As the country’s auto and home finance markets are on a steady rise, the Bank of the Philippine Islands (BPI) is offering Filipinos more ways to get their dream car, house, and even motorcycle.
These were unveiled at the MyFiesta fair held last August 2-4 at the Activity Center of TriNoma mall in Quezon City, Ayala Malls Capitol Central in Bacolod, and SM Downtown Premier in Cagayan De Oro simultaneously.
Auto Loan applicants can get free bank fees of up to Php 173,000 and lower interest rates. They will also have the option to avail of an All-In Financing or low downpayment and free bank fees of up to Php 30,000 through any BPI branch nationwide.
For Housing Loan applicants, clients can enjoy a 7% interest rate fixed for 7 years, and free bank fees of Php 7k for every Php 1-million loan amount (capped at Php 173,000).
Clients will automatically earn 100,000 BPI Rewards Points via BPI Vybe for any Auto or Housing Loan application via BPI Loans Marketplace. The VYBE points can be used to redeem rewards from over 200 partner merchants.
The promos apply to Auto Loan and Housing Loan applications made from August 1 to September 30 this year.
For Motorcycle Loan applications from August 1 to the end of 2024, clients will get monthly amortization discounts when they pay on time. The discounts that will be applied are Php 500 per month for a 12-month loan term, Php 600 per month for a 24-month loan term, and Php 700 per month for a 36-month loan term. This promo for the BPI Motorcycle Loan is exclusive to motorcycle units of Premiumbikes and Summit Superbikes dealerships.
BPI MyFiesta showcased the bank’s partnerships with car brands, property developers, motorcycle dealers, insurance providers, and sustainable financing partners. The collaboration makes possible the provision of mileages through BPI Auto Loan, Housing Loan, and Motorcycle Loan.
“The event’s theme seamlessly integrated physical and digital experiences (phygital), strategically engaging customers in a personalized and immersive way. This approach aimed to forge a deeper connection with Filipinos, supporting them on their journey to achieve their personal aspirations,” said Dexter Cuajotor, Head of Retail Lending and Bancassurance, BPI.
My Fiesta focused on several key areas: celebration, community, and personalization. This personalization extended beyond the event itself to the products and services offered. “We recognize that each Filipino has unique aspirations, and BPI is committed to helping them achieve their #LifeGoals,” Cuajotor added.
BPI MyFiesta—an event of celebration, community, and personalized experiences—provided Filipinos ways to acquire their dream car, home, motorcycle, and MORE! Partner brands that had booths at the event were: Toyota, Mitsubishi, Ford, Hyundai, Kia, BYD, Nissan, Honda, Isuzu, Geely, MG, Jetour, and GAC for Auto Loans; Avida, Amaia, DMCI, RLC, Juanito King, JECO, ML&D, A Brown Company Inc., Italpinas Development Corporation, and Pueblo de Oro Corporation for Housing Loans; Premiumbikes and Summit Superbikes for Motorcycle Loans; and Cubo Modular Inc, and Greenery Solar for sustainable financing partners.
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