Comments on: BPI Credit Card — Good Features of BPI Classic http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/ Helpful Info for Fellow Working Pinoys Thu, 09 Feb 2012 16:58:33 -0500 http://wordpress.org/?v=2.8 hourly 1 By: Nors http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-32116 Nors Sun, 05 Feb 2012 00:48:26 +0000 http://www.workingpinoy.com/?p=10#comment-32116 Hi Angeline, yong BPI credit card mo ba ay hindi classic (yong maroon or burgundy ang color), kasi kung ito yon, local use lang yan -- not for use abroad or on the Internet. Pero kung BPI Mastercard, yes, puede online or abroad. Maco-convert yong US$366.60 into pesos using yong rate ng Mastercard at the time of purchase. Kung at this moment, puedeng 366.60 x 44 = 16,130.40. Pero this is not accurate. Pag nasa Philippines ka na, i-enroll mo ang credit card mo sa BPI Internet para ma-check mo ang available credit mo anytime anywhere. Hi Angeline, yong BPI credit card mo ba ay hindi classic (yong maroon or burgundy ang color), kasi kung ito yon, local use lang yan — not for use abroad or on the Internet. Pero kung BPI Mastercard, yes, puede online or abroad. Maco-convert yong US$366.60 into pesos using yong rate ng Mastercard at the time of purchase. Kung at this moment, puedeng 366.60 x 44 = 16,130.40. Pero this is not accurate. Pag nasa Philippines ka na, i-enroll mo ang credit card mo sa BPI Internet para ma-check mo ang available credit mo anytime anywhere.

]]> By: angeline http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-32103 angeline Sat, 04 Feb 2012 20:50:58 +0000 http://www.workingpinoy.com/?p=10#comment-32103 hello po..Im using BPI credit card.paano po malalaman kung mgkno n credit ko s account ko..Im here outside philippines..and If ever me purchase aq through internet (plane ticket) amounting 366.60USD, mgkno kya ang mgging total charge nun? thanks hello po..Im using BPI credit card.paano po malalaman kung mgkno n credit ko s account ko..Im here outside philippines..and If ever me purchase aq through internet (plane ticket) amounting 366.60USD, mgkno kya ang mgging total charge nun?
thanks

]]> By: Nors http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-31068 Nors Thu, 26 Jan 2012 14:03:46 +0000 http://www.workingpinoy.com/?p=10#comment-31068 Hi Ina, yes, dapat ang running total mo, meaning yong unpaid installment total plus unused credit should not exceed 39k. Kahit noong separate pa ang SIP at straight (regular) credit line, ganon din na combined yong available credit total. Sa example mo, hindi ka pa puedeng bumili ng item worth 37k. Kung sa 24k na nagamit mo ay nakabayad ka na ng 4k, available credit mo is 19k. Hi Ina, yes, dapat ang running total mo, meaning yong unpaid installment total plus unused credit should not exceed 39k. Kahit noong separate pa ang SIP at straight (regular) credit line, ganon din na combined yong available credit total. Sa example mo, hindi ka pa puedeng bumili ng item worth 37k. Kung sa 24k na nagamit mo ay nakabayad ka na ng 4k, available credit mo is 19k.

]]> By: Ina http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-31022 Ina Thu, 26 Jan 2012 05:13:56 +0000 http://www.workingpinoy.com/?p=10#comment-31022 Hi, I'm still a bit confused with SIP. BPI recently consolidated my regular and SIP limits into one credit line, amounting to 39,000. I am currently paying a 0% 12-month installment plan for a laptop I bought last year (price is around 24k). Does this mean I cannot purchase another gadget for the SIP plan? (ex. a phone that costs 37k) Thank you! Hi,

I’m still a bit confused with SIP. BPI recently consolidated my regular and SIP limits into one credit line, amounting to 39,000. I am currently paying a 0% 12-month installment plan for a laptop I bought last year (price is around 24k). Does this mean I cannot purchase another gadget for the SIP plan? (ex. a phone that costs 37k)

Thank you!

]]> By: Edgar http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-30818 Edgar Tue, 24 Jan 2012 10:57:26 +0000 http://www.workingpinoy.com/?p=10#comment-30818 Hi Nors, Good day! Just want to ask if How did they compute the Finance charges and other fees at BPI blue master card? I'm surprised coz it's the first time that I use this card. And by the way, it's my first credit card. Gusto kong sirain card na to! sayang yung 2k+ na finance charge and other fees na wala naman akong alam.. dapat kinash ko nalang.. kala ko kasi walang kahit anong charge basta on time mo bayaran. Hi Nors, Good day! Just want to ask if How did they compute the Finance charges and other fees at BPI blue master card? I’m surprised coz it’s the first time that I use this card. And by the way, it’s my first credit card. Gusto kong sirain card na to! sayang yung 2k+ na finance charge and other fees na wala naman akong alam.. dapat kinash ko nalang.. kala ko kasi walang kahit anong charge basta on time mo bayaran.

]]> By: Nors http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-30669 Nors Sun, 22 Jan 2012 18:48:17 +0000 http://www.workingpinoy.com/?p=10#comment-30669 Hi Belle, oo, better yan, twice, thrice, etc. basta may pera pa, it helps reduce the interest amount. Mag-aapir agad yan sa next statement basta yong payments mo are before the Statement Date (kung kelan nag-co-compute ang system). Maganda rin ang magbayad nang maaga -- just after the statement date and much in advance of the due date -- makakabawas sa interest for those with rollover balances. Hi Belle, oo, better yan, twice, thrice, etc. basta may pera pa, it helps reduce the interest amount. Mag-aapir agad yan sa next statement basta yong payments mo are before the Statement Date (kung kelan nag-co-compute ang system). Maganda rin ang magbayad nang maaga — just after the statement date and much in advance of the due date — makakabawas sa interest for those with rollover balances.

]]> By: Nors http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-30663 Nors Sun, 22 Jan 2012 18:14:33 +0000 http://www.workingpinoy.com/?p=10#comment-30663 Hi Amethyst, if you buy the 40k laptop on a 0% interest 6-month SIP, the 40k will be deducted in full outright from your credit limit. If there's 1% interest, the total interest will be added to the total deduction. Hi Amethyst, if you buy the 40k laptop on a 0% interest 6-month SIP, the 40k will be deducted in full outright from your credit limit. If there’s 1% interest, the total interest will be added to the total deduction.

]]> By: Nors http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-30661 Nors Sun, 22 Jan 2012 17:56:28 +0000 http://www.workingpinoy.com/?p=10#comment-30661 Hi Jon, if you're buying from a store/shop that offers 1% interest SIP, the 1% interest will be the only interest rate to be charged. The exception is the additional amount that some stores/shops add to credit card purchases. Actually, this is no longer allowed by law, but stores usually get around the law by saying "this is the promo price (cash price) and this is the credit card price." For SIP purchases, the monthly amortization is fixed, no other interest or amount is added. The amount of monthly amortization and the number of months is included in the receipt. Hi Jon, if you’re buying from a store/shop that offers 1% interest SIP, the 1% interest will be the only interest rate to be charged. The exception is the additional amount that some stores/shops add to credit card purchases. Actually, this is no longer allowed by law, but stores usually get around the law by saying “this is the promo price (cash price) and this is the credit card price.” For SIP purchases, the monthly amortization is fixed, no other interest or amount is added. The amount of monthly amortization and the number of months is included in the receipt.

]]> By: belle http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-30650 belle Sun, 22 Jan 2012 16:44:43 +0000 http://www.workingpinoy.com/?p=10#comment-30650 Hi, Tanong ko lang po kung pwedeng magbayad twice ng credit before due date.say may natira pang pera.mag aappear po kaya yon agad sa kanila?.nakakatakot kasi yung feeling na may utang and mas nakakatakot yung interest..kaya as much as possible po i dont want to use may credit card if its not emergency naman, kasi i heard yung iba talaga nababaon sa interest.. thanks. Hi,
Tanong ko lang po kung pwedeng magbayad twice ng credit before due date.say may natira pang pera.mag aappear po kaya yon agad sa kanila?.nakakatakot kasi yung feeling na may utang and mas nakakatakot yung interest..kaya as much as possible po i dont want to use may credit card if its not emergency naman, kasi i heard yung iba talaga nababaon sa interest..
thanks.

]]> By: amethyst http://www.workingpinoy.com/2008/08/bpi-classic-and-bdo-shop-more-are-the-best-credit-cards-for-employees/comment-page-2/#comment-30646 amethyst Sun, 22 Jan 2012 15:26:06 +0000 http://www.workingpinoy.com/?p=10#comment-30646 Hi Ms. Nors, Thanks for a very informative site. I just got my first BPI credit card this month and im planning to buy a new laptop that cost 40k and can be avail either on straight payment and 6 months installment plan. im just confused, that if i avail the 6 months installment plan, once they swipe my card, is the whole amount of 40k be deducted right away or just the first month of that 6months SIP? thanks in advance.. Hi Ms. Nors,
Thanks for a very informative site.
I just got my first BPI credit card this month and im planning to buy a new laptop that cost 40k and can be avail either on straight payment and 6 months installment plan. im just confused, that if i avail the 6 months installment plan, once they swipe my card, is the whole amount of 40k be deducted right away or just the first month of that 6months SIP?
thanks in advance..

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