Credit Card BPI Edge Mastercard Review: How to Apply?

Credit Card BPI Edge Mastercard Review: How to Apply?

What is BPI?

Bank of the Philippines Islands or BPI was established in 1851, carrying the distinction of being the oldest bank not just in the Philippines but also in Southeast Asia. BPI is also one of the country’s largest banks, with 1,173 branches and units and more than 2,700 ATMs nationwide.

BPI offers a wide range of products and services, from savings and checking accounts to loans and investment products. The bank also has a strong focus on digital banking, with an extensive online and mobile banking platform.

BPI is a publicly listed company on the Philippine Stock Exchange, with a market capitalization of over PHP 500 billion. The bank is majority-owned by Ayala Corporation, one of the largest conglomerates in the Philippines.

Credit card BPI Edge Mastercard, how does it work?

What is BPI Mastercard? BPI offers a wide range of credit cards that cater to the different needs and lifestyles of its clients. One of them is the BPI Edge Mastercard. It’s a lifestyle rewards card that gives you points for every purchase you make. You can then use these points to get discounts on future purchases or redeem them for travel, merchandise, or special deals. The more you spend, the more points you earn, and the more valuable the rewards become.

BPI Edge Mastercard vs BPI Blue Mastercard

What is BPI Blue Mastercard? BPI Blue is a type of credit card that is designed for everyday purchase so that cardholders can benefit from the Real Rewards Thrill program.

  • BPI Edge and BPI Blue have similar product offerings. The main differences are the rewards points system and the annual fees.
  • BPI Edge: 1 point for every PHP50 spend (Annual fee PHP1320)
  • BPI Blue: 1 point for every PHP35 spend (Annual fee PHP1550)

How to apply for credit card BPI Edge Mastercard?

Here's how to apply for a BPI Edge Mastercard:

    • Go to the BPI Credit Cards page and look for the BPI Edge Mastercard section. Click on the "Apply Now" button.
    • Fill out the application form with your personal and financial information.
    • Submit the form and wait for a decision from BPI.
    • If you're approved, you'll receive your credit card in the mail within 7-10 business days

      • Activate your card by calling the customer service number or visiting the BPI website.
      • Start using your card and earning cash back on all your purchases!

      Requirements

      • You must be at least 21 years of age and not more than 60 years old upon card application date

      • Proof of ID: Valid government-issued photo ID (e.g., Passport, Driver’s License, Postal ID, UMID, etc.)

      • You must be employed or have a steady source of income.

      • You must have a gross monthly income of at least Php15,000 (or PHP180,000 per year).

      • Proof of income (e.g., Certificate of Employment) or credit card statement from another bank

      • You must not have any delinquent account with BPI or other banks.

      How to check for an application status?

      If you've applied for a BPI Edge Mastercard and are wondering about the status of your credit card application, there are a few ways to check. You can log in to your online account through the BPI website or the mobile app, call customer service, send an e-mail, or visit a BPI branch in person.

      Via Phone:

      1. Call the BPI Customer Care Hotline at (632) 889-10000.

      2. When prompted by the automated system, press 2 for Credit Cards.

      3. Press 2 for Credit Card Application Status Inquiry.

      4. Key in your 10-digit application ID.

      5. Wait for the response.

      6. You can also be connected to a BPI agent if you want further details about the status of your application.

      Via BPI website:

      1. Register for BPI Online Banking.

      2. Log-in to the BPI Online website .

      3. Click on Other Services > Application Status Inquiry > Credit Card

      Can I make an online application?

      The answer is yes! You can easily apply for a BPI Edge Mastercard through the official website of BPI. The application process is simple and only takes a few minutes to complete. Plus, the processing is much faster when you apply online.

      How to activate the credit card BPI Edge Mastercard?

      To activate your newly issued BPI Edge Mastercard via SMS:

        • Text BPIACT [space] last 10 digits of your BPI Edge credit card

        For example: BPIACT  1234567890

          • Send it to 225689.

          If you’re unable to activate via SMS, contact the BPI Hotline for further assistance. Alternatively, you can visit any BPI branch to request for activation. Bring your credit card and a valid photo ID.

          How to cancel the credit card BPI Edge Mastercard?

          If you wish to cancel your BPI Edge card, you must do so by calling the BPI Contact Center or sending a request through e-mail. Keep in mind that you must first

          How long does it take for credit card BPI Edge Mastercard to arrive?

          It can take up to two weeks for your BPI Edge credit card to arrive in the mail. However, you may be able to get your credit card faster by applying for it online.

          How to transfer money to the credit card BPI Edge Mastercard?

          You cannot transfer money to your credit card. If you do, you’re just essentially paying off your credit card balance or pre-paying items that you have yet to purchase.

          BPI Edge Mastercard credit card limit

          The credit limit for BPI Edge Mastercard varies from one cardholder to the next. It will depend on several factors like your income, credit history, and creditworthiness. Typically, the credit card limit starts at PHP10,000 and can increase as you build your credit score. You can also request for a credit limit increase. Just be ready to provide proof of income that will show that you have had an increase in salary.

          Interest rate and fees

          The interest rate for BPI Edge Mastercard is 2% per month (23% per year) as set by the Bangko Sentral ng Pilipinas.

          The BPI Edge Mastercard annual fee for BPI Edge is waived for the first year. For the subsequent years, the annual fee is PHP110 per month (or PHP1,320 per year). Cash advance has a flat fee of PHP200 per transaction.

          Late payment fee is PHP850 or equivalent to the value of the minimum amount due, whichever is lower.

          Where to pay BPI Edge Mastercard credit card?

          BPI Edge Mastercard cardholders can make payments at any BPI branch nationwide, as well as online and through the BPI Mobile app.

          BPI Authorized Payment Channels:

          • Bayad Center

          • Cebuana Lhuillier

          • SM Payment Counters

          • ECPay partner outlets

          • 7-Eleven stores

          How to pay BPI Edge Mastercard credit card online?

          • To pay in person at BPI bank branches, simply fill out the payment slip and hand it over to the teller.

          • You may also pay through ATMs by selecting " Bills Payment " or " Other Services " then " Credit Cards."

          • To pay online, log in to your account on the BPI website and go to the Credit Cards tab. From there, select “View Statement of Account/Pay Credit Card Bill." Enter the amount you wish to pay and choose your funding account before clicking on “Submit.”

          • For the BPI Mobile app, log in and tap on “My Accounts” then select Credit Cards and it will display the account details. Tap on Pay Bills and then indicate the source of funds (e.g., savings account), the amount to pay, and biller. Please note that you must first add BPI in your biller list.

          Credit card BPI Edge Mastercard benefits

          • Low interest rates and flexible payment terms

          • Real Rewards Thrills program: Earn 1 reward point for every PHP50 spend

          • Installment options with payment terms of up to 36 months

          • Real 0% Special Installment Plant (SIP)

          • Buy Now Pay Later option

          • Free travel insurance of up to PHP2 million every time you book your flight using BPI Edge Mastercard

          • Cash advance of up to 30% of your credit limit

          Cardholders can also enjoy various lifestyle privileges, such as discounts, promos, exclusive invites to events, and complimentary services. With so much to offer, it’s a terrific credit card for your everyday purchases.

          BPI credit card customer service

          Credit card BPI Edge Mastercard reviews

          Based on BPI Edge credit card reviews,  BPI Edge is one of the most popular credit cards in the Philippines because of its quick application process as well as the benefits that come with using the credit card.

          BPI Edge offers a wide range of benefits and features that appeal to many Filipinos. With a low income requirement, BPI Edge is suitable for first-time cardholders and those who want to try BPI credit card’s rewards program.

          Have you used the credit card BPI Edge Mastercard? Share your experience here.

          Send your review
          This article was updated on 24 may 2024