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Illustration, not the bank's artwork.

BPI · Visa

Free+

Why pick it: No annual fee for life, 2.5% finance charge

No-annual-fee-for-life invite-only card: earns no points, only 15% cashback on previous month's finance charge; 2.5% monthly finance charge.

Score
15 /100
Status
By invitation
Annual fee
Free for life
#154 of all 170 scored cardsThin data

Thin data: the bank does not publish the income requirement. Check with the bank before you apply.

BY INVITATION ONLYHonest take

Interest cashback lang ang reward ng card na ito, at invite-only pa.

Bottom line: Nagbabayad ka ba in full kada buwan? Halos wala kang makukuha dito. Kung may balance kang dala, pinapagaan ng cashback ang interest, pero mas mahal pa rin iyon kaysa magbayad on time.

Read the full take: the math, what's good, what hurts

Para sa typical household (~₱825k a year) na nagbabayad in full kada buwan, negatibo ang rewards na ~-₱500, at ~-₱2,000 naman sa travel dahil sa foreign transaction fee, parehong galing sa data. 15 ang score nito.

The numbers in this take are our estimates for a typical household, not bank policy. Check fees and waivers with the bank.

What's good

  • Free for life ang annual fee, per the page.
  • Low ang finance charge na 2.5%, per the page.
  • 15% cashback sa interest kapag nabayaran on time ang Minimum Amount Due (MAD); 15% ito ng finance charge noong nakaraang buwan.

What's bad

  • Walang points sa page; interest cashback lang ang reward.
  • 3.00% ang foreign transaction fee, from our data.
  • Select BPI depositors lang ang inaalok nito (notified via email at SMS), at principal cards lang ang issued.

The catch: Hindi pa inaanunsyo ang public availability, at walang petsa sa page. Kailangan mo ring gamitin ang card kahit isang beses kada billing cycle (kahit anong amount) para makuha ang interest cashback.

Rechecked on the bank page on 2026-10-24. Not on the page: foreign fee; public launch date. Our opinion, based on published terms. Not financial advice. The bank decides approval.

The take above is written for a typical household spending about ₱825,500 a year. Get your own score in 60 seconds.

Yearly value for a typical household:
about −₱2,500 in rewards (−₱500) and travel value (−₱2,000), before the card's fees (no annual fee)
To qualify:
By invitation; Invite-only: select BPI depositors notified by email/SMS · Public availability not yet announced; principal cards only (by invitation)
Bank service:
About typical.
Score breakdown, fees, rewards and perks

Score breakdown

  • Yearly value0 / 63

    These bars compare each part with other cards on its own, so they don't add up to Yearly value. How it is scored

    • Rewards on the default spend0 / 37

      No rewards on the typical household's spend after the foreign fee on foreign online spend. How the bars work

    • Annual fee after waivers16 / 16

      No annual fee. How the bars work

    • Travel and perks on the default spend0 / 10

      About −₱2,000 of travel value on one trip abroad a year, after the 3.00% foreign fee. How the bars work

  • Promos and 0% installments9 / 15

    0% installment network: strong. Promos: fair, judged by what a typical household would likely save from the promos this card gets, past and current, with 27 live promos tracked. How it is scored

  • Points flexibility0 / 10

    No rewards, so nothing to redeem. How it is scored

  • Credit limit and upgrade path3 / 5

    No standard card level. The score also reflects how BPI handles credit limit increases and card upgrades. How it is scored

  • App and service3 / 5

    Banking app: strong. Service: about typical. How it is scored

  • Late fee1 / 2

    A late fee of ₱850 for one missed payment. How it is scored

On the default spend: about −₱500 a year in rewards and −₱2,000 in travel value.

Score over time

Total score and tier on each data date, on the default spend.

methodmethodmethodmethod33 DOct 2433 DOct 2615 DOct 2715 DNov 215 DNov 415 DNov 915 DNov 1015 DNov 11
  • Between Oct 24 and Oct 26 the scoring method changed (2 changes), so part of that move is the method, not the card.
  • Between Oct 26 and Oct 27 the scoring method changed (10 changes), so part of that move is the method, not the card.
  • Between Nov 2 and Nov 4 the scoring method changed (a card with a higher income minimum for first-time applicants is no longer left out), so part of that move is the method, not the card.
  • Between Nov 10 and Nov 11 the scoring method changed (3 changes), so part of that move is the method, not the card.
  • Method changes

Fees and who can apply

Annual fee
Free for life
Supplementary fee
₱0
Fee waiver
No annual fee
Foreign transaction fee
3.00%
Minimum income
By invitation
Also needs
Invite-only: select BPI depositors notified by email/SMS · Public availability not yet announced; principal cards only

Rewards

No BPI points. The only reward is 15% interest cash back on last month's finance charge, if you transact at least once and pay the minimum on time, so nothing if you pay in full. Finance charge of 2.5% a month.

Type
Cashback
Points expiry
none

Travel perks

International lounge visits
None
Local lounge
None
Travel insurance
None

Strengths

  • No annual fee for life

Watch out for

  • High FX fee (3.00%): avoid using it abroad

Live and upcoming promos (29)

As of Nov 11, 2026. Check each promo's source before you rely on it.

Show 24 more

What cardholders say (0)

Individual accounts, read by us before they appear but not checked with the bank. They never change this card's score.

No cardholder posts yet.

Official BPI card page ↗