million.
  • Holders can borrow up to 30% of their credit limit by using the cash advance feature.

What can you redeem with your Real Thrills Rewards points?

You can redeem different items from the reward catalogue anytime if you have the required number of Real Thrill Rewards points. You can redeem the reward points to cater for the following expenses.

  • Shopping
  • Leisure and relaxation
  • Dining
  • Travel
  • Membership fees
  • Charities

You can find out the number of Real Thrills Rewards Points required under each category.

What is the BPI Blue MasterCard interest rate?

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The holders are charged interests as follows:

  1. Finance charges: 3.50% per month
  2. Cash advance charge: 3% of the cash advance amount or P500.00, whichever is higher.
  3. Cash advance interest charge: It varies and is calculated as follows. {(total interest + cash advance fee)÷(Average outstanding principal balance)}.

BPI Blue MasterCard credit limit review

Different people have found it easy and convenient to use the card. For example, one user said this:

I have BPI blue card and increased twice this month. My limit currently is now 100k from 15k though I rarely use it na, like for the past 6 months, di ko siya halos nagagamit and wondering bakit ako in-increase knowing the fact na di ko na ginagamit card nila because I actually switched to diff. bank for CC dahil sobrang baba ng limit ko noon sa kanila.

Is BPI Blue MasterCard free?

The 1st year annual membership fee is free. Onwards the yearly membership price for the MasterCard is P 1,550.

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Can you apply for a BPI credit card gold?

Yes, with the gold card, you may get year-round discounts, freebies, and payment plans from your favourite stores, as well as earn BPI Points on every transaction.

Are you eligible for a BPI Blue credit card?

To apply, the primary cardholder must have a monthly salary of at least P15,000 and be at least 21 years old. The supplemental cardholder must be at least 13 years of age.

This is all about the BPI Blue MasterCard that you need to know. It comes with a lot of benefits for its holders.

DISCLAIMER: This article is not sponsored by any third party. It is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!

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Kami.com.ph also published an article on Western Union Philippines. People send money for numerous reasons, such as to support family and friends, offer help to organizations, or make bookings.

Considering that money is necessary and required in facilitating innumerable things, a suitable platform for sending and receiving is paramount. For those residing in the Philippines who want to conduct any international money transfer, the Western Union can take care of this.

Source: KAMI.com.gh

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