Auto loan customers can get usable incentives in BPI Flex-Rewards promo

Auto loan customers can get usable incentives in BPI Flex-Rewards promo

MANILA: The Bank of the Philippine Islands (BPI) recently launched its Flex-Rewards promo, through which BPI Auto Loan customers can avail of points to use as payment to fees related to their loan or for other BPI products.

KEY TAKEAWAYS

  • What is the duration of the BPI's Flex-Rewards promo?

    The promo runs until May 16, 2022.
  • What can customers get from BPI's Flex-Rewards promo?

    BPI Auto Loan customers are given 10,000 reward points for every P500,000 loan amount, until the reward points reach the 50,000-point limit.
  • Customers' reward points can pay for chattel mortgage fees, insurance premiums, deposit fund credits, AMTC/BIMI placements, amortization payments, and credit card rebates.

    Through the Flex-Rewards promo, BPI Auto Loan customers are given 10,000 reward points for every P500,000 loan amount, which is the minimum amount for the promo. 

    For loan amounts that range from P2.5-million and above, a 50,000 reward point cap applies, BPI clarified. 

    During the virtual launch for the promo, BPI Retail Loans Head Dennis Fronda explained that the promo applies to brand-new vehicles for now, when asked if second-hand car buyers can get the promo. 

    Maxus D60

    He added that with the promo, the bank is eyeing a "20% boost" auto loan applications compared to last year, when asked about the projected turnout of the promo. 

    Application period for the Flex-Rewards promo runs now until  May 16, 2022. Customers can apply for the promo at BPI's website or its branches. 

    Loan applicants must have a minimum down payment of 20% and the loan must be “booked” (the full loan amount released to client or seller) on or before June 16, 2022, BPI said. 

    Aside from BPI Auto Loan, BPI Housing Loan also offers the promo. 

    Photos from Bank of the Philippines Islands (BPI), Maxus Philippines 

    Also read: Maxus vehicles available with zero cash out this Mar.

     

    Dylan Afuang

    Dylan Afuang

    Growing up in the 2000s, Dylan browsed through car magazines before reading proper books, and watched motoring TV shows as often as he did cartoons. So, talking about cars came natural to him. His dream car is the Honda S2000.

    Read Full Bio

    Sell your car at the best price

    Verified and genuine buyers Verified and genuine buyers
    Free listing Free listing
    List your car

    Trending & Fresh Updates

    You might also be interested in

    • News
    • Featured Stories

    Featured Cars

    • Upcoming
    • Kia Carens 2025
      Kia Carens 2025
      ₱1.57 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • Toyota Vios 2025
      Toyota Vios 2025
      ₱832,000 Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • MG RX8
      MG RX8
      ₱1.05 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • Omoda 7
      Omoda 7
      Price coming soon
      Expected Launch TBA Alert Me When Launched
    • JAECOO J7
      JAECOO J7
      ₱1.6 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched

    Latest Car Videos on Zigwheels

    Zigwheels
    • Omoda Jaecoo EJ6, J6 and C5 at MIAS 2025 | First Look | Zigwheels.Ph
      Omoda Jaecoo EJ6, J6 and C5 at MIAS 2025 | First Look | Zigwheels.Ph
      17 Apr, 2025 .
    • Honda RS Battle! Turbo 1.5 vs NA 1.5 Fuel Economy Comparo | Zigwheels.Ph
      Honda RS Battle! Turbo 1.5 vs NA 1.5 Fuel Economy Comparo | Zigwheels.Ph
      17 Apr, 2025 .
    • 2025 MIAS New Car Recap | Zigwheels.Ph
      2025 MIAS New Car Recap | Zigwheels.Ph
      14 Apr, 2025 .
    • Fully Electric MPV for ONLY P1.448M? BYD Tech Tour at MIAS 2025 | Zigwheels.Ph
      Fully Electric MPV for ONLY P1.448M? BYD Tech Tour at MIAS 2025 | Zigwheels.Ph
      14 Apr, 2025 .
    • BYD eMAX 7 – The Electric Company | First Look | Zigwheels Philippines
      BYD eMAX 7 – The Electric Company | First Look | Zigwheels Philippines
      08 Apr, 2025 .
    • 2025 Foton Thunder 4x4 AT | Surprise! This over a Hilux? | Review | Zigwheels.Ph
      2025 Foton Thunder 4x4 AT | Surprise! This over a Hilux? | Review | Zigwheels.Ph
      08 Apr, 2025 .
    • 2025 Nissan Patrol | Is This the New King of SUVs? | First Look | Zigwheels.Ph
      2025 Nissan Patrol | Is This the New King of SUVs? | First Look | Zigwheels.Ph
      02 Apr, 2025 .
    • 2025 Toyota Hilux GR-S Spec Guide | Zigwheels.Ph
      2025 Toyota Hilux GR-S Spec Guide | Zigwheels.Ph
      02 Apr, 2025 .
    • 2025 Toyota Hilux GR-S Review | Zigwheels.Ph
      2025 Toyota Hilux GR-S Review | Zigwheels.Ph
      21 Mar, 2025 .
    • 2024 Nissan Patrol Royale Spec Guide | Zigwheels.Ph
      2024 Nissan Patrol Royale Spec Guide | Zigwheels.Ph
      21 Mar, 2025 .
    Watch Car Videos

    Car Articles From Carmudi

    • journal
    • advice
    • financing
    • insurance
    • CAMPI-TMA Mar. YTD 2025 sales reach 117k mark
      CAMPI-TMA Mar. YTD 2025 sales reach 117k mark
      Ruben Manahan IV, Apr 15, 2025
    • Oil firms to implement major price rollbacks ahead of anticipated ‘traffic exodus’
      Oil firms to implement major price rollbacks ahead of anticipated ‘traffic exodus’
      Ruben Manahan IV, Apr 14, 2025
    • BMW PH introduces X3 30e xDrive M Sport
      BMW PH introduces X3 30e xDrive M Sport
      Ruben Manahan IV, Apr 14, 2025
    • Here’s what transpired at MIAS 2025
      Here’s what transpired at MIAS 2025
      Paulo Papa, Apr 14, 2025
    • MIAS 2025: What to expect
      MIAS 2025: What to expect
      Paulo Papa, Apr 10, 2025
    • Don’t risk it: Here’s how to confirm driver’s license validity
      Don’t risk it: Here’s how to confirm driver’s license validity
      Carmudi PH, Apr 08, 2025
    • Your complete guide to a Non-Professional Driver’s License
      Your complete guide to a Non-Professional Driver’s License
      Carmudi PH, Apr 04, 2025
    • Fixing errors or updating info? How to revise your driver’s license
      Fixing errors or updating info? How to revise your driver’s license
      Carmudi PH, Apr 02, 2025
    • Auto loan requirements in the Philippines: List of accepted government IDs
      Auto loan requirements in the Philippines: List of accepted government IDs
      Carmudi PH, Mar 28, 2025
    • Lost your LTO driver’s license? Follow these steps to get a new one
      Lost your LTO driver’s license? Follow these steps to get a new one
      Carmudi PH, Mar 25, 2025
    • Fast-track your car loan payoff with these hacks
      Fast-track your car loan payoff with these hacks
      Carmudi PH, Apr 06, 2025
    • Pasalo Car Financing: How it works & what to watch out for
      Pasalo Car Financing: How it works & what to watch out for
      Carmudi PH, Apr 03, 2025
    • Car loan issues? Here’s how to resolve disputes in the Philippines
      Car loan issues? Here’s how to resolve disputes in the Philippines
      Carmudi PH, Mar 22, 2025
    • Need better auto loan terms? Here’s how to refinance
      Need better auto loan terms? Here’s how to refinance
      Carmudi PH, Mar 21, 2025
    • Is it easy to finance a car with no down payment in the Philippines?
      Is it easy to finance a car with no down payment in the Philippines?
      Carmudi PH, Mar 17, 2025
    • Reviewing Etiqa Car Insurance: Is it the right option for you?
      Reviewing Etiqa Car Insurance: Is it the right option for you?
      Carmudi PH, Apr 07, 2025
    • Cheap car insurance: Smart savings or a costly mistake?
      Cheap car insurance: Smart savings or a costly mistake?
      Carmudi PH, Apr 01, 2025
    • Reviewing Malayan Auto Insurance: Is it the right option for you?
      Reviewing Malayan Auto Insurance: Is it the right option for you?
      Carmudi PH, Mar 27, 2025
    • Top 15 car insurance concerns in the Philippines—Answer
      Top 15 car insurance concerns in the Philippines—Answer
      Carmudi PH, Mar 19, 2025
    • Manual vs. Automatic: Which transmission has higher insurance costs?
      Manual vs. Automatic: Which transmission has higher insurance costs?
      Carmudi PH, Mar 13, 2025

    Compare

    You can add 3 variants maximum*