Credit cards can be the ultimate shopping buddy, especially if you have the BPI Amore Visa Platinum credit card. Perfect for frequent shoppers at Ayala Malls, learn all about the perks and privileges you can enjoy with this lifestyle card from BPI.
BPI Amore Visa Platinum At A Glance | |
Annual Fee | 5,000 PHP / year |
Supplementary Annual Fee | First supplementary card : Free for life 2nd to 6th supplementary card : 2,500 PHP / year |
Monthly Finance Charge | 3.5% |
Late Payment Fee | 700 PHP |
Cash Advance Fee | 3% of the cash advance amount or 500 PHP, whichever is higher |
Foreign Currency Conversion | 0.85% of the converted amount plus 1% assessment fee |
Special Instalment Plan | 550 PHP pre-termination fee and additional 2% on loan principal amount if pre-terminated before the first billing |
Minimum Income Requirement | 83,333 PHP / month |
Card Association | Visa |
Why You Should Get the BPI Amore Visa Platinum Card
The BPI Amore Visa Platinum is what you can call a shopaholic’s credit card. The more you shop, the more perks and discounts you get!
If you want a card that offers rebates, this is a good card to have. It offers rebates of up to 25,000 PHP per year, or rebates with every 1,000 PHP that you spend at partner merchants at any Ayala Mall in the Philippines.
As a cardholder, you also get exclusive discounts or free gifts from participating Ayala Malls merchants.
When there are special events or promotions, you can receive exclusive invitations or reserve seats to mall shows on a first come, first served basis.
Cardholders who love watching movies at Ayala Malls Cinemas can skip the queues and purchase movie tickets with 5% off using the Express Lane.
Other Features of the BPI Amore Visa Platinum
Contactless Technology
You can use this card at merchants that accept BPI Contactless Credit Cards. You can shop and tap at Robinsons Supermarket, Marketplace by Rustan’s, S&R, Healthy Options, Living Well, Mercury Drug, Ministop, National Bookstore, or Daiso Japan, just to name a few.
Balance Transfer
This feature can help you consolidate all your balances from other credit cards. Pay just one card in fixed monthly installments for up to 36 months.
Credit to Cash
You have the option to convert up to 100% of your available credit limit to cash and pay for up to 36 fixed monthly installments.
Special Installment Plan for Schools
Do you have children attending school at De La Salle University, Ateneo de Manila, Miriam College, University of Santo Tomas, San Beda College Alabang, or Far Eastern University?
You can pay for their tuition fees directly with your card at the school cashier for up to 24 monthly installments.
All you need to do is go to any BPI branch, present your BPI Amore Visa Platinum card and submit the duly accomplished BPI S.I.P. for School application form with the tuition receipt, school assessment form, or official receipt of school related expenses (books, notebooks, school uniforms, etc.).
You can claim your proceeds through your BPI deposit account or via check.
Here’s a table that illustrates the applicable rates when you charge it to your BPI Amore Visa Platinum.
TERM | ADD ON RATE PER MONTH (%) | FACTOR RATE |
3 | 1.50% | 0.348333 |
6 | 1.50% | 0.181667 |
9 | 1.50% | 0.126111 |
12 | 0.75% | 0.090833 |
And here’s a table that illustrates the applicable rates when you reimburse it.
TERM | ADD ON RATE PER MONTH (%) | FACTOR RATE |
3 | 0.75% | 0.340833 |
6 | 0.75% | 0.174167 |
9 | 0.75% | 0.118611 |
12 | 0.75% | 0.090833 |
18 | 0.75% | 0.063056 |
24 | 0.75% | 0.049167 |
Check the full list of accredited schools for the BPI Special Installment Plans here.
What perks or discounts can you enjoy with BPI Amore Visa Platinum?
There are many thrilling treats that you can avail with the BPI Amore Visa Platinum. Here are just some of them:
Crimson Resort & Spa, Mactan, Cebu (valid until March 31, 2020) |
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Crimson Resort & Spa, Boracay Island Station Zero (valid until March 31, 2020) |
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Apulit, El Nido Resort (valid until March 31, 2020) |
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La Cabrera, Glorietta Complex, Makati (valid until September 30, 2019) |
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Antonio's Restaurant, Tagaytay (valid until September 22, 2019) |
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SaffronCafé at Crimson Resort & Spa, Mactan Cebu (valid until March 31, 2020) |
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All branches of Early Bird Breakfast Club (valid until September 30, 2019) |
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Yes Please, The Palace Complex, Taguig (valid until September 30, 2019) |
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Bar One in Holiday Inn Galleria Manila QC (valid until March 31, 2020) |
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What are the requirements for the BPI Amore Visa Platinum Card?
If you are 21 years old and above, permanently employed, and earning at least 83,350 PHP per month, you are eligible for this card.
Conclusion
The BPI Amore Visa Platinum is not an entry level credit card because of its high income requirement. Having said that, there’s no shortage of exciting deals and promos.
It’s great for people who want to earn rebates. However, you don’t earn reward points for your spending.
The annual fees are quite hefty, but the good thing is that your first supplementary card’s annual fee is waived for life.
It’s also a great option for parents who have children attending school because you can charge your children’s tuition and pay in installments. It can certainly be helpful when budget is tight or when there are unexpected expenses.
Interested in this card already? Which features do you like most, and which ones are giving you second thoughts? Share your thoughts in the comments section!